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
EDGAR & FRANCES REYNOLDS
FOUNDATION INC

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1492   Room/suite
City or town, state, and ZIP code
GRAND ISLAND, NE68802
A Employer identification number

47-0589941
B Telephone number (see page 10 of the instructions)

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$6,169,733J 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 30 30 30
4 Dividends and interest from securities...... 85,023 85,023 85,023
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -57,176
b Gross sales price for all assets on line 6a 1,743,417
7 Capital gain net income (from Part IV, line 2)... 9,987
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 5,059 5,059 5,059
12 Total. Add lines 1 through 11........ 32,936 100,099 90,112
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 45,000      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 3,729      
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,200 1,550   4,650
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 4,718 4,660    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 17,440 16,393   1,047
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 77,087 22,603   5,697
25 Contributions, gifts, grants paid........ 292,750 292,750
26 Total expenses and disbursements. Add lines 24 and 25 369,837 22,603   298,447
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -336,901
b Net investment income (if negative, enter -0-) 77,496
c Adjusted net income (if negative, enter -0-)... 90,112
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.......... 3,506,367 1,900,526 1,900,526
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 596,276 Click to see attachment2,052,023 2,139,645
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,064,496 Click to see attachment1,876,861 2,129,562
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) 6,167,139 5,829,410 6,169,733
Liabilities 17 Accounts payable and accrued expenses.......... 1,383 555
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).......... 1,383 555
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund 2,163,956 2,163,956
29 Retained earnings, accumulated income, endowment, or other funds 4,001,800 3,664,899
30 Total net assets or fund balances (see page 17 of the
instructions).................... 6,165,756 5,828,855
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 6,167,139 5,829,410
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 6,165,756
2 Enter amount from Part I, line 27a..................... 2 -336,901
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 5,828,855
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 5,828,855
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.)
1a
b
c
d
e
(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
b
c
d
e
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
b
c
d
e
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 9,987
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 288,694 5,948,105 0.048535
2009 362,291 5,755,858 0.062943
2008 476,175 7,671,824 0.062068
2007 411,669 9,308,185 0.044227
2006 391,460 8,236,515 0.047527
2 Total of line 1, column (d) ...................... 2 0.265300
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 0.053060
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 5,875,672
5 Multiply line 4 by line 3....................... 5 311,763
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 775
7 Add lines 5 and 6......................... 7 312,538
8 Enter qualifying distributions from Part XII, line 4.............. 8 298,447
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 1,550
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 1,550
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,550
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 3,120
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,120
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,570
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet1,560 Refunded Bullet 11 10
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)bulletNE
    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 ofbulletRACHELLE BRYANT Telephone no.bullet (308) 237-5930
    Located atbulletPO BOX 1746KEARNEYNE ZIP+4bullet68848
    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
     
     
    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
     
     
    .........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
     
     
    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
     
     
    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
    FRED GLADEClick to see attachment CHAIRMAN
    30.00     		45,000 0 0
    1419 STAGECOACH RD
    GRAND ISLAND,NE68801
    GORDON GLADEClick to see attachment VICE-CHAIRMA
    1.00     		0 0 0
    112 S GUNBARREL RD
    GRAND ISLAND,NE68801
    KENT COENClick to see attachment TRUSTEE
    1.00     		0 0 0
    2604 S STUHR RD
    GRAND ISLAND,NE68801
    TIM WHITEClick to see attachment TRUSTEE
    1.00     		0 0 0
    1709 RIO GRANDE CIRCLE
    GRAND ISLAND,NE68801
    MIKE STOPPKOTTEEClick to see attachment TRUSTEE
    1.00     		0 0 0
    H ROAD
    CHAPMAN,NE68827
    JUDY BROWNClick to see attachment TRUSTEE
    1.00     		0 0 0
    116 PLATTE VIEW
    PHILLIPS,NE68865
    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  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 STUHR MUSEUM FOUNDATION - PROGRAM SUPPORT 200,000
    2 CITY OF GRAND ISLAND - CAPITAL IMPROVEMENT PROJECT 35,000
    3 THE GRAND FOUNDATION - CAPITAL IMPROVEMENT PROJECT 20,000
    4 NE INDEPENDENT COLLEGE FOUNDATION - EDUCATIONAL SUPPORT 11,250
    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 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,282,489
    b
    Average of monthly cash balances.......................
    1b
    2,646,527
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    1,036,133
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,965,149
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,965,149
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    89,477
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,875,672
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    293,784
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    293,784
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    1,550
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,550
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    292,234
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    292,234
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    292,234
    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
    298,447
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    298,447
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    298,447
    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 7 292,234
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 281,778
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 298,447
    a Applied to 2010, but not more than line 2a 281,778
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 16,669
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		275,565
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    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).)
    FRANCES REYNOLDS
    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:
    EDGAR FRANCES REYNOLDS FOUNDATION
    PO BOX 1492
    GRAND ISLAND,NE68802
    (308) 380-0957
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS AVAILABLE ON REQUEST >> PROVIDE FULL DETAILS ON PROPOSED PROJECT ON NEED
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EXEMPT ORGANIZATION 501(C)(3); EXCLUSIVELY FOR CHARITABLE SCIENTIFIC, RELIGIOUS, LITERARY, OR EDUCATIONAL PURPOSES
    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
    GRAND ISLAND TENNIS ASSN
    2204 BELLWOOD DR
    GRAND ISLAND,NE68801     		N/A PUBLIC PROGRAM SUPPORT 15,000
    STUHR MUSEUM FOUNDATION
    3133 HWY 34
    GRAND ISLAND,NE68801     		N/A PUBLIC PROGRAM SUPPORT 200,000
    CHRISTMAS CHEER
    2203 WOODRIDGE CT
    GRAND ISLAND,NE68801     		N/A PUBLIC PROGRAM SUPPORT 1,000
    COMMUNITY HEALTH CHARITIE
    915 BAUMANN DR
    GRAND ISLAND,NE68803     		N/A PUBLIC PROGRAM SUPPORT 1,000
    THE GRAND FOUNDATION
    315 W 3RD ST
    GRAND ISLAND,NE68801     		N/A PUBLIC CAPITAL IMPROVEMENT PROJECT 20,000
    NE INDEPENDANT COLLEGE FD
    4940 SO 114TH ST STE 5
    OMAHA,NE68137     		N/A PUBLIC EDUCATIONAL SUPPORT 11,250
    SALVATION ARMY
    705 N SYCAMORE ST
    GRAND ISLAND,NE68801     		N/A PUBLIC PROGRAM SUPPORT 1,000
    UNIV OF NEBRASKA FOUNDATI
    1010 LINCOLN MALL STE 300
    LINCOLN,NE68508     		N/A PUBLIC PROGRAM SUPPORT 2,000
    CENTRAL NE GOODWILL INDUS
    2223 N WEBB RD
    GRAND ISLAND,NE68803     		N/A PUBLIC PROGRAM SUPPORT 1,000
    GRAND ISLAND SR CITIZENS
    304 E 3RD ST
    GRAND ISLAND,NE68801     		N/A PUBLIC EDUCATIONAL SUPPORT 1,000
    HOPE HARBOR
    610 W DIVISION ST
    GRAND ISLAND,NE68801     		N/A PUBLIC PROGRAM SUPPORT 1,000
    HASTINGS COLLEGE FOUNDATI
    710 N TURNER
    HASTINGS,NE68901     		N/A PUBLIC PROGRAM SUPPORT 1,250
    HEARTLAND UNITED WAY
    410 W 2ND ST SUITE 8
    GRAND ISLAND,NE68801     		N/A PUBLIC PROGRAM SUPPORT 1,000
    CITY OF GRAND ISLAND
    CITY HALL 100 E 1ST ST
    GRAND ISLAND,NE68801     		N/A PUBLIC CAPITAL IMPROVEMENT PROJECT 35,000
    CREIGHTON UNIVERSITY
    2500 CALIFORNIA PLAZA
    OMAHA,NE68178     		N/A PUBLIC PROGRAM SUPPORT 1,250
    Total .................................bullet 3a 292,750
    bApproved for future payment
    GRAND ISLAND TENNIS ASSN
    2204 BELLWOOD DR
    GRAND ISLAND,NE68801     		N/A PUBLIC PROGRAM SUPPORT 15,000
    SEVERAL CHARITIES-GIVING
    N/A
    GRAND ISLAND,NE68801     		N/A PUBLIC GRAND ISLAND, NE 22,750
    UNIV OF NEBRASKA FOUNDATI
    1010 LINCOLN MALL STE 300
    LINCOLN,NE68508     		N/A PUBLIC PROGRAM SUPPORT 2,000
    Total .................................bullet 3b 39,750
    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 30  
    4 Dividends and interest from securities....     14 85,023  
    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.....     16 5,059  
    8Gain or (loss) from sales of assets other than inventory         -57,176
    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)..   90,112 -57,176
    13Total. Add line 12, columns (b), (d), and (e)..................
    1332,936
    (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:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONTRYMAN ASSOCIATES, PC, CPAS        
    (PREPARATION OF FORM 990PF AND        
    ANNUAL BOOKKEEPING_ 6,200 1,550   4,650

    TY 2011 CompensationExplanation
    Name:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Person Name Explanation
    FRED GLADE  
    GORDON GLADE  
    KENT COEN  
    TIM WHITE  
    MIKE STOPPKOTTEE  
    JUDY BROWN  

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ISHARES TR 2011-11 PURCHASE 2011-11   5 5        
    ISHARES TR 2011-09 PURCHASE 2011-09   6 6        
    ISHARES TR 2011-09 PURCHASE 2011-09   6 6        
    ISHARES TR 2011-11 PURCHASE 2011-11   26 26        
    ISHARES TR 2011-08 PURCHASE 2011-09   41 41        
    ISHARES TR 2011-08 PURCHASE 2011-09   43 43        
    ISHARES TR 2011-08 PURCHASE 2011-09   61 60     1  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-10   70 71     -1  
    ISHARES TR 2011-11 PURCHASE 2011-11   100 101     -1  
    ISHARES TR 2011-11 PURCHASE 2011-11   99 100     -1  
    SPDR SERIES TRUST 2011-10 PURCHASE 2011-11   59 60     -1  
    SPDR SERIES TRUST 2011-11 PURCHASE 2011-11   98 100     -2  
    ISHARES TR 2011-07 PURCHASE 2011-07   235 236     -1  
    POWERSHARES GLOBAL ETF TRUST 2011-11 PURCHASE 2011-11   31 31        
    SPDR SERIES TRUST 2011-08 PURCHASE 2011-11   117 113     4  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-11 PURCHASE 2011-11   97 98     -1  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-07 PURCHASE 2011-08   259 258     1  
    ISHARES TR 2011-08 PURCHASE 2011-09   361 360     1  
    ISHARES TR 2011-08 PURCHASE 2011-11   371 368     3  
    SPDR INDEX SHS FDS 2011-07 PURCHASE 2011-09   197 231     -34  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-09   57 60     -3  
    SPDR SERIES TRUST 2011-07 PURCHASE 2011-08   205 234     -29  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-07 PURCHASE 2011-07   381 380     1  
    ISHARES TR 2011-07 PURCHASE 2011-08   598 596     2  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-07 PURCHASE 2011-09   216 229     -13  
    ISHARES TR 2011-07 PURCHASE 2011-08   675 664     11  
    ISHARES TR 2011-10 PURCHASE 2011-11   735 743     -8  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-05 PURCHASE 2011-06   594 593     1  
    POWERSHARES GLOBAL ETF TRUST 2011-11 PURCHASE 2011-11   97 98     -1  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-11   619 620     -1  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-11 PURCHASE 2011-11   296 302     -6  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-05 PURCHASE 2011-07   756 756        
    ISHARES TR 2011-10 PURCHASE 2011-11   1,013 1,015     -2  
    SPDR SERIES TRUST 2011-10 PURCHASE 2011-11   538 552     -14  
    ISHARES TR 2011-05 PURCHASE 2011-11   1,178 1,168     10  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-07 PURCHASE 2011-08   922 919     3  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-11   1,094 1,096     -2  
    SPDR SERIES TRUST 2011-07 PURCHASE 2011-09   669 719     -50  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-09   1,139 1,140     -1  
    ISHARES TR 2011-10 PURCHASE 2011-11   1,508 1,518     -10  
    SPDR SERIES TRUST 2011-08 PURCHASE 2011-10   670 738     -68  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-12   1,241 1,244     -3  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-10   1,247 1,252     -5  
    ISHARES TR 2011-08 PURCHASE 2011-09   1,649 1,637     12  
    ISHARES TR 2011-08 PURCHASE 2011-09   1,756 1,734     22  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-08   221 232     -11  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-07 PURCHASE 2011-09   615 649     -34  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-09   770 900     -130  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-08 PURCHASE 2011-11   665 676     -11  
    ISHARES TR 2011-07 PURCHASE 2011-08   2,094 2,073     21  
    ISHARES TR 2011-08 PURCHASE 2011-10   2,133 2,247     -114  
    SPDR INDEX SHS FDS 2011-10 PURCHASE 2011-12   939 1,023     -84  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-10   1,923 1,927     -4  
    SPDR INDEX SHS FDS 2011-07 PURCHASE 2011-09   1,191 1,348     -157  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-11 PURCHASE 2011-11   888 913     -25  
    ISHARES TR 2011-08 PURCHASE 2011-10   2,485 2,616     -131  
    SPDR INDEX SHS FDS 2011-07 PURCHASE 2011-09   1,149 1,483     -334  
    ISHARES TR 2011-08 PURCHASE 2011-09   2,972 2,963     9  
    SPDR INDEX SHS FDS 2011-05 PURCHASE 2011-08   1,370 1,698     -328  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-09 PURCHASE 2011-10   965 1,066     -101  
    ISHARES TR 2011-08 PURCHASE 2011-09   3,069 3,097     -28  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-11   1,300 1,437     -137  
    SPDR SERIES TRUST 2011-10 PURCHASE 2011-11   1,525 1,527     -2  
    ISHARES TR 2011-08 PURCHASE 2011-11   3,352 3,295     57  
    ISHARES TR 2011-10 PURCHASE 2011-11   3,317 3,315     2  
    ISHARES TR 2011-12 PURCHASE 2011-12   3,661 3,645     16  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-10   1,453 1,703     -250  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-10   2,910 2,915     -5  
    ISHARES TR 2011-10 PURCHASE 2011-12   3,727 3,712     15  
    ISHARES TR 2011-08 PURCHASE 2011-11   3,721 3,730     -9  
    ISHARES TR 2011-10 PURCHASE 2011-11   4,162 4,172     -10  
    ISHARES TR 2011-10 PURCHASE 2011-11   4,288 4,296     -8  
    SPDR SERIES TRUST 2011-07 PURCHASE 2011-09   1,904 2,165     -261  
    ISHARES TR 2011-11 PURCHASE 2011-11   4,516 4,568     -52  
    ISHARES TR 2011-08 PURCHASE 2011-09   4,561 4,517     44  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-12   3,576 3,581     -5  
    ISHARES TR 2011-11 PURCHASE 2011-11   4,605 4,648     -43  
    ISHARES TR 2011-08 PURCHASE 2011-09   4,610 4,668     -58  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-08 PURCHASE 2011-09   1,628 1,669     -41  
    ISHARES TR 2011-09 PURCHASE 2011-09   4,673 4,782     -109  
    ISHARES TR 2011-09 PURCHASE 2011-09   4,810 4,790     20  
    ISHARES TR 2011-08 PURCHASE 2011-10   4,793 4,796     -3  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-08   2,183 2,489     -306  
    SPDR SERIES TRUST 2011-08 PURCHASE 2011-09   2,158 2,311     -153  
    ISHARES TR 2011-08 PURCHASE 2011-09   4,987 5,121     -134  
    ISHARES TR 2011-08 PURCHASE 2011-09   5,247 5,237     10  
    ISHARES TR 2011-08 PURCHASE 2011-09   5,225 5,191     34  
    ISHARES TR 2011-08 PURCHASE 2011-09   5,301 5,245     56  
    ISHARES TR 2011-10 PURCHASE 2011-11   5,409 5,399     10  
    ISHARES TR 2011-10 PURCHASE 2011-11   5,467 5,531     -64  
    ISHARES TR 2011-05 PURCHASE 2011-11   5,565 5,572     -7  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-12   2,455 2,713     -258  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-10 PURCHASE 2011-11   2,129 2,178     -49  
    ISHARES TR 2011-07 PURCHASE 2011-07   6,352 6,374     -22  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-10   2,507 2,971     -464  
    ISHARES TR 2011-05 PURCHASE 2011-07   6,602 6,595     7  
    ISHARES TR 2011-08 PURCHASE 2011-08   6,743 6,697     46  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-11   860 877     -17  
    ISHARES TR 2011-08 PURCHASE 2011-08   6,984 6,932     52  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-11   3,076 3,238     -162  
    ISHARES TR 2011-05 PURCHASE 2011-06   6,893 6,896     -3  
    ISHARES TR 2011-05 PURCHASE 2011-06   7,084 7,066     18  
    ISHARES TR 2011-07 PURCHASE 2011-07   7,338 7,307     31  
    ISHARES TR 2011-07 PURCHASE 2011-07   7,228 7,226     2  
    SPDR SERIES TRUST 2011-10 PURCHASE 2011-11   3,659 3,666     -7  
    SPDR SERIES TRUST 2011-12 PURCHASE 2011-12   3,746 3,823     -77  
    SPDR SERIES TRUST 2011-10 PURCHASE 2011-11   3,860 3,954     -94  
    SPDR INDEX SHS FDS 2011-07 PURCHASE 2011-09   3,682 4,345     -663  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-07 PURCHASE 2011-09   2,791 3,004     -213  
    SPDR SERIES TRUST 2011-07 PURCHASE 2011-08   3,707 4,157     -450  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-09   3,390 3,907     -517  
    POWERSHARES GLOBAL ETF TRUST 2011-09 PURCHASE 2011-12   1,072 1,087     -15  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-11   3,580 3,941     -361  
    SPDR SERIES TRUST 2011-08 PURCHASE 2011-10   3,686 3,950     -264  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-07 PURCHASE 2011-08   3,113 3,305     -192  
    SPDR INDEX SHS FDS 2011-10 PURCHASE 2011-11   3,959 4,263     -304  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-08   3,170 3,397     -227  
    SPDR SERIES TRUST 2011-11 PURCHASE 2011-11   4,578 4,640     -62  
    ISHARES TR 2011-05 PURCHASE 2011-05   9,472 9,458     14  
    ISHARES TR 2011-05 PURCHASE 2011-05   9,305 9,298     7  
    SPDR INDEX SHS FDS 2011-07 PURCHASE 2011-09   4,181 4,987     -806  
    SPDR SERIES TRUST 2011-07 PURCHASE 2011-09   4,483 4,824     -341  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-10 PURCHASE 2011-11   3,423 3,471     -48  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-08 PURCHASE 2011-09   3,362 3,446     -84  
    SPDR SERIES TRUST 2011-07 PURCHASE 2011-09   4,513 4,921     -408  
    SPDR INDEX SHS FDS 2011-07 PURCHASE 2011-08   4,463 5,367     -904  
    SPDR SERIES TRUST 2011-10 PURCHASE 2011-11   4,691 4,612     79  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-08 PURCHASE 2011-12   3,472 3,459     13  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-08 PURCHASE 2011-10   3,195 3,538     -343  
    SPDR SERIES TRUST 2011-09 PURCHASE 2011-09   4,449 4,767     -318  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-11 PURCHASE 2011-11   3,563 3,619     -56  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-05 PURCHASE 2011-07   8,033 8,017     16  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-11   1,317 1,335     -18  
    SPDR SERIES TRUST 2011-08 PURCHASE 2011-09   4,670 5,000     -330  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-09 PURCHASE 2011-11   3,653 3,742     -89  
    SPDR SERIES TRUST 2011-10 PURCHASE 2011-11   5,330 5,538     -208  
    SPDR INDEX SHS FDS 2011-10 PURCHASE 2011-11   4,930 5,344     -414  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-10 PURCHASE 2011-11   4,041 4,163     -122  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-07 PURCHASE 2011-09   4,253 4,512     -259  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-12   9,550 9,566     -16  
    SPDR INDEX SHS FDS 2011-05 PURCHASE 2011-07   6,306 6,970     -664  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-11   5,548 5,913     -365  
    SPDR INDEX SHS FDS 2011-05 PURCHASE 2011-06   6,807 7,205     -398  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-07 PURCHASE 2011-09   4,486 4,776     -290  
    SPDR INDEX SHS FDS 2011-05 PURCHASE 2011-07   6,819 7,442     -623  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-07   6,618 6,824     -206  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-08   10,500 10,499     1  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-06   6,837 7,182     -345  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-07   6,904 7,228     -324  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-05 PURCHASE 2011-07   11,506 11,508     -2  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-09   1,867 1,952     -85  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-10 PURCHASE 2011-11   5,321 5,449     -128  
    SPDR INDEX SHS FDS 2011-08 PURCHASE 2011-09   6,152 7,196     -1,044  
    ISHARES TR 2011-05 PURCHASE 2011-08   15,654 15,384     270  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-07   6,285 6,398     -113  
    SPDR INDEX SHS FDS 2011-05 PURCHASE 2011-05   9,680 9,867     -187  
    ISHARES TR 2011-05 PURCHASE 2011-08   17,620 17,283     337  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-06   6,548 6,743     -195  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-08 PURCHASE 2011-09   6,197 6,361     -164  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-07   7,114 7,211     -97  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-05   9,718 9,817     -99  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-12   2,493 2,534     -41  
    ISHARES TR 2011-05 PURCHASE 2011-08   19,795 19,930     -135  
    ISHARES TR 2011-05 PURCHASE 2011-08   20,004 19,805     199  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-08   2,728 2,868     -140  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-09   2,779 2,950     -171  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-11   3,069 3,089     -20  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-05   9,112 9,127     -15  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-12   19,706 19,739     -33  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-09   3,259 3,369     -110  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-08   3,583 3,786     -203  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-10   22,134 22,197     -63  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-12   22,508 22,551     -43  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-10   24,872 24,930     -58  
    SPDR INDEX SHS FDS 2011-05 PURCHASE 2011-08   15,509 18,821     -3,312  
    POWERSHARES GLOBAL ETF TRUST 2011-10 PURCHASE 2011-11   4,297 4,374     -77  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-11   27,413 27,442     -29  
    SPDR INDEX SHS FDS 2011-05 PURCHASE 2011-08   15,793 20,036     -4,243  
    POWERSHARES GLOBAL ETF TRUST 2011-11 PURCHASE 2011-11   4,528 4,604     -76  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-08   16,102 18,275     -2,173  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-11   4,512 4,591     -79  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-10   4,422 4,713     -291  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-10   28,725 28,804     -79  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-09   28,864 28,881     -17  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-09   4,703 4,893     -190  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-08   16,640 19,575     -2,935  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-09 PURCHASE 2011-10   31,036 31,106     -70  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-10   31,049 31,129     -80  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-09   5,319 5,455     -136  
    POWERSHARES GLOBAL ETF TRUST 2011-10 PURCHASE 2011-11   5,236 5,339     -103  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-08   16,803 17,896     -1,093  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-07   6,309 6,431     -122  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-08   37,714 37,669     45  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-09   6,123 6,395     -272  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-08   38,525 38,520     5  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-07 PURCHASE 2011-07   38,684 38,717     -33  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-06   6,765 6,850     -85  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-08   17,558 19,309     -1,751  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-06 PURCHASE 2011-07   40,832 40,919     -87  
    ISHARES BARCLAYS 1-3 YEAR TREASURY B 2011-08 PURCHASE 2011-08   42,009 42,014     -5  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-07   7,040 7,200     -160  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-05   9,269 9,300     -31  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-08   17,109 18,275     -1,166  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-08   17,499 19,111     -1,612  
    INTERNATIONAL BUSINESS MACHS 2011-09 PURCHASE 2011-10   6 5     1  
    INTERNATIONAL BUSINESS MACHS 2011-08 PURCHASE 2011-09   5 6     -1  
    BHP BILLITON LTD 2011-09 PURCHASE 2011-09   3 4     -1  
    ISHARES TR 2011-09 PURCHASE 2011-09   3 3        
    BHP BILLITON LTD 2011-08 PURCHASE 2011-09   4 5     -1  
    ISHARES TR 2011-08 PURCHASE 2011-09   3 3        
    COMPUTER PROGRAMS & SYS INC 2011-09 PURCHASE 2011-11   3 5     -2  
    COMPUTER PROGRAMS & SYS INC 2011-08 PURCHASE 2011-11   4 6     -2  
    MCDONALDS CORP 2011-09 PURCHASE 2011-09   9 9        
    MCDONALDS CORP 2011-08 PURCHASE 2011-09   9 9        
    VORNADO RLTY TR 2011-10 PURCHASE 2011-12   10 10        
    VORNADO RLTY TR 2011-09 PURCHASE 2011-12   10 12     -2  
    COMPUTER PROGRAMS & SYS INC 2011-10 PURCHASE 2011-11   7 10     -3  
    VORNADO RLTY TR 2011-08 PURCHASE 2011-12   13 14     -1  
    ISHARES TR 2011-10 PURCHASE 2011-10   13 12     1  
    ISHARES TR 2011-12 PURCHASE 2011-12   13 13        
    ISHARES TR 2011-07 PURCHASE 2011-11   31 31        
    SEADRILL LIMITED 2011-09 PURCHASE 2011-12   10 9     1  
    ISHARES TR 2011-07 PURCHASE 2011-11   29 31     -2  
    SEAGATE TECHNOLOGY HOLDINGS 2011-09 PURCHASE 2011-10   5 4     1  
    SEAGATE TECHNOLOGY HOLDINGS 2011-08 PURCHASE 2011-10   5 4     1  
    SEADRILL LIMITED 2011-08 PURCHASE 2011-12   12 11     1  
    ANNALY CAPITAL MANAGEMENT INC 2011-09 PURCHASE 2011-09   6 6        
    ANNALY CAPITAL MANAGEMENT INC 2011-08 PURCHASE 2011-09   6 6        
    VANGUARD SHORT TERM CORP BOND ETF 2011-07 PURCHASE 2011-11   39 39        
    SEADRILL LIMITED 2011-10 PURCHASE 2011-12   19 16     3  
    WISDOMTREE TR 2011-07 PURCHASE 2011-11   30 32     -2  
    ISHARES TR 2011-07 PURCHASE 2011-11   78 78        
    ISHARES TR 2011-05 PURCHASE 2011-11   40 41     -1  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-11   25 24     1  
    INTERNATIONAL BUSINESS MACHS 2011-05 PURCHASE 2011-10   197 181     16  
    ISHARES IBOXX INVESTOP 2011-07 PURCHASE 2011-11   120 117     3  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-07 PURCHASE 2011-11   41 44     -3  
    POWERSHARES GLOBAL ETF TRUST 2011-07 PURCHASE 2011-11   30 31     -1  
    ISHARES TR 2011-05 PURCHASE 2011-10   100 103     -3  
    ISHARES TR 2011-08 PURCHASE 2011-12   142 134     8  
    GRAINGER W W INC 2011-08 PURCHASE 2011-10   552 414     138  
    ISHARES BARCLAYS AGGREGATE BOND FD 2011-07 PURCHASE 2011-11   361 351     10  
    ISHARES TR 2011-10 PURCHASE 2011-11   192 193     -1  
    INTERNATIONAL BUSINESS MACHS 2011-08 PURCHASE 2011-10   757 686     71  
    ISHARES TR 2011-05 PURCHASE 2011-06   283 294     -11  
    INTERNATIONAL BUSINESS MACHS 2011-05 PURCHASE 2011-09   924 943     -19  
    INTERNATIONAL BUSINESS MACHS 2011-05 PURCHASE 2011-07   982 957     25  
    ISHARES TR 2011-05 PURCHASE 2011-08   278 324     -46  
    ISHARES TR 2011-08 PURCHASE 2011-11   197 205     -8  
    VORNADO RLTY TR 2011-05 PURCHASE 2011-12   469 622     -153  
    ISHARES TR 2011-10 PURCHASE 2011-11   355 359     -4  
    MCDONALDS CORP 2011-05 PURCHASE 2011-09   582 562     20  
    BHP BILLITON LTD 2011-08 PURCHASE 2011-09   469 570     -101  
    ISHARES TR 2011-05 PURCHASE 2011-08   354 391     -37  
    ISHARES TR 2011-08 PURCHASE 2011-09   395 384     11  
    ISHARES TR 2011-05 PURCHASE 2011-08   415 471     -56  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-06   532 553     -21  
    ISHARES TR 2011-08 PURCHASE 2011-11   552 535     17  
    ISHARES TR 2011-05 PURCHASE 2011-06   567 580     -13  
    ISHARES TR 2011-05 PURCHASE 2011-06   568 592     -24  
    ISHARES TR 2011-09 PURCHASE 2011-11   345 345        
    COMPUTER PROGRAMS & SYS INC 2011-08 PURCHASE 2011-11   512 772     -260  
    BHP BILLITON LTD 2011-05 PURCHASE 2011-09   792 1,120     -328  
    POWERSHARES INTL DIVIDEND ACHIEVERS 2011-08 PURCHASE 2011-11   187 189     -2  
    MCDONALDS CORP 2011-08 PURCHASE 2011-09   1,097 1,131     -34  
    ISHARES TR 2011-05 PURCHASE 2011-09   676 726     -50  
    ISHARES TR 2011-05 PURCHASE 2011-11   731 753     -22  
    ISHARES TR 2011-07 PURCHASE 2011-11   427 498     -71  
    ISHARES TR 2011-10 PURCHASE 2011-12   804 747     57  
    ONEOK INC NEW 2011-05 PURCHASE 2011-08   1,078 1,043     35  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-07   869 871     -2  
    ISHARES TR 2011-05 PURCHASE 2011-10   847 957     -110  
    COMPUTER PROGRAMS & SYS INC 2011-05 PURCHASE 2011-11   868 1,214     -346  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-08   1,018 1,164     -146  
    VORNADO RLTY TR 2011-08 PURCHASE 2011-12   1,540 1,783     -243  
    POWERSHARES INTL DIVIDEND ACHIEVERS 2011-09 PURCHASE 2011-11   325 316     9  
    ISHARES TR 2011-09 PURCHASE 2011-10   1,211 1,116     95  
    ISHARES TR 2011-09 PURCHASE 2011-09   1,195 1,148     47  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-12   1,297 1,357     -60  
    ISHARES TR 2011-08 PURCHASE 2011-11   2,707 2,736     -29  
    ISHARES TR 2011-05 PURCHASE 2011-07   1,343 1,366     -23  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-09   1,247 1,410     -163  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-11   1,399 1,463     -64  
    ISHARES TR 2011-11 PURCHASE 2011-11   1,328 1,348     -20  
    KINDER MORGAN MANAGEMENT LLC 2011-05 PURCHASE 2011-07   1,714 1,701     13  
    POWERSHARES INTL DIVIDEND ACHIEVERS 2011-07 PURCHASE 2011-11   405 447     -42  
    SPDR SERIES TRUST 2011-05 PURCHASE 2011-10   1,379 1,518     -139  
    ISHARES TR 2011-05 PURCHASE 2011-07   1,522 1,524     -2  
    ISHARES TR 2011-08 PURCHASE 2011-11   2,506 2,465     41  
    VORNADO RLTY TR 2011-05 PURCHASE 2011-09   2,321 2,840     -519  
    SEADRILL LIMITED 2011-05 PURCHASE 2011-12   997 1,013     -16  
    ISHARES TR 2011-10 PURCHASE 2011-11   1,005 967     38  
    ISHARES TR 2011-05 PURCHASE 2011-07   2,215 2,248     -33  
    SEAGATE TECHNOLOGY HOLDINGS 2011-08 PURCHASE 2011-10   656 497     159  
    VANGUARD SHORT TERM CORP BOND ETF 2011-08 PURCHASE 2011-11   3,314 3,337     -23  
    SEADRILL LIMITED 2011-08 PURCHASE 2011-12   1,450 1,318     132  
    SEADRILL LIMITED 2011-05 PURCHASE 2011-12   1,410 1,477     -67  
    ANNALY CAPITAL MANAGEMENT INC 2011-08 PURCHASE 2011-09   788 804     -16  
    WISDOMTREE TR 2011-08 PURCHASE 2011-11   2,562 2,722     -160  
    ISHARES TR 2011-05 PURCHASE 2011-11   6,341 6,284     57  
    ISHARES TR 2011-08 PURCHASE 2011-11   6,731 6,761     -30  
    NYSE EURONEXT 2011-05 PURCHASE 2011-05   2,247 2,326     -79  
    POWERSHARES INTL DIVIDEND ACHIEVERS 2011-10 PURCHASE 2011-11   952 903     49  
    ISHARES TR 2011-05 PURCHASE 2011-11   5,887 6,237     -350  
    SEAGATE TECHNOLOGY HOLDINGS 2011-07 PURCHASE 2011-10   1,072 1,163     -91  
    ANNALY CAPITAL MANAGEMENT INC 2011-05 PURCHASE 2011-09   1,279 1,289     -10  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-11   2,130 2,099     31  
    ISHARES IBOXX INVESTOP 2011-08 PURCHASE 2011-11   10,376 10,260     116  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-08 PURCHASE 2011-11   3,566 3,546     20  
    VANGUARD SHORT TERM CORP BOND ETF 2011-05 PURCHASE 2011-11   7,803 7,828     -25  
    WISDOMTREE TR 2011-05 PURCHASE 2011-11   6,012 6,311     -299  
    POWERSHARES GLOBAL ETF TRUST 2011-08 PURCHASE 2011-11   2,595 2,557     38  
    ISHARES TR 2011-05 PURCHASE 2011-11   15,804 15,750     54  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-11   4,999 4,878     121  
    ISHARES IBOXX INVESTOP 2011-05 PURCHASE 2011-11   24,354 23,798     556  
    SPDR BARCLAYS CAPITAL HY BD ETF 2011-05 PURCHASE 2011-11   8,375 8,962     -587  
    ISHARES BARCLAYS AGGREGATE BOND FD 2011-08 PURCHASE 2011-11   31,203 31,057     146  
    POWERSHARES GLOBAL ETF TRUST 2011-05 PURCHASE 2011-11   6,093 6,243     -150  
    ISHARES BARCLAYS AGGREGATE BOND FD 2011-05 PURCHASE 2011-11   73,167 71,189     1,978  
    ISHARES TR 2011-08 PURCHASE 2011-11   22,147 22,898     -751  
    ISHARES TR 2011-05 PURCHASE 2011-11   35,655 42,493     -6,838  
    POWERSHARES INTL DIVIDEND ACHIEVERS 2011-08 PURCHASE 2011-11   20,962 20,826     136  
    POWERSHARES INTL DIVIDEND ACHIEVERS 2011-05 PURCHASE 2011-11   33,834 37,433     -3,599  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,946 2,320     -374  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,950 2,320     -370  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,033 1,230     -197  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,950 2,320     -370  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,950 2,320     -370  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,950 2,320     -370  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,950 2,320     -370  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,950 2,320     -370  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,950 2,320     -370  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   38,178 45,426     -7,248  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   9,744 11,600     -1,856  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,949 2,320     -371  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,949 2,320     -371  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,948 2,320     -372  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,948 2,320     -372  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,948 2,320     -372  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   3,896 4,640     -744  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,948 2,320     -372  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,948 2,320     -372  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,947 2,320     -373  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   1,947 2,320     -373  
    PIEDMONT OFFICE RLTY TR INC COM CL A 2010-01 PURCHASE 2011-02   5,189 6,182     -993  

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A/C 109732 - EQUITIES (STMT) 596,276 666,971
    A/C RA8986300F - EQUITIES (STMT) 714,131 717,749
    A/C RA89855003 - EQUITIES (STMT) 741,616 754,925
    PIMCO TOTAL RETURN FUND (10656)    
    PRINCIPAL HIGH YIELD II FUND (10656)    

    TY 2011 InvestmentsOtherSchedule2
    Name:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INLAND WESTERN REIT AT COST 538,275 380,434
    INLAND AMERICAN REIT AT COST 406,966 315,528
    PIEDMONT OFFICE RLTY REIT (577341) AT COST    
    FARMLAND PARTNERS IV LLC 27-2122222 AT COST 931,620 1,433,600

    TY 2011 OtherExpensesSchedule
    Name:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE SUPPLIES 1,047     1,047
    INVESTMENT MANAGEMENT FEES 16,393 16,393    


    TY 2011 OtherIncomeSchedule2
    Name:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FARMLAND PARTNERS 27-2122222 5,059 5,059 5,059


    TY 2011 TaxesSchedule
    Name:
    EDGAR & FRANCES REYNOLDS
    FOUNDATION INC
    EIN: 47-0589941
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER TAXES 58      
    EXCISE TAXES LESS REFUND 2,300 2,300    
    EXCISE TAX ESTIMATES FOR 2011 2,360 2,360