Form990-PF
Click to see attachment

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

Number and street (or P.O. box number if mail is not delivered to street address)Two North LaSalle Street   Room/suite
City or town, state, and ZIP code
Chicago, IL60602
A Employer identification number

36-4244783
B Telephone number (see page 10 of the instructions)

(312) 269-8070
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$134,885,142J 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) 1,276,834
2 Check bullet
3 Interest on savings and temporary cash investments 4,888 4,888  
4 Dividends and interest from securities...... 427,539 428,036  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,876
b Gross sales price for all assets on line 6a 54,105
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 403,133
b Less: Cost of goods sold.... 580,062
c Gross profit or (loss) (attach schedule)..... Click to see attachment -176,929  
11 Other income (attach schedule)....... Click to see attachment -3,323,688 9,300  
12 Total. Add lines 1 through 11........ -1,793,232 442,224  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 35,923     35,923
14 Other employee salaries and wages...... 888,306     825,306
15 Pension plans, employee benefits....... 62,984     70,544
16a Legal fees (attach schedule)......... Click to see attachment 249,642     266,266
b Accounting fees (attach schedule)....... Click to see attachment 76,612 19,153   71,053
c Other professional fees (attach schedule).... Click to see attachment 50,671     51,546
17 Interest............... 731,972     731,972
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 204,312 7   250,594
19 Depreciation (attach schedule) and depletion... Click to see attachment 1,795,279    
20 Occupancy..............        
21 Travel, conferences, and meetings....... 49,184     47,369
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 4,263,247 7,510   4,200,241
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,408,132 26,670   6,550,814
25 Contributions, gifts, grants paid........ 2,009,968 3,878,097
26 Total expenses and disbursements. Add lines 24 and 25 10,418,100 26,670   10,428,911
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -12,211,332
b Net investment income (if negative, enter -0-) 415,554
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 168,453 35,479 35,479
2 Savings and temporary cash investments.......... 9,134,814 2,959,413 2,959,413
3 Accounts receivable bullet755,139
Less: allowance for doubtful accounts bullet   62,568 755,139 755,139
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 329,627 230,498 230,498
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) bullet8,374,570
Less: allowance for doubtful accounts bullet   8,153,820 Click to see attachment8,374,570 8,374,570
8 Inventories for sale or use............... 2,932,754 2,734,182 2,734,182
9 Prepaid expenses and deferred charges........... 144,856 76,372 76,372
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 5,836,270 Click to see attachment146,800 146,800
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet67,059,840
Less: accumulated depreciation (attach schedule) bullet7,861,098 60,244,306 Click to see attachment59,198,742 59,198,742
15 Other assets (describe bullet) Click to see attachment64,619,547 Click to see attachment60,373,947 Click to see attachment60,373,947
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 151,627,015 134,885,142 134,885,142
Liabilities 17 Accounts payable and accrued expenses.......... 965,259 1,121,081
18 Grants payable................... 9,131,082 5,299,318
19 Deferred revenue.................. 140,908 39,383
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 21,820,399 Click to see attachment21,070,000
22 Other liabilities (describe bullet) Click to see attachment7,100,000 Click to see attachment7,100,000
23 Total liabilities (add lines 17 through 22).......... 39,157,648 34,629,782
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 49,663,884 40,565,713
25 Temporarily restricted................ 62,805,483 59,689,647
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 112,469,367 100,255,360
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 151,627,015 134,885,142
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)............... 1 112,469,367
2 Enter amount from Part I, line 27a..................... 2 -12,211,332
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 100,258,035
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 2,675
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 100,255,360
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 M&I Long Term Capital Gains P 2010-01-01 2011-12-31
b M&I Trust Short Term Capital Gains P 2010-01-01 2011-12-31
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 47,949   49,446 -1,497
b 6,156   6,697 -541
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       -1,497
b       -541
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -2,038
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 10,015,090 8,281,700 1.20930
2009 9,556,494 8,848,918 1.07996
2008 28,613,318 6,683,849 4.28096
2007 13,379,141 8,729,885 1.53257
2006 18,564,491 27,539,519 0.67410
2 Total of line 1, column (d) ...................... 2 8.77690
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 1.75538
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 7,442,239
5 Multiply line 4 by line 3....................... 5 13,063,957
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,156
7 Add lines 5 and 6......................... 7 13,068,113
8 Enter qualifying distributions from Part XII, line 4.............. 8 10,428,911
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 8,311
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 8,311
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 8,311
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 29,678
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 29,678
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 21,367
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet21,367 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
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletIL
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletVicki Kalnins Telephone no.bullet (262) 798-5080
    Located atbullet20875 Crossroads Circle 100WaukeshaWI ZIP+4bullet531864093
    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
     
    No
    .........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
     
    No
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    Vicki Kalnins Treasurer
    0.00     		0    
    20875 Crossroads Circle Ste 10
    Waukesha,WI53186
    Stephanie Comer Vice President
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    Guy Comer President
    20.00     		35,923 18,404  
    20875 Crossroads Circle 100
    Waukesha,WI53186
    William T Schleicher Jr Secretary
    0.00     		0    
    20875 Crossroads Circle 100
    Waukesha,WI53186
    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
    Angela Benke Grant Manager
    40.00     		60,608 14,173  
    2911 W Cullom Apt 2
    Chicago,IL60618
    Emily Conrath Grant Writer
    40.00     		79,744 7,163  
    1071 W 15th Street 107
    Chicago,IL60608
    Noelle Samuels Senior Program Dir
    40.00     		92,322 5,113  
    7104 S Greenwood
    Chicago,IL60619
    Alex Requena IT Manager
    40.00     		92,560 20,678  
    807 Vertin Boulevard
    Shorewood,IL60431
    Gregory Mooney Exec Director
    40.00     		177,607 17,525  
    4922 S Cornell Ave Unit P
    Chicago,IL60615
    Total number of other employees paid over $50,000...................bullet 3
    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
    Revere Properties LP Building Services 296,941
    7420 S Woodlawn
    Chicago,IL60619
    Grant Thornton LLP Auditors 76,206
    33562 Treasury Center
    Chicago,IL606943500
    Neal Gerber & Eisenberg Legal 78,969
    28987 Network Place
    Chicago,IL60601
    Neal & Leroy LLC Legal 190,482
    203 N LaSalle Street Suite 2300
    Chicago,IL60601
    Revere Properties Facility Maintenance LLC Building Services 568,826
    7420 S Woodlawn
    Chicago,IL60619
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    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
    153,479
    b
    Average of monthly cash balances.......................
    1b
    4,315,099
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    3,086,995
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,555,573
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    7,555,573
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    113,334
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,442,239
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    372,112
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    372,112
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    8,311
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,311
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    363,801
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    363,801
    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
    363,801
    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
    10,428,911
    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
    10,428,911
    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
    10,428,911
    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 7 363,801
    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....... 17,451,347
    b From 2007....... 12,993,089
    c From 2008....... 28,282,211
    d From 2009....... 9,045,224
    e From 2010....... 8,764,778
    fTotal of lines 3a through e......... 76,536,649
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 10,428,911
    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)...     		0
    d Applied to 2011 distributable amount..... 363,801
    e Remaining amount distributed out of corpus 10,065,110
    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 86,601,759
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		17,451,347
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		69,150,412
    10 Analysis of line 9:
    a Excess from 2007.... 12,993,089
    b Excess from 2008.... 28,282,211
    c Excess from 2009.... 9,045,224
    d Excess from 2010.... 8,764,778
    e Excess from 2011.... 10,065,110
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    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
    Windy City Habitat for Humanity
    2201 S Halsted Street Suite 1251
    Chicago,IL60608     		n/a Public General Support 1,000
    United Community Center
    1028 S 9th Steet
    Milwaukee,WI53204     		n/a Public General Support 1,500
    The Latin School of Chicago
    59 W North Blvd
    Chicago,IL60610     		n/a Public General Support 50,000
    The Institute of Public Charter
    PO Box 1704
    Madison,WI53074     		n/a Public General Support 50,000
    Sinai Community Institute
    2653 West Ogden Avenue
    Chicago,IL60608     		n/a Public General Support 25,000
    Regents of the University of Minnes
    200 Oak Street SE Suite 450
    Minneapolis,MN55455     		n/a Public General Support 23,400
    New Trier Tyro Society
    PO Box 133
    Winnetka,IL60093     		n/a Public General Support 2,000
    Metrosquash
    5550 S University Avenue
    Chicago,IL60637     		n/a Public General Support 1,000
    Leadership Greater Chicago
    233 North Michigan Ave Suite 2420
    Chicago,IL60601     		n/a Public General Support 250
    Illinois Dept of Healthcare Family
    201 South Grant Avenue East
    Springfield,IL62763     		n/a Public General Support 1,000,000
    Free Spirit Media
    1615 S Christina
    Chicago,IL60623     		n/a Public General Support 3,000
    University of Chicago Medical Cente
    135 S Lasalle Street Suite 3800
    Chicago,IL60637     		n/a Public General Support 20,000
    Make Miracles Grow Foundation
    20875 Crossroads Circle Suite 100
    Waukesha,WI53186     		n/a Public General Support 470,026
    Noble Network of Charter Schools
    1 North State Street 7-Lower
    Chicago,IL60602     		n/a Public General Support 204,455
    MHNU Corporation
    20875 Crossroads Circle Suite 100
    Waukesha,WI53186     		n/a Public General Support 1,489,028
    Medill School of Journalism
    1845 Sheridan Road
    Evanston,IL60208     		n/a Public General Support 175,000
    Technology Education Foundation Inc
    PO Box 44787
    Madison,WI53744     		n/a Public General Support 10,000
    Teach for America
    820 N Orleans St Suite 320
    Chicago,IL60610     		n/a Public General Support 10,000
    Ladder Up
    PO Box 061110
    Chicago,IL60606     		n/a Public General Support 5,000
    Griffith Tutoring
    3346 N Southport Ave 2S
    Chicago,IL60657     		n/a Public General Support 1,500
    University of Chicago Medical Cente
    1170 East 58th Street
    Chicago,IL60637     		n/a Public General Support 1,501,763
    The CARA Program
    703 West Monroe Street
    Chicago,IL60661     		n/a Public General Support 5,000
    University of Maine
    5717 Corbert Hall
    Orono,ME04469     		n/a Public General Support 26,000
    South Shore Drill Team
    7200 S Ingleside
    Chicago,IL60619     		n/a Public General Support 480,000
    Paul Revere High School Scholarship
    1010 E 72nd Street
    Chicago,IL60619     		n/a Public General Support 55,725
    Paul Revere Elementary School
    1010 E 72nd Street
    Chicago,IL60619     		n/a Public General Support 17,685
    Lamont-Doherty Earth Observatory
    61 Route 9W PO Box 1000
    Palisades,NY10964     		n/a Public General Support 148,620
    Goodcity
    5049 W Harrison
    Chicago,IL60644     		n/a Public General Support 5,200
    Delta Institute
    53 W Jackson Blvd Suite 230
    Chicago,IL60604     		n/a Public General Support 55,000
    Total .................................bullet 3a 5,837,152
    bApproved for future payment
    The Latin School of Chicago
    59 West North Blvd
    Chicago,IL60610     		n/a Public General Support 200,000
    Total .................................bullet 3b 200,000
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 4,888  
    4 Dividends and interest from securities....     14 427,539  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......         750,000
    bNot debt-financed property.....     16 9,300 50,400
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 -1,876  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..         -176,929
    11 Other revenue: aMembership Dues         25,648
    bKilimanjaro Energy, Inc     14 -6,043,200  
    cChange in Beneficial Int     14 1,884,164  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   -3,719,185 649,119
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-3,070,066
    (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.)
    11c Membership Dues are collected by students and adults who participate in the programming provided by Gary Comer Youth Center. This is a nominal fee.
    10 Revere Community Housing Development, LLC ("RCHD") was established to support Revere Way, a comprehensive revitalization project designed to improve and stabilize the Grand Crossing neighborhood in Chicago. The project includes development of new, affordable homes. RCHD sells the newly built homes to qualified low income individuals for no profit.
    5b Rental income received from Noble Network of Charter Schools ("NNCS"), a college preparatory charter school. NNCS established a high school campus and leased property owned by Gary Comer College Prep, a wholly owned subsidiary of Comer Science and Education Foundation ("CSEF") and the adjacent Youth Center, owned by Gary Comer Youth Center, LLC, also a wholy owned subsidiary of CSEF. By leasing this property to NNCS it furthers the mission of providing innovative programs in urban education.
    5a Rental income received from Noble Network of Charter Schools ("NNCS"), a college preparatory charter school. NNCS established a high school campus and leased property owned by Gary Comer College Prep, a wholly owned subsidiary of Comer Science and Education Foundation ("CSEF") and the adjacent Youth Center, owned by Gary Comer Youth Center, LLC, also a wholy owned subsidiary of CSEF. By leasing this property to NNCS it furthers the mission of providing innovative programs in urban education.
    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: 11000144
    Software Version: 2011v1.2


    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
    Comer Science & Education Foundation
    co Lawrence Richman
    Employer identification number

    36-4244783
    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
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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
    14
     
     

    FORUM    
    200 E 75th Street
       
    Chicago, IL   60619

    		$5,667




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    13
     
     

    University of Illinois at Chicago    
    1737 West Polk Street
       
    Chicago, IL   60612

    		$5,250




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    12
     
     

    Aramark    
    1101 Market St
       
    Philadelphia, PA   19107

    		$20,000




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    11
     
     

    Department of Family Support Svc    
    1615 West Chicago Ave
       
    Chicago, IL   60622

    		$302,663




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
     
     

    State Farm Mutual Auto Insur Co    
    3 State Farm Plaza
       
    Bloomington, IL   61791

    		$7,500




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
     
     

    Access Community Health Network    
    222 N Canal Street
       
    Chicago, IL   60606

    		$79,548




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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
    8
     
     

    United States Department of Educ    
    1990 K St NW
       
    Washington, DC   20006

    		$216,667




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
     
     

    UBS AG    
    PO Box 120312
       
    Stamford, CT   06912

    		$17,500




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    Texas Guaranteed Student Loan Corp    
    PO Box 83100
       
    Round Rock, TX   78683

    		$81,095




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    State of Illinois Dept of Human Svc    
    815 E Monroe St
       
    Springfield, IL   62701

    		$106,812




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

    Illinois State Board of Education    
    100 North First Street
       
    Springfield, IL   62777

    		$332,082




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    Illinois Department of Commerce    
    500 E Monroe St
       
    Springfield, IL   62701

    		$47,634




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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
    2
     
     

    After School Matters    
    66 East Randolph Street
       
    Chicago, IL   60601

    		$42,667




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Bruner Foundation Inc    
    130 Prospect Street Third Fl
       
    Cambridge, MA   02139

    		$10,000




    (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
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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
    Comer Science & Education Foundation
    co Lawrence Richman         		Employer identification number

    36-4244783
    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: 11000144
    Software Version: 2011v1.2

    TY 2011 AccountingFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 76,612 19,153 0 71,053

    TY 2011 ContractorCompensationExpln
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Contractor Explanation
    Revere Properties LP  
    Revere Properties Facility Maintenance LLC  
    Neal Gerber & Eisenberg  
    Neal & Leroy LLC  
    Grant Thornton LLP  

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Name of Stock End of Year Book Value End of Year Fair Market Value
    97 SH Schlumberger LTD Com 6,626 6,626
    96 SH Halliburton Co Com 3,313 3,313
    43 SH Devon Energy Corp New Com 2,666 2,666
    45 SH Cameron Intl Corp Com 2,213 2,213
    97 SH Crown Castle Intl Corp Com 4,346 4,346
    140 SH American Tower Corp Cl A 8,401 8,401
    42 SH Praxair Inc Com 4,490 4,490
    130 SH Xilinx Com 4,168 4,168
    164 SH Qualcomm Inc Com 8,971 8,971
    175 SH Oracle Corp Com 4,489 4,489
    105 SH Netapp Inc Com 3,808 3,808
    14 SH Mastercard Inc Cl A 5,219 5,219
    12 SH Google Inc Cl A 7,751 7,751
    39 SH Equinix Inc Com New 3,955 3,955
    31 SH Apple Inc Com 12,555 12,555
    79 SH Emerson Elec Co Com 3,681 3,681
    69 SH Thermo Fisher Corp Com 3,103 3,103
    77 SH Teva Pharmaceutical Inds LTD ADR 3,108 3,108
    91 SH ST Jude Med Inc Com 3,121 3,121
    25 SH Johnson & Johnson Com 1,640 1,640
    17 SH CME Group Inc Com 4,143 4,143
    58 SH Northern Tr Corp Com 2,300 2,300
    237 SH Cbre Group Inc Cl A 3,607 3,607
    77 SH American Express Co Com 3,632 3,632
    33 SH Procter & Gamble Co Com 2,201 2,201
    58 SH Pepsico Inc Com 3,848 3,848
    64 SH Costco Whsl Corp New Com 5,332 5,332
    125 SH Avon Prods Inc Com 2,184 2,184
    110 SH Urban Outfitters Inc Com 3,031 3,031
    31 SH Pvh Corp Com 2,185 2,185
    56 SH Nike Inc Cl B 5,397 5,397
    134 SH Marriott International Cl A 3,909 3,909
    210 SH Lowes Cos Inc Com 5,330 5,330
    12 SH Amazon.com Inc Com 2,077 2,077

    TY 2011 LandEtcSchedule2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Miscellaneous 536,810 511,226 25,584 25,584
    Land 10,010,665   10,010,665 10,010,665
    Improvements 2,212,230 314,444 1,897,786 1,897,786
    Buildings 51,981,564 5,473,501 46,508,063 46,508,063
    Machinery and Equipment 984,544 581,041 403,503 403,503
    Furniture and Fixtures 1,301,484 974,377 327,107 327,107
    Auto./Transportation Equip. 32,543 6,509 26,034 26,034


    TY 2011 LegalFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal 249,642 0 0 266,266


    TY 2011 MortgagesAndNotesPayableSch 
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Total Mortgage Amount: 21070000

    Item No. 1
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 6026450
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 2
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 7099100
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 3
    Lender's Name CDF Suballocatee V LLC
    Lender's Title  
    Relationship to Insider  
    Original Amount of Loan  
    Balance Due 7944450
    Date of Note  
    Maturity Date  
    Repayment Terms  
    Interest Rate  
    Security Provided by Borrower  
    Purpose of Loan  
    Description of Lender Consideration  
    Consideration FMV  


    TY 2011 OtherAssetsSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Net Intangible Assets 222,572 181,482 181,482
    Loan Disbursement Account 1,117,371 14,057 14,057
    Fee Reserve Account 474,121 488,761 488,761
    Beneficial Interest in Charitable Lead 62,805,483 59,689,647 59,689,647


    TY 2011 OtherDecreasesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Description Amount
    Unrealized Loss 2,675


    TY 2011 OtherExpensesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Waste Removal 1,207     1,207
    Utilities 223,971     223,274
    Telephone Expense 53,754     41,288
    Security 21,841     22,645
    Repairs & Maintenance 259,250     245,882
    Rental Expenses 950     665
    Recruiting and Hiring 3,352     3,352
    Program Expenses 2,263,613     2,300,218
    Postage & Delivery 4,227     4,048
    Payroll Expense 11,451     11,451
    Other Job Costs 166,063     154,496
    Office Supplies 32,266     27,802
    Miscellaneous Expense 92,828     92,543
    Meetings & Seminars 18,189     18,189
    Meals & Entertainment 13,424     12,155
    Management fees 86,000     86,000
    Janitorial 1,498     1,498
    Investment Fees 1,282 1,282    
    Internet Expense 1,412     1,412
    Insurance Expense 133,738     124,200
    Filing Fees 2,516     2,516
    Facilities Management 627,784     635,910
    Custody Fees 6,228 6,228    
    Consulting Expense 109,396     108,246
    Computer Expense 50,260     51,221
    Bank Fees 2,633     2,633
    Amortization 41,090      
    Advertising & Marketing 33,024     27,390


    TY 2011 OtherIncomeSchedule2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Rental Income - Noninvestment Property 809,700 9,300  
    Membership Dues 25,648    
    Kilimanjaro Energy, Inc -6,043,200    
    Change in Beneficial Int 1,884,164    


    TY 2011 OtherLiabilitiesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Description Beginning of Year - Book Value End of Year - Book Value
    Due to Charitable Lead Trust 7,100,000 7,100,000


    TY 2011 OtherNotesLoansRcvblShortSch2
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Name of 501(c)(3) Organization Balance Due
    Revere Properties
          		30,921
    Make Miracles Grow Foundation
          		 
    Noble Network
          		81,368
    Gary Comer Revocable Trust
          		 
    MHNU Corporation
          		310,972
    Redi 7256 LLC
          		210,000
    TNT- Comer College Prep LLC
          		7,741,309
    Kilimanjaro Energy Inc
          		 


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Professional fees 50,671 0 0 51,546


    TY 2011 SalesOfInventoryList 
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2

    Category Gross Sales Cost of Goods Sold Net (Gross Sales Minus
    Cost of Goods Sold)
      403,133 580,062 -176,929

    TY 2011 TaxesSchedule
    Name:
    Comer Science & Education Foundation
    co Lawrence Richman
    EIN: 36-4244783
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Real Estate Taxes 170,826     217,115
    Payroll Taxes 33,479     33,479
    Foreign Taxes 7 7