TY 2010 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2010

For calendar year 2010, or tax year beginning 10-01-2010 , and ending 09-30-2011

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

Amended returnAddress changeName change

Name of foundation
THE AILEEN AND JACK PRATT FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)13355 NOEL ROAD Room/suite

City or town, state, and ZIP code
DALLAS, TX75240

A Employer identification number

82-0576238

B Telephone number (see page 10 of the instructions)

(972) 980-5850

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$2,824,622J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	10,178		10,178	10,178
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		44,426
b	Gross sales price for all assets on line 6a 424,889
7	Capital gain net income (from Part IV, line 2)...			44,426
8	Net short-term capital gain.........				11,431
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).......		62,749	61,320	61,320
12	Total. Add lines 1 through 11........	117,353		115,924	82,929
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......	26,494				26,494
15	Pension plans, employee benefits.......	4,863				4,863
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		4,425	2,225		2,200
c	Other professional fees (attach schedule)....		6,312	6,312	6,312
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		6,326	471		1,781
19	Depreciation (attach schedule) and depletion...		0
20	Occupancy..............	19,874				19,874
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		8,053	2,337		5,716
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	76,347		11,345	6,312	60,928
25	Contributions, gifts, grants paid........	238,058				238,058
26	Total expenses and disbursements. Add lines 24 and 25	314,405		11,345	6,312	298,986
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-197,052
b	Net investment income (if negative, enter -0-)			104,579
c	Adjusted net income (if negative, enter -0-)...				76,617

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

Cat. No. 11289X Form 990-PF (2010)

Form 990-PF (2010)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	4,981	5,535	5,535
	2	Savings and temporary cash investments..........	43,045	34,883	34,883
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	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)........	459,817	270,127	250,687
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	2,434,988	2,353,915	2,452,198
	14	Land, buildings, and equipment: basis 29,928
		Less: accumulated depreciation (attach schedule) 29,928		0
	15	Other assets (describe )	0	81,319	81,319
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,942,831	2,745,779	2,824,622
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	2,942,831	2,745,779
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	2,942,831	2,745,779
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	2,942,831	2,745,779

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	2,942,831
2	Enter amount from Part I, line 27a......................	2	-197,052
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	2,745,779
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30..	6	2,745,779

Form 990-PF (2010)

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	PUBLICLY TRADED SECURITIES	P
b	PUBLICLY TRADED SECURITIES	P
c	PUBLICLY TRADED SECURITIES	P
d	ADVANTAGE ADVISERS AUGUSTA FUND, L.L.C.	P	2009-06-30	2010-12-31
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	324,236	0	300,097	24,139
b	24,324	0	17,951	6,373
c	66,310	0	62,415	3,895
d	10,019	0	0	10,019
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	0	0	0	24,139
b	0	0	0	6,373
c	0	0	0	3,895
d	0	0	0	10,019
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	44,426
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2009	270,890	2,824,295	0.095914
2008	307,151	2,972,198	0.103341
2007	269,874	4,639,494	0.058169
2006	276,022	5,165,472	0.053436
2005	283,798	4,903,331	0.057879

2	Total of line 1, column (d) ......................	2	0.368739
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	0.073748
4	Enter the net value of noncharitable-use assets for 2010 from Part X, line 5.....	4	3,044,687
5	Multiply line 4 by line 3.......................	5	224,540
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,046
7	Add lines 5 and 6.........................	7	225,586
8	Enter qualifying distributions from Part XII, line 4..............	8	298,986
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 (2010)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	1,046
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2............................	3	1,046
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	1,046
6	Credits/Payments:

a	2010 estimated tax payments and 2009 overpayment credited to 2010	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	1,100
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,100
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	28
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	26
11	Enter the amount of line 10 to be: Credited to 2011 estimated tax26	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

instructions) bullet

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

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

Yes

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

or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on

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

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

Yes

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

JACK E PRATT SR Telephone no. bullet

(972) 980-5855

Located at bullet

13355 NOEL RD STE 1865DALLASTX ZIP+4 bullet

752406835

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

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

At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over

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

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

Form 990-PF (2010)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

that were not corrected before the first day of the tax year beginning in 2010?.............

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

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

At the end of tax year 2010, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2010?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If “Yes,” did it have excess business holdings in 2010 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 2010.)....................

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

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

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (2010)

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
JACK E PRATT SR	DIR,PRES. 3.00	0	0	0
13355 NOEL RD 1865 DALLAS,TX75240	DIR,PRES. 3.00	0	0	0
AILEEN PRATT	DIR, SEC/TREAS 3.00	0	0	0
13355 NOEL RD 1865 DALLAS,TX75240	DIR, SEC/TREAS 3.00	0	0	0

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2010)

Page 7

Part IX-B

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

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


2


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

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

Part X

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

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

purposes:

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

2,183,983

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

49,329

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

857,741

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

3,091,053

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

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

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

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

3,091,053

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

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

46,366

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

3,044,687

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

152,234

Part XI

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

and do not complete this part.)

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

152,234

Tax on investment income for 2010 from Part VI, line 5......

1,046

Income tax for 2010. (This does not include the tax from Part VI.)...

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

1,046

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

151,188

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

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

151,188

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

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

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

151,188

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

298,986

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

298,986

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)............

1,046

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

297,940

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 (2010)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(d) 2010
1 Distributable amount for 2010 from Part XI, line 7			151,188
2 Undistributed income, if any, as of the end of 2010:
a Enter amount for 2009 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2010:
a From 2005.......
b From 2006.......	280,761
c From 2007.......
d From 2008.......	307,904
e From 2009.......
fTotal of lines 3a through e.........		588,665
4Qualifying distributions for 2010 from Part
XII, line 4: $ 298,986
a Applied to 2009, 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 2010 distributable amount.....			151,188
e Remaining amount distributed out of corpus		147,798
5 Excess distributions carryover applied to 2010.
(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		736,463
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 2009. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........
f Undistributed income for 2010. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........			0
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 2005 not applied on line 5 or line 7 (see page 27 of the instructions) .............
9Excess distributions carryover to 2011. Subtract lines 7 and 8 from line 6a ......		736,463
10 Analysis of line 9:
a Excess from 2006....	280,761
b Excess from 2007....
c Excess from 2008....	307,904
d Excess from 2009....
e Excess from 2010....	147,798

Form 990-PF (2010)

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 2010, enter the date of the ruling....... bullet

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

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2010	(b) 2009	(c) 2008	(d) 2007	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

JACK PRATT

AILEEN PRATT

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

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

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

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

cAny submission deadlines:

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

Form 990-PF (2010)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
BAYLOR HEALTH CARE SYSTEM 3600 GASTON 100 DALLAS,TX75246		PUBLIC CHARITY	WOMEN'S HEALTH CAREGENERAL BUDGET	5,000
BARNARD COLLEGE FUND 3009 BROADWAY NY,NY10027		PUBLIC CHARITY	GENERAL BUDGET	2,500
BISHOP DUNNE CATHOLIC SCHOOL 3900 RUGGED DRIVE DALLAS,TX75224		PUBLIC CHARITY	GENERAL BUDGET	1,500
BOYS & GIRLS CLUBS OF GREATER DALLAS 4816 WORTH STREET DALLAS,TX75246		PUBLIC CHARITY	GENERAL BUDGET	4,000
CENTER FOR BRAIN HEALTH 2200 WEST MOCKINGBIRD LANE DALLAS,TX75235		PUBLIC CHARITY	GENERAL BUDGET	1,000
CAMP GRADY SPRUCE YMCA 601 N AKARD STREET DALLAS,TX75201		PUBLIC CHARITY	GENERAL BUDGET	500
CHILDREN'S MEDICAL CENTER 2777 STEMMONS FRWY 700 DALLAS,TX75207		PUBLIC CHARITY	GENERAL BUDGET	4,000
CHRIST THE KING CATHOLIC CHURCH 8017 PRESTON ROAD DALLAS,TX75225		PUBLIC CHARITY	BULDING FUND	33,333
CRYSTAL CHARITY BALL 30 HIGHLAND PARK VILLAGE 206 DALLAS,TX75202		PUBLIC CHARITY	GENERAL BUDGET	2,000
DALLAS CHILDREN'S ADVOCACY CENTER 3611 SWISS AVENUE DALLAS,TX75226		PUBLIC CHARITY	FORENSIC INTERVIEW ROOM	4,000
CATHOLIC DIOCESE OF DALLAS PO BOX 190507 DALLAS,TX75219		PUBLIC CHARITY	GENERAL BUDGET	2,500
THE DALLAS FOUNDATION 900 JACKSON STREET SUITE 705 DALLAS,TX75202		PUBLIC CHARITY	FOR NEEDY PERSONSPURCHASE AC UNITS	2,500
DALLAS OPERA 2403 FLORA STREET SUITE 500 DALLAS,TX75204		PUBLIC CHARITY	GENERAL BUDGET	3,500
DALLAS MORNING NEWS CHARITIES 5500 CARUTH HAVEN LANE DALLAS,TX75225		PUBLIC CHARITY	GENERAL BUDGET	1,500
DUNBAR NEIGHBORHOOD COUNCIL INC PO BOX 1609 MINERAL WELLS,TX76068		PUBLIC CHARITY	GENERAL BUDGET	2,500
EPISCOPAL SCHOOL OF DALLAS 4100 MERRELL ROAD DALLAS,TX75229		PUBLIC CHARITY	GENERAL BUDGET	2,500
EQUEST THERAPEUTIC HORSEMANSHIP 3800 TROY ROAD WYLIE,TX75098		PUBLIC CHARITY	GENERAL BUDGET	1,500
THE FAMILY PLACE PO BOX 7999 DALLAS,TX75209		PUBLIC CHARITY	GENERAL BUDGET	4,000
FRIENDS OF WEDNESDAY'S CHILD 2801 SWISS AVE SUITE 130 DALLAS,TX75204		PUBLIC CHARITY	GENERAL BUDGET	1,000
THE HEIDI GROUP & CORNERSTONE BAPTIST CHURCH PO BOX 2050 ROUND ROCK,TX78680		PUBLIC CHARITY	GENERAL BUDGET	500
PARKLAND FOUNDATION 2777 N STEMMONS FRWY 1700 DALLAS,TX75207		PUBLIC CHARITY	NEW BORNSNEO-NATAL PHARMACY FOR	4,000
JESUIT COLLEGE PREP SCHOOL 12345 INWOOD ROAD DALLAS,TX75244		PUBLIC CHARITY	BUILDING PROGRAM	54,000
PHOENIX HOUSE OF TEXAS 2351 W NORTHWEST HWY SUITE 3265 DALLAS,TX75220		PUBLIC CHARITY	GENERAL BUDGET	250
REDEMPTORIS MATER SEMINARY 3725 BLACKBURN STREET DALLAS,TX75219		PUBLIC CHARITY	HVAC PROJECT	12,500
SAINT CECELIA CATHOLIC SCHOOL 635 MARY CLIFF ROAD DALLAS,TX75208		PUBLIC CHARITY	GENERAL BUDGET	5,000
ST JUDE'S CHILDREN'S HOSPITAL 4324 N BELTLINE ROAD SUITE C-206 IRVING,TX75038		PUBLIC CHARITY	GENERAL BUDGET	37,225
ST MONICA SCHOOL 9933 MIDWAY ROAD DALLAS,TX75220		PUBLIC CHARITY	GENERAL BUDGET	5,000
ST JOSEPH'S RESIDENCE INC 330 WEST PEMBROKE AVE DALLAS,TX75208		PUBLIC CHARITY	BUILDING FUND	12,500
ST MARY OF CARMEL 1716 SINGLETON BLVD DALLAS,TX75212		PUBLIC CHARITY	GENERAL BUDGET	10,000
THE SENIOR SOURCE 1215 SKILES ST DALLAS,TX75204		PUBLIC CHARITY	GENERAL BUDGET	1,500
THE JUNIOR LEAGUE OF DALLAS 8003 INWOOD ROAD DALLAS,TX75209		PUBLIC CHARITY	GENERAL BUDGET	1,000
SKY RANCH CAMP 600 N PEARL STREET SUITE 640 DALLAS,TX75201		PUBLIC CHARITY	GENERAL BUDGET	2,500
TEXAS HOME ACCESS FUND 16250 KNOLL TRAIL 210 DALLAS,TX75248		PUBLIC CHARITY	GENERAL BUDGET	5,000
UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL 3963 MAPLE AVENUE SUITE 100 DALLAS,TX75219		PUBLIC CHARITY	CARDILOGY RESEARCH	5,000
VICTORY LIFE MINISTRIES OF DALLAS INC 4419 HAMILTON AVE DALLAS,TX75210		PUBLIC CHARITY	GENERAL BUDGET	2,000
YMCA OF GREATER DALLAS 1621 W WALNUT HILL LANE IRVING,TX75038		PUBLIC CHARITY	GENERAL BUDGET	250
YMCA TOWN NORTH 4332 NORTHAVEN RD DALLAS,TX75229		PUBLIC CHARITY	GENERAL BUDGET	500
Total ................................. 3a				238,058

bApproved for future payment

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

Form 990-PF (2010)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments
4 Dividends and interest from securities....			14	10,178
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory			18	44,426
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aANNUITY INCOME			14	61,320
bUNRELATED BUSINESS INCOME TAX REFUND			1	1,429
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				117,353

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

13117,353

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2010)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2010)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2010 AccountingFeesSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
BYRON A. PARKER, CPA TAX RETIRM PREP & MISC. CONSULTATIONS	4,425	2,225		2,200

- TIN:

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

TY 2010 DepreciationSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)
COMPUTERS	2003-04-08	3,417	3,417	200DB	5.00
FURNITURE	2003-05-01	17,545	17,545	200DB	7.00
APPLIANCES	2003-03-27	981	981	200DB	7.00
OFFICE DECORATIVE ITEMS	2003-06-18	3,850	3,850	200DB	7.00
LEASEHOLD IMPROVEMENTS	2003-04-03	4,135	4,135	200DB	7.00

- TIN:

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

TY 2010 GainLossSaleOtherAssetsSch

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Name	Date Acquired	How Acquired	Date Sold	Purchaser Name	Gross Sales Price	Basis	Basis Method	Sales Expenses	Total (net)	Accumulated Depreciation
PUBLICLY TRADED SECURITIES		Purchased		STOCK EXCHANGE SALES	424,889	380,463			44,426

- TIN:

TY 2010 InvestmentsCorpStockSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Name of Stock	End of Year Book Value	End of Year Fair Market Value
60 COOPER INDUSTRIES PLC	2,384	2,767
80 INGERSOLL-RAND PLC	2,634	2,247
220 NABORS INDUSTRIES PLC	4,745	2,697
15 PARTNERS LTD	1,152	784
255 WEATHERFORD INTERNATIONAL	4,549	3,114
140 NOBLE CORPORATION BAAR NAMEN	5,694	4,109
80 TRANSOCEAN LTD	6,823	3,819
120 UBS AG	1,937	1,372
10 CORE LABS NV	531	898
45 AXA SA SPONS ADR	1,096	598
25 BASF SE SPONS ADR	1,340	1,546
55 BILLITON LTD SPONS ADR	3,643	3,654
25 BRITISH AMER TOBACCO PLC	1,578	2,118
35 BROOKFIELD ASSET MGMT INC CL A	724	964
35 CANADIAN NATIONAL RAILWAY CO	1,838	2,330
50 CANADIAN NATIONAL RESOURCES LTD	1,608	1,464
60 CANADIAN PACIFIC RAILWAY CO	3,060	2,885
40 DIAGEO PLC	2,621	3,037
50 MANULIFE FINL CORP	942	566
70 NESTLE S A SPONS ADR	3,323	3,861
45 NOVARTIS A G SPONS ADR	2,343	2,510
90 POTASH CORP	2,797	3,890
75 RIO TINTO PLC SPONS ADR	3,474	3,306
65 SCHLUMBERGER LTD	4,168	3,882
135 SUNCOR ENERGY INC	4,416	3,434
60 TALISMAN ENERGY INC	1,020	736
100 TENARIS S A SPONS ADR	3,870	2,545
85 UNILEVER N V	2,586	2,677
140 VALE S A ADR	3,695	3,192
5 YARA INTL ASA SPONS ADR	161	194
ROUNDING		1
25 ALTERRA CAPITAL HOLDINGS LTD	568	471
17 ENERGY XXI (BERMUDA) LTD 519	519	365
25 COOPER INDUSTRIES PLC	1,000	1,153
14 HELEN OF TROY CORP LTD	446	352
33 WILLIS GROUP HOLDINGS	899	1,134
20 ACE LTD	1,064	1,212
4 COPA HOLDINGS S A	283	245
269 FLEXTRONICS INTL LTD	1,774	1,514
27 ABBOTT LABS	1,294	1,381
33 AETNA INC	870	1,199
21 AKZO NOBEL NV SPONS ADR	1,208	939
81 ALLIANZ SE SP ADR	931	770
11 AMAZON	1,300	2,379
62 AMERICAN AXLE & MFG HOLDINGS	730	473
20 AMERICAN CAMPUS COMNTYS INC REIT	628	744
8 ANALOGIC CORP	455	363
13 ANDERSONS INC	473	437
19 APACHE CORP	1,825	1,525
160 APPLIED MATERIALS	1,997	1,656
7 APPLE INC	1,320	2,669
66 ARCHER DANIELS MIDLAND CO	2,020	1,637
25 ASCENA RETAIL GROUP INC	659	677
33 AVIS BUDGET GROUP	422	319
43 AXA SA SPONS ADR	999	571
27 BAKER HUGHES INC	1,516	1,246
87 BANCO SANTANDER SA	1,266	699
63 BANK OF NEW YORK MELLON	1,523	1,171
65 BAXTER INTL	3,559	3,649
62 BEMIS INC	1,657	1,817
15 BHP BILLITON LTD SPONS ADR	1,118	997
28 BOEING CO	1,347	1,694
20 BRIGHAM EXPLORATION CO	384	505
78 CBS CORP	2,229	1,590
23 CLECO CORP	737	785
69 CRH PLC	1,196	1,070
55 CVS CAREMARK CORP	1,771	1,847
7 CACI INTL INC	367	350
34 CALAMOS ASSET MGMT INC	390	340
35 CANON INC ADR	1,319	1,584
49 CARDINAL HEALTH INC	1,407	2,052
107 CARREFOUR SA SPONS ADR	1,039	490
22 CATERPILLAR INC	1,729	1,624
34 CATHAY GENERAL BANCORP	376	387
14 CHEVRON CORP	993	1,296
24 CLIFFS NATURAL RESOURCES INC	1,341	1,228
22 COEUR D ALENE MINES CORP	619	472
18 COHERENT INC	556	773
26 COLONIAL PPTYS TR COM	433	472
15 COMPLETE PRODUCTION SERVICES	384	283
19 COMSTOCK RESOURCES INC	595	294
30 CONOCOPHILLIPS	1,582	1,900
97 CORNING INC	1,779	1,199
22 CROCS INC	425	521
28 DARLING INTL INC	237	353
28 DEVON ENERGY CORP	1,742	1,552
18 DIAGEO PLC SPONS ADR	1,182	1,367
45 DIRECTV	1,187	1,902
37 DOMINOS PIZZA INC	652	1,008
63 DOW CHEMICAL	1,506	1,415
41 DU PONT E I DE NEMOURS & CO	1,875	1,639
39 DYCOM INDS INC	705	597
85 E M C CORP MASS	1,395	1,784
32 ENI S P A SPONS ADR	1,599	1,124
33 EAST WEST BANCORP INC	523	492
31 EATON CORP	1,530	1,101
13 EL PASO ELECTRIC CO	403	417
12 ENPRO INDS INC	537	356
71 ERICSSON L M TEL CO	754	678
52 FIRST POTOMAC RLTY TR REIT	619	648
33 FOOT LOCKER INC	430	663
64 FRANCE TELECOM SPONS ADR	1,486	1,048
29 GENERAL DYNAMICS CORP	2,063	1,650
10 GENESCO INC	465	515
14 GENESEE & WYO INC	423	651
62 GIVAUDAN SA ADR	1,105	971
34 GLAXOSMITHKLINE PLC SPONS ADR	1,371	1,404
16 GRACE W R & CO	446	533
27 HSBC HOLDINGS PLC SPONS ADR	1,508	1,027
90 HALLIBURTON CO	3,285	2,747
34 HELL CORP	2,174	1,784
33 HEXCEL CORP	710	731
58 HOME DEPOT INC	1,452	1,906
41 HONEYWELL INTL INC	1,764	1,800
21 HOSPIRA INC	1,056	777
19 IMPERIAL TOBACCO GROUP PLC SPONS ADR	1,116	1,287
13 INVACARE CORP	427	300
123 JDS UNIPHASE CORP	1,599	1,226
46 KBR INC	872	1,087
11 KAISER ALUMINUM CORP	432	487
48 KAO CORP SPONS ADR	1,210	1,348
29 KORN FERRY INTL	475	354
77 LEXINGTON REALTY TRUST REIT	322	504
71 MF GLOBAL HOLDINGS LTD	608	293
22 MKS INSTRUMENT INC	472	478
31 MANITOWOC INC	306	208
51 MARATHON OIL CORP	1,138	1,101
25 MARATHON PETE CORP	700	676
52 MEDTRONIC INC	1,650	1,728
58 METLIFE INC	2,032	1,625
130 METROPCS COMMUNICATIONS INC	1,440	1,132
11 MID-AMER APT CMNTYS INC REIT	655	662
317 MITSUBISHI UFJ FINANCIAL GROUP INC SPONS ADR	1,638	1,411
49 MODINE MFG CO	555	444
32 MOSAIC CO	2,103	1,567
59 NTT DOCOMO INC SPONS ADR	964	1,077
46 NYSE EURONEXT	1,241	1,069
26 NATIONAL OILWELL VARCO INC	970	1,332
33 NAVISTAR INTL CORP	1,549	1,060
29 NESTLE S A SPONS ADR	1,531	1,600
32 NINTENDO LTD ADR	1,035	590
24 NORFOLK SOUTHERN CORP	1,313	1,464
28 NOVARTIS A G SPONS ADR	1,462	1,562
13 OLD DOMINION FREIGHT LINES INC	446	377
178 ON SEMICONDUCTOR CORP	1,346	1,278
70 ORACLE CORP	1,457	2,012
18 PAR PHARMACEUTICAL COS INC	495	479
38 PETROLEO BRASILEIRO SA PETROBRAS SPONS ADR	1,334	853
23 PIEDMONT NATURAL GAS INC	648	664
23 PIONEER NATURAL RES CO	1,349	1,513
62 POLYONE CORP	686	664
7 PORTFOLIO RECOVERY ASSOCS INC	623	436
62 PROLOGIS INC REIT	2,210	1,503
13 PROSPERITY BANCSHARES INC	548	425
30 REED ELSLEVIER PLC SPONS ADR	946	913
39 ROCHE HOLDING LTD SPONS ADR	1,535	1,579
55 ROYAL DUTCH SHELL PLC SPONS ADR	3,597	3,384
10 SVB FINANCIAL GROUP	574	370
15 SALESFORCE INC	1,363	1,714
45 SANDFI SPONS ADR	1,633	1,476
22 SAP AG SPONS ADR	1,021	1,114
98 SCHNEIDER ELECTRIC SA ADR	1,193	1,066
12 SCHNITZER STEEL INDS	518	442
85 SECOM LTD ADR	1,010	1,034
21 SIGNATURE BANK NY	656	1,002
9 SIRONA DENTAL SYSTEMS INC	392	382
20 SMITH A O	681	641
38 SONIC AUTOMOTIVE INC	574	410
14 SOVARAN SELF STORAGE INC REIT	574	520
557 SPRINT NEXTEL CORP	2,317	1,693
120 STRATEGIC HOTELS & RESORTS INC REIT	693	517
23 SYNGENTA AG SPONS ADR	1,068	1,193
72 SYSCO CORP	1,964	1,865
18 TANGER FACTORY OUTLET CTRS INC REIT	422	468
93 TARGET CORP	5,092	4,561
131 TERADYNE INC	2,414	1,442
26 TEREX CORP	473	267
67 TESCO PLC SPONS ADR	1,367	1,184
48 TEVA PHARMACEUTICAL INDS LTD ADR	2,480	1,787
40 TIME WARNER INC	1,118	1,199
26 TOTAL S A SPONS ADR	1,583	1,141
14 TRIUMPH GROUP INC	736	682
13 TWIN DISC INC	463	347
21 UIL HOLDINGS CORP	599	692
66 US AIRWAYS GROUP INC	390	363
56 UNILEVER PLC SPONS ADR	1,672	1,747
35 UNILEVER NV NY	1,066	1,102
15 UNION PACIFIC CORP	884	1,225
15 UNISOURCE ENERGY CORP	542	541
43 UNITEDHEALTH GROUP INC	2,239	1,983
67 VODAFONE GROUP PLC SPONS ADR	1,883	1,719
17 WPP PLC ADR	759	783
40 WAL MART STORES INC	2,135	2,076
53 WALGREEN CO	1,829	1,743
18 WERNER ENTERPRISES	452	375
112 WESTERN UNION CO	2,005	1,712
ROUNDING	1

- TIN:

TY 2010 InvestmentsOtherSchedule2

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Category/ Item	Book Value	End of Year Fair Market Value
2038 ISHARES FTSE XINHUA HK CHINA 25 INDEX FD	62,415	62,832
754763.82 AA GLOBAL GROWTH LTD	646,000	754,764
150083.79 WHISTLER INTL VALUE	145,500	150,084
287377.00 IRONWOOD INTL LTD	250,000	287,377
196422.93 PEAK SELECT ACCESS LTD	250,000	196,423
257060.00 P&A DIVERSIFIED MANAGERS OFFSHORE FUND	250,000	257,060
JACKSON NATIONAL LIFE INSURANCE CO ANNUITY	750,000	743,658

- TIN:

TY 2010 LandEtcSchedule2

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Category / Item	Cost / Other Basis	Accumulated Depreciation
COMPUTERS	3,417	3,417
FURNITURE	17,545	17,545
APPLIANCES	981	981
OFFICE DECORATIVE ITEMS	3,850	3,850
LEASEHOLD IMPROVEMENTS	4,135	4,135

- TIN:

TY 2010 OtherAssetsSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Description	End of Year - Book Value	End of Year - Fair Market Value
UNSETTLED STOCK SALES	81,319	81,319
UNSETTLED STOCK SALES	81,319	81,319
UNSETTLED STOCK SALES	81,319	81,319

- TIN:

TY 2010 OtherAssetsSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Description	End of Year - Book Value	End of Year - Fair Market Value
UNSETTLED STOCK SALES	81,319	81,319
UNSETTLED STOCK SALES	81,319	81,319
UNSETTLED STOCK SALES	81,319	81,319

- TIN:

TY 2010 OtherAssetsSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Description	End of Year - Book Value	End of Year - Fair Market Value
UNSETTLED STOCK SALES	81,319	81,319
UNSETTLED STOCK SALES	81,319	81,319
UNSETTLED STOCK SALES	81,319	81,319

- TIN:

TY 2010 OtherExpensesSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INSURANCE	188		188
PARKING	960		960
BANK CHARGE	15		15
REPAIRS & MAINTNANCE	1,235		1,235
TELEPHONE	3,110		3,110
PARTNERSHIP EXPENSES	2,337	2,337
SUBSCRIPTIONS	138		138
TEXAS UNEMPLOYMENT EXPENSE	70		70

- TIN:

TY 2010 OtherIncomeSchedule2

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
ANNUITY INCOME	61,320	61,320	61,320
REFUND OF 990-T TAX	1,429

- TIN:

TY 2010 OtherProfessionalFeesSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OPPENHEIMER INVESTMENT MANAGEMENT SERVICES	6,312	6,312	6,312

- TIN:

TY 2010 TaxesSchedule

Name:

THE AILEEN AND JACK PRATT FOUNDATION

EIN: 82-0576238

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
SEC 4940 TAX	4,074
PAYROLL TAXES	1,295		1,295
FOREIGN INCOME TAXES	471	471
PROPERTY TAXES	486		486