Form990-PF
Click to see attachment

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 WALSH FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)500 WEST 7TH STREETROOM/SUITE 1007Room/suite
City or town, state, and ZIP code
FORT WORTH, TX761024732
A Employer identification number

75-6021726
B Telephone number (see page 10 of the instructions)

(817) 335-3741
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$18,805,511J 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) 9,082
2 Check bullet
3 Interest on savings and temporary cash investments 1,056 1,056  
4 Dividends and interest from securities...... 171,379 171,379  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 186,550
b Gross sales price for all assets on line 6a 1,216,185
7 Capital gain net income (from Part IV, line 2)... 186,550
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 247,057 243,877  
12 Total. Add lines 1 through 11........ 615,124 602,862  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 26,085 26,085    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 52,128 52,128    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 78,213 78,213   0
25 Contributions, gifts, grants paid........ 1,026,123 1,026,123
26 Total expenses and disbursements. Add lines 24 and 25 1,104,336 78,213   1,026,123
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -489,212
b Net investment income (if negative, enter -0-) 524,649
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 11,899,444 11,147,090 11,147,090
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   1    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 3,665,842 Click to see attachment3,847,924 4,945,163
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,543,922 Click to see attachment2,683,333 2,713,258
14 Land, buildings, and equipment: basis bullet4,627
Less: accumulated depreciation (attach schedule) bullet4,627      
15 Other assets (describe bullet) Click to see attachment8,936    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 18,118,145 17,678,347 18,805,511
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 18,118,145 17,678,347
30 Total net assets or fund balances (see page 17 of the
instructions).................... 18,118,145 17,678,347
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 18,118,145 17,678,347
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 18,118,145
2 Enter amount from Part I, line 27a..................... 2 -489,212
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 49,414
4 Add lines 1, 2, and 3.......................... 4 17,678,347
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 17,678,347
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 1400 SHS SM ENERGY P 2010-04-13 2011-01-07
b 684 SHS ISHARES BRAZIL P 2010-03-04 2011-08-24
c 3500 SHS CBS CORP P 2006-06-15 2011-01-10
d 76 SHS ISHARES BRAZIL P 2010-10-07 2011-08-24
e 100 SHS ALCON P 2002-07-25 2011-01-11
24766 SHS ARTIO P 2009-05-20 2011-08-22
3000 SHS CBS CORP P 2009-03-17 2011-02-14
6917 SHS THORNBERG P 2008-06-04 2011-01-30
FIRST ENERGY COP - CIL P 2006-01-01 2011-03-10
US TRUST FUND GENERAL P 2006-07-10 2011-12-31
1800 SHS NATL OILWELL P 2010-06-18 2011-04-19
2000 SHS AKAMAI TECH P 2009-09-10 2011-05-04
100 SHS APPLE P 2008-12-30 2011-05-27
1133 SHS FIRST ENERGY P 2006-01-01 2011-05-27
QWEST COMM SETTLEMENT P 2008-01-01 2011-06-21
2500 SHS BK OF NEW YORK P 2005-01-01 2011-11-22
SHS POWERSHARES P 2010-03-04 2011-05-20
SHS POWERSHARES P 2010-10-07 2011-05-20
4066 SHS MSCI GERMANY P 2010-07-27 2011-08-24
1214 SHS MSCI GERMANY P 2010-10-06 2011-08-24
(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 82,664   53,500 29,164
b 41,594   47,415 -5,821
c 67,441   40,976 26,465
d 4,622   5,205 -583
e 16,344   2,897 13,447
261,777   257,132 4,645
63,852   12,196 51,656
168,000   179,234 -11,234
33     33
14,339     14,339
134,892   68,315 66,577
69,415   36,329 33,086
33,316   8,757 24,559
50,501   61,441 -10,940
26     26
48,308   89,935 -41,627
41,644   40,449 1,195
13,882   14,613 -731
79,722   85,697 -5,975
23,813   25,544 -1,731
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       29,164
b       -5,821
c       26,465
d       -583
e       13,447
      4,645
      51,656
      -11,234
      33
      14,339
      66,577
      33,086
      24,559
      -10,940
      26
      -41,627
      1,195
      -731
      -5,975
      -1,731
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 2 186,550
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 92,696
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 1,636,400 15,288,057 0.107038
2009 1,735,500 15,117,720 0.114799
2008 1,442,807 15,006,264 0.096147
2007 930,200 12,728,287 0.073081
2006 447,000 5,861,674 0.076258
2 Total of line 1, column (d) ...................... 2 0.467323
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 0.093465
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 19,108,799
5 Multiply line 4 by line 3....................... 5 1,786,004
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,246
7 Add lines 5 and 6......................... 7 1,791,250
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,026,123
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 10,493
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 10,493
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 10,493
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 15,000
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 15,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 1
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 4,506
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet4,506 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
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletTX
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletG MALCOLM LOUDEN Telephone no.bullet (817) 335-3741
    Located atbullet500 W 7TH STFORT WORTHTX ZIP+4bullet761024732
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
     
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    G MALCOLM LOUDENClick to see attachment PRESIDENT
    2.00     		0 0 0
    500 W 7TH STREET
    FORT WORTH,TX76102
    F HOWARD WALSH JRClick to see attachment ASST SEC/TR
    2.00     		0 0 0
    500 W 7TH STREET
    FORT WORTH,TX76102
    GARY GOBLEClick to see attachment SECRETARY/TR
    2.00     		0 0 0
    500 W 7TH STREET
    FORT WORTH,TX76102
    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
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 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
    4,971,738
    b
    Average of monthly cash balances.......................
    1b
    11,523,267
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    2,904,791
    d
    Total (add lines 1a, b, and c).........................
    1d
    19,399,796
    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
    19,399,796
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    290,997
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    19,108,799
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    955,440
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    955,440
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    10,493
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,493
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    944,947
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    944,947
    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
    944,947
    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
    1,026,123
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,026,123
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,026,123
    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 7 944,947
    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....... 180,933
    b From 2007....... 312,426
    c From 2008....... 708,706
    d From 2009....... 988,101
    e From 2010....... 886,337
    fTotal of lines 3a through e......... 3,076,503
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,026,123
    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..... 944,947
    e Remaining amount distributed out of corpus 81,176
    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 3,157,679
    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 ..........     		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 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		180,933
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		2,976,746
    10 Analysis of line 9:
    a Excess from 2007.... 312,426
    b Excess from 2008.... 708,706
    c Excess from 2009.... 988,101
    d Excess from 2010.... 886,337
    e Excess from 2011.... 81,176
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    G MALCOLM LAUDEN
    500 W 7TH STREET
    FORT WORTH,TX76102
    (817) 335-3741
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST OUTLINING THE USE OF FUNDS
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS MUST BE FOR AND ARE RESTRICTED TO: EDUCATION, HEALTH, PERFORMING ARTS & GENERAL WELFARE
    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
    TEXAS CHRISTIAN UNIVERSIT
    500 W 7TH STREET
    FORT WORTH,TX76102     		501(C)3   SEE ATTACHED NOTE SCHEDULE 477,220
    COOK CHILDREN'S MEDICAL
    6501 N BEACH ST
    FORT WORTH,TX76137     		501(C)3   " 28,000
    BOYS & GIRLS CLUB
    3218 E BELKNAP
    FORT WORTH,TX76111     		501(C)3   " 10,000
    CROHN'S & COLITIS FOUNDAT
    12801 N CENTRAL EXPRESSW
    DALLAS,TX75243     		501(C)3   " 5,000
    RONALD MCDONALD HOUSE
    1004 7TH AVE
    FORT WORTH,TX76104     		501(C)3   " 8,000
    CYSTIC FIBROSIS FD
    5280 TRAIL LAKE DR
    FORT WORTH,TX76133     		501(C)3   " 20,000
    ALL SAINTS HEALTH FD
    1400 8TH AVE
    FORT WORTH,TX76104     		501(C)3   " 25,000
    JEWEL CHARITY BALL
    600 BAILEY AVE
    FORT WORTH,TX76107     		501(C)3   " 15,000
    ALL CHURCH HOME
    1424 SUMMIT AVE
    FORT WORTH,TX76102     		501(C)3   " 5,000
    TEXAS BALLET THEATER
    6845 GREEN OAKS DR
    FORT WORTH,TX76116     		501(C)3   " 7,500
    BIG BROTHERS & BIG SISTER
    1400 TILLERY ST
    AUSTIN,TX78721     		501(C)3   " 73,500
    GLADNEY CENTER FOR ADOPTI
    6300 JOHN RYAN DR
    FORT WORTH,TX76132     		501(C)3   " 20,000
    TARRANT CO JUNIOR LIVESTO
    6713 TELEPHONE RD
    FORT WORTH,TX76135     		501(C)3   " 15,000
    HARRIS METHODIST HEALTH F
    6100 WESTERN PL 1001
    FORT WORTH,TX76107     		501(C)3   " 10,000
    AM DIABETES ASSN
    1701 N BEAUREGARD ST
    ALEXANDRIA,VA22311     		501(C)3   " 20,000
    THE WARM PLACE
    6501 N BEACH
    FORT WORTH,TX76137     		501(C)3   " 5,000
    ALZEIMERS ASSOC
    225 N MICHIGAN
    CHICAGI,IL60601     		501(C)3   " 10,000
    SAFE HAVEN TARRANT CO
    6815 MANHATTAN
    FORT WORTH,TX76120     		501(C)3   " 2,500
    THE PARENTING CENTER
    2928 W 5TH
    FORT WORTH,TX76107     		501(C)3   " 5,000
    CANCER CARE SERVICES
    623 S HENDERSON
    FORT WORTH,TX76104     		501(C)3   " 25,000
    AMERICAN HEART ASSN
    2630 W FREEWAY 250
    FORT WORTH,TX76102     		501(C)3   " 5,000
    MULTICULTURAL ALLIANCE
    500 W 7TH ST 1707
    FORT WORTH,TX76102     		501(C)3   " 2,000
    BETTY FORD CENTER
    39 BOB HOPE DRIVE
    RANCHO MIRAGE,CA92270     		501(C)3   " 25,000
    ALEDO ISD
    1 DEAN DRIVE
    ALEDO,TX76008     		501(C)3   " 50,000
    CAREITY FOUNDATION
    PO BOX 126038
    FORT WORTH,TX76126     		501(C)3   " 5,000
    CAMP SUMMIT
    17210 CAMPBELL RD 190
    DALLAS,TX75252     		501(C)3   " 5,000
    TARRANT AREA FOOD BANK
    2600 CULLEN ST
    FORT WORTH,TX76107     		501(C)3   " 50,000
    THE FREEDOM HOME
    PO BOX 8081
    PORT SAINT LUCIE,FL34985     		501(C)3   " 5,000
    FORT WORTH POLICE DEPT
    501 JONES ST
    FORT WORTH,TX76102     		501(C)3   " 10,000
    RB EYE FOUNDATION
    C/O 500 W 7TH STREET
    FORT WORTH,TX76102     		501(C)3   " 5,000
    A WISH FOR WINGS
    917 WEST STANFORD
    ARLINGTON,TX76012     		501(C)3   " 6,000
    KIMBELL ART MUSEUM
    333 CAMP BOWIE BLVD
    FORT WORTH,TX76107     		501(C)3   " 5,000
    ALL SAINTS EPISCOPAL
    4629 BRYCE AVE
    FORT WORTH,TX76107     		501(C)3   " 5,000
    TRINITY CHRISTIAN ASSN
    1000 BONNIE BRAE AVE
    FORT WORTH,TX76111     		501(C)3   " 25,000
    MISCELLANEOUS CHARITIES
    C/O 500 W 7TH STREET
    FORT WORTH,TX76102     		501(C)3   " 36,403
    Total .................................bullet 3a 1,026,123
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 1,056  
    4 Dividends and interest from securities....     14 171,379  
    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.....     15 243,877  
    8Gain or (loss) from sales of assets other than inventory         186,550
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aMISCELLANEOUS - LK     1 3,180  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   419,492 186,550
    13Total. Add line 12, columns (b), (d), and (e)..................
    13606,042
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 CompensationExplanation
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Person Name Explanation
    G MALCOLM LOUDEN  
    F HOWARD WALSH JR  
    GARY GOBLE  

    TY 2011 GeneralExplanationAttachment
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Identifier Return Reference Explanation
    GENERAL RETURN INFORMATION   PART XV LINE 3: THE PURPOSE OF EACH EDUCATION, HEALTH, PERFORMING ARTS, WE REQUIRE A WRITTEN REQUEST OUTLIN
    GENERAL ELECTIONS    

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1300 SHS ABOTT LABS 55,942 73,099
    1500 SHS ACCENTURE LTD 37,974 79,845
    2500 SHS ADOBE SYS 85,544 70,675
    2000 SHS AKAMAI    
    100 SHS ALCON    
    1700 SHS ALLEGHENY    
    1600 SHS ANADARKO 68,904 122,128
    400 SHS APPLE 35,030 162,000
    1300 SHS AT&T 101,509 120,960
    2000 SHS AVON PROD 63,047 34,940
    2500 SHS BANK OF NY MELLON    
    6500 SHS CBS CORP    
    1600 SHS CELGENE 91,281 108,160
    1500 SHS CH ROBINSON 85,495 104,670
    1500 SHS COCA-COLA 68,111 104,955
    1000 SHS COLGATE PALMOLIVE 25,875 92,390
    2500 SHS COVIDIEN 100,748 112,525
    2300 SHS CVS 88,090 93,794
    1600 SHS DANAHER CORP 85,553 75,264
    2400 SHS DENTSPLY 69,380 83,976
    2300 SHS DIRECT TV 51,010 98,348
    4000 DUKE ENERGY 79,939 88,000
    3100 SHS EMC CORP 84,844 66,774
    1200 SHS EMERSON ELECT 58,964 55,908
    1000 SHS EXXON MOBIL CORP 24,089 84,760
    3900 SHS GENERAL ELECTRIC 92,105 69,849
    6700 SHS GLACIER BANKCORP 94,564 80,601
    1900 HCC INS 49,392 52,250
    1500 SHS HOME DEPOT 28,182 63,060
    1848 SHS JPMORGAN CHASE & CO. 56,395 61,446
    1500 SHS KIMBERLY CLARK 78,876 110,340
    1200 KOHLS    
    3500 SHS KROGER 77,428 84,770
    1200 SHS KOHLS 47,492 59,220
    LKCM SMALL CAP EQUITY FUND 608,112 774,080
    1800 SHS NATIONAL OILWELL    
    2000 SHS NOBLE 37,451 60,440
    1700 SHS PEABODY ENERGY 57,527 56,287
    2000 SHS PEPSICO 66,000 132,700
    3000 SHS PERKINELMER 62,845 60,000
    1000 SHS PETSMART 27,208 51,290
    4800 SHS PFIZER 82,374 103,872
    1462 SHS PROCTER & GAMBLE 53,570 97,530
    2400 SHS RANGE RES 60,045 148,656
    2800 SHS ROBERT HALF 68,836 79,688
    1200 SHS SCHLUMBERGER LTD - SPINOFF 31,650 81,972
    1000 SHS SM ENERGY 38,197 73,100
    2200 SHS THERMO FISHER 71,021 98,934
    2000 SHS VERIZON 74,020 80,240
    468 SHS AMBASE CORP 8,600 8,600
    110 SHS COMMONWEALTH EDISON - EXECE 3,370 3,370
    2000 SHS DIPLOMAT ELECTRONICS 12,000 12,000
    4000 SHS HALLIBURTON CO 70,717 70,717
    200 SHS HIGHLAND INSURANCE 3,402 3,402
    1200 SHS WHIRLPOOL 92,046 56,940
    4200 SHS WESTERN UNION 68,289 76,692
    3200 SHS WILLIAMS CO 69,090 105,664
    2300 SHS DIRECT TV    
    1900 SHS HCC HOLDINGS    
    2200 SHS LAZARD LTD 82,602 82,602
    4000 SHS MASCO CORP 80,397 41,920
    2400 SHS ORACLE CORP 45,581 61,560
    4000 SHS US BANCORP 87,211 108,200

    TY 2011 InvestmentsOtherSchedule2
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WALSH HOLDINGS, LTD AT COST 120,502 120,502
    MINERAL INTERESTS AT COST 10 10
    COLUMBIA FUNDS AT COST 283,115 262,171
    PIMCO FUNDS AT COST 258,877 232,766
    THORNBURG INTL FUND AT COST 109,194 112,678
    EATON VANCE FUND AT COST 386,345 410,663
    ISHARES FTSE AT COST    
    ARTIO INTL FUND AT COST    
    LAZARD FUND AT COST 383,050 427,364
    POWERSHARES INDIA AT COST    
    COLUMBIA GOV RESERVES AT COST 149,555 149,555
    MFS EMERGING MKT DRBT FD AT COST 628,000 629,246
    ISHARES AUSTRALIA AT COST 103,586 105,056
    ISHARES MSCI INDEX AT COST 100,760 106,400
    ISHARES MSCI MEXICO AT COST 50,829 56,448
    ISHARES MSCI SO AFRICA AT COST 49,738 53,742
    ISHARES MSCI ASIA AT COST 59,772 46,657

    TY 2011 LandEtcSchedule2
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 4,627 4,627    


    TY 2011 OtherAssetsSchedule
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID TAXES 8,936    


    TY 2011 OtherExpensesSchedule
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    ADMINISTRATIVE EXPENSE 30,004 30,004    
    OTHER BANK FEES 22,124 22,124    


    TY 2011 OtherIncomeSchedule2
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    LK - SEC 1231 INCOME 632 632  
    PARTNERSHIP GAIN/LOSS -2,281 -2,281  
    FROM WALSH HOLDINGS K-1 68,822 68,822  
    XTO ENERGY 176,704 176,704  
    MISCELLANEOUS - LK 3,180    


    TY 2011 OtherIncreasesSchedule
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Description Amount
    ADJUSTMENT FOR TAX EXPENSES/PREPAID 49,414


    TY 2011 TaxesSchedule
    Name:
    THE WALSH FOUNDATION
    EIN: 75-6021726
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PRODUCTION TAX 20,785 20,785    
    FOREIGN TAX 5,300 5,300