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
LOCKERLY ARBORETUM FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)1534 IRWINTON ROAD   Room/suite
City or town, state, and ZIP code
Milledgeville, GA31061
A Employer identification number

58-1078686
B Telephone number (see page 10 of the instructions)

C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$6,480,417J 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) 56,739
2 Check bullet
3 Interest on savings and temporary cash investments 7,017 7,017 7,017
4 Dividends and interest from securities...... 118,441 118,441 118,441
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 214,383
b Gross sales price for all assets on line 6a 3,982,971
7 Capital gain net income (from Part IV, line 2)... 214,383
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 114,994 88,867 88,867
12 Total. Add lines 1 through 11........ 511,574 428,708 214,325
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 68,250     68,250
14 Other employee salaries and wages...... 121,195     121,195
15 Pension plans, employee benefits....... 6,090     6,090
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,250     9,250
c Other professional fees (attach schedule).... Click to see attachment 33,526 33,526 33,526  
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 19,809     19,809
19 Depreciation (attach schedule) and depletion... Click to see attachment 66,900    
20 Occupancy.............. 36,666     36,666
21 Travel, conferences, and meetings.......        
22 Printing and publications.......... 1,473     1,473
23 Other expenses (attach schedule)....... Click to see attachment 124,010     124,010
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 487,169 33,526 33,526 386,743
25 Contributions, gifts, grants paid........ 0 0
26 Total expenses and disbursements. Add lines 24 and 25 487,169 33,526 33,526 386,743
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 24,405
b Net investment income (if negative, enter -0-) 395,182
c Adjusted net income (if negative, enter -0-)... 180,799
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.......... 285,708 241,489 241,489
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,034 Click to see attachment600 692
b Investments—corporate stock (attach schedule)........ 984,527 Click to see attachment726,598 399,721
c Investments—corporate bonds (attach schedule)........ 100,000    
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 5,237,570 Click to see attachment5,812,545 5,838,515
14 Land, buildings, and equipment: basis bullet2,146,956
Less: accumulated depreciation (attach schedule) bullet916,564 1,383,871 1,230,392  
15 Other assets (describe bullet) 800 Click to see attachment2,407  
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,993,510 8,014,031 6,480,417
Liabilities 17 Accounts payable and accrued expenses.......... 3,884  
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).......... 3,884 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 7,773,469 7,740,158
25 Temporarily restricted................ 63,157 120,873
26 Permanently restricted................ 153,000 153,000
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 7,989,626 8,014,031
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 7,993,510 8,014,031
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 7,989,626
2 Enter amount from Part I, line 27a..................... 2 24,405
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 8,014,031
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 8,014,031
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 WILKINSON COUNTY PROPERTY D 1983-12-31 2011-09-23
b ALLIANCEBERNSTEIN EQUITY INC ADV CL P 2011-06-15 2011-12-27
c MFS VAL FUND CL I P 2010-08-04 2011-06-01
d PRINCIPAL FDS INC MC BLD FD INTL P 2011-06-15 2011-12-27
e SEI DAILY INCOME TR INTR DUR GV A P 2010-08-04 2011-04-08
SEI DAILY INCOME TR INTR DUR GV A P 2010-12-27 2011-04-08
SCOUT FDS CORE PLFD INST P 2011-04-27 2011-06-15
SCOUT FDS CORE PLFD INST P 2011-04-27 2011-12-28
VANGUARD BD INDEX FD INC LT PTF P 2010-08-04 2011-05-03
VANGUARD BD INDEX FD INC LT PTF P 2010-08-05 2011-05-03
VANGUARD BD INDEX FD INC LT PTF P 2010-12-27 2011-05-03
VANGUARD ST FEDERAL ADMIRAL P 2011-05-25 2011-12-27
WELLS FARGO FDS TR ADV GROWTH ADM P 2011-06-15 2011-12-27
AIM GROWTH SER INVSC MD CR INST P 2009-09-28 2011-06-01
AIM GROWTH SER INVSC MD CR INST P 2009-10-21 2011-06-01
AIM GROWTH SER INVSC MD CR INST P 2009-10-28 2011-06-01
AIM GROWTH SER INVSC MD CR INST P 2009-12-29 2011-06-01
AMERICAN EUROPACIFIC P 2002-06-26 2011-06-15
FEDERATED USG P 2007-09-20 2011-05-03
FIDELITY CONTRAFUND INC COM P 2006-09-28 2011-12-27
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-01-24
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-02-25
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-03-24
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-04-25
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-05-24
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-06-23
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-07-25
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-08-25
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-09-23
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-10-24
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-11-28
GNMA 946 10 PERCENT DUE MARCH 20 18 P 1988-07-21 2011-12-28
ISHARES RUSSELL 1000 VAL IDX P 2006-11-13 2011-12-27
ISHARES RUSSELL 1000 VAL IDX P 2007-03-01 2011-12-27
MFS VAL FUND CL I P 2009-09-28 2011-06-01
MFS VAL FUND CL I P 2009-10-21 2011-06-01
MFS VAL FUND CL I P 2009-11-02 2011-06-01
MFS VAL FUND CL I P 2009-12-29 2011-06-01
MAINSTAY MAP FND CLA A P 2009-09-28 2011-06-15
MAINSTAY MAP FND CLA A P 2009-09-28 2011-12-27
MAINSTAY MAP FND CLA A P 2009-10-21 2011-12-27
MAINSTAY MAP FND CLA A P 2009-11-02 2011-12-27
MANNING & NAPIER FD INC NEW PROBL P 2009-09-28 2011-06-15
MANNING & NAPIER FD INC NEW PROBL P 2009-09-28 2011-12-27
MANNING & NAPIER FD INC NEW PROBL P 2009-10-21 2011-12-27
MANNING & NAPIER FD INC NEW PROBL P 2009-11-02 2011-12-27
NUVEEN INVT FDS INC RLTEST SEC I P 2009-09-28 2011-06-15
PIMCO FDS PAC INVT MGMT SER TTL RET P 2009-08-18 2011-06-15
PIMCO FDS PAC INVT MGMT SER TTL RET P 2009-08-18 2011-12-28
T ROWE PRICE GROWTH STOCK FD P 2005-06-28 2011-06-11
T ROWE PRICE GROWTH STOCK FD P 2008-03-25 2011-06-01
T ROWE PRICE GROWTH STOCK FD P 2008-12-29 2011-06-01
T ROWE PRICE GROWTH STOCK FD P 2009-09-28 2011-06-01
T ROWE PRICE GROWTH STOCK FD P 2009-10-21 2011-06-01
T ROWE PRICE GROWTH STOCK FD P 2009-12-29 2011-06-01
SEI DAILY INCOME TR INTR DUR GV A P 2009-08-18 2011-04-08
SEI DAILY INCOME TR INTR DUR GV A P 2009-09-28 2011-04-08
SEI DAILY INCOME TR INTR DUR GV A P 2009-10-21 2011-04-08
SEI DAILY INCOME TR INTR DUR GV A P 2009-12-29 2011-04-08
SEARS ROEBUCK ACCT P 2003-02-10 2011-02-01
VANGUARD BD INDEX FD INC GT PTF P 2009-09-28 2011-05-03
VANGUARD BD INDEX FD INC GT PTF P 2009-10-21 2011-05-03
VANGUARD ST FEDERAL ADMIRAL P 2009-09-28 2011-12-27
VANGUARD ST FEDERAL ADMIRAL P 2009-10-21 2011-12-27
WASATCH FDS INC 1ST INCM EQTY P 2009-09-28 2011-12-27
WASATCH FDS INC 1ST INCM EQTY P 2009-10-21 2011-12-27
WASATCH FDS INC 1ST INCM EQTY P 2009-11-02 2011-12-27
WASATCH FDS INC 1ST INCM EQTY P 2009-12-29 2011-12-27
WESTPORT FDS WESTPORT FD I P 2009-09-28 2011-06-15
WESTPORT FDS WESTPORT FD I P 2009-09-28 2011-12-28
WESTPORT FDS WESTPORT FD I P 2009-10-21 2011-12-28
WESTPORT FDS WESTPORT FD I P 2009-10-28 2011-12-28
FEDERATED USG P 2008-03-25 2011-05-03
FEDERATED USG P 2009-09-28 2011-05-03
FEDERATED USG P 2009-10-20 2011-05-03
FEDERATED USG P 2009-12-29 2011-05-03
(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 60,296   111,200 -50,904
b 29,000   29,910 -910
c 7,028   6,100 928
d 152,000   160,718 -8,718
e 9,665   10,000 -335
54,192   54,000 192
13,000   12,858 142
33,000   32,927 73
55,807   57,000 -1,193
158,948   163,000 -4,052
39,719   39,000 719
37,307   37,000 307
149,000   147,719 1,281
65,139   52,350 12,789
112,133   92,000 20,133
252,414   200,000 52,414
64,372   55,000 9,372
7,000   4,241 2,759
80,027   75,000 5,027
131,000   128,568 2,432
10   10  
10   10  
10   10  
10   10  
177   177  
9   9  
9   9  
9   9  
9   9  
164   164  
8   8  
8   8  
150,125   188,136 -38,011
54,440   69,792 -15,352
49,090   41,000 8,090
61,648   52,000 9,648
36,685   30,000 6,685
20,629   18,000 2,629
7,000   5,876 1,124
41,271   36,124 5,147
58,768   52,000 6,768
35,269   30,000 5,269
6,000   5,048 952
34,182   31,001 3,181
56,518   52,000 4,518
34,164   30,000 4,164
39,000   27,451 11,549
8,500   8,238 262
32,000   31,557 443
75,944   60,233 15,711
18,911   17,000 1,911
155,957   87,000 68,957
40,954   31,000 9,954
41,059   32,000 9,059
10,868   9,000 1,868
447,222   450,000 -2,778
18,193   18,500 -307
22,758   23,000 -242
106,704   105,000 1,704
100,000   100,000  
5,025   5,000 25
78,485   77,000 1,485
46,957   47,000 -43
59,890   60,000 -110
45,216   41,000 4,216
56,228   52,000 4,228
33,614   30,000 3,614
17,706   17,000 706
19,000   14,679 4,321
13,106   10,214 2,892
115,205   92,000 23,205
12,689   9,715 2,974
126,721   125,000 1,721
11,849   12,000 -151
14,811   15,000 -189
51,130   51,000 130
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       -50,904
b       -910
c       928
d       -8,718
e       -335
      192
      142
      73
      -1,193
      -4,052
      719
      307
      1,281
      12,789
      20,133
      52,414
      9,372
      2,759
      5,027
      2,432
       
       
       
       
       
       
       
       
       
       
       
       
      -38,011
      -15,352
      8,090
      9,648
      6,685
      2,629
      1,124
      5,147
      6,768
      5,269
      952
      3,181
      4,518
      4,164
      11,549
      262
      443
      15,711
      1,911
      68,957
      9,954
      9,059
      1,868
      -2,778
      -307
      -242
      1,704
       
      25
      1,485
      -43
      -110
      4,216
      4,228
      3,614
      706
      4,321
      2,892
      23,205
      2,974
      1,721
      -151
      -189
      130
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 2 214,383
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 -11,566
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      
2009      
2008      
2007      
2006      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5 0
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7 0
8 Enter qualifying distributions from Part XII, line 4.............. 8  
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: 1997-04-21(attach copy of letter if necessary–see instructions)
b 1 N/A
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  
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 0
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a  
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  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet   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
     
    No
    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)bulletNJ
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.Click to see attachment
    10
    Yes
     
    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 addressbullet  
    14
    The books are in care ofbulletJAMES M GRANT CPA PC Telephone no.bullet (478) 452-2111
    Located atbullet1641 N JEFFERSON STREETMilledgevilleGA ZIP+4bullet31061
    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
     
    No
    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
    KATHY CHANDLER TRUSTEE
    2     		0 0 0
    627 W HIGHWAY 49 W
    Milledgeville,GA31061
    CAROL MCRAE TRUSTEE
    2     		0 0 0
    216 NW COMMODORE DRIVE
    Milledgeville,GA31061
    JOE MANGUM VICE PRESIDENT
    2     		0 0 0
    193 PANCRAS ROAD SE
    Milledgeville,GA31061
    MONICA WEBB PRESIDENT
    2     		0 0 0
    131 LAKECREST DRIVE NE
    MILLEDGEVILLE,GA31061
    ROBERT CULBERSON TREASURER
    2     		0 0 0
    107 LIVE OAK LANE NE
    Milledgeville,GA31061
    DAVID EVANS TRUSTEE
    2     		0 0 0
    108 RIVER LAKE CIRCLE
    Eatonton,GA31024
    GEORGE HOGAN SR TRUSTEE
    2     		0 0 0
    PO BOX 72
    Milledgeville,GA31059
    EDDIE LIPSCOMB TRUSTEE
    2     		0 0 0
    110 INDUSTRIAL PARK DR
    Milledgeville,GA31061
    JAMES MARSHALL TRUSTEE
    2     		0 0 0
    104 CHURCH STREET
    Eatonton,GA31024
    JACKIE NELSON TRUSTEE
    2     		0 0 0
    PO BOX 671
    Hardwick,GA31034
    JAMES GARNER EXECUTIVE DIREC
    40     		68,250 2,048 0
    107 HUDSON ROAD
    Eatonton,GA31024
    SHERRILL JONES SECRETARY
    2     		0 0 0
    293 W LAKEVIEW DRIVE
    MILLEDGEVILLE,GA31061
    DR STEVEN M FORTIER TRUSTEE
    2     		0 0 0
    420 TWIN LAKES DRIVE
    GRAY,GA31032
    JAN FLYNN TRUSTEE
    2     		0 0 0
    101 CHERRY COVE
    Eatonton,GA31024
    DOUG OETTER TRUSTEE
    2     		0 0 0
    315 TERRELL HALL BOX 047
    Milledgeville,GA31061
    JONI SMITH TRUSTEE
    2     		0 0 0
    153 P A JOHNS ROAD
    Milledgeville,GA31061
    BRUCE VAUGHN TRUSTEE
    2     		0 0 0
    127 EXECUTIVE PARKWAY
    Milledgeville,GA31061
    AL WOODS TRUSTEE
    2     		0 0 0
    111 W CHURCH STREET
    Sandersville,GA31082
    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 1
    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 ACQUIRE MAINTAIN OPERATING ASSETS OF AN ARBORETUM 0
    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 NA 0
    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
    6,398,453
    b
    Average of monthly cash balances.......................
    1b
    315,941
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,714,394
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,714,394
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    100,716
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,613,678
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    330,684
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
     
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
     
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    386,743
    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
    386,743
    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
    386,743
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 386,743
    a Applied to 2010, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount.....  
    e Remaining amount distributed out of corpus 386,743
    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 5 386,743
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		386,743
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011.... 386,743
    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
    1986-03-15
    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
    330,684 88,034 115,782 210,357 744,857
    b 85% of line 2a ......... 281,081 74,829 98,415 178,803 633,128
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		386,743 369,438 516,659 618,700 1,891,540
    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 ....     		386,743 369,438 516,659 618,700 1,891,540
    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...     		220,456 206,798 195,147 231,708 854,109
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    Total .................................bullet 3a  
    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 7,017  
    4 Dividends and interest from securities....     14 118,441  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory          
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aST CAPITAL GAIN DIST     18 37,663  
    bLT CAPITAL GAIN DIST     18 51,203  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   214,324  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13214,324
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    LOCKERLY ARBORETUM FOUNDATION
     
    Employer identification number

    58-1078686
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    LOCKERLY ARBORETUM FOUNDATION
          		Employer identification number

    58-1078686
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    EJ GRASSMAN TRUST    
    PO BOX 4470
       
    Warren, NJ   07059

    		$16,500




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

         
     
       

    		$  




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

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    LOCKERLY ARBORETUM FOUNDATION
          		Employer identification number

    58-1078686
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    LOCKERLY ARBORETUM FOUNDATION
          		Employer identification number

    58-1078686
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2011 AccountingFeesSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT FEES 1,750 0 0 1,750
    ACCOUNTING FEES 7,500 0 0 7,500

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

    TY 2011 DepreciationSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    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
    MACHINERY & EQUIPMENT 1982-12-31 26,773 32,770            
    BUILDINGS 1982-12-31 22,311 22,311            
    IMPROVEMENTS 1982-12-31 88,134 88,134            
    SPRINKLER SYSTEM 1979-07-01 12,481 12,481 SL 20        
    NATURE TRAIL 1983-07-01 720 720 SL 20        
    2 WOODEN BUILDINGS 1983-07-01 1,300 1,300 SL 20        
    OBSERVATION PLATFORM 1983-07-01 1,400 1,400 SL 20        
    RENOVATION-MAINT COST 1983-07-01 1,200 1,200 SL 20        
    GREENHOUSE 1983-07-01 25,683 25,683 SL 20        
    JD TRACTOR & MOWER 1990-03-07 12,653 12,653 SL 10        
    COMPUTER SYSTEM 1993-07-01 4,244 4,244 SL 10        
    EQUIPMENT 1994-04-21 460 460 SL 10        
    TRUCK 1996-07-30 6,500 6,500 SL 5        
    COMPUTER EQUIPMENT 1996-08-01 11,908 11,908 SL 3        
    CHAIN SAW 1997-05-31 382 382 SL 5        
    KEE MOWER 1997-12-22 697 697 SL 5        
    BUILDING-LOCKERLY HALL 1998-09-30 339,300 106,575 SL 256.4 % 8,700      
    FURNISHINGS-LOCKERLY HALL 1998-09-30 364,460 223,232 SL 500 % 18,223      
    APPL & EQ-LOCKERLY HALL 1998-09-30 86,676 86,676 SL 10        
    FURNITURE-LOCKERLY HALL 1999-04-29 94,800 55,300 SL 500 % 4,740      
    FURNITURE-LOCKERLY HALL 2000-02-18 4,740 2,567 SL 500 % 237      
    FURNITURE-LOCKERLY HALL 2000-02-23 2,274 1,235 SL 500 % 114      
    MOWER 2000-06-21 2,825 2,825 SL 10        
    DAM 2000-12-27 13,314 6,765 SL 500 % 666      
    3 PIANO COVERS 2001-07-31 3,325 1,563 SL 500 % 166      
    DAM & ROADS-WORLEY 2001-01-01 30,000 15,000 SL 500 % 1,500      
    3 PANEL PRINTINGS 2001-03-31 7,000 3,413 SL 500 % 350      
    DOCK-WORLEY 2001-03-31 1,100 536 SL 500 % 55      
    TRANSFORMERS ETC-WORLEY 2001-07-31 30,000 14,125 SL 500 % 1,500      
    DAM & ROADS-WORLEY 2001-06-30 15,000 7,125 SL 500 % 750      
    WELLPUMPINSTALL-WORLEY 2001-06-30 5,195 2,470 SL 500 % 260      
    JOHN DEERE MOWER 2002-04-26 12,125 10,508 SL 1000 % 1,212      
    HAND RAILS 2003-11-30 450 169 SL 500 % 22      
    DR CHIPPER 2003-12-22 2,344 2,344 MACR 3        
    1984 FORD F150 2003-12-31 3,800 3,800 MACR 3        
    ARBORETUM IMPROVEMENTS 2003-12-31 4,034 1,515 SL 500 % 202      
    PARLOR GRAND PIANO 2003-12-31 6,500 2,275 SL 500 % 325      
    WORLEY CENTER IMPROVEMENT 2003-12-31 117,003 43,875 SL 500 % 5,850      
    BARN RENOVATION 2008-01-01 19,754 2,613 SL 500 % 988      
    COMPUTER 2007-05-31 6,222 4,358 SL 2000 % 1,244      
    JOHN DEERE UTILITY VEH 2007-08-09 2,525 2,070 SL 2000 % 455      
    COMPUTER 2007-09-04 1,293 902 SL 2000 % 259      
    SAGE SOFTWARE 2007-10-30 7,840 4,965 SL 2000 % 1,568      
    KUBOTA TRACTOR AND BUCKET 2008-07-30 19,725 5,142 SL 1000 % 1,972      
    LAND 1983-12-31 600,572   NDA          
    PHILADELPHIA CLASSIC SOFA 2008-11-04 16,500 3,850 SL 1000 % 1,650      
    IMPROVEMENTS - PAINT 2008-11-04 950 205 SL 1000 % 95      
    WASTE CONTAINER 2008-12-23 275 56 SL 1000 % 27      
    HVAC UNIT 2009-12-30 1,600 160 SL 1000 % 160      
    2 COMPUTERS 2009-12-30 500 100 SL 2000 % 100      
    2 PROJECTOR SCREENS 2009-12-31 300 60 SL 2000 % 60      
    6 BRASS STANCHIONS 2009-12-30 600 120 SL 2000 % 120      
    4 VELVET & BRASS ROPES 2009-12-30 120 24 SL 2000 % 24      
    6 PLASTIC STANCHIONS 2009-12-30 200 40 SL 2000 % 40      
    LOCKERLY HALL IMPROVEMENT 2009-02-11 7,020 673 SL 500 % 351      
    PARKING AREA RENOVATION 2009-01-26 12,950 1,242 SL 500 % 647      
    VACUUM CLEANER 2009-07-27 400 113 SL 2000 % 80      
    08 GMC SIERRA HD PICKUP 2009-07-31 22,000 4,400 SL 3333.3 % 7,333      
    KUBOTA 27 HP 60 PRO DECK 2010-07-28 13,872 694 SL 1000 % 1,387      
    WALKWAYPICNIC TABLE IMPR 2010-01-01 14,622 731 SL 1000 % 1,462      
    SIGN-ANNE KING FEATURE 2010-09-20 565 57 SL 2000 % 113      
    ENTRANCE CONSTRUCTION 2010-01-01 5,556 278 SL 1000 % 556      
    HVAC INSTALLATION 2010-08-16 1,500 75 SL 1000 % 150      
    LAND-WILKINSON CO 1983-12-31 111,200   NDA          
    LAND-PRIDE RCR CUTTER ADJ 2011-02-22 2,607   SL 500 % 130      
    ROADWAY RESURFACING 2011-06-30 4,927   SL 333.3 % 164      
    GROUNDS ACCESS - WALKWAY 2011-09-13 3,000   SL 333.3 % 100      
    LAND-PRIDE RCR 1860 ROTAR 2011-01-05 1,595   SL 500 % 80      
    LAND-PRIDE BB157 BOX BLAD 2011-01-05 895   SL 500 % 45      
    STIHL HT101 POLE SAW 2011-01-05 600   SL 500 % 30      
    KUBOTA BH92 BACK HOE 2011-01-05 8,850   SL 500 % 443      
    5X8 UTILITY TRAILER 2011-01-20 1,020   SL 500 % 51      
    BED EDGER 2011-02-14 2,889   SL 500 % 144      

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Name of Bond End of Year Book Value End of Year Fair Market Value
    SEARS ROEBUCK ACCEPTANCE 7%    

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ISHARES TR S&P 500 INDEX 291,489 245,244
    ISHARES MSCI EAFE INDEX 233,286 143,637
    ISHARES RUSSELL 1000 VAL INDEX    
    FREDDIE MAC 8375 NON-CUM 101,635 5,320
    FANNIE MAE 825 100,188 5,520

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


    600
    State & Local Government Securities - End of Year Fair Market Value:


    692


    TY 2011 InvestmentsOtherSchedule2
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIDELITY CONTRAFUND INC   145,785 197,512
    T ROWE PRICE GROWTH STOCK FD      
    WELLS FARGO FDS TR ADV GROWTH ADM   195,281 195,609
    MAINSTAY MAP FND CLA A      
    MANNING & NAPIER FD INC NEW PROBL      
    OPPENHEIMER DEVELOPING MKTS CL Y   292,600 274,058
    MANNING & NAPIER FD INC NEW WORLD   226,000 186,761
    AMERICAN EUROPACIFIC   548,496 486,014
    FEDERATED USG 2-5 INSTL      
    VANGUARD ST FEDERAL ADMIRAL      
    LORD ABBET INVT TR SH DURA INCM I   348,000 341,974
    THORNBURG INVT TR LTD INC FD I   300,000 300,227
    STERLING CAP FDS SC EQ INC INSTNL   128,000 128,173
    FIRST AMERN INVT FDS INC REAL EST      
    MFS VAL FUND CL I      
    WASATCH FDS INC 1ST INCM EQTY      
    ALLIANCEBERNSTEIN EQ INC ADV CL   133,090 128,383
    COLUMBIA FDS SER TR II MASS DIV OPP   514,000 518,526
    AIM GROWTH SER INVSC MD CR INST      
    PRINCIPAL FDS INC MC BLD FD INTL   319,282 300,410
    WESTPORT FDS WESTPORT FD I   246,286 308,780
    PIMCO FDS PAC INVT MGMT SER TOT RET   636,927 644,257
    SEI DAILY INCOME TR INTR DUR GV A      
    SCOUT FDS CORE PLFD INST   647,215 646,334
    VANGUARD BD INDEX FD INC LONG TERM      
    DELAWARE GROUP INCOME FDS IN DEL EX   325,000 335,350
    NUVEEN INVT FDS INC RLTEST SEC I   283,583 319,980
    AIM INV FDS INVSC SMLC INST   257,000 258,748
    DREYFUS LAUREL FDS INC TAX MNG GRW   133,000 133,750
    WEITZ FDS PTR III OP INSTL   133,000 133,669

    TY 2011 OtherAssetsSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID   1,607  
    UTILITY DEPOSITS 800 800  


    TY 2011 OtherExpensesSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CAPITAL PROJECTS 12,533 0 0 12,533
    RESTRICTED EXPENSES 21,220 0 0 21,220
    INSURANCE 16,614 0 0 16,614
    ARBORETUM DEVELOPMENT 36,645 0 0 36,645
    OFFICE SUPPLIES 1,614 0 0 1,614
    CONTRACT CLEANING AND LABOR 10,567 0 0 10,567
    TECHNOLOGY 4,381 0 0 4,381
    BOARD AND VOLUNTEER EXP 1,724 0 0 1,724
    OTHER OFFICE ADMIN EXPENSES 321 0 0 321
    SPECIAL EVENTS 18,391 0 0 18,391


    TY 2011 OtherIncomeSchedule2
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    PROGRAMS AND SPECIAL EVENTS 26,127 0 0
    CAPITAL GAIN DISTRIBUTIONS 88,867 88,867 88,867


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MGMT FEES 33,526 33,526 33,526 0


    TY 2011 SubstantialContributorsSch
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Name Address
    EJ GRASSMAN TRUST PO BOX 4470
    Warren,NJ07059


    TY 2011 TaxesSchedule
    Name:
    LOCKERLY ARBORETUM FOUNDATION
    EIN: 58-1078686
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 19,809 0 0 19,809