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
THE WILLARD G PIERCE AND JESSIE M
PIERCE FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)701 W CLOVERDALE ROAD   Room/suite
City or town, state, and ZIP code
HASTINGS, MI49058
A Employer identification number

38-2820095
B Telephone number (see page 10 of the instructions)

(269) 721-4190
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$28,006,666J 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) 1,086,260
2 Check bullet
3 Interest on savings and temporary cash investments 246 246 246
4 Dividends and interest from securities...... 524,923 524,923 524,923
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 -75,940
b Gross sales price for all assets on line 6a 6,615,614
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain......... 157,693
9 Income modifications...........  
10a Gross sales less returns and allowances 9,653
b Less: Cost of goods sold.... 6,033
c Gross profit or (loss) (attach schedule)..... Click to see attachment 3,620 3,620
11 Other income (attach schedule)....... Click to see attachment 117,451   117,451
12 Total. Add lines 1 through 11........ 1,656,560 525,169 803,933
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 106,659 12,638 12,638 94,021
14 Other employee salaries and wages...... 335,250 18,202 31,200 272,519
15 Pension plans, employee benefits....... 56,619 2,588 5,962 50,887
16a Legal fees (attach schedule)......... Click to see attachment 665 27   638
b Accounting fees (attach schedule)....... Click to see attachment 15,042 602   14,440
c Other professional fees (attach schedule)....        
17 Interest............... 20,476 819   19,657
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 16,842 16,842    
19 Depreciation (attach schedule) and depletion... Click to see attachment 194,240 7,770 40,790
20 Occupancy.............. 41,572 1,663 3,409 37,240
21 Travel, conferences, and meetings....... 8,448 338 1,774 6,336
22 Printing and publications.......... 7,976   1,954 6,022
23 Other expenses (attach schedule)....... Click to see attachment 492,660 104,746 57,586 331,427
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,296,449 166,235 155,313 833,187
25 Contributions, gifts, grants paid........ 24,820 24,820
26 Total expenses and disbursements. Add lines 24 and 25 1,321,269 166,235 155,313 858,007
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 335,291
b Net investment income (if negative, enter -0-) 358,934
c Adjusted net income (if negative, enter -0-)... 648,620
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............... 65,264 300 300
2 Savings and temporary cash investments.......... 122,995 306,478 306,478
3 Accounts receivable bullet1,182
Less: allowance for doubtful accounts bullet   1,250 1,182 1,182
4 Pledges receivable bullet486,087
Less: allowance for doubtful accounts bullet   562,940 486,087 486,087
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............... 4,430 4,412 4,412
9 Prepaid expenses and deferred charges........... 35,908 38,506 38,506
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 11,143,680 Click to see attachment11,823,371 11,823,371
c Investments—corporate bonds (attach schedule)........ 3,578,464 Click to see attachment4,233,286 4,233,286
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 4,649,067 Click to see attachment3,130,967 3,130,967
14 Land, buildings, and equipment: basis bullet7,802,061
Less: accumulated depreciation (attach schedule) bullet2,352,522 5,621,218 Click to see attachment5,449,539 7,802,061
15 Other assets (describe bullet) Click to see attachment257,449 Click to see attachment180,016 Click to see attachment180,016
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,042,665 25,654,144 28,006,666
Liabilities 17 Accounts payable and accrued expenses.......... 28,580 19,873
18 Grants payable................... 100,000  
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,490,000 Click to see attachment4,304,381
23 Total liabilities (add lines 17 through 22).......... 4,618,580 4,324,254
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 20,912,969 20,829,205
25 Temporarily restricted................ 11,116 685
26 Permanently restricted................ 500,000 500,000
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    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 21,424,085 21,329,890
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 26,042,665 25,654,144
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 21,424,085
2 Enter amount from Part I, line 27a..................... 2 335,291
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 21,759,376
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 429,486
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 21,329,890
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 SMITH BARNEY - ATTACHED SCHEDULE P 2011-01-01 2011-12-31
b SMITH BARNEY - ATTACHED SCHEDULE P 2009-12-31 2011-12-31
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 3,495,371   3,337,678 157,693
b 3,118,876   3,353,684 -234,808
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       157,693
b       -234,808
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 -75,748
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 3 157,693
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 845,973 18,435,082 0.045889
2009 910,312 16,854,763 0.054009
2008 943,811 21,425,179 0.044051
2007 966,238 26,680,050 0.036216
2006 882,741 25,825,876 0.034180
2 Total of line 1, column (d) ...................... 2 0.214345
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 0.042869
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 19,901,152
5 Multiply line 4 by line 3....................... 5 853,142
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,589
7 Add lines 5 and 6......................... 7 856,731
8 Enter qualifying distributions from Part XII, line 4.............. 8 877,758
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 3,589
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 3,589
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 3,589
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 15,180
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 15,180
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 11,591
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet11,591 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
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
 
 
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)bulletMI
    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
    Yes
     
    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 addressbulletWWW.CEDARCREEKINSTITUTE.ORG
    14
    The books are in care ofbulletMICHELLE SKEDGELL Telephone no.bullet (269) 721-4470
    Located atbullet701 W CLOVERDALE RDHASTINGSMI ZIP+4bullet49058
    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
     
    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
     
     
    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
    WILLARD L PIERCEClick to see attachment TRUSTEE
    1.00     		3,250 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    CARL SCHOESSELClick to see attachment PRESIDENT
    4.00     		3,900 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    HILARY F SNELLClick to see attachment TRUSTEE
    1.00     		2,600 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49501
    MICHELLE SKEDGELLClick to see attachment EXECUTIVE DI
    40.00     		88,459 5,628 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    JAMES R TOBURENClick to see attachment TREASURER
    4.00     		3,250 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    JEFF GARRISONClick to see attachment VICE PRESIDE
    4.00     		2,600 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    RICHARD SATTERLEEClick to see attachment TRUSTEE
    1.00     		2,600 0 0
    701 W CLOVERDALE RD
    HASTINGS,MI49058
    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 BIOLOGICAL FIELD STATION PROGRAMS - TWELVE UNDERGRADUATE RESEARCH PROJECTS, INVOLVING 20 STUDENTS WERE FUNDED THROUGH THE INSTITUTE'S UNDERGRADUATE RESEARCH GRANTS FOR THE ENVIRONMENT (URGE) PROGRAM, THE GORDON ART FELLOWSHIP, AND THE NATURE IN WORDS FELLOWSHIP IN 2011. STUDENTS AND FACULTY MENTORS CONDUCTED SUMMER RESEARCH PROJECTS RANGING FROM STUDIES OF SOUTHERN FLYING SQUIRRELS AND AUTUMN OLIVE, TO LOOK AT THE NATURAL WORLD THROUGH THE EYES OF AN ARTIST AND WRITER. EDUCATIONAL INSTITUTIONS SUCH AS GRAND RAPIDS COMMUNITY COLLEGE, KALAMAZOO COLLEGE, WESTERN MICHIGAN UNIVERSITY, AND ALBION COLLEGE BROUGHT STUDENTS TO THE INSTITUTE FOR FIELD STUDIES IN CONJUNCTION WITH COURSES THEY OFFERED. 441,589
    2 COMMUNITY ENVIRONMENTAL EDUCATION PROGRAMS - COURSES, PROGRAMS, HIKES AND CONFERENCES WERE PRESENTED FOR THE COMMUNITY TO TEACH A VARIETY OF ENVIRONMENTAL TOPICS. COMMUNITY PROGRAMS RANGED FROM PHOTOVOLTAIC WORKSHOPS TO A BIRDS OF PREY PROGRAM. WILDFLOWER HIKES, SNOWSHOE HIKES AND WINTER TREE IDENTIFICATION HIKES WERE OFFERED. IN MARCH, THE INSTITUTE PRESENTED THE SUSTAINABILITY CONFERENCE THAT WAS ATTENDED BY 150 PEOPLE FROM MICHIGAN AND SURROUNDING STATES. IN 2011, OVER 60 PROGRAMS BROUGHT IN APPROXIMATELY 3,000 PARTICIPANTS TO THESE TYPES OF OFFERINGS. THE PUBLIC IS ALSO WELCOME TO HIKE THE INSTITUTE'S 7 MILES OF TRAILS ON ITS 661 ACRES DAILY AT NO COST. 291,615
    3 SCHOOL & GROUP PROGRAMS - BOTH ON-SITE AND OFF-SITE PROGRAMS PROVIDED A VARIETY OF ENVIRONMENTAL EDUCATION PROGRAMS TO AREA PRE K-12 STUDENTS. PROGRAMS SUCH AS GREEN CLEANING ESSENTIALS FOR MOTHERS OF PRESCHOOLERS TO COMPOSTING, BACKYARD CHICKENS AND A SUMMER NO FAMILY LEFT INDOORS SERIES WERE OFFERED. PROGRAMS WERE ALSO OFFERED TO SOCIAL AND LIFE-LONG LEARNING GROUPS BRINGING IN COUPLES AND RETIREES TO LEARN ABOUT HUMMINGBIRDS, THE HISTORY OF MICHIGAN FORESTS, AND GLACIAL FORMATIONS, TO NAME A FEW. 58,323
    4 PROFESSIONAL EDUCATION - PIERCE CEDAR CREEK INSTITUTE OFFERED ECOLOGICAL EDUCATION SEMINARS TO THE PUBLIC, PROFESSIONALS AND EDUCATORS. VARIOUS ORGANIZATIONS SUCH AS THE DEPARTMENT OF NATURAL RESOURCE, BARRY CONSERVATION DISTRICT, AND THE SOUTHWEST MICHIGAN LAND CONSERVANCY HAD PROGRAMS ON SITE TO EXPAND ENVIRONMENTAL EDUCATION. 41,660
    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
    19,463,744
    b
    Average of monthly cash balances.......................
    1b
    628,401
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    112,070
    d
    Total (add lines 1a, b, and c).........................
    1d
    20,204,215
    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
    20,204,215
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    303,063
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,901,152
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    995,058
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
     
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    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
     
    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
    858,007
    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
    19,751
    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
    877,758
    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
    3,589
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    874,169
    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  
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    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$ 877,758
    a Applied to 2010, but not more than line 2a  
    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.....  
    e Remaining amount distributed out of corpus 877,758
    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 5 877,758
    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 ..........     		 
    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
    648,620 921,754 491,074 629,415 2,690,863
    b 85% of line 2a ......... 551,327 783,491 417,413 535,003 2,287,234
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		877,758 850,291 913,999 948,226 3,590,274
    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 ....     		877,758 850,291 913,999 948,226 3,590,274
    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...     		663,372 614,503 561,825 714,173 2,553,873
    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:
    PIERCE CEDAR CREEK INSTITUTE NO LONGER ACCEPTS APPLICATIONS FOR NEW GRANTS.
    cAny submission deadlines:
    NO SUBMISSIONS ARE ACCEPTED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO NEW FUNDING IS BEING CONSIDERED.
    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
    FIRST PRESBYTERIAN CHURCH
    405 NORTH M37 HIGHWAY
    HASTINGS,MI49058     		NONE EXEMPT GENERAL FUND 9,928
    LOVE INC
    305 S MICHIGAN AVE
    HASTINGS,MI49058     		NONE EXEMPT AID TO FAMILIES 4,964
    CHARLTON PARK VILLAGE FOU
    525 W APPLE ST
    HASTINGS,MI49058     		NONE EXEMPT GENERAL FUND 9,928
    Total .................................bullet 3a 24,820
    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
    aEDUCATION & COMMUNITY PROGRAM         13,172
    bBFS PROGRAM         18,000
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....         25,020
    3Interest on savings and temporary cash investments     14 246  
    4 Dividends and interest from securities....     14 524,923  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     14 -75,748 -192
    9 Net income or (loss) from special events:     3 30,602  
    10 Gross profit or (loss) from sales of inventory..     3 3,620  
    11 Other revenue: aMISCELLANEOUS INCOME     1 5,460  
    bFACILITY RENTAL     41 16,596  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   505,699 56,000
    13Total. Add line 12, columns (b), (d), and (e)..................
    13561,699
    (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.)
    1A THE INCOME REPRESENTS FEES FOR COMMUNITY ECOLOGY RELATED
    1B THE INCOME REPRESENTS PROGRAMS ON ECOLOGY RELATED SUBJECTS
    2 MEMBERSHIP FEES
    3 ACTIVITY FOR CONVENIENCE OF MEMBERS.
    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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    Employer identification number

    38-2820095
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    FLEXFAB HORIZONS INTERNATIONAL-FHI    
    102 COOK ROAD
       
    HASTINGS, MI   49058

    		$23,147




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    DECAMP FOUNDATION    
    3485 W M 179 HWY
       
    HASTINGS, MI   49058

    		$5,000




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    GARY PIERCE TRUST    
    787 W FIFTH ST
    28TH FLOOR  
    LOS ANGELES, CA   90071

    		$1,006,205




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    DIANE HERBRUCK    
    7185 30TH ST SE
       
    ADA, MI   49301

    		$10,000




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 940SH ISHARES RUS MIDCAP VALUE   $38,390 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 628SH ISHARES JP MORGAN EM   $68,917 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 921SH ISHARES RUS MIDCAP GROWTH   $48,288 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 370SH SPDR LEHMAN INTL TREASURY   $23,417 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 2790SH ISHARES RUS 1000 VALUE IN   $165,921 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 837SH VANGUARD BD INDEX FD INC   $69,530 2011-08-24
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 4828SH ISHARES RUS 1000 GROWTH   $264,043 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 2061SH VANGUARD MSCI EAFE ETF   $68,116 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 455SH ISHARES TR RUS 2000 VALUE   $28,010 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 4054SH VANGUARD MSCI EMERGING MK   $169,498 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
    3
    		 474 ISHARES TR RUS 2000 GROWTH   $37,351 2011-08-24
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION         		Employer identification number

    38-2820095
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2011 AccountingFeesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    WALKER, FLUKE & SHELDON, PLC 15,042 602   14,440

    TY 2011 CompensationExplanation
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Person Name Explanation
    WILLARD L PIERCE  
    CARL SCHOESSEL  
    HILARY F SNELL  
    MICHELLE SKEDGELL  
    JAMES R TOBUREN  
    JEFF GARRISON  
    RICHARD SATTERLEE  

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

    TY 2011 DepreciationSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    TELEPHONES 1998-11-16 555 555 S/L 10.0000        
    PRINTER 1999-12-23 400 400 S/L 5.0000        
    BATTS PROPERTY 1998-08-07 50,000 15,663 S/L 40.0000 1,250      
    ROLFE PROPERTY 1999-03-02 131,632 38,941 S/L 40.0000 3,291      
    EPSON PROJECTOR 1999-12-23 4,523 4,523 S/L 10.0000        
    CHAIN SAW 1999-04-19 371 371 S/L 10.0000        
    99 KAWASAKI MULE 1999-04-28 7,550 7,550 S/L 10.0000        
    DK FENCE-CEDAR 2000-12-29 298 149 S/L 20.0000 15      
    GLOBAL DOUBLE PEDESTAL DESK TAG N 2000-01-27 120 120 S/L 10.0000        
    STEELCASE DESK CHAIR-NUTSHELL TAG N 2000-01-27 286 286 S/L 10.0000        
    30 BROWN SAMSONITE STACKING CHAIR TAG N 2000-01-27 875 875 S/L 10.0000        
    4 DRAWER 25" DEEP LETTER FIRE FILE 2000-01-27 375 375 S/L 10.0000        
    BEDDING, ETC. 2000-05-15 4,099 1,776 S/L 10.0000        
    10 NAKED FURNITURE 4 DRAWER LEFT PED 4422W 2000-05-10 3,423 3,423 S/L 10.0000        
    NAKED FURNITURE BENCH 1979 2000-05-10 153 153 S/L 10.0000        
    2 RUSTIC SOFAS 791-2 2000-05-10 520 520 S/L 10.0000        
    COCKTAIL TABLE-JC PENNEY R794- 2000-05-25 170 170 S/L 10.0000        
    2 RUSTIC CHAIRS 791-2 2000-05-25 404 404 S/L 10.0000        
    AMANA REFRIGERATOR W/ICE MAKER BX21V 2000-06-06 929 929 S/L 10.0000        
    AMANA MICROWAVE MVH-2 2000-06-06 350 350 S/L 10.0000        
    HOTPOINT RANGE RGB53 2000-06-06 360 360 S/L 10.0000        
    HOTPOINT REFRIGERATOR W/ICEMAKER CTX18 2000-06-06 535 535 S/L 10.0000        
    RANDELL CHEF COUNTER W/SINKS & REFRIGERATION ITEM 2000-12-15 17,820 17,820 S/L 10.0000        
    RANDELL PORTABLE TABLE W/SNEEZE GUARD ITEM 2000-12-15 3,204 3,204 S/L 10.0000        
    RANDELL PORTABLE 4-HOLE HOT FOOD TABLE W/SHELITEM 2000-12-15 4,549 4,549 S/L 10.0000        
    RANDELL PORTABLE COLD FOOD TABLE W/SHELVES ITEM 2000-12-15 4,012 4,012 S/L 10.0000        
    RANDELL BEVERAGE COUNTER ITEM 2000-12-15 1,713 1,713 S/L 10.0000        
    REMINGTON DRESSER FARM 2000-05-05 278 278 S/L 10.0000        
    2 AMISH TABLES FARM 2000-05-05 292 292 S/L 10.0000        
    12 NATURAL CHAIRS FARM 2000-05-05 396 396 S/L 10.0000        
    3 TWIN XL BOX HAMPTON J-M61 2000-07-06 450 450 S/L 10.0000        
    3 TWIN XL MAT HAMPTON J-M61 2000-07-06 450 450 S/L 10.0000        
    3 TWIN/FULL FRAMES W/ ROLLERS FR-45 2000-07-06 120 120 S/L 10.0000        
    3 TWIN XL BOX HAMPTON J-M61 2000-07-11 450 450 S/L 10.0000        
    3 TWIN XL MAT HAMPTON J-M61 2000-07-11 450 450 S/L 10.0000        
    3 TWIN/FULL FRAMES W/ROLLERS FR-45 2000-07-11 120 120 S/L 10.0000        
    2 VECTA DOLLY-4 CASTERS 79335 2000-09-18 861 861 S/L 10.0000        
    4 LYON GENERAL PURPOSE STOOLS TAG F 2000-09-18 428 428 S/L 10.0000        
    24 GUEST CHAIRS-LEG BASE, NO ARMS, BLACK/AVOCTAG F 2000-09-18 2,928 2,928 S/L 10.0000        
    11 VECTA RECTANGLE TABLES-24X60 TAG F 2000-09-18 4,557 4,557 S/L 10.0000        
    LYON GENERAL PURPOSE STOOL-BLACK TAG F 2000-09-18 107 107 S/L 10.0000        
    RECTANGULAR TABLE-VINYL EDGE,30X70X28 TAG F 2000-09-18 343 343 S/L 10.0000        
    10 475 GUEST CHAIRS,OPN SMOOTH PLSTC ARM-BLACTAG F 2000-09-18 2,042 2,042 S/L 10.0000        
    MAYLINE 5-DRAWER FILE W/INTERLOCKING BASE TAG F 2000-09-18 1,141 1,141 S/L 10.0000        
    8 475 GUEST CHAIRS-NO ARMS-BLACK TAG F 2000-09-18 976 976 S/L 10.0000        
    4 458 WORK CHAIRS-SOFT ARM-BLACK TAG F 2000-09-18 1,691 1,691 S/L 10.0000        
    2 458 WORK CHAIRS-NO ARM-BLACK/AVOCADO TAG F 2000-09-18 827 827 S/L 10.0000        
    2 LYON GENERAL PURPOSE STOOLS-BLACK TAG F 2000-09-18 214 214 S/L 10.0000        
    5 LYON GENERAL PURPOSE STOOLS-BLACK TAG F 2000-09-18 535 535 S/L 10.0000        
    LYON GENERAL PURPLSE STOOLS-BLACK TAG F 2000-09-18 2,369 2,369 S/L 10.0000        
    36 CATENA CHAIRS-BLACK TAG F 2000-12-11 10,622 10,622 S/L 10.0000        
    STEELCASE DESK-SINGLE PED TAG F 2000-12-04 635 635 S/L 10.0000        
    458 WORK CHAIR, SOFT ARMS-COFFEE TAG F 2000-12-04 381 381 S/L 10.0000        
    STELLA W/QC SLIDER TAG F 2000-12-04 211 211 S/L 10.0000        
    7 DRY STORAGE SHELVING UNITS 2000-12-15 1,349 1,349 S/L 10.0000        
    5 STORAGE SHELVING UNITS, METRO SEAL FOR DOCK 2000-12-15 1,540 1,540 S/L 10.0000        
    5 COOLER SHELVING UNITS, METRO SEAL 2000-12-15 1,232 1,232 S/L 10.0000        
    2 METRO UTILITY CARTS 2000-12-15 213 213 S/L 10.0000        
    6 FREEZER SHELVING UNITS-METRO EPOXY COATED 2000-12-15 1,157 1,157 S/L 10.0000        
    DROP-IN HAND SINK 2000-12-15 107 107 S/L 10.0000        
    MANITOWAC ICE CUBER & BIN 2000-12-15 3,603 3,603 S/L 10.0000        
    T&S PRE-RINSE UNIT 2000-12-15 400 400 S/L 10.0000        
    HATCO BOOSTER HEATER 2000-12-15 934 934 S/L 10.0000        
    2 METRO DISH RACK DOLLY 2000-12-15 160 160 S/L 10.0000        
    BERKEL MIXER & STAND W/SLICER & MEAT GRINDER 2000-12-15 4,702 4,702 S/L 10.0000        
    DUO AIR MAKE UP AIR UNIT & EXHAUST HOOD 2000-12-15 18,879 18,879 S/L 10.0000        
    TRUE GDM GLASS REFRIGERATOR 2000-12-15 2,103 2,103 S/L 10.0000        
    SERVEND ICE DISPENSES W/WATER 2000-12-15 1,366 1,366 S/L 10.0000        
    2 METRO POKER CHIP DOLLY 2000-12-15 1,161 1,161 S/L 10.0000        
    PANASONIC MICROWAVE 2000-12-15 858 858 S/L 10.0000        
    KOLPAK WALK-IN COOLER/FREEZER W/REFRIGERATION 2000-12-15 13,436 13,436 S/L 10.0000        
    BERKEL AUTO SLICER 2000-12-15 2,150 2,150 S/L 10.0000        
    DISHWASHER EXHAUST HOOD & FAN 2000-12-15 1,676 1,676 S/L 10.0000        
    HOBART DOOR-TYPE DISH MACHINE 2000-12-15 6,412 6,412 S/L 10.0000        
    FLOOR GRATE 2000-12-15 229 229 S/L 10.0000        
    VULCAN STEAMER W/6 GALLON KETTLE 2000-12-15 13,773 13,773 S/L 10.0000        
    VULCAN DOUBLE DECK OVEN 2000-12-15 7,592 7,592 S/L 10.0000        
    VULCAN CHAR BOILER 2000-12-15 2,765 2,765 S/L 10.0000        
    VULCAN RANGE, 6 BURNER W/36" GRILL 2000-12-15 4,484 4,484 S/L 10.0000        
    METRO HEATED CABINET 2000-12-15 1,808 1,808 S/L 10.0000        
    STAINLESS STEEL SOILED DISH TABLE 2000-12-15 2,429 2,429 S/L 10.0000        
    STAINLESS STEEL CLEAN DISH TABLE 2000-12-15 2,682 2,682 S/L 10.0000        
    FIRE SUPPRESSION 2000-12-15 2,529 2,529 S/L 10.0000        
    A/V PRESENTATION SYSTEM 2000-12-22 54,105 54,105 S/L 10.0000        
    BAUSCH & LOMB STEREO MICROSCOPE W/BOOM STAND 798 2000-04-01 665 665 S/L 10.0000        
    COLE PALMER MASTER FLEX SAMPLING DRIVE 873 2000-05-31 895 895 S/L 10.0000        
    CURRENT METER, MODEL 6200 881 2000-06-20 749 749 S/L 10.0000        
    6' TOP SETTING WADING ROD 881 2000-06-20 418 418 S/L 10.0000        
    WATER METER LEVELOGGER L 15' 881 2000-06-20 949 949 S/L 10.0000        
    WEATHER MONITOR II, SOLAR PANEL 881 2000-06-20 959 959 S/L 10.0000        
    WEATHERLINK SOFTWARE PROGRAM 881 2000-06-20 165 165 S/L 5.0000        
    MYERS FISHERMAN 14' BOAT 916 2000-06-20 849 849 S/L 10.0000        
    TRIMBLE GEOEXPLORER 3 03300 2000-07-21 4,627 4,627 S/L 10.0000        
    ARCVIEW 3.2 PROGRAM-ESRI REDLANDS 2000-06-02 1,076 1,076 S/L 5.0000        
    COMMUNICATIONS PACKAGE-FORESTRY SUPPLIERS 2000-07-03 310 310 S/L 5.0000        
    SNOWBLOWER SB850 2000-12-13 1,100 1,100 S/L 10.0000        
    BATTS PROPERTY 1998-08-07 340,001              
    ROLFE PROPERTY 1999-03-02 39,000              
    HYLA HOUSE IMPROVEMENTS 2000-04-15 104,784 28,161 S/L 40.0000 2,619      
    RESEARCH LAB IMPROVEMENTS 2000-01-15 428,605 117,866 S/L 40.0000 10,715      
    RESIDENT MANAGER IMPROVEMENTS 2000-06-30 191,942 50,385 S/L 40.0000 4,798      
    FLAT SCREEN 2001-07-12 394 394 S/L 6.0000        
    LAP TOP COMPUTER 2001-07-16 693 693 S/L 6.0000        
    MITER SAW-COMPOUND 2001-10-22 599 549 S/L 10.0000 50      
    TABLE SAW 2001-10-22 469 430 S/L 10.0000 39      
    SCREEN TRIPOD ASSEMBLY 2001-10-16 258 237 S/L 10.0000 21      
    PORTABLE PA SYSTEM 2001-12-01 1,903 1,729 S/L 10.0000 174      
    GATE (2) 2001-05-01 2,015 1,948 S/L 10.0000 67      
    TRUCK AND PLOW 2001-05-29 29,102 29,102 S/L 5.0000        
    GOLF CART 2001-11-05 5,545 5,545 S/L 5.0000        
    SHELVING (11) 2001-05-08 2,631 2,543 S/L 10.0000 88      
    BLINDS (4) 2001-01-10 1,689 1,689 S/L 10.0000        
    DISPLAY CABINET (2) 2001-07-16 802 756 S/L 10.0000 46      
    TABLE, VECTA 2001-09-25 373 345 S/L 10.0000 28      
    GROUNDWATER SIMULATOR 2001-08-16 455 425 S/L 10.0000 30      
    12 MICROSCOPES 2001-07-30 8,274 7,791 S/L 10.0000 483      
    CUSTOM FRAMES (27) 2001-11-08 2,396 2,196 S/L 10.0000 200      
    STORAGE CABINETS (2) 2001-11-21 400 363 S/L 10.0000 37      
    COPY MACHINE 2001-12-07 3,200 2,907 S/L 10.0000 293      
    BRAUN BENCH W/BACK & ARMS 2001-01-31 749 742 S/L 10.0000 7      
    LATERAL FILE 2 DRAWER 2001-01-31 323 320 S/L 10.0000 3      
    STEELCASE 458 CHAIR 2001-01-31 444 440 S/L 10.0000 4      
    STEELCASE LOVE SEAT (5) 2001-01-31 7,896 7,830 S/L 10.0000 66      
    STEELCASE LOVE SEAT (5) 2001-01-31 7,816 7,751 S/L 10.0000 65      
    STEELCASE OTTOMAN (4) 2001-01-31 563 558 S/L 10.0000 5      
    STEELCASE OCCASIONAL CORNER TABLE (6) 2001-01-31 1,593 1,580 S/L 10.0000 13      
    STEELCASE CLUB CHAIR (8) 2001-01-31 9,923 9,840 S/L 10.0000 83      
    STEELCASE GUEST CHAIR (20) 2001-01-31 2,317 2,297 S/L 10.0000 20      
    STEELCASE GUEST CHAIR (180) 2001-01-31 26,707 26,484 S/L 10.0000 223      
    VECTA RECTANGULAR TABLE 24X60 (40) 2001-01-31 14,821 14,697 S/L 10.0000 124      
    VECTA DOLLY-4 CASTERS (6) 2001-01-31 2,451 2,430 S/L 10.0000 21      
    STEELCASE TRANSPORT DOLLY (2) 2001-01-31 174 172 S/L 10.0000 2      
    LYONMETA STOOL W/OUT BACK 2001-01-31 102 102 S/L 10.0000        
    BRAUN BENCH W/ NO BACK (3) 2001-01-31 1,257 1,246 S/L 10.0000 11      
    STELLA W/ QC SLIDER 2001-01-31 223 221 S/L 10.0000 2      
    STEELCASE DESK 2001-01-31 669 663 S/L 10.0000 6      
    STEELCASE LATERAL FILE (2) 2001-01-31 1,109 1,099 S/L 10.0000 10      
    STEELCASE 458 WORK CHAIR 2001-01-31 402 398 S/L 10.0000 4      
    STEELCASE DESK 2001-01-31 757 751 S/L 10.0000 6      
    STEELCASE ROUND TABLE 2001-01-31 240 238 S/L 10.0000 2      
    STEELCASE OPEN BOOKCASE-4 SHELF (2) 2001-01-31 482 478 S/L 10.0000 4      
    STEELCASE RECTANGULAR TABLE (6) 2001-01-31 1,886 1,870 S/L 10.0000 16      
    STEELCASE SQUARE TABLE (11) 2001-01-31 2,480 2,460 S/L 10.0000 20      
    STEELCASE 475 GUEST CHAIR (80) 2001-01-31 9,267 9,190 S/L 10.0000 77      
    STEELCASE SERVICE MODULE 2001-01-31 295 293 S/L 10.0000 2      
    STEELCASE LATERAL FILE 2001-01-31 554 550 S/L 10.0000 4      
    STEELCASE DESK 2001-01-31 715 709 S/L 10.0000 6      
    CATENA TABLES LANDSCAPE FORMS (9) 2001-01-31 5,694 5,647 S/L 10.0000 47      
    PETER PEPPER TRASH RECEPTACLES (2) 2001-01-31 847 840 S/L 10.0000 7      
    STEELCASE 462 ADJ CHAIR 2001-01-31 664 658 S/L 10.0000 6      
    STEELCASE 475 GUEST CHAIR (4) 2001-01-31 599 594 S/L 10.0000 5      
    DRIVEWAY-CLOVERDALE RD TO BREWSTER LK 2001-11-12 4,973 2,279 S/L 20.0000 249      
    DESKS, DRESSERS 2001-04-24 2,152 2,080 S/L 10.0000 72      
    DESKS, DRESSERS, ETC 2001-04-24 1,620 1,566 S/L 10.0000 54      
    4 BEDS COMPLETE 2001-04-24 1,620 1,566 S/L 10.0000 54      
    4 BEDS COMPLETE 2001-04-24 1,620 1,566 S/L 10.0000 54      
    SHELVING 2001-05-08 1,020 986 S/L 10.0000 34      
    PORTABLE POSTS 2001-09-10 568 530 S/L 10.0000 38      
    ALLTRONICS-INSTALLATION 2001-09-10 1,080 1,008 S/L 10.0000 72      
    REMINGTON CHEST 2001-12-31 594 535 S/L 10.0000 59      
    HOTPOINT REFRIGERATOR 2001-12-31 490 441 S/L 10.0000 49      
    FLOOR SIGNS 2001-12-31 702 632 S/L 10.0000 70      
    LECTURN 2001-12-31 580 522 S/L 10.0000 58      
    HP LASERJET 1100SE 2001-12-31 400 400 S/L 6.0000        
    MAIL/DROP BOXES 2001-12-31 1,105 995 S/L 10.0000 110      
    HP LASERJET 1100SE 2001-12-31 400 400 S/L 6.0000        
    COMPUTER-AUDITORIUM 2001-12-31 965 965 S/L 6.0000        
    VIKING-DISPLAYS 2001-12-31 750 675 S/L 10.0000 75      
    KINDERGARTEN CART 2001-12-31 415 374 S/L 10.0000 41      
    WELL MATERIALS FOR GVSU RESEARCHER 2001-08-06 971 914 S/L 10.0000 57      
    GIBSON FREEZER 2001-11-30 250 227 S/L 10.0000 23      
    PHONE SYSTEM-TONE COMMANDER 524 2001-11-12 1,991 1,825 S/L 10.0000 166      
    COLOR PRINTER 2001-12-31 673 673 S/L 6.0000        
    MOWER 2001-07-12 329 313 S/L 10.0000 16      
    VISITOR'S CENTER 2001-01-31 5,223,350 1,294,956 S/L 40.0000 130,583      
    FIRE PROTECTION 2001-07-12 3,395 806 S/L 40.0000 85      
    3 ACCESS DOORS & 3 HVAC FILTER RACKS 2001-09-05 1,251 292 S/L 40.0000 31      
    DECK MATERIALS 2001-09-10 224 52 S/L 40.0000 6      
    TECHNICAL ENERGY 2001-09-17 530 123 S/L 40.0000 13      
    TC30V4 TRACTOR W/LOADER & ROTARY CUTTER 2002-08-02 15,454 13,007 S/L 10.0000 1,546      
    CREDIT CARD MACHINE 2002-08-30 750 750 S/L 6.0000        
    OFFICE CUBICLE W/ 4 DRAWER LATERAL FILE EXCEL 2002-04-11 1,433 1,254 S/L 10.0000 143      
    3 ROOM DARKENING SHADES & 2 LG SHADES FOR CLA 2002-06-07 1,690 1,451 S/L 10.0000 169      
    PREMIER 4 LAMINATOR-110V 2002-02-15 1,944 1,733 S/L 10.0000 195      
    MEADOW LODGE 2002-01-01 242,839 54,639 S/L 40.0000 6,071      
    24 BUNK BEDS 2002-01-21 9,694 8,644 S/L 10.0000 969      
    BATTS COTTAGE IMPROVEMENTS 2002-01-01 11,300 2,542 S/L 40.0000 283      
    PORTABLE SLIDE PROJECTOR 2002-09-20 789 651 S/L 10.0000 79      
    USED BRISTOL MICROSCOPE 2002-11-06 1,014 828 S/L 10.0000 101      
    VIDEO FLEX CAMERA 2002-11-07 1,006 822 S/L 10.0000 101      
    RECYCLING BINS 2002-11-13 2,070 1,691 S/L 10.0000 207      
    MODEL DDHY HERBARIUM CABINETS 2002-10-09 1,830 1,510 S/L 10.0000 183      
    OFFICE FURNITURE 2002-12-13 1,232 996 S/L 10.0000 123      
    TERRAFLOW MODEL 2002-12-27 790 632 S/L 10.0000 79      
    SURGE SUPPRESSION UNIT 2002-12-19 1,783 357 S/L 40.0000 44      
    SURGE SUPPRESSION UNIT 2002-12-19 1,783 357 S/L 40.0000 44      
    SURGE SUPPRESSION UNIT 2002-12-19 1,783 357 S/L 40.0000 44      
    12 WRITER'S DESKS 2002-01-01 3,324 2,992 S/L 10.0000 332      
    12 REMINGTON DESKS 2002-01-01 3,803 3,423 S/L 10.0000 380      
    22 CHAIRS 2002-01-01 1,145 1,030 S/L 10.0000 115      
    12 SMALL MIRRORS WITH LIGHTS 2002-01-01 1,188 1,069 S/L 10.0000 119      
    SURGE SUPRESSION UNIT 2003-02-25 528 103 S/L 40.0000 14      
    BURPEE LAND 2003-07-22 103,421              
    HOURS OF OPERATION SIGN 2003-08-20 512 375 S/L 10.0000 52      
    DELL DESK TOP COMPUTER 2003-09-08 826 826 S/L 6.0000        
    DELL LAP TOP COMPUTER-MS OFFICE 2003-10-03 1,353 1,353 S/L 6.0000        
    BIRD OF PREY ENCLOSURE 2003-12-30 1,463 772 150DB 15.0000 86      
    GORHAM LAND 1998-10-29 112,000              
    1 DESK MOVED FROM CLINTON ST 2000-01-01 31 31 S/L 10.0000        
    SEWER SYSTEM AT BATTS COTTAGE 2004-04-09 3,000 1,013 S/L 20.0000 150      
    DESK TOP COMPUTER-JEN HOWELL 2004-04-30 606 404 S/L 10.0000 61      
    ALTERNATIVE SOLAR DEMONSTRATION PRODUCT 2004-05-11 8,691 5,794 S/L 10.0000 869      
    RE-SURFACE MAIN DRIVEWAY 2004-06-25 5,578 1,813 S/L 20.0000 279      
    DRIVEWAY ENTRANCE WORK 2004-08-02 5,800 1,861 S/L 20.0000 290      
    NEW GARAGE DOOR 2004-11-18 1,575 240 S/L 40.0000 39      
    MAINTENANCE AREA IN BARN 2004-06-01 1,503 495 S/L 20.0000 75      
    LOCK SYSTEM AT HYLA 2005-01-27 555 82 S/L 40.0000 14      
    WATER SOFTNER 2005-01-26 817 484 S/L 10.0000 81      
    WATER SOFTNER 2005-01-26 817 484 S/L 10.0000 81      
    WATER SOFTNER 2005-01-26 817 484 S/L 10.0000 81      
    WATER SOFTNER 2005-01-26 817 484 S/L 10.0000 81      
    BIOLOGICAL FIELD STATION RESEARCH EQUIPMENT 2005-03-24 3,398 1,954 S/L 10.0000 340      
    MOBILE MAPPER & POST PROCESSING PACKAGE 2005-04-12 8,325 4,787 S/L 10.0000 832      
    23 HP COMMERCIAL KOHLER MOWER 2005-04-04 6,370 3,663 S/L 10.0000 637      
    CANOE 2005-04-14 600 345 S/L 10.0000 60      
    DELL COMPUTER-MARKETING ASSISTANT 2005-05-05 1,008 571 S/L 10.0000 101      
    POWERLIGHT PROJECTOR 2005-06-16 809 445 S/L 10.0000 81      
    SECURITY SYSTEM-RESEARCH LAB 2005-08-01 1,226 664 S/L 10.0000 122      
    DELL COMPUTER FOR BFS PROGRAM 2005-10-12 1,215 638 S/L 10.0000 121      
    WET LAB CEILING 2005-10-31 2,015 260 S/L 40.0000 51      
    ISCOPE SOFTWARE 2004-11-11 1,875 1,875 S/L 3.0000        
    PEACHTREE PREMIUM ACCTG 2006 2006-01-17 745 745 S/L 3.0000        
    COFFEE MAKER - COMMERCIAL GRADE 2006-04-11 1,500 713 S/L 10.0000 150      
    FLAT BOTTOM BOAT 2006-08-15 600 265 S/L 10.0000 60      
    DELL DESKTOP COMPUTER FOR BFS PROGRAM 1 OF 3 2006-11-16 1,006 411 S/L 10.0000 100      
    DELL DESKTOP COMPUTER FOR BFS PROGRAM 2 OF 3 2006-11-16 1,006 411 S/L 10.0000 100      
    DELL DESKTOP COMPUTER FOR BFS PROGRAM 3 OF 3 2006-11-16 1,006 411 S/L 10.0000 100      
    LAP TOP FOR BFS PROGRAM 1 OF 6 2007-04-19 968 355 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 2 OF 6 2007-04-19 968 355 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 3 OF 6 2007-04-19 968 355 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 4 OF 6 2007-04-19 968 355 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 5 OF 6 2007-04-19 968 355 S/L 10.0000 97      
    LAP TOP FOR BFS PROGRAM 6 OF 6 2007-04-19 968 355 S/L 10.0000 97      
    FURNACE 2007-04-18 1,700 623 S/L 10.0000 170      
    PAVING 2007-04-30 12,934 2,371 S/L 20.0000 647      
    DELL COMPUTER FOR EDUCATION DIRECTOR 2007-05-06 726 266 S/L 10.0000 73      
    BIZ HUB 352 COPIER/PRINTER 2007-06-27 11,675 4,094 S/L 10.0000 1,168      
    WELL 2007-10-10 3,302 537 S/L 20.0000 165      
    PEACHTREE PREMIUM ACCOUNTING 2008 2007-10-04 1,030 1,030 S/L 3.0000        
    WATER HEATER 2007-12-23 702 211 S/L 10.0000 70      
    VARIOUS             7,770 40,790  
    EQUIPMENT 2008-05-01 595 159 S/L 10.0000 59      
    EQUIPMENT 2008-11-30 1,153 240 S/L 10.0000 116      
    EQUIPMENT 2008-11-30 904 188 S/L 10.0000 91      
    BLDGS 2008-06-06 1,928 125 S/L 40.0000 48      
    BLDGS 2008-12-04 42,368 2,207 S/L 40.0000 1,059      
    EQUIPMENT 2008-02-08 1,499 437 S/L 10.0000 150      
    EQUIPMENT 2008-08-07 1,050 508 S/L 5.0000 210      
    EQUIPMENT 2008-12-01 500 208 S/L 5.0000 100      
    F&F 2008-05-29 579 150 S/L 10.0000 57      
    F&F 2008-09-03 694 162 S/L 10.0000 69      
    F&F 2008-10-15 1,723 388 S/L 10.0000 172      
    F&F 2008-12-01 587 122 S/L 10.0000 59      
    TRAIL CAMERAS 2009-05-20 2,321 367 S/L 10.0000 233      
    MODEL 5424 MICROCENTRIFUGE 2009-12-18 1,889 189 S/L 10.0000 189      
    SECURITY DOOR 2009-03-31 6,451 282 S/L 40.0000 162      
    MEADOW LODGE KITCHEN 2009-03-31 3,913 171 S/L 40.0000 98      
    FRONT STEP AT HYLA HOUSE 2009-05-15 900 38 S/L 40.0000 22      
    SIDEWALK RESIDENT MANAGER HOUSE 2009-05-21 555 22 S/L 40.0000 14      
    FRONT ENTRANCE 2009-05-21 1,770 70 S/L 40.0000 44      
    DECK FOR HYLA HOUSE 2009-09-01 3,920 131 S/L 40.0000 98      
    DECK EXTENSION - RESIDENT MANAGER HOUSE 2009-09-01 1,188 40 S/L 40.0000 29      
    CCS LAPTOP - EXECUTIVE DIRECTOR 2009-01-27 1,110 426 S/L 5.0000 222      
    CCS BUILT DESKTOP COMPUTER FOR MARKETING DIR 2009-01-27 895 343 S/L 5.0000 179      
    CCS BUILT DESKTOP COMPUTER FOR L. STEWARD 2009-01-27 895 343 S/L 5.0000 179      
    SECURITY CAMERA SYSTEM FOR EDUCATION BUILDING 2009-01-28 780 150 S/L 10.0000 78      
    CCS DESKTOP COMPUTER FOR INTERPRETIVE NAT 2009-02-12 858 164 S/L 10.0000 86      
    CCS DESKTOP COMPUTER FOR FACILITY MANAGER 2009-02-12 835 160 S/L 10.0000 84      
    GENERATOR 14KW HYLA HOUSE 2009-05-21 4,022 637 S/L 10.0000 402      
    GENERATOR 14 KW MEADOW LODGE 2009-05-21 4,022 637 S/L 10.0000 402      
    PEACHTREE 2010 2009-05-31 980 517 S/L 3.0000 327      
    URGE DVD 2009-06-12 16,500 8,708 S/L 3.0000 5,500      
    TANKLESS WATER HEATER 2009-06-08 967 153 S/L 10.0000 97      
    SECURITY CAMERA SYSTEM FOR VISITOR CENTER 2009-07-08 3,005 451 S/L 10.0000 300      
    GE DISHWASHER BLACK 2009-02-05 759 146 S/L 10.0000 75      
    FRIGIDAIRE REFRIGERATOR 2009-03-31 506 89 S/L 10.0000 50      
    GE DISHWASHER 2009-03-31 536 94 S/L 10.0000 53      
    FRIGIDAIR ELECTRIC RANGE 2009-03-31 416 73 S/L 10.0000 41      
    BUNK BED 2009-04-30 537 90 S/L 10.0000 53      
    BUNK BED 2009-04-30 676 113 S/L 10.0000 67      
    OUTDOOR DIRECTIONAL SIGNAGE 2009-10-31 2,099 245 S/L 10.0000 210      
    NEW WELL 2009-05-09 5,470 912 S/L 10.0000 547      
    BOARDWALK THROUGH WETLANDS 2009-09-30 14,869 929 S/L 20.0000 744      
    510 PH METER BENCH TOP 2010-12-06 515 4 S/L 10.0000 52      
    A&D FX 300I BALANCE 2010-12-06 727 6 S/L 10.0000 73      
    NEW HEAT PUMP PIPING 2010-05-01 3,985 66 S/L 40.0000 100      
    SIDING & ROOF ON BLOCK WALL AT VISITOR CENTER 2010-06-29 4,650 58 S/L 40.0000 116      
    STONE RETAINING WALL 2010-06-23 3,256 41 S/L 40.0000 81      
    2009 KAWASAKI MULE 4010 4X4 2010-02-23 8,719 727 S/L 10.0000 871      
    CCS CUSTOM COMPUTER- MARKETING COORDINATOR 2010-02-23 988 165 S/L 5.0000 197      
    CCS CUSTOM SERVER W/500GB HARD DRIVE 2010-05-01 3,223 430 S/L 5.0000 644      
    GIFTWORKS DONOR SOFTWARE 2010-08-24 1,073 119 S/L 3.0000 358      
    LIBERATOR DRY EXTRACTORVAC W/CADDY 2010-10-21 4,846 81 S/L 10.0000 484      
    LITTLE GRAND CANYON TRAIL IMPROVEMENTS 2010-06-21 1,684 42 S/L 20.0000 84      
    RE-SURFACE PARKING LOTS 2010-09-13 9,160 153 S/L 20.0000 458      
    DATA LOGGER 2011-10-01 879   S/L 10.0000 22      
    FIBER OPTICS 2011-03-01 4,475   S/L 5.0000 746      
    ATTIC ISULATION 2011-12-19 753   S/L 40.0000        
    ATTIC INSULATION 2011-12-19 820   S/L 40.0000        
    UTILITY SKID SPRAYER 2011-01-04 558   S/L 10.0000 56      
    UTILITY SKID SPRAYER 2011-01-04 558   S/L 10.0000 56      
    FIRE EXTINGUISHER FOR KITCHEN HOOD 2011-03-01 1,369   S/L 10.0000 114      
    PEACHTREE SOFTWARE 2011-07-31 716   S/L 3.0000 99      
    YAMAHA SNOWMOBILE 2011-09-15 950   S/L 10.0000 32      
    MEDTRONIC AED LIFE DEFRIBRILLATOR 2011-11-01 1,430   S/L 10.0000 24      
    MESSAGE BOARD 2011-12-31 513   S/L 10.0000        
    COMPRESSOR-WALK IN FREEZER 2011-07-01 2,781   S/L 10.0000 139      
    MICHIGAN LIGHT HOUSE PAINTING 2011-11-01 1,500   S/L 10.0000 25      
    THE UNBEARABLE LIGHTNESS PAINTING 2011-11-01 1,500   S/L 10.0000 25      
    DRIVEWAY LITTLE GRAND CANYON 2011-06-03 3,950   S/L 20.0000 115      

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

    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    PRINTER 1999-12 PURCHASE 2011-06     400       400
    DELL DESK TOP COMPUTER 2003-09 PURCHASE 2011-06     826       826
    EQUIPMENT 2008-12 PURCHASE 2011-12     500     -192 308

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SMITH BARNEY (SEE ATTACHED) 4,233,286 4,233,286

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Name of Stock End of Year Book Value End of Year Fair Market Value
    SMITH BARNEY(SEE ATTACHED) 11,823,371 11,823,371

    TY 2011 InvestmentsOtherSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    MONEY MARKET FUNDS-SMITH BARNEY FMV 3,130,967 3,130,967

    TY 2011 LandEtcSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS AND IMPROVEMENTS 6,487,508 1,775,892 4,711,616 6,487,508
    FURNITURE AND FIXTURES 422,984 400,216 22,768 422,984
    LAND IMPROVEMENTS 72,480 16,658 55,822 72,480
    EQUIPMENT & TOOLS 151,473 108,940 42,533 151,473
    BFS- EQUIPMENT 32,757 16,169 16,588 32,757
    VEHICLES 34,647 34,647   34,647
    CONSTRUCTION IN PROGRESS 5,791   5,791 5,791
    LAND 594,421   594,421 594,421


    TY 2011 LegalFeesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BOWER LAW PLC 665      


    TY 2011 OtherAssetsSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    BOND ISSUANCE FEES 98,785    
    OTHER ASSETS 112,070 112,070 112,070
    ACCRUED INTEREST RECEIVABLE 46,594 67,946 67,946


    TY 2011 OtherDecreasesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Amount
    UNREALIZED LOSS ON SECURITIES HELD FOR INVESTMENT 429,486


    TY 2011 OtherExpensesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOOD SERVICE SALES-BRUNCH        
    COST OF GOODS SOLD 8,601   8,601  
    EXPENSES        
    PROGRAM EXPENSES 21,020     21,020
    INSURANCE 37,706 1,508 3,092 33,106
    REPAIRS & MAINTENANCE 62,023 2,480 5,210 54,332
    SUPPLIES 36,497 267 10,900 25,330
    ADVERTISING AND SPONSORSHIPS 12,476   3,119 10,458
    POSTAGE AND MAILINGS 3,295 132 692 2,471
    DUES AND SUBSCRIPTIONS 1,977   266 1,711
    MISCELLANEOUS 4,154   308 3,846
    BANK SERVICE FEES 2,497 100   2,397
    BOND SERVICE FEES 400 16   384
    SMITH BARNEY INVESTMENT FEES 83,022 83,022    
    RWB INVESTMENT FEES 13,269 13,269    
    SCHOLARSHIPS AND RESEARCH 106,937   25,398 81,539
    AMORTIZATION OF BOND ISSUANCE 4,792 192   4,600
    LOSS ON BOND ISSUANCE FEES 93,994 3,760   90,233


    TY 2011 OtherIncomeSchedule2
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EDUCATION & COMMUNITY PROGRAM 13,172   13,172
    BFS PROGRAM 18,000   18,000
    MEMBERSHIPS 25,020   25,020
    FOOD SERVICE SALES-BRUNCH 39,203   39,203
    MISCELLANEOUS INCOME 5,460   5,460
    FACILITY RENTAL 16,596   16,596


    TY 2011 OtherLiabilitiesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Description Beginning of Year - Book Value End of Year - Book Value
    BONDS PAYABLE 4,490,000  
    LINE OF CREDIT   4,304,381


    TY 2011 SalesOfInventoryList 
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
    GIFT SHOP SALES 9,653 6,033 3,620

    TY 2011 TaxesSchedule
    Name:
    THE WILLARD G PIERCE AND JESSIE M
    PIERCE FOUNDATION
    EIN: 38-2820095
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 16,842 16,842