Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
THE MOREY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 374   Room/suite
City or town, state, and ZIP code
WINN, MI48896
A Employer identification number

38-2965346
B Telephone number (see page 10 of the instructions)

(989) 866-2381
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$32,580,066J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,881
2 Check bullet
3 Interest on savings and temporary cash investments 293,943 294,382 294,382
4 Dividends and interest from securities...... 491,806 486,695 486,695
5a Gross rents.............. 100,307 100,307 100,307
b Net rental income or (loss) 25,376
6a Net gain or (loss) from sale of assets not on line 10 -240,284
b Gross sales price for all assets on line 6a 10,570,223
7 Capital gain net income (from Part IV, line 2)...  
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)....... -176,412 -37,297 -37,297
12 Total. Add lines 1 through 11........ 472,241 844,087 844,087
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 6,000 1,500 1,500 4,500
14 Other employee salaries and wages...... 43,000     43,000
15 Pension plans, employee benefits....... 3,289     3,289
16a Legal fees (attach schedule)......... Click to see attachment 1,765 883 883 882
b Accounting fees (attach schedule)....... Click to see attachment 8,555 4,278 4,278 4,277
c Other professional fees (attach schedule).... Click to see attachment 193,103 193,103 193,103  
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 19,916 13,916 13,916  
19 Depreciation (attach schedule) and depletion... Click to see attachment 217,259    
20 Occupancy.............. 74,931 74,931 74,931  
21 Travel, conferences, and meetings....... 1,123 168 168 955
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,865     3,752
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 572,806 288,779 288,779 60,655
25 Contributions, gifts, grants paid........ 1,539,527 1,658,277
26 Total expenses and disbursements. Add lines 24 and 25 2,112,333 288,779 288,779 1,718,932
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,640,092
b Net investment income (if negative, enter -0-) 555,308
c Adjusted net income (if negative, enter -0-)... 555,308
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............... 55,889 3,712 3,712
2 Savings and temporary cash investments.......... 1,908,100 2,094,005 2,094,005
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 7,530 7,314 7,314
10a Investments—U.S. and state government obligations (attach schedule) 1,803,718 Click to see attachment1,201,941 1,317,825
b Investments—corporate stock (attach schedule)........ 15,780,932 Click to see attachment15,246,231 14,804,175
c Investments—corporate bonds (attach schedule)........ 4,664,091 Click to see attachment4,072,518 4,299,644
11 Investments—land, buildings, and equipment: basis bullet131,158
Less: accumulated depreciation (attach schedule) bullet   131,158 Click to see attachment131,158 131,158
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 4,367,835 Click to see attachment4,366,872 4,255,732
14 Land, buildings, and equipment: basis bullet8,891,895
Less: accumulated depreciation (attach schedule) bullet3,233,446 5,857,934 Click to see attachment5,658,449 5,658,449
15 Other assets (describe bullet)   Click to see attachment8,052 Click to see attachment8,052
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 34,577,187 32,790,252 32,580,066
Liabilities 17 Accounts payable and accrued expenses.......... 10,432 28,762
18 Grants payable................... 413,750 295,000
19 Deferred revenue.................. 8,333  
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).......... 432,515 323,762
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 34,144,672 32,466,490
30 Total net assets or fund balances (see page 17 of the
instructions).................... 34,144,672 32,466,490
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 34,577,187 32,790,252
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 34,144,672
2 Enter amount from Part I, line 27a..................... 2 -1,640,092
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 32,504,580
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 38,090
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 32,466,490
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 PUBLICLY TRADED SECURITIES P    
b CAPITAL LOSS FROM K-1'S P    
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 10,549,805   10,808,564 -258,759
b     140,818 -140,818
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -258,759
b       -140,818
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -379,159
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 1,744,611 27,436,192 0.063588
2009 1,588,721 24,605,238 0.064568
2008 1,803,275 29,289,268 0.061568
2007 1,631,788 33,248,702 0.049078
2006 721,649 31,066,794 0.023229
2 Total of line 1, column (d) ...................... 2 0.262031
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 0.052406
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 27,972,175
5 Multiply line 4 by line 3....................... 5 1,465,910
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,553
7 Add lines 5 and 6......................... 7 1,471,463
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,736,706
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 5,553
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 5,553
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 5,553
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 15,150
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 15,150
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 9,597
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet9,597 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)bulletMI
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    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 ofbulletLON MOREY Telephone no.bullet (989) 866-2381
    Located atbulletPO BOX 1000WINNMI ZIP+4bullet48896
    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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    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
    LON MOREYClick to see attachment PRESIDENT
    2.50     		2,000 0 0
    PO BOX 1000
    WINN,MI48896
    LARRY NOCHClick to see attachment TREASURER
    1.00     		0 0 0
    PO BOX 1000
    WINN,MI48896
    HUGO E BRAUN JRClick to see attachment SECRETARY
    1.00     		0 0 0
    PO BOX 1000
    WINN,MI48896
    TERRA LYNN BOONEClick to see attachment VP/TRUSTEE
    1.00     		2,000 0 0
    PO BOX 1000
    WINN,MI48896
    KRISTA MOREYClick to see attachment VP/TRUSTEE
    1.00     		2,000 0 0
    PO BOX 1000
    WINN,MI48896
    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
    WELLS FARGO INVESTMENT 189,445
    PO BOX 2999
    MINNEAPOLIS,MN55402
    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 GRANTS TO CULTURAL AND RECREATIONAL COMMISSION OF ISABELLA COUNTY 400,000
    2 GRANTS FOR CMU EDUCATION BUILDING FOR STUDENTS 200,000
    3 GRANTS TO HOSPICE OF CENTRAL MICHIGAN HOSPICE HOUSE 175,000
    4 GRANTS FOR MACKINAC CENTER FOR PUBLIC POLICY 170,000
    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
    26,738,132
    b
    Average of monthly cash balances.......................
    1b
    1,653,536
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    6,479
    d
    Total (add lines 1a, b, and c).........................
    1d
    28,398,147
    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
    28,398,147
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    425,972
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    27,972,175
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,398,609
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,398,609
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    5,553
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,553
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,393,056
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,393,056
    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
    1,393,056
    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
    1,718,932
    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
    17,774
    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
    1,736,706
    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
    5,553
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,731,153
    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 1,393,056
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010....... 202,733
    fTotal of lines 3a through e......... 202,733
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,736,706
    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..... 1,393,056
    e Remaining amount distributed out of corpus 343,650
    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 5 546,383
    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) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		546,383
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010.... 202,733
    e Excess from 2011.... 343,650
    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:
    LON MOREY
    PO BOX 1000
    WINN,MI48896
    (989) 866-2381
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN, ANY FORM ACCEPTABLE, APPLICATION FORM IS USED FOR SCHOLARSHIP GRANT REQUESTS
    cAny submission deadlines:
    NONE, EXCEPT APPLICATION FOR SCHOLARSHIP PROGRAM, SCHOLARSHIP APPLICATIONS ARE DUE MARCH 15
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SCHOLARSHIP: AMOUNTS PER PERSON ARE LIMITED, MUST BE CMU STUDENT
    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
    SACRED HEART ACADEMY
    316 E MICHIGAN
    316 E MICHIGAN
    MT PLEASANT,MI48858     		    TALENT SHOW 300
    BEAL CITY PUBLIC SCHOOLS
    3117 ELIAS RD
    3117 ELIAS RD
    MT PLEASANT,MI48858     		    TALENT SHOW 125
    SHEPHERD PUBLIC SCHOOLS
    100 HALL ST
    100 HALL ST
    SHEPHERD,MI48883     		    TALENT SHOW 775
    MT PLEASANT HIGH SCHOOL
    1155 S ELIZABETH
    1155 S ELIZABETH
    MT PLEASANT,MI48858     		    TALENT SHOW 675
    THE GOODROW FUND
    206 W MAPLE ST
    206 W MAPLE ST
    MT PLEASANT,MI48858     		    ANNUAL FUNDRAISER 500
    ART RESEARCH OF MID-MI
    111 E BROADWAY
    111 E BROADWAY
    MT PLEASANT,MI48858     		    FESTIVAL OF BANNERS 1,500
    JUNIOR ACHIEVEMENT OF ISABELLA
    309 E INDIAN STREET
    309 E INDIAN STREET
    MT PLEASANT,MI48858     		    OFFICE BUILDING 5,000
    MT PLEASANT COMMUNITY FOU
    306 S UNIVERSITY
    306 S UNIVERSITY
    MT PLEASANT,MI48858     		    TALENT SHOW 500
    CENTRAL MI PREGNANCY SERV
    312 W BROOMFIELD
    312 W BROOMFIELD
    MT PLEASANT,MI48858     		    TALENT SHOW 1,000
    MT PLEASANT DISCOVERY MU
    200 E BROADWAY
    200 E BROADWAY
    MT PLEASANT,MI48858     		    TALENT SHOW 500
    FRIENDS OF THE BROADWAY
    PO BOX 823
    2163 CORNERSTONE
    MT PLEASANT,MI48858     		    TALENT SHOW 1,500
    BEAL CITY PUBLIC SCHOOLS
    3117 ELIAS RD
    3117 ELIAS RD
    MT PLEASANT,MI48858     		    TALENT SHOW 500
    MT PLEASANT CHAPTER OF SPEBSQSA
    700 EDGEWOOD DR
    700 EDGEWOOD DR
    MT PLEASANT,MI48858     		    TALENT SHOW 500
    CENTRAL MICH COMM HOSP
    1221 SOUTH DRIVE
    1221 SOUTH DRIVE
    MT PLEASANT,MI48858     		    LIVE WELL WEEKEND SPONSORSHIP 1,000
    MT PLEASANT COMMUNITY FOU
    306 S UNIVERSITY
    306 S UNIVERSITY
    MT PLEASANT,MI48858     		    PILLAR SPONSORSHIP 5,000
    CENTRAL MICHIGAN UNIV
    PO BOX 187
    BUILDING 162 CMU
    MT PLEASANT,MI48859     		    TALENT SHOW 500
    CENTRAL MICHIGAN UNIV
    PO BOX 187
    BUILDING 162 CMU
    MT PLEASANT,MI48859     		    OPUS SPONSORSHIP 5,000
    SACRED HEART ACADEMY
    316 E MICHIGAN ST
    316 E MICHIGAN ST
    MT PLEASANT,MI48858     		    TALENT SHOW 5,000
    MID MICHIGAN COMMUNITY CO
    1375 S CLARE AVE
    1375 S CLARE AVE
    HARRISON,MI48625     		    ANNUAL FUNDRAISER 5,000
    MT PLEASANT HIGH SCHOOL
    1155 S ELIZABETH
    1155 S ELIZABETH
    MT PLEASANT,MI48804     		    TALENT SHOW 10,000
    MT PLEASANT AREA CHAMBER
    200 E BROADWAY
    200 E BROADWAY
    MT PLEASANT,MI48858     		    BIKE RACE 15,000
    ISABELLA COUNTY YOUTH FARM FAIR
    500 N MISSION RD
    500 N MISSION RD
    MT PLEASANT,MI48858     		    FAIR BOOK AD 200
    MT PLEASANT SUMMER FESTIV
    331 N MAIN ST
    331 N MAIN ST
    MT PLEASANT,MI48858     		    ANNUAL FUNDRAISER 1,000
    CENTRAL MICH COMM HOSP
    1221 SOUTH DRIVE
    1221 SOUTH DRIVE
    MT PLEASANT,MI48858     		    ZIPPER OPEN FUNDRAISER SPONSORSHIP 2,500
    HUMANE ANIMAL TREATMENT S
    1105 S ISABELLA RD
    1105 S ISABELLA RD
    MT PLEASANT,MI48858     		    ANNUAL FUNDRAISER 1,500
    NORTHWOOD UNIVERSITY
    4000 WHITING DRIVE
    4000 WHITINING DRIVE
    MIDLAND,MI48640     		    GOLF TOURNAMENT FUNDRAISER 1,000
    SHEPHERD PUBLIC SCHOOLS
    100 HALL ST
    100 HALL ST
    SHEPHERD,MI48883     		    MEGASTAR TRACK MEET 500
    CENTRAL MICHIGAN UNIVERSI
    PO BOX 187
    BUILDING 162 CMU
    MT PLEASANT,MI48859     		    HEALTH PROFESSIONS STUDENT ASSISTANT 500
    SHEPHERD PUBLIC SCHOOLS
    100 HALL ST
    100 HALL ST
    SHEPHERD,MI48883     		    STADIUM SEATING FUNDRAISER 1,000
    SHEPHERD PUBLIC SCHOOLS
    100 HALL ST
    100 HALL ST
    SHEPHERD,MI48883     		    TALENT SHOW 20,000
    FRIENDS OF THE BROADWAY
    PO BOX 823
    2163 CORNERSTONE
    MT PLEASANT,MI48858     		    THEATER PROGRAM PRINTING 800
    SHEPHERD PUBLIC SCHOOLS
    100 HALL ST
    100 HALL ST
    SHEPHERD,MI48883     		    YOUTH FOOTBALL PROGRAM SPONSORSHIP 100
    COMMUNITY CANCER SRVS
    PO BOX 36
    PO BOX 36
    MT PLEASANT,MI48804     		    ANNUAL FUNDRAISER 1,000
    ROLLAND TOWNSHIP
    140 MAIN ST
    140 MAIN ST
    BLANCHARD,MI49310     		    PAYDEN PARK BALL FIELDS 1,000
    ISABELLA COUNTY LIVESTOCK
    PO BOX 28
    PO BOX 28
    MT PLEASANT,MI48804     		    FAIR PURCHASES 6,484
    CARSON CITY HOSPITAL
    406 EAST ELM STREET
    406 EAST ELM STREET
    CARSON CITY,MI48811     		    FALL FUNDRAISER 500
    ART REACH OF MID-MICHIGAN
    111 E BROADWAY
    111 E BROADWAY
    MT PLEASANT,MI48858     		    ANNUAL BENEFIT AUCTION 5,000
    CULTURAL RECREATIONAL C
    PO BOX 464
    PO BOX 464
    MT PLEASANT,MI48804     		    AHAMP BOOT CAMP PROGRAM 1,000
    CENTRAL MICHIGAN UNIVERSI
    PO BOX 187
    BUILDING 162 CMU
    MT PLEASANT,MI48859     		    ANNUAL SENIOR OUTREACH 35,000
    CENTRAL MI PREGNANCY SERV
    312 W BROOMFIELD
    312 W BROOMFIELD
    MT PLEASANT,MI48858     		    ANNUAL FUNDRAISING BANQUET SPONSOR 1,000
    MT PLEASANT COMMUNITY FOU
    306 S UNIVERSITY
    306 S UNIVERSITY
    MT PLEASANT,MI48858     		    MT. PLEASANT BPA 25,000
    WINN ELEMENTARY PARENTS
    8190 CHURCH STREET
    8190 CHURCH STREET
    WINN,MI48896     		    FALL FESTIVAL FUNDRAISER 4,068
    MT PLEASANT PUBLIC SCHOO
    1155 S ELIZABETH
    1155 S ELIZABETH
    MT PLEASANT,MI48858     		    POSTER CONTEST, 3RD PLACE 1,250
    SHEPHERD PUBLIC SCHOOLS
    100 HALL STREET
    100 HALL STREET
    SHEPHERD,MI48883     		    POSTER CONTEST, 2ND PLACE 2,500
    SACRED HEART ACADEMY
    316 E MICHIGAN ST
    316 E MICHIGAN ST
    MT PLEASANT,MI48858     		    POSTER CONTEST, 1ST PLACE 5,000
    CHIPPEWA HILLS SCHOOL
    3226 ARTHUR ROAD
    3226 ARTHUR ROAD
    REMUS,MI49340     		    WRESTLING PROGRAM 500
    MT PLEAS DISCOVERY MUSE
    200 E BROADWAY
    200 E BROADWAY
    MT PLEASANT,MI48858     		    DISCOVERY MUSEUM 150,000
    GRATIOT MEDICAL CENTER
    300 E WARWICK
    300 E WARWICK
    ALMA,MI48801     		    CAPITAL CAMPAIGN 10,000
    CULTURAL RECREATIONAL C
    PO BOX 464
    PO BOX 464
    MT PLEASANT,MI48804     		    RECREATION CENTER 400,000
    MACKINAC CENTER FOR PUBLI
    PO BOX 568
    140 W MAIN ST
    MIDLAND,MI48640     		    PUBLIC POLICY 170,000
    CENTRAL MI PREGNANCY SERV
    312 W BROOMFIELD
    312 W BROOMFIELD
    MT PLEASANT,MI48858     		    CAPITAL CAMPAIGN 15,000
    ART REACH OF MID-MICHIGAN
    111 E BROADWAY
    111 E BROADWAY
    MT PLEASANT,MI48858     		    ANNUAL FUNDRAISING AUCTION 60,000
    CMCH
    1221 SOUTH DRIVE
    1221 SOUTH DRIVE
    MT PLEASANT,MI48858     		    HVAC PROJECT 150,000
    CMCH
    1221 SOUTH DRIVE
    1221 SOUTH DRIVE
    MT PLEASANT,MI48858     		    CARDIAC CENTER 150,000
    CENTRAL MICHIGAN UNIVERSI
    PO BOX 187
    BUILDING 162 CMU
    MT PLEASANT,MI48859     		    EDUCATION BUILDING 200,000
    HOSPICE OF CENTRAL MICHIG
    401 S MAIN
    401 S MAIN
    MT PLEASANT,MI48858     		    CONSTRUCTION OF HOSPICE HOUSE 175,000
    Total .................................bullet 3a 1,658,277
    bApproved for future payment
    ART REACH OF MID MI
    111 E BROADWAY
    111 E BROADWAY
    MT PLEASANT,MI48858     		    MOREY FISCAL POLICY INITIATIVE 180,000
    MACKINAC CENTER
    PO BOX 568
    PO BOX 568
    MIDLAND,MI48640     		    PUBLIC POLICY 340,000
    CENTRAL MI PREGNANCY SERV
    312 W BROOMFIELD
    312 W BROOMFIELD
    MT PLEASANT,MI48858     		    CAPITAL CAMPAIGN 15,000
    CMCH
    1221 SOUTH DRIVE
    1221 SOUTH DRIVE
    MT PLEASANT,MI48858     		    FREE CLINIC 150,000
    CENTRAL MICHIGAN UNIVERSI
    PO BOX 187
    BUILDING 162 CMU
    MT PLEASANT,MI48859     		    EDUCATION BUILDING 210,000
    GRATIOT MEDICAL CENTER
    300 E WARWICK
    300 E WARWICK
    ALMA,MI48801     		    CAPITAL CAMPAIGN 5,000
    CULTURAL RECREATIONAL C
    PO BOX 464
    PO BOX 464
    MT PLEASANT,MI48804     		    RECREATION CENTER 1,700,000
    MT PLEAS DISCOVERY MUSE
    200 E BROADWAY
    200 E BROADWAY
    MT PLEASANT,MI48858     		    DISCOVERY MUSEUM 700,000
    Total .................................bullet 3b 3,300,000
    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     14 294,382  
    4 Dividends and interest from securities....     14 486,695  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 25,376  
    6Net rental income or (loss) from personal property          
    7 Other investment income.....     14    
    8Gain or (loss) from sales of assets other than inventory     18    
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   806,453  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13806,453
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 8,555 4,278 4,278 4,277

    TY 2011 CompensationExplanation
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Person Name Explanation
    LON MOREY COMPENSATION
    LARRY NOCH  
    HUGO E BRAUN JR  
    TERRA LYNN BOONE COMPENSATION
    KRISTA MOREY COMPENSATION

    TY 2011 ContractorCompensationExpln
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Contractor Explanation
    WELLS FARGO INVESTMENT FEES

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

    TY 2011 DepreciationSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND 1996-11-04 131,158              
    BUILDING - 96 PURCHASES 1997-09-01 35,564 11,855 S/L 40.0000 889      
    11 TVS, VCRS & WALL MOUNTS 1997-08-11 8,045 8,045 S/L 6.0000        
    COPIER - LANIER 7228 1997-08-27 4,009 4,009 S/L 6.0000        
    FAX - LANIER 1110 1997-08-27 1,195 1,195 S/L 6.0000        
    11 O/H PROJECTORS 1997-09-19 2,475 2,475 S/L 6.0000        
    11 O/H PROJECTOR CARTS 1997-09-19 2,137 2,137 S/L 10.0000        
    COMPUTER CABLING 1997-10-21 29,495 29,495 S/L 5.0000        
    3 CHAIR CADY CARTS 1997-10-27 1,246 1,246 S/L 10.0000        
    4 PHONES, WALL JACKS & INSTALLATION 1997-12-10 6,373 6,373 S/L 10.0000        
    SHELVING UNITS 1997-07-09 8,876 8,876 S/L 10.0000        
    SIGN 1997-07-16 3,960 3,960 S/L 10.0000        
    INTERCOM SYSTEM 1997-07-22 14,760 14,760 S/L 7.0000        
    COUNTER CONSTRUCTION - RECEPTION 1997-08-04 4,456 4,456 S/L 10.0000        
    CUBICALS & LAMINATED SHELVES - K-ROOM 1997-08-04 1,636 1,636 S/L 10.0000        
    50 GRIP-A-STRIP SATIN - 95" 1997-07-10 2,104 2,104 S/L 10.0000        
    MINI BLINDS 1997-10-01 2,065 2,065 S/L 10.0000        
    17 USA FLAGS 24X36 1997-07-10 148 148 S/L 10.0000        
    WALL CLICK W/CALENDAR 1997-09-24 113 113 S/L 10.0000        
    FOLDING TABLE - 24X48 1997-09-24 79 79 S/L 10.0000        
    FOLDING TABLE - 30X60 1997-09-24 81 81 S/L 10.0000        
    250 FOLDING CHAIRS,DBL HNG STRAP 1997-08-20 3,355 3,355 S/L 10.0000        
    13 ZAPHYR CHAIRS 1997-09-25 1,135 1,135 S/L 10.0000        
    15 VERTIFCAL FILE FTR - NO LOCK 1997-09-25 1,372 1,372 S/L 10.0000        
    DESK, 6OX30 HONE 1997-09-25 375 375 S/L 10.0000        
    STORAGE CABINET, OCUNTER HGT 1997-07-17 160 160 S/L 10.0000        
    3 CLOCKS 1997-08-20 111 111 S/L 6.0000        
    18 CLOCKS 1997-08-26 436 436 S/L 6.0000        
    FOLDING TABLE 30X72 1997-08-26 86 86 S/L 10.0000        
    5 - MOBILE PED, FILE 1997-09-08 884 884 S/L 10.0000        
    4 ARM CHARIS GUEST BURGUNDY 1997-09-03 500 500 S/L 10.0000        
    6 OFFICE CHAIR SIDE SLED BS OAK/BLUE 1997-09-03 972 972 S/L 10.0000        
    CORNER TABLE - MED OAK 1997-09-03 100 100 S/L 10.0000        
    COFFEE TABLE 1997-09-03 125 125 S/L 10.0000        
    11 DESK DBL PEDESTAL, MED OAK 1997-09-03 2,750 2,750 S/L 10.0000        
    2 VERTICAL FILE W/LCK 1997-09-03 243 243 S/L 10.0000        
    DESK DRAWER - EXEC DESK 1997-09-03 69 69 S/L 10.0000        
    42" ROUND TABLE 1997-11-26 324 324 S/L 10.0000        
    116 OPEN FRONT / SOLID PLASTIC TOP 1997-09-23 7,946 7,946 S/L 10.0000        
    CONFERENCE TABLE - BOAT SHAPE 1997-07-24 212 212 S/L 10.0000        
    CONFERENCE TABLE, BOAT SHAPE 1997-07-24 324 324 S/L 10.0000        
    24 SWIVAL CHAIRS, SAPPHIRE/BLACK 1997-07-24 3,114 3,114 S/L 10.0000        
    40 12.5" HP BLUE 1997-09-25 1,120 1,120 S/L 10.0000        
    35 12.5" HP, CRANBERRY 1997-09-25 980 980 S/L 10.0000        
    45 13.5" HP, BLUE 1997-09-25 1,283 1,283 S/L 10.0000        
    45 13.5" HP, CRANBERRY 1997-09-25 1,283 1,283 S/L 10.0000        
    40 15.5" HP , BLUE 1997-09-25 1,240 1,240 S/L 10.0000        
    40 15.5" HP, CRAANBERRY 1997-09-25 1,240 1,240 S/L 10.0000        
    40 17.5" HP BLUE 1997-09-25 1,250 1,250 S/L 10.0000        
    40 17.5" HP CRANBERRY 1997-09-25 1,077 1,077 S/L 10.0000        
    20 - 30X48 INDAIN TEAK 3000 PED 1997-09-25 1,566 1,566 S/L 10.0000        
    20 - 30X60 INDIAN TEAK 3000 PED 1997-09-25 1,818 1,818 S/L 10.0000        
    3 - 48X72 INDIAN TEAK KIDNEY 1997-09-25 124 124 S/L 10.0000        
    33 WORKSTATIONS - 2 PERSON GRAY 30X60 TOP 1997-08-20 9,405 9,405 S/L 10.0000        
    16 - 4X10 LIGHTING MARKERS LT. GRAY 1997-08-08 6,256 6,256 S/L 6.0000        
    2 '4X6 LIGHTNING MARKER 1997-08-08 393 393 S/L 6.0000        
    3X5 LIGHTNING BOARD 1997-08-08 146 146 S/L 6.0000        
    4X5 LIGHTNING MARKER 1997-08-08 173 173 S/L 6.0000        
    32 4X6 VIN-TACK BRD 1997-08-08 2,900 2,900 S/L 10.0000        
    4 3X6 VIN-TAXK BOARD 1997-08-08 193 193 S/L 10.0000        
    SWIVEL CHAIR - BURGUNDY 1997-09-10 199 199 S/L 10.0000        
    FIRST AID COUCH 1997-07-21 235 235 S/L 10.0000        
    PLAYSTUCTURE/KIDSTOUGH PINE 4-12 YR 1997-09-24 6,259 6,259 S/L 10.0000        
    SWING 1997-09-25 921 921 S/L 10.0000        
    PLAYGROUND GYM EQUIPMENT 1997-08-27 472 472 S/L 10.0000        
    BACKSTOP 1997-09-25 885 587 S/L 20.0000 44      
    STAGE - MOVABLE 1997-12-10 3,505 3,505 S/L 10.0000        
    TREE GRATES - 8 1997-09-09 1,049 700 S/L 20.0000 52      
    TIMBER AROUND PLAYGROUND 1997-09-25 1,811 1,200 S/L 20.0000 90      
    LANDSCAPING 1997-10-01 4,585 3,038 S/L 20.0000 229      
    FENCE & POSTS 1997-11-11 702 462 S/L 20.0000 35      
    LAGOON SYSTEM 1997-12-10 143,991 94,194 S/L 20.0000 7,200      
    BUILDING - 1997 1997-09-01 1,611,034 537,011 S/L 40.0000 40,276      
    FENCINGS TRASH AREA 1997-09-25 1,190 788 S/L 20.0000 60      
    LEARS ELECT TYPEWRITER - USED 1997-09-25 199 199 S/L 10.0000        
    MICROWAVE 1997-10-21 138 138 S/L 6.0000        
    MISC. FURNITURE - LON MOREY 1997-10-21 297 297 S/L 10.0000        
    GUARD RAILS 1997-12-23 199 199 S/L 1.0000        
    MISC. LAND IMPROVEMENTS 1997-09-25 256 170 S/L 20.0000 12      
    PAPERTOWEL DISPENSER 1997-11-05 90 90 S/L 10.0000        
    2 O/H CARTS 1997-12-31 421 421 S/L 10.0000        
    VERTICAL FILES 1998-01-13 243 243 S/L 10.0000        
    MOBILE PED FILE W/ KEY (3) 1998-02-20 531 531 S/L 10.0000        
    DISPLAY RACK 1998-03-26 164 164 S/L 10.0000        
    7 BOOKCASES BKW53 1998-03-09 546 546 S/L 10.0000        
    17 BOOKCASES BKW54 1998-03-09 1,938 1,938 S/L 10.0000        
    4 BOOKCASES BKW56 1998-03-09 532 532 S/L 10.0000        
    10 E-Z FOLD TABLES TAR41 1998-03-09 7,520 7,520 S/L 10.0000        
    ALUM FRAME BOARD 1998-03-09 277 277 S/L 10.0000        
    LIT. DISPLAY RACK 1998-03-09 164 164 S/L 10.0000        
    UTILITY TABLE - MED OAK 1998-04-03 220 220 S/L 10.0000        
    DICTIONARY STAND - REVOLVING 1998-04-03 124 124 S/L 10.0000        
    90 X 36 WOOD TABLE (3) 1998-04-06 1,716 1,716 S/L 10.0000        
    60 X 36 WOOD TABLE 1998-04-06 373 373 S/L 10.0000        
    CHAIR, SWIVAL BASE 1998-03-27 103 103 S/L 10.0000        
    COOLER - 2 DOOR - SLIDING GLASS 1998-03-24 3,307 3,307 S/L 10.0000        
    FREEZER - 3 DOOR 1998-03-24 3,749 3,749 S/L 10.0000        
    SERVING COUNTER 1998-03-24 3,644 3,644 S/L 10.0000        
    8' X 30" STAINLESS STEEL WORK TABLE W/SINK 1998-03-24 1,969 1,969 S/L 10.0000        
    8'X30" STAINLESS STEEL WORK TABLE 1998-03-24 1,427 1,427 S/L 10.0000        
    3 COMPARTMENT SINK 1998-03-24 2,943 2,943 S/L 10.0000        
    DISH TABLE - STAINLESS STEEL 1998-03-24 1,661 1,661 S/L 10.0000        
    DISH TABLE - STAINLESS STEEL 1998-03-24 663 663 S/L 10.0000        
    DISHWASHER - HOBART AM-14 - CHEMICAL 1998-03-24 5,669 5,669 S/L 10.0000        
    STORAGE SHELVING - WIRE 1998-03-24 518 518 S/L 10.0000        
    36X14 WALL SHELVES (2) 1998-03-24 336 336 S/L 10.0000        
    WASTE DISPOSAL - 1 HP 1998-03-24 1,018 1,018 S/L 10.0000        
    TRAY DISPENSER CART 1998-03-24 864 864 S/L 10.0000        
    LATCH PROTECTORS (17) 1998-03-09 212 212 S/L 10.0000        
    MICROWAVES - (4) 1998-04-18 653 653 S/L 10.0000        
    TRUCK 4 SLNTED/1FLT SHF BL37 1998-03-23 290 290 S/L 10.0000        
    REFRESHMENT CENTER CABINET 1998-03-23 210 210 S/L 10.0000        
    MAPS & MOUNTING - US/POLITICAL 1998-03-26 406 406 S/L 10.0000        
    MAPS & MOUNTING - 4 MAP SET 1998-03-26 759 759 S/L 10.0000        
    CHAIRS - INDIGO (22) 1998-03-25 3,355 3,355 S/L 10.0000        
    HYDROGEOLOGICAL INVESTIGATION 1998-05-15 6,647 4,210 S/L 20.0000 332      
    LANDSCAPING 1998-06-16 1,291 807 S/L 20.0000 64      
    BECKLY - CARDY 1998-05-14 658 658 S/L 10.0000        
    25" TV ( 4) A25A2 1998-08-18 1,196 1,196 S/L 7.0000        
    4 VCRS & WALL MOUNTING EQUIP 1998-08-18 1,498 1,498 S/L 7.0000        
    24X48 FOLDING TABLE- OAK (3) 1998-08-17 201 201 S/L 10.0000        
    30X60 FOLDING TABLE 1998-08-17 370 370 S/L 10.0000        
    30X72 FOLDING TABLE 1998-08-17 158 158 S/L 10.0000        
    4 DRAWER FILE CABINET (2) 1998-08-14 292 292 S/L 10.0000        
    PORTABLE BASKET BALL HOOPS (2) 1998-08-31 760 760 S/L 10.0000        
    PLUMBING 1998-08-31 900 278 S/L 40.0000 22      
    AWNING UPGRADE 1998-08-20 1,726 532 S/L 40.0000 43      
    LANDSCAPING 1998-08-15 250 155 S/L 20.0000 12      
    LAND IMPR - DALE MUELLER 1998-08-31 800 493 S/L 20.0000 40      
    12 GAL WASTEBASKETS (20) 1998-07-29 470 470 S/L 10.0000        
    CARTS- TUFFY MOBILE BLUE (3) 1998-08-03 287 287 S/L 10.0000        
    NEW SWITCHES & EXHAUT FANS 1998-10-19 1,525 1,525 S/L 10.0000        
    KITCHEN OUTLETS 1998-11-24 125 38 S/L 40.0000 3      
    WATER SOFTENER 1998-11-11 3,772 3,772 S/L 10.0000        
    SHELVING/COUNTER TOPS 1998-12-09 739 739 S/L 10.0000        
    12X16 STORAGE SHED 1998-12-23 1,346 404 S/L 40.0000 33      
    PHASE MONITOR FOR PUMP 1999-03-10 231 68 S/L 40.0000 6      
    ELECTRIC WORK 1999-02-25 198 59 S/L 40.0000 5      
    OXYGEN METER 1999-02-19 199 199 S/L 10.0000        
    EQUIPMENT SCHOOL BECKLEY 1999-04-07 385 385 S/L 10.0000        
    FURNITURE SCHOOL BECKLEY CARDY 1999-04-07 7,489 7,489 S/L 10.0000        
    4 GYM PADS 1999-04-19 612 612 S/L 10.0000        
    TABLES 1999-06-11 608 608 S/L 10.0000        
    CHAIR 1999-06-11 139 139 S/L 10.0000        
    5 WORKSTATIONS 1999-06-11 1,945 1,945 S/L 10.0000        
    2 PANELS 1999-06-11 258 258 S/L 10.0000        
    LOCK ACCESS UNIT 1999-06-25 1,907 1,907 S/L 10.0000        
    CYLINDERS KEY SYSTEM 1999-06-25 904 904 S/L 10.0000        
    WOOD & PAINT GYM 1999-04-29 169 169 S/L 10.0000        
    KEYS FOR KEYED SWITCHES 1999-05-21 33 33 S/L 10.0000        
    5 COMFORTASK CHAIRS 1999-04-27 490 490 S/L 10.0000        
    COMPUTER EQUIMENT 1999-09-03 18,077 18,077 S/L 5.0000        
    10 COMFORT TASK CHAIRS 1999-08-18 980 980 S/L 10.0000        
    5 WORKSTATIONS 72X30X29.5 1999-08-18 1,945 1,945 S/L 10.0000        
    MULTI-TASK CHAIR 1999-08-18 135 135 S/L 10.0000        
    FILING CABINET 1999-11-05 115 115 S/L 10.0000        
    CHAIRS 1999-10-28 1,463 1,463 S/L 10.0000        
    5 PANELS 1999-11-05 645 645 S/L 10.0000        
    30 DESKS 1999-11-18 1,808 1,808 S/L 10.0000        
    WATER SOFTENER 2000-07-01 11,302 2,967 S/L 40.0000 282      
    SEED 1999-12-31 6,653 3,659 S/L 20.0000 333      
    SIGN 2000-03-20 4,705 4,705 S/L 10.0000        
    COMPUTER DESKS & CONNECTION PIECES 2000-07-19 6,272 6,272 S/L 10.0000        
    88 17 1/2" COMBO UNIT 2000-08-15 6,455 6,455 S/L 10.0000        
    2 48"X72" KIDNEY TABLE 2000-08-15 278 278 S/L 10.0000        
    120 LECTURE DESK - ADJ HT 2000-08-15 7,328 7,328 S/L 10.0000        
    110 17 1/2" STACKING CHAIRS 2000-08-15 3,618 3,618 S/L 10.0000        
    50 15 1/2" STUDENT CHAIR 2000-08-15 1,614 1,614 S/L 10.0000        
    30 17 1/2" SCHOLAR CRAFT CHAIR - NAVY 2000-08-15 806 806 S/L 10.0000        
    18 ULTRA STAR TEACHER CHAIR 2000-08-15 1,180 1,180 S/L 10.0000        
    10 24"X60" RECT TABLE W/ PEDISTAL BASE 2000-08-15 806 806 S/L 10.0000        
    36"X72" WALNUT RACE TRACK CONFERENCE TABLE 2000-09-08 368 368 S/L 10.0000        
    8 30"X60" FOLDING TABLE 2000-09-08 1,330 1,330 S/L 10.0000        
    12 30"X72" MITY-LITE TABLE 2000-09-08 2,082 2,082 S/L 10.0000        
    4 UNDER DESK KEYBOARD DRAWER 2000-09-08 192 192 S/L 10.0000        
    4 MOBILE CPU STANDS 2000-09-08 104 104 S/L 10.0000        
    2 FILE COMPRESSORS 2000-09-08 89 89 S/L 10.0000        
    FILE PEDESTAL 2000-09-08 227 227 S/L 10.0000        
    BOX FILE PEDESTAL 2000-09-08 241 241 S/L 10.0000        
    2 CENTER DRAWERS 2000-09-08 137 137 S/L 10.0000        
    5 FLAT BRACKETS 2000-09-08 60 60 S/L 10.0000        
    FILE MOBILE PEDESTAL 2000-09-08 232 232 S/L 10.0000        
    BOX FILE MOBILE PEDESTAL 2000-09-08 504 504 S/L 10.0000        
    36X24 WORKTABLE 2000-09-08 211 211 S/L 10.0000        
    24X72 WORKTABLE 2000-09-08 246 246 S/L 10.0000        
    60X24 WORKTABLE 2000-09-08 334 334 S/L 10.0000        
    CORNER WORKSTATION 2000-09-08 349 349 S/L 10.0000        
    48X24 WORKTABLE 2000-09-08 223 223 S/L 10.0000        
    26 - 4 DRAWER LETTER FILE W/LOCK 2000-09-08 3,835 3,835 S/L 10.0000        
    3 - 4 DRAWER LEGAL FILE W/ LOCK 2000-09-08 501 501 S/L 10.0000        
    17 30X60 DBL PEDESTAL DESK 2000-09-08 4,376 4,376 S/L 10.0000        
    30 X 48 SINGL EPEDESTAL DESK 2000-09-08 193 193 S/L 10.0000        
    48 STACK CHAIR - BLACK FRAME GRADE 1 FABRIC 2000-09-20 1,485 1,485 S/L 10.0000        
    44 TASK CHAIRS 2000-09-20 4,202 4,202 S/L 10.0000        
    JLG PERSONNEL LIFT 09000 2000-09-29 3,500 3,500 S/L 10.0000        
    CABINET - MED OAK 2501E 2000-09-21 590 590 S/L 10.0000        
    4 PERSON MODIFIED QUAD 2000-09-21 6,675 6,675 S/L 10.0000        
    18 PERSON MODIFIED QUAD 2000-09-21 24,000 24,000 S/L 10.0000        
    3 CABINETS - MED OAK 40076 2000-09-21 1,797 1,797 S/L 10.0000        
    2 POLY CHAIR CADDY 2000-09-20 189 189 S/L 10.0000        
    4 64X30X74 HANGING CHAIR CADDIE - 2 LEVEL 2000-09-20 1,054 1,054 S/L 10.0000        
    15' BENCH W/O BACK - WALL MOUNT 2000-08-15 255 255 S/L 10.0000        
    4 - 8' PLAYER BENCH W/BACK 2000-08-15 1,180 1,180 S/L 10.0000        
    15' PLAYER BENCH W/BACK 2000-08-15 579 579 S/L 10.0000        
    4 32 GAL LITTER RECEPTACLE 2000-08-15 552 552 S/L 10.0000        
    4 32 GAL RIGID PLASTIC LINER 2000-08-15 64 64 S/L 10.0000        
    32 GAL DOME TOP W/CHAIN W/ MOUNTINGS 2000-08-15 272 272 S/L 10.0000        
    2 ADA ACCESSIBLE ROUND TABLE 2000-08-15 1,008 1,008 S/L 10.0000        
    33 25" - 27" TV WALL MOUNTS 2000-08-10 2,969 2,969 S/L 10.0000        
    33 VCR/DVD BRACKETS 2000-08-10 988 988 S/L 10.0000        
    SEEDING 2000-08-17 1,274 658 S/L 20.0000 64      
    TOPSOIL 2000-08-14 1,920 1,000 S/L 20.0000 96      
    INITIAL BUILIDNG CONSTRUCTION 2000-07-01 5,881,264 1,543,832 S/L 40.0000 147,031      
    SIGN LIGHTING 2000-10-11 1,710 1,710 S/L 10.0000        
    5 GUEST CHAIRS 2000-11-08 978 978 S/L 10.0000        
    2 TASK CHAIRS 2000-11-08 373 373 S/L 10.0000        
    CORNER TABLE 28X28 2000-11-08 90 90 S/L 10.0000        
    4 DRAWER LETTER FILE W/LOCK 2000-11-08 359 359 S/L 10.0000        
    STEEL BOOKCASE 2000-11-08 254 254 S/L 10.0000        
    2 FLAT BRACKET FOR 24" 2000-11-08 25 25 S/L 10.0000        
    HON CORNER TABLE 2000-11-08 329 329 S/L 10.0000        
    PENINSULA TOP 72X32 2000-11-08 194 194 S/L 10.0000        
    42X24 COMPUTER TABLE 2000-11-08 225 225 S/L 10.0000        
    6 TASK CHAIRS 2000-11-08 591 591 S/L 10.0000        
    2 MID BACK TASK CHAIR 2000-11-08 821 821 S/L 10.0000        
    60X24 DESK 2000-11-08 250 250 S/L 10.0000        
    SUPPORT COLUMN 2000-11-08 74 74 S/L 10.0000        
    CORNER COUNTER 2000-11-08 173 173 S/L 10.0000        
    STRAIGHT COUNTER TOP 49X15 2000-11-08 114 114 S/L 10.0000        
    END OF RUN KIT 2000-11-08 6 6 S/L 10.0000        
    3 90-180 DEGREE CONNECTOR 2000-11-08 36 36 S/L 10.0000        
    WALL MOUNT 2000-11-08 14 14 S/L 10.0000        
    2 31X42 NON-RACEWAY PANEL 2000-11-08 225 225 S/L 10.0000        
    49X42 NON-RACEWAY PANEL 2000-11-08 154 154 S/L 10.0000        
    62X42 NON-RACEWAY PANEL 2000-11-08 183 183 S/L 10.0000        
    2 CENTER DRAWER 2000-11-08 119 119 S/L 10.0000        
    HON CORNER TABLE 2000-11-08 329 329 S/L 10.0000        
    4 GUEST ARM CHAIR-GRADE 4 FABRIC 2000-11-08 786 786 S/L 10.0000        
    60 18" STOOL 2000-11-08 2,348 2,348 S/L 10.0000        
    24 24"STOOL 2000-11-08 947 947 S/L 10.0000        
    2 HON TABLE-48X24 2000-11-08 512 512 S/L 10.0000        
    3 HON MOBILE PEDESTAL FILE BOX/BOX/FILE 2000-11-08 498 498 S/L 10.0000        
    3 HON MOBILE PEDESTAL FILE-FILE/FILE 2000-11-08 498 498 S/L 10.0000        
    2 MASTER KEY 2000-11-08 10 10 S/L 10.0000        
    12 WASTEBASKET STEEL BEIGE 44 QT. CAPACITY 2000-11-08 168 168 S/L 10.0000        
    KEY SYSTEM 2000-10-11 4,633 1,187 S/L 40.0000 116      
    BACKSTOP ELEM FIELD/FENCE PE FIELD 2000-10-20 13,919 7,075 S/L 20.0000 696      
    DELL, ALL IN WONDER 128PCI 32MB -ITEM223741 2000-12-19 12,621 12,621 S/L 5.0000        
    DELL 733MHZ/133 -ITEM2206619(INV.XXX-XX-XXXX) 2000-12-19 4,516 4,516 S/L 5.0000        
    DELL 733MHZ/133 -ITEM2206619(INV.XXX-XX-XXXX) 2000-12-19 53,432 53,432 S/L 5.0000        
    DELL 733MHZ/133 -ITEM2206619(INV.XXX-XX-XXXX) 2000-12-19 24,109 24,109 S/L 5.0000        
    DELL 733MHZ/133 -ITEM2206619(INV.XXX-XX-XXXX) 2000-12-19 5,825 5,825 S/L 5.0000        
    DELL 733MHZ/133 -ITEM2206619(INV.XXX-XX-XXXX) 2000-12-19 1,485 1,485 S/L 5.0000        
    DELL, ALL IN WONDER -ITEM465123 2000-12-19 369 369 S/L 5.0000        
    DELL, MOL-5.0 ACAD -ITEM522481 2000-12-19 499 499 S/L 5.0000        
    DELL POWEREDGE 440 BASE 2000-12-19 8,012 8,012 S/L 5.0000        
    24 ZENITH 2000-10-05 6,216 6,216 S/L 10.0000        
    23 ALG 401 ZENITH ALAGRO 2000-10-05 2,507 2,507 S/L 10.0000        
    WHIRLPOOL FRIG & ICEMAKER 2000-10-05 525 525 S/L 10.0000        
    PACER 30 3-MOTOR UPRIGHT 2000-11-27 1,688 1,688 S/L 10.0000        
    20" AUTO SCRUBBER 2000-11-27 2,995 2,995 S/L 10.0000        
    2 MARSHALL 14" 2-MOTOR VAC 2000-11-27 853 853 S/L 10.0000        
    CX3 CARPET SPOT EXTRACTOR 2000-11-27 549 549 S/L 10.0000        
    STRAIGHT COUNTER TOP 62X15 2000-11-08 118 118 S/L 10.0000        
    INITIAL BLDG CONSTRUCTION 2000-10-11 219,472 56,240 S/L 40.0000 5,487      
    PAXTON/PATTERSON COMPUTER SOFTWARE 2000-09-20 67,570 67,570 S/L 4.0000        
    A/P VISUAL ENTITIES 2000-12-01 3,557 3,557 S/L 10.0000        
    COSTS TO COMPLETE 2001-01-31 20,576 5,101 S/L 40.0000 515      
    LAND - SCHOOL 1996-11-04 32,789              
    UNDERGROUND METER 2001-01-12 10,567 2,642 S/L 40.0000 264      
    PENISULA, HGM LAM, PAINT 2001-01-20 631 626 S/L 10.0000 5      
    30X60 HPL TOP/PVC EDGE 2001-01-02 2,261 2,261 S/L 10.0000        
    WASTEBASKETS 2001-01-02 360 360 S/L 10.0000        
    PENCIL SHARPENER, 6HOLE 2001-01-04 451 451 S/L 10.0000        
    4 SINGLE SEAT LOUNGE 2001-01-09 1,282 1,282 S/L 10.0000        
    WOOD OAK SQUARE END TABLE 2001-01-09 274 274 S/L 10.0000        
    1 WOOD OAK SQUARE END 2001-01-09 277 277 S/L 10.0000        
    45 SLED BASE OAK ARMLESS CHAIR 2001-01-09 6,212 6,212 S/L 10.0000        
    SLED BASE LOUNGE COUCH 2001-01-09 698 698 S/L 10.0000        
    LIBRARY FURNITURE-SPECIAL 2001-01-08 19,230 19,230 S/L 10.0000        
    40 SURGE PROTECTORS 2001-01-30 386 383 S/L 10.0000 3      
    A/P AMER FURNITURE 2001-01-20 14,978 14,853 S/L 10.0000 125      
    A/P - HIGH SMITH FURNITURE 2001-02-13 3,830 3,798 S/L 10.0000 32      
    A/P HIGHSMITH FURN 2001-01-09 274 274 S/L 10.0000        
    4 LASER PRINTERS 2001-05-09 3,658 3,658 S/L 5.0000        
    1 LASER PRINTER 2001-05-09 415 415 S/L 5.0000        
    COSTS TO COMPLETE 2001-06-08 65,000 15,972 S/L 39.0000 1,667      
    LANDSCAPING 2001-06-19 4,704 2,235 S/L 20.0000 235      
    CARPET SHAMPOOER 2002-02-08 190 190 S/L 7.0000        
    SIGN 2002-02-25 833 833 S/L 7.0000        
    SIGN 2002-07-17 1,667 1,403 S/L 10.0000 167      
    LOCKERS 2003-12-08 5,040 3,570 S/L 10.0000 504      
    RED OAK DOORS 2004-03-29 1,070 722 S/L 10.0000 107      
    POTTERY KILN 2005-08-16 3,608 1,924 S/L 10.0000 361      
    OPTIPLEX GX520 MINITOWER PENTIUM (14 ) 2005-08-31 13,607 13,607 S/L 5.0000        
    COMPUTER SYSTEM UPGRADE 2005-09-15 32,790 32,790 S/L 5.0000        
    APPLE EMAC POWERPC 2005-08-31 1,036 1,036 S/L 5.0000        
    OWEN'S WATER CONDITIONING SYSTEM 2007-08-06 56,590 19,335 S/L 10.0000 5,659      
    ASSMAN'S CARPET & FLOORING 2007-09-13 29,834 9,945 S/L 10.0000 2,983      
    DELL OFFICE COMPUTER 2007-04-03 2,559 960 S/L 10.0000 255      
    OWEN'S SOFT WATER EXPANSION TANKS 2009-09-28 4,000 500 S/L 10.0000 400      
    ELECTRIC METER - BLOCK 2010-09-13 875 29 S/L 10.0000 88      
    PARKING LOT GATE 2010-11-29 1,893 16 S/L 10.0000 189      
    CARPET - PERCHA PAINT & WALLPAPER 2011-12-15 17,774   S/L 10.0000 148      

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 4,072,518 4,299,644

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STOCKS AND MUTUAL FUNDS 15,246,231 14,804,175
    DIVERSIFIED STRATEGY HEDGE FUND    

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    US Government Securities - End of Year Book Value:

    1,201,941
    US Government Securities - End of Year Fair Market Value:

    1,317,825
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 InvestmentsLandSchedule2
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LAND - RENTAL 131,158   131,158 131,158

    TY 2011 InvestmentsOtherSchedule2
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    COMPLEMENTARY STRATEGIES AT COST 1,905,095 1,765,548
    REAL ASSETS AT COST 2,461,777 2,490,184

    TY 2011 LandEtcSchedule2
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FIXED ASSETS 8,859,106 3,233,446 5,625,660 5,625,660
    LAND - SCHOOL 32,789   32,789 32,789


    TY 2011 LegalFeesSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT LEGAL FEES 1,765      


    TY 2011 OtherAssetsSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FEDERAL EXCISE TAX RECEIVABLE   8,052 8,052


    TY 2011 OtherDecreasesSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Description Amount
    PRIOR YEAR FEDERAL EXCISE TAX 38,090


    TY 2011 OtherExpensesSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    FEES, LICENSES & PERMITS 150     150
    MISC. 48      
    PROGRAM EXPENSES 3,587     3,522
    SUPPLIES 80     80


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT SERVICES 193,103 193,103 193,103  


    TY 2011 TaxesSchedule
    Name:
    THE MOREY FOUNDATION
    EIN: 38-2965346
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 6,000      
    TAXES - OTHER 13,916 13,916 13,916