TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2011

For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011

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

Amended returnAddress changeName change

Name of foundation
THE MARILYN AND MEL LARSON
FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 50654 Room/suite

City or town, state, and ZIP code
HENDERSON, NV890160654

A Employer identification number

86-0872049

B Telephone number (see page 10 of the instructions)

(702) 270-2341

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

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

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

$1,806,797J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	4,773		4,773
4	Dividends and interest from securities......	10,564		10,530
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		23,149
b	Gross sales price for all assets on line 6a 270,878
7	Capital gain net income (from Part IV, line 2)...			23,149
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).......
12	Total. Add lines 1 through 11........	38,486		38,452
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		450	450
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....		7,546	7,546
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		1,401	1,401
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	9,397		9,397	0
25	Contributions, gifts, grants paid........	5,000			5,000
26	Total expenses and disbursements. Add lines 24 and 25	14,397		9,397	5,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	24,089
b	Net investment income (if negative, enter -0-)			29,055
c	Adjusted net income (if negative, enter -0-)...

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

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	16,681	18,212	18,212
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	433,362	412,512	460,389
	c	Investments—corporate bonds (attach schedule)........	64,188	104,994	110,029
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	1,213,489	1,217,116	1,218,167
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	1,727,720	1,752,834	1,806,797
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................	1,727,720	1,752,834
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	1,727,720	1,752,834
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	1,727,720	1,752,834

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	1,727,720
2	Enter amount from Part I, line 27a.....................	2	24,089
3	Other increases not included in line 2 (itemize)	3	1,025
4	Add lines 1, 2, and 3..........................	4	1,752,834
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	1,752,834

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	ADVISORS SER TR PIA BBB	P	2007-02-21	2011-02-07
b	ADVISORS SER TR PIA BBB	P	2008-02-21	2011-08-17
c	AARONS INC	P	2010-09-28	2011-08-17
d	ASAHI KAISEI CORP ADR	P	2006-11-01	2011-10-12
e	BANCO SANTANDER CENT F	P	2009-03-16	2011-09-07
	CMS ENERGY CORP	P	2009-06-01	2011-02-07
	CHURCH & DWIGHT INC	P	2010-09-28	2011-09-23
	CENTRAL JAPAN RAILWAYADR	P	2009-03-16	2011-05-06
	CONSTELLATION BRANDS -A	P	2010-10-25	2011-06-21
	DRIL-QUIP INC	P	2010-09-28	2011-02-25
	FOMENTO ECONOMICO MEX SA	P	2010-03-16	2011-08-24
	GOOGLE INC CL A	P	2009-02-09	2011-02-07
	INTEL CORP	P	2009-03-02	2011-05-09
	LKQ CORP	P	2010-09-28	2011-02-25
	MARATHON PETROLEUM CORP	P	2009-01-20	2011-07-01
	MICROSOFT CORP	P	2008-02-28	2011-02-07
	MTN GROUP LTD-SPONS ADR	P	2010-08-27	2011-02-25
	PARKER HANNIFIN CORP	P	2010-06-01	2011-08-22
	RAYTHEON COMPANY	P	2009-01-20	2011-02-07
	SANOFI ADR	P	2011-09-09	2011-12-22
	STATOIL ASA	P	2008-04-29	2011-03-30
	TARGET CORP	P	2011-01-11	2011-08-08
	ULTA SALON COSMTCS & FRG	P	2010-09-28	2011-08-11
	WAL-MART STORES INC	P	2009-03-12	2011-02-28
	FHLMC 4.875% 11/15/13	P	2011-08-11	2011-12-06
	UST NOTES 4.625%08/31/11	P	2010-08-04	2011-03-23
	ADVISORS SER TR PIA BBB	P	2007-02-21	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-03-04	2011-08-17
	AARONS INC	P	2010-09-29	2011-08-17
	ASTRAZENECA PLC SPON ADR	P	2009-11-10	2011-02-25
	BANCO SANTANDER CENT F	P	2011-02-25	2011-09-07
	CAPITAL ONE FINL CORP	P	2010-04-05	2011-02-07
	CISCO SYS INC	P	2008-02-08	2011-02-07
	CHUO MITSUI TR HOLDINGS	P	2011-03-16	2011-04-01
	CONSTELLATION BRANDS -A	P	2010-12-02	2011-06-21
	EATON CORP	P	2010-02-03	2011-06-06
	FOMENTO ECONOMICO MEX SA	P	2010-03-16	2011-12-21
	GRACO INCORPORATED COM	P	2010-09-28	2011-02-25
	INTL PAPER CO	P	2009-08-31	2011-01-18
	LKQ CORP	P	2010-09-28	2011-11-15
	MARATHON PETROLEUM CORP	P	2009-03-12	2011-07-01
	MICROSOFT CORP	P	2008-02-28	2011-12-12
	NABORS INDUSTRIES LTD	P	2009-11-25	2011-02-07
	PEPSICO INCORPORATED	P	2009-01-20	2011-01-24
	REXAM PLC-SPONSORED ADR	P	2006-11-03	2011-02-25
	SARA LEE CORP	P	2010-06-21	2011-02-07
	STATOIL ASA	P	2009-03-16	2011-03-30
	TELEFONICA SA	P	2008-07-09	2011-02-25
	UMPQUA HLDGS CORP	P	2010-09-28	2011-02-25
	WELLS FARGO COMPANY	P	2009-05-18	2011-02-07
	GENERAL 5.875% 01/14/38	P	2008-05-21	2011-02-07
	UST NOTES 4.625%08/31/11	P	2011-03-03	2011-03-23
	ADVISORS SER TR PIA BBB	P	2007-03-02	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-04-02	2011-08-17
	ACUITY BRANDS INC	P	2010-09-28	2011-02-25
	ASTRAZENECA PLC SPON ADR	P	2009-11-10	2011-03-16
	BANCO BILBAO VIZCAYA ADR	P	2010-09-17	2011-09-14
	CARDINAL HEALTH INC	P	2009-12-29	2011-10-03
	CISCO SYS INC	P	2008-02-08	2011-09-06
	COMCAST CORP NEW CL A	P	2010-06-28	2011-02-07
	COPART INC	P	2010-09-28	2011-02-25
	EATON CORP	P	2010-02-05	2011-06-06
	FOREST CITY ENTERPRISE	P	2010-09-28	2011-02-25
	GREENHILL & CO INC	P	2010-09-28	2011-07-18
	INTL PAPER CO	P	2009-08-31	2011-02-07
	LAFARGE COPPEE	P	2006-11-03	2011-02-25
	MARATHON PETROLEUM CORP	P	2009-07-06	2011-07-01
	MICROSOFT CORP	P	2009-03-12	2011-12-12
	NAT AUS BK LTD SPADR NEW	P	2009-02-03	2011-02-25
	PEPSICO INCORPORATED	P	2009-03-12	2011-01-24
	ROFIN-SINAR TECHNOLOGIES	P	2010-09-28	2011-02-25
	SARA LEE CORP	P	2010-06-21	2011-12-05
	STATOIL ASA	P	2009-04-27	2011-03-30
	TELEFONICA SA	P	2008-07-09	2011-03-04
	UNITEDHEALTH GROUP	P	2009-03-02	2011-05-09
	WESTERN UNION CO	P	2010-11-01	2011-02-07
	GOLDMAN 6.15% 04/01/18	P	2008-04-08	2011-06-20
	ADVISORS SER TR PIA BBB	P	2007-04-03	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-04-30	2011-08-17
	AFFILIATED MANAGERS	P	2010-09-28	2011-01-20
	AXA-ADR	P	2009-03-16	2011-02-25
	BANK OF CHINA-UNSPON ADR	P	2010-10-25	2011-02-25
	CARLISLE COMPANIES INC	P	2010-09-28	2011-02-25
	CISCO SYS INC	P	2009-03-12	2011-09-06
	COMCAST CORP NEW CL A	P	2010-06-28	2011-05-09
	CREDIT SUISSE GROUP F	P	2010-06-01	2011-02-25
	REED ELSEVIER NV SPN ADR	P	2006-11-03	2011-02-25
	FOREST CITY ENTERPRISE	P	2010-09-28	2011-06-15
	GREENHILL & CO INC	P	2011-03-15	2011-07-18
	JACOBS ENGINEERNG GROUP	P	2010-09-28	2011-02-25
	LAFARGE COPPEE	P	2007-07-20	2011-08-01
	MARATHON PETROLEUM CORP	P	2009-01-20	2011-07-06
	MITSUBISHI CORP ADR	P	2006-11-01	2011-02-25
	NETEASE.COM INC	P	2009-12-01	2011-02-25
	PETROLEO BRASILEIRO - SA	P	2011-02-04	2011-02-25
	ROFIN-SINAR TECHNOLOGIES	P	2010-09-28	2011-08-11
	SARA LEE CORP	P	2010-06-22	2011-12-05
	STERICYCLE INC	P	2010-09-28	2011-02-04
	TELEFONICA SA	P	2008-07-09	2011-03-09
	VALMONT INDS INC	P	2010-09-28	2011-02-25
	WILLIAMS COMPANIES INC	P	2010-07-12	2011-02-07
	GOLDMAN 6.15% 04/01/18	P	2008-11-18	2011-06-20
	ADVISORS SER TR PIA BBB	P	2007-05-02	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-05-30	2011-08-17
	AFFILIATED MANAGERS	P	2010-09-28	2011-02-25
	AXA-ADR	P	2009-03-16	2011-09-13
	BANK OF CHINA-UNSPON ADR	P	2010-10-25	2011-11-23
	CARMAX INC	P	2010-09-28	2011-02-25
	CITIGROUP INC	P	2010-06-28	2011-02-07
	COMPANHIA PARANAENSE DE	P	2009-04-27	2011-02-25
	DBS GROUP HOLDINGS F	P	2006-11-03	2011-02-25
	ENI S P A	P	2005-02-02	2011-02-02
	FUJI HEAVY INDS LTD ADR	P	2011-03-16	2011-09-15
	HCC INS HLDGS INC	P	2010-09-28	2011-02-25
	JOHN WILEY & SONS INC CL	P	2010-09-28	2011-02-25
	LAFARGE COPPEE	P	2009-03-16	2011-08-01
	MARATHON PETROLEUM CORP	P	2009-03-12	2011-07-06
	MORNINGSTAR INC	P	2010-09-29	2011-02-25
	NETEASE.COM INC	P	2009-12-01	2011-07-27
	POPSTNL N V SPON ADR	P	2005-12-07	2011-06-02
	ROLLS ROYCE GROUP S A	P	2008-08-04	2011-02-25
	ROYAL DUTCH SHELL ADR B	P	2010-05-14	2011-02-25
	TJX COS INC NEW	P	2009-12-14	2011-02-07
	TELEFONICA SA	P	2009-04-27	2011-03-09
	VALMONT INDS INC	P	2010-09-28	2011-08-12
	WILLIAMS COMPANIES INC	P	2010-07-12	2011-07-11
	GOLDMAN 6.15% 04/01/18	P	2011-03-03	2011-06-20
	ADVISORS SER TR PIA BBB	P	2007-06-04	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-06-30	2011-08-17
	AFFILIATED MANAGERS	P	2010-09-28	2011-04-15
	AXA-ADR	P	2010-10-07	2011-09-13
	BANK OF CHINA-UNSPON ADR	P	2011-05-05	2011-11-23
	CENTURYLINK INC	P	2009-01-20	2011-04-01
	CITIGROUP INC NEW	P	2011-05-06	2011-05-06
	COMPANHIA PARANAENSE DE	P	2009-04-27	2011-03-14
	DBS GROUP HOLDINGS F	P	2009-03-16	2011-05-05
	ENI S P A	P	2009-03-16	2011-02-02
	FUJI HEAVY INDS LTD ADR	P	2011-03-18	2011-09-15
	HANNOVER RUEC ADR	P	2006-11-03	2011-02-25
	JOHN WILEY & SONS INC CL	P	2010-09-29	2011-02-25
	LAFARGE COPPEE	P	2009-04-27	2011-08-01
	MARATHON PETROLEUM CORP	P	2009-07-06	2011-07-06
	MORNINGSTAR INC	P	2010-09-30	2011-02-25
	NETEASE.COM INC	P	2010-04-14	2011-07-27
	POPSTNL N V SPON ADR	P	2006-09-21	2011-06-02
	ROLLS ROYCE HOLDING PLC	P	2008-08-04	2011-12-21
	SECOM LTD ADR	P	2009-10-06	2011-02-25
	TJX COS INC NEW	P	2009-12-14	2011-02-28
	TELENOR ASA-ADS	P	2007-07-17	2011-02-25
	VARIAN MEDICAL SYSTEMS	P	2009-03-03	2011-02-25
	WILLIAMS COMPANIES INC	P	2010-08-16	2011-07-11
	UST BD 5.375% 02/15/2031	P	2007-08-21	2011-02-03
	ADVISORS SER TR PIA BBB	P	2007-07-03	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-07-31	2011-08-17
	ALLIANZ SE-ADR	P	2006-11-01	2011-02-25
	BASF SE SPONSORED ADR	P	2006-11-01	2011-02-25
	BIG LOTS INC	P	2010-01-04	2011-01-03
	CENTURYLINK INC	P	2009-03-12	2011-04-01
	CITIGROUP INC NEW	P	2010-06-28	2011-07-05
	COMPANHIA PARANAENSE DE	P	2009-04-27	2011-08-30
	DELL INC	P	2011-02-07	2011-02-07
	FACTSET RESERACH SYS INC	P	2010-09-28	2011-02-25
	FUJITSU LTD ADR NEW	P	2010-03-31	2011-02-25
	HENRY SCHEIN INC	P	2010-09-28	2011-02-25
	BAE SYSTEMS PLACE	P	2009-05-21	2011-02-25
	LAFARGE COPPEE	P	2009-04-27	2011-08-02
	MARKEL CORP	P	2010-09-28	2011-02-25
	MORNINGSTAR INC	P	2010-09-30	2011-08-25
	NEWS CORP INC-CL A	P	2010-07-12	2011-02-07
	POPSTNL N V SPON ADR	P	2009-03-16	2011-06-02
	ROSS STORES INC	P	2010-01-25	2011-03-21
	SECOM LTD ADR	P	2009-10-06	2011-06-01
	TJX COS INC NEW	P	2009-12-15	2011-02-28
	TITANIUM METALS CORP NEW	P	2010-06-07	2011-02-07
	VERISK ANALYTICS INC A	P	2011-02-16	2011-02-25
	XSTRATA PLC -ADR	P	2010-04-16	2011-02-25
	UST BD 5.375% 02/15/2031	P	2010-06-29	2011-02-03
	ADVISORS SER TR PIA BBB	P	2007-08-02	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-08-29	2011-08-17
	ALTERA CORPORATION	P	2010-11-08	2011-02-07
	BASF SE SPONSORED ADR	P	2006-11-01	2011-03-16
	BIG LOTS INC	P	2010-03-05	2011-01-03
	CENTURYLINK INC	P	2009-05-26	2011-04-01
	CITIGROUP INC NEW	P	2010-06-28	2011-08-08
	CA INC	P	2009-01-20	2011-02-07
	DENTSPLY INTL INC NEW	P	2010-09-28	2011-02-25
	FAIR ISAAC INC	P	2010-09-28	2011-02-25
	FUJITSU LTD ADR NEW	P	2010-04-09	2011-02-25
	JACK HENRY & ASSOC INC	P	2010-09-28	2011-02-25
	BAE SYSTEMS PLACE	P	2009-05-21	2011-03-16
	LAFARGE COPPEE	P	2010-08-11	2011-08-02
	MARKEL CORP	P	2010-09-28	2011-08-22
	IHS INC CL A	P	2010-09-28	2011-02-25
	NEWS CORP INC-CL A	P	2010-07-26	2011-02-07
	PROCTER & GAMBLE CO	P	2009-01-20	2011-02-07
	ROWAN COMPANIES INC	P	2009-08-17	2011-01-18
	SECOM LTD ADR	P	2009-11-16	2011-06-01
	TNT EXPRESS NV ADR	P	2011-06-01	2011-07-05
	TITANIUM METALS CORP NEW	P	2010-06-07	2011-05-02
	VERIZON COMMUNICATIONS	P	2009-01-20	2011-02-07
	ZURICH FINANCIAL SVCS	P	2005-12-21	2011-02-25
	UST BOND 6% 2/15/26	P	2011-03-03	2011-03-15
	ADVISORS SER TR PIA BBB	P	2007-08-22	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-09-30	2011-08-17
	ALTERA CORPORATION	P	2010-11-08	2011-10-31
	BG GROUP PLC F	P	2010-06-17	2011-02-25
	BIO RAD LABS A	P	2010-09-28	2011-02-25
	CENTURYLINK INC	P	2011-03-01	2011-04-01
	CITIGROUP INC NEW	P	2010-07-26	2011-08-08
	CA INC	P	2009-01-20	2011-05-02
	DENTSPLY INTL INC NEW	P	2010-09-29	2011-02-25
	FIFTH THIRD BANCORP	P	2010-08-02	2011-02-07
	GAP INC	P	2009-01-20	2011-02-07
	ROCHE HOLDINGS LTD ADR	P	2009-06-16	2011-02-25
	BAE SYSTEMS PLACE	P	2009-05-21	2011-03-17
	LIMITED BRANDS INC	P	2010-05-03	2011-02-07
	MEADWESTVACO CORP	P	2010-02-22	2011-02-07
	IHS INC CL A	P	2010-09-28	2011-04-19
	NEWS CORP INC-CL A	P	2010-07-27	2011-02-07
	PRUDENTIAL PLC	P	2006-11-03	2011-02-25
	ROWAN COMPANIES INC	P	2009-08-18	2011-01-18
	SMITH & NEPHEW PLC ADR	P	2010-12-02	2011-02-25
	TNT EXPRESS NV ADR	P	2011-06-01	2011-07-06
	TITANIUM METALS CORP NEW	P	2010-06-08	2011-05-02
	VERIZON COMMUNICATIONS	P	2009-01-20	2011-10-03
	UST NTS 1.375% 031512	P	2009-07-28	2011-09-23
	UST BOND 6% 2/15/26	P	2011-03-03	2011-04-12
	ADVISORS SER TR PIA BBB	P	2007-09-05	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-10-31	2011-08-17
	ALTERA CORPORATION	P	2010-11-09	2011-10-31
	BG GROUP PLC F	P	2010-06-17	2011-04-01
	BORG WARNER INC	P	2010-09-28	2011-02-16
	CENTURYLINK INC	P	2009-01-20	2011-04-04
	CITIGROUP INC NEW	P	2010-07-27	2011-08-08
	CA INC	P	2009-03-12	2011-05-02
	DEUTSCHE LUFTHANSA A G	P	2008-04-02	2011-02-25
	FIFTH THIRD BANCORP	P	2010-08-02	2011-05-02
	GAP INC	P	2009-01-20	2011-02-28
	HUNT J B TRANS SVC INC	P	2010-11-30	2011-02-25
	BAE SYSTEMS PLACE	P	2009-11-06	2011-03-17
	LIMITED BRANDS INC	P	2010-05-03	2011-05-09
	MEDIASET SPA SPON ADR	P	2008-05-21	2011-02-02
	MOTOROLA MOBILITY HLDGS	P	2010-09-07	2011-01-04
	NOVARTIS AG	P	2009-05-04	2011-02-25
	QWEST COMMUNICATIONS	P	2009-01-20	2011-02-07
	SEI INVTS CO	P	2010-09-28	2011-02-25
	SOCIETE GEN FR SPON ADR	P	2010-10-22	2011-02-25
	TALISMAN ENERGY INC	P	2006-11-01	2011-01-20
	TITANIUM METALS CORP NEW	P	2011-03-01	2011-05-02
	VERIZON COMMUNICATIONS	P	2009-03-12	2011-10-03
	UST NTS 1.375% 031512	P	2011-03-03	2011-09-23
	UST NTS 4.375% 8/15/12	P	2008-08-11	2011-10-04
	ADVISORS SER TR PIA BBB	P	2007-10-02	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-11-26	2011-08-17
	AMETEK INC	P	2010-09-28	2011-02-25
	BG GROUP PLC F	P	2010-06-17	2011-10-19
	BORG WARNER INC	P	2010-09-28	2011-02-25
	CENTURYLINK INC	P	2009-03-12	2011-04-04
	CITIGROUP INC NEW	P	2011-03-01	2011-08-08
	CA INC	P	2009-08-31	2011-05-02
	DEUTSCHE LUFTHANSA A G	P	2008-04-02	2011-03-16
	FIFTH THIRD BANCORP	P	2010-08-03	2011-05-02
	GAP INC	P	2009-03-12	2011-02-28
	HUTCHISON WHAMPOA ADR	P	2007-06-18	2011-01-21
	KDDI CORP-UNSPONSORED	P	2009-12-21	2011-02-25
	LIMITED BRANDS INC	P	2010-05-03	2011-07-11
	MEDIASET SPA SPON ADR	P	2008-05-21	2011-02-03
	MOTOROLA MOBILITY HLDGS	P	2010-10-11	2011-01-04
	O'REILLY AUTOMOTIVE INC	P	2010-09-28	2011-08-17
	RR DONNELLEY & SONS CO	P	2010-03-15	2011-02-07
	SANDISK CORP	P	2010-05-03	2011-02-07
	SOCIETE GEN FR SPON ADR	P	2010-10-22	2011-09-13
	TALISMAN ENERGY INC	P	2009-03-16	2011-01-20
	TNT NV-ADR	P	2005-12-07	2011-02-25
	VERIZON COMMUNICATIONS	P	2009-04-13	2011-10-03
	FHLMC 5.125% 7/15/12	P	2007-10-24	2011-08-11
	UST NTS 4.375% 8/15/12	P	2008-11-12	2011-10-04
	ADVISORS SER TR PIA BBB	P	2007-11-02	2011-08-17
	ADVISORS SER TR PIA BBB	P	2008-12-31	2011-08-17
	ANALOG DEVICES INC	P	2011-01-18	2011-02-07
	BG GROUP PLC F	P	2010-08-11	2011-10-19
	BORG WARNER INC	P	2010-09-28	2011-04-14
	CENTURYLINK INC	P	2009-05-26	2011-04-04
	CITY NATIONAL CORP	P	2010-09-28	2011-02-25
	COMPUTER SCIENCES CORP	P	2009-01-20	2011-06-06
	DEUTSCHE LUFTHANSA A G	P	2008-04-02	2011-03-17
	FIFTH THIRD BANCORP	P	2011-03-01	2011-05-02
	GAP INC	P	2009-11-16	2011-02-28
	HUTCHISON WHAMPOA ADR	P	2007-06-18	2011-02-24
	KDDI CORP-UNSPONSORED	P	2009-12-21	2011-05-06
	LIMITED BRANDS INC	P	2010-05-04	2011-07-11
	MEDIASET SPA SPON ADR	P	2009-03-16	2011-02-03
	MOTOROLA MOBILITY HLDGS	P	2010-09-07	2011-01-11
	O'REILLY AUTOMOTIVE INC	P	2010-09-28	2011-08-22
	RR DONNELLEY & SONS CO	P	2010-03-15	2011-07-11
	SANDISK CORP	P	2010-05-03	2011-06-06
	SOUTHWEST AIRLINES CO	P	2010-11-01	2011-02-07
	TARGET CORP	P	2009-12-07	2011-01-18
	USINAS SIDERURGICAS DE F	P	2009-08-20	2011-02-25
	VOLKSWAGEN A G SPONS ADR	P	2011-01-21	2011-02-25
	FHLMC 5.125% 7/15/12	P	2008-02-12	2011-08-11
	UST NTS 4.375% 8/15/12	P	2010-07-30	2011-10-04
	ADVISORS SER TR PIA BBB	P	2007-12-04	2011-08-17
	ADVISORS SER TR PIA BBB	P	2009-01-15	2011-08-17
	ANALOG DEVICES INC	P	2011-01-18	2011-04-11
	BHP BILLITON LTD	P	2009-03-17	2011-02-25
	BORG WARNER INC	P	2010-09-28	2011-07-19
	CENTURYLINK INC	P	2011-03-01	2011-04-04
	CLIFFS NATURAL RESOURCES	P	2011-05-02	2011-09-06
	COMPUTER SCIENCES CORP	P	2009-03-12	2011-06-06
	DR PEPPER SNAPPLE GROUP	P	2010-07-12	2011-02-07
	FLIR SYSTEMS INC	P	2010-09-28	2011-02-25
	GAP INC	P	2009-11-17	2011-02-28
	HUTCHISON WHAMPOA ADR	P	2009-03-16	2011-02-24
	KIRBY CORP	P	2010-09-28	2011-02-25
	LIMITED BRANDS INC	P	2010-05-10	2011-07-11
	MERCK & CO INC NEW	P	2009-12-07	2011-01-18
	MOTOROLA MOBILITY HLDGS	P	2010-10-11	2011-01-11
	O'REILLY AUTOMOTIVE INC	P	2010-09-28	2011-11-15
	RR DONNELLEY & SONS CO	P	2010-03-16	2011-07-11
	SANDISK CORP	P	2010-05-04	2011-06-06
	SIEMENS A G - ADR	P	2011-06-01	2011-12-15
	TARGET CORP	P	2009-12-08	2011-01-18
	USINAS SIDERURGICAS DE F	P	2009-08-20	2011-10-24
	VOLKSWAGEN A G SPONS ADR	P	2011-01-21	2011-11-17
	FHLMC 5.125% 7/15/12	P	2008-02-21	2011-08-11
	UST NTS 4.375% 8/15/12	P	2011-03-03	2011-10-04
	ADVISORS SER TR PIA BBB	P	2008-01-03	2011-08-17
	AGILENT TECH INC	P	2011-01-18	2011-02-07
	ANSYS INC	P	2010-09-28	2011-02-25
	BANCO SANTANDER CENT F	P	2006-11-01	2011-09-07
	BORG WARNER INC	P	2010-09-28	2011-08-10
	CHEVRON CORPORATION	P	2009-01-20	2011-02-07
	CENTRAL JAPAN RAILWAYADR	P	2009-02-19	2011-02-25
	CONSTELLATION BRANDS -A	P	2010-09-28	2011-06-15
	DR PEPPER SNAPPLE GROUP	P	2010-07-12	2011-08-08
	FLUOR CORP (NEW)	P	2011-05-09	2011-09-06
	GENERAL ELECTRIC COMPANY	P	2007-04-17	2011-02-07
	IDEX CORP	P	2010-09-28	2011-02-25
	KIRBY CORP	P	2010-09-28	2011-09-23
	L-3 COMMUNICATIONS HLDGS	P	2009-01-20	2011-02-07
	METTLER-TOLEDO INTL INC	P	2010-09-28	2011-02-25
	MOTOROLA SOLUTIONS INC	P	2011-01-07	2011-01-07
	OCEANEERING INTL INC	P	2010-09-28	2011-02-25
	RR DONNELLEY & SONS CO	P	2010-03-29	2011-07-11
	SANDISK CORP	P	2010-08-02	2011-06-06
	STATOIL ASA	P	2007-10-11	2011-02-25
	TARGET CORP	P	2009-12-08	2011-02-07
	ULTA SALON COSMTCS & FRG	P	2010-09-28	2011-02-25
	VOLKSWAGEN A G SPONS ADR	P	2011-01-21	2011-11-25
	FHLMC 5.125% 7/15/12	P	2010-07-16	2011-08-11
	UST NTS 4.875% 5/31/11	P	2010-01-26	2011-02-03
	ADVISORS SER TR PIA BBB	P	2008-02-04	2011-08-17
	AARONS INC	P	2010-09-28	2011-02-25
	ASAHI KAISEI CORP ADR	P	2006-11-01	2011-02-25
	BANCO SANTANDER CENT F	P	2008-11-25	2011-09-07
	BRISTOL MYERS SQUIBB	P	2011-02-28	2011-10-03
	CHURCH & DWIGHT INC	P	2010-09-28	2011-02-25
	CENTRAL JAPAN RAILWAYADR	P	2009-02-19	2011-05-06
	CONSTELLATION BRANDS -A	P	2010-09-28	2011-06-21
	DR PEPPER SNAPPLE GROUP	P	2010-07-13	2011-08-08
	FOMENTO ECONOMICO MEX SA	P	2010-03-16	2011-02-25
	GLAXOSMITHKLINE PLC-ADR	P	2005-02-02	2011-02-25
	INTEL CORP	P	2009-03-02	2011-02-07
	KONINKLIJKE AHOLD ADR	P	2009-10-12	2011-02-25
	MARATHON OIL CORP	P	2009-01-20	2011-03-14
	METTLER-TOLEDO INTL INC	P	2010-09-28	2011-04-19
	MOTOROLA SOLUTIONS INC	P	2010-09-07	2011-02-07
	PARKER HANNIFIN CORP	P	2010-05-24	2011-08-22
	RR DONNELLEY & SONS CO	P	2011-03-01	2011-07-11
	SANDISK CORP	P	2011-03-01	2011-06-06
	STATOIL ASA	P	2007-10-11	2011-03-30
	TARGET CORP	P	2009-12-08	2011-08-08
	ULTA SALON COSMTCS & FRG	P	2010-09-28	2011-04-14
	WAL-MART STORES INC	P	2009-01-20	2011-02-28
	FHLMC 5.125% 7/15/12	P	2011-03-03	2011-08-11
	UST NOTES 4.625%08/31/11	P	2008-12-17	2011-03-23

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	385	377	8
b	543	488	55
c	174	128	46
d	856	910	-54
e	534	428	106
	19	12	7
	928	715	213
	745	498	247
	926	844	82
	387	310	77
	1,338	920	418
	617	370	247
	1,165	638	527
	620	527	93
	9	5	4
	113	113
	190	180	10
	988	916	72
	51	52	-1
	2,157	1,990	167
	411	536	-125
	1,265	1,492	-227
	2,172	1,109	1,063
	313	288	25
	2,173	2,205	-32
	1,019	1,046	-27
	595	552	43
	72	65	7
	274	203	71
	380	365	15
	419	626	-207
	50	43	7
	44	47	-3
	1,799	1,779	20
	452	447	5
	1,351	910	441
	456	322	134
	768	585	183
	1,337	1,060	277
	884	608	276
	3	1	2
	711	790	-79
	26	21	5
	1,183	911	272
	492	922	-430
	17	15	2
	137	85	52
	526	582	-56
	332	319	13
	133	105	28
	990	929	61
	2,039	2,044	-5
	39	36	3
	85	76	9
	614	488	126
	2,137	2,143	-6
	922	1,572	-650
	788	627	161
	1,041	1,620	-579
	165	126	39
	329	263	66
	579	372	207
	1,753	1,179	574
	1,633	2,698	-1,065
	29	23	6
	454	1,000	-546
	9	5	4
	229	149	80
	607	288	319
	263	191	72
	872	575	297
	1,202	946	256
	548	353	195
	480	526	-46
	1,108	386	722
	85	71	14
	1,092	1,019	73
	92	85	7
	73	65	8
	900	708	192
	497	250	247
	127	147	-20
	1,364	935	429
	181	182	-1
	2,382	1,691	691
	369	309	60
	1,063	1,625	-562
	1,671	1,179	492
	528	682	-154
	1,033	789	244
	257	883	-626
	745	385	360
	330	230	100
	470	396	74
	239	229	10
	1,187	1,224	-37
	1,071	851	220
	2,169	1,783	386
	126	138	-12
	509	359	150
	28	19	9
	1,092	814	278
	77	71	6
	82	73	9
	1,379	1,023	356
	711	626	85
	609	1,173	-564
	243	193	50
	59	48	11
	1,476	681	795
	223	263	-40
	1,789	1,782	7
	459	559	-100
	590	494	96
	234	204	30
	192	167	25
	228	100	128
	1,163	879	284
	2,036	1,583	453
	75	221	-146
	586	425	161
	425	315	110
	1,544	1,176	368
	758	573	185
	1,254	1,006	248
	463	305	158
	1,092	1,088	4
	81	74	7
	78	68	10
	624	472	152
	912	1,422	-510
	822	1,471	-649
	7	3	4
	22		22
	879	388	491
	1,190	494	696
	994	712	282
	860	1,063	-203
	431	318	113
	94	82	12
	103	110	-7
	745	403	342
	640	489	151
	1,272	922	350
	505	1,854	-1,349
	893	567	326
	310	307	3
	798	607	191
	244	299	-55
	207	89	118
	1,966	1,323	643
	1,129	1,055	74
	74	67	7
	93	80	13
	491	660	-169
	406	221	185
	183	173	10
	5	2	3
	1,065	1,006	59
	1,372	752	620
	14	14
	621	488	133
	337	330	7
	757	632	125
	314	349	-35
	518	578	-60
	1,617	1,379	238
	627	489	138
	2,580	1,989	591
	252	396	-144
	1,998	1,287	711
	634	676	-42
	1,297	991	306
	39	34	5
	195	203	-8
	263	234	29
	1,129	1,220	-91
	87	78	9
	78	68	10
	82	67	15
	1,290	753	537
	1,162	1,368	-206
	11	7	4
	712	960	-248
	75	52	23
	182	158	24
	394	347	47
	34	33	1
	565	457	108
	493	582	-89
	444	458	-14
	758	690	68
	419	336	83
	268	213	55
	64	58	6
	556	328	228
	1,384	1,415	-31
	497	681	-184
	1,622	1,398	224
	72	57	15
	772	575	197
	1,233	1,206	27
	417	375	42
	86	71	15
	1,238	1,079	159
	599	416	183
	777	621	156

	205	284	-79
	49	35	14
	438	382	56
	15	13	2
	81	47	34
	369	332	37
	789	931	-142
	32	28	4
	29	24	5
	1,874	1,477	397
	721	569	152
	491	548	-57
	1,702	1,037	665
	401	325	76
	354	486	-132
	1,029	878	151
	1,064	820	244
	5,031	4,997	34
	1,208	1,206	2
	81	73	8
	91	67	24
	155	136	19
	621	416	205
	644	409	235
	835	452	383
	350	495	-145
	366	251	115
	303	420	-117
	1,140	1,157	-17
	473	246	227
	451	402	49
	789	849	-60
	1,077	722	355
	1,377	1,739	-362
	11	9	2
	385	265	120
	58	29	29
	320	281	39
	396	353	43
	2,733	2,025	708
	178	162	16
	294	207	87
	2,012	2,022	-10
	1,036	1,051	-15
	75	67	8
	71	52	19
	790	602	188
	1,629	1,247	382
	379	256	123
	601	269	332
	47	74	-27
	684	626	58
	479	699	-220
	550	565	-15
	405	199	206
	1,485	1,247	238
	455	372	83
	754	527	227
	971	1,242	-271
	6	5	1
	854	751	103
	19	20	-1
	1,537	1,376	161
	904	2,337	-1,433
	547	252	295
	528	587	-59
	73	59	14
	1,045	1,030	15
	5,181	5,524	-343
	82	75	7
	115	90	25
	160	158	2
	543	398	145
	1,144	818	326
	1,416	906	510
	295	259	36
	799	751	48
	535	783	-248
	92	97	-5
	473	471	2
	1,705	1,496	209
	2,923	2,286	637
	516	355	161
	97	64	33
	921	758	163
	495	429	66
	1,186	1,225	-39
	349	344	5
	72	83	-11
	1,048	877	171
	160	176	-16
	392	398	-6
	7,315	7,509	-194
	1,036	1,078	-42
	72	66	6
	597	483	114
	899	909	-10
	466	207	259
	762	511	251
	60	60
	1,193	1,493	-300
	495	439	56
	36	39	-3
	604	489	115
	113	112	1
	284	131	153
	1,442	1,079	363
	476	319	157
	1,421	1,546	-125
	492	432	60
	542	376	166
	395	412	-17
	262	254	8
	561	800	-239
	331	275	56
	237	453	-216
	267	275	-8
	1,045	1,067	-22
	4,145	4,226	-81
	83	75	8
	178	176	2
	1,171	895	276
	698	1,463	-765
	1,522	1,176	346
	196	139	57
	222	152	70
	1,171	982	189
	328	347	-19
	1,193	1,513	-320
	42	70	-28
	446	388	58
	576	440	136
	79	78	1
	1,014	742	272
	32		32
	1,192	800	392
	811	880	-69
	1,178	1,217	-39
	364	447	-83
	55	46	9
	1,014	700	314
	160	184	-24
	1,045	1,087	-42
	2,030	2,118	-88
	67	61	6
	653	512	141
	783	765	18
	452	425	27
	906	747	159
	221	195	26
	314	244	70
	1,507	1,250	257
	693	744	-51
	381	322	59
	114	135	-21
	65	38	27
	308	286	22
	947	509	438
	835	618	217
	121	96	25
	790	724	66
	59	55	4
	44	48	-4
	1,426	1,661	-235
	703	687	16
	847	496	351
	1,407	1,377	30
	5,225	5,313	-88
	4,078	4,427	-349

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			8
b			55
c			46
d			-54
e			106
			7
			213
			247
			82
			77
			418
			247
			527
			93
			4

			10
			72
			-1
			167
			-125
			-227
			1,063
			25
			-32
			-27
			43
			7
			71
			15
			-207
			7
			-3
			20
			5
			441
			134
			183
			277
			276
			2
			-79
			5
			272
			-430
			2
			52
			-56
			13
			28
			61
			-5
			3
			9
			126
			-6
			-650
			161
			-579
			39
			66
			207
			574
			-1,065
			6
			-546
			4
			80
			319
			72
			297
			256
			195
			-46
			722
			14
			73
			7
			8
			192
			247
			-20
			429
			-1
			691
			60
			-562
			492
			-154
			244
			-626
			360
			100
			74
			10
			-37
			220
			386
			-12
			150
			9
			278
			6
			9
			356
			85
			-564
			50
			11
			795
			-40
			7
			-100
			96
			30
			25
			128
			284
			453
			-146
			161
			110
			368
			185
			248
			158
			4
			7
			10
			152
			-510
			-649
			4
			22
			491
			696
			282
			-203
			113
			12
			-7
			342
			151
			350
			-1,349
			326
			3
			191
			-55
			118
			643
			74
			7
			13
			-169
			185
			10
			3
			59
			620

			133
			7
			125
			-35
			-60
			238
			138
			591
			-144
			711
			-42
			306
			5
			-8
			29
			-91
			9
			10
			15
			537
			-206
			4
			-248
			23
			24
			47
			1
			108
			-89
			-14
			68
			83
			55
			6
			228
			-31
			-184
			224
			15
			197
			27
			42
			15
			159
			183
			156

			-79
			14
			56
			2
			34
			37
			-142
			4
			5
			397
			152
			-57
			665
			76
			-132
			151
			244
			34
			2
			8
			24
			19
			205
			235
			383
			-145
			115
			-117
			-17
			227
			49
			-60
			355
			-362
			2
			120
			29
			39
			43
			708
			16
			87
			-10
			-15
			8
			19
			188
			382
			123
			332
			-27
			58
			-220
			-15
			206
			238
			83
			227
			-271
			1
			103
			-1
			161
			-1,433
			295
			-59
			14
			15
			-343
			7
			25
			2
			145
			326
			510
			36
			48
			-248
			-5
			2
			209
			637
			161
			33
			163
			66
			-39
			5
			-11
			171
			-16
			-6
			-194
			-42
			6
			114
			-10
			259
			251

			-300
			56
			-3
			115
			1
			153
			363
			157
			-125
			60
			166
			-17
			8
			-239
			56
			-216
			-8
			-22
			-81
			8
			2
			276
			-765
			346
			57
			70
			189
			-19
			-320
			-28
			58
			136
			1
			272
			32
			392
			-69
			-39
			-83
			9
			314
			-24
			-42
			-88
			6
			141
			18
			27
			159
			26
			70
			257
			-51
			59
			-21
			27
			22
			438
			217
			25
			66
			4
			-4
			-235
			16
			351
			30
			-88
			-349

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	23,149
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3	10,089

Part V

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

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

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

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

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010	2,500	50,218	0.049783
2009		540,500
2008	103,000	622,321	0.165509
2007	105,500	764,124	0.138067
2006	104,500	823,702	0.126866

2	Total of line 1, column (d) ......................	2	0.480225
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	0.120056
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	1,787,716
5	Multiply line 4 by line 3.......................	5	214,626
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	291
7	Add lines 5 and 6.........................	7	214,917
8	Enter qualifying distributions from Part XII, line 4..............	8	5,000
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)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	581
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	581
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	581
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	485
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	485
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	96
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax0	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

instructions) bullet

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

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

Yes

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

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

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

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

ROLAND VIVEIROS JR CPA Telephone no. bullet

(702) 270-2341

Located at bullet

P O BOX 50654HENDERSONNV ZIP+4 bullet

890160654

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

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

At any time during calendar year 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? .................

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)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

that were not corrected before the first day of the tax year beginning in 2011?.............

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

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

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

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

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

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

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (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
MARILYN LARSON	PRESIDENT 2.00	0	0	0
13000 LAS VEGAS BLVD SO LAS VEGAS,NV89044	PRESIDENT 2.00	0	0	0
MEL LARSON	VICE-PRESIDE 2.00	0	0	0
13000 LAS VEGAS BLVD SO LAS VEGAS,NV89044	VICE-PRESIDE 2.00	0	0	0
ROLAND VIVEIROS JR CPA	SECRETARY 2.00	0	0	0
P O BOX 50654 HENDERSON,NV89016	SECRETARY 2.00	0	0	0
ROLAND VIVEIROS JR CPA	TREASURER 2.00	0	0	0
P O BOX 50654 HENDERSON,NV89016	TREASURER 2.00	0	0	0

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2011)

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.)

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

purposes:

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

593,144

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

21,796

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

1,200,000

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

1,814,940

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

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

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

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

1,814,940

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

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

27,224

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

1,787,716

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

89,386

Part XI

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

and do not complete this part.)

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

89,386

Tax on investment income for 2011 from Part VI, line 5......

581

Income tax for 2011. (This does not include the tax from Part VI.)...

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

581

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

88,805

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

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

88,805

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

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

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

88,805

Part XII

Qualifying Distributions (see page 25 of the instructions)

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

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

5,000

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

5,000

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

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

5,000

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)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7			88,805
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.......	45,187
d From 2009.......
e From 2010.......	951
fTotal of lines 3a through e.........		46,138
4Qualifying distributions for 2011 from Part
XII, line 4: $ 5,000
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.....			5,000
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2011.		46,138	46,138
(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
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 ..........			37,667
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2007....
b Excess from 2008....
c Excess from 2009....
d Excess from 2010....
e Excess from 2011....

Form 990-PF (2011)

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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total

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

Part XV

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

1Information Regarding Foundation Managers:

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

MARILYN AND MEL LARSON

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

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

ROLAND VIVEIROS JR
P O BOX 50654
HENDERSON,NV89016
(702) 270-2341

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)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
LAS VEGAS ANIMAL FOUNDATI 655 NORTH MOJAVE ROAD LAS VEGAS LAS VEGAS,NV89101	NONE		ANIMAL WELFARE AND ADOPTIONS	5,000
Total ................................. 3a				5,000

bApproved for future payment

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

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	4,773
4 Dividends and interest from securities....			14	10,564
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					23,149
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)..				15,337	23,149

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

1338,486

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2011)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INVESTMENT INCOME TAX	950	950
FOREIGN TAXES	451	451

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
MUTUAL FUNDS	13,489	17,116	18,167
SANDY VALLEY ESTATE	1,200,000	1,200,000	1,200,000