TY 2011 Form 990PF

- TIN:

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 03-01-2011 , and ending 02-28-2012

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

Amended returnAddress changeName change

Name of foundation
WEINSTEIN FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)ONE FERRY BUILDINGROOM/SUITE 255Room/suite

City or town, state, and ZIP code
SAN FRANCISCO, CA94111

A Employer identification number

94-3297072

B Telephone number (see page 10 of the instructions)

(208) 726-6205

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

$547,169J 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	4,966		4,966
4	Dividends and interest from securities......	8,106		8,106
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-22,796
b	Gross sales price for all assets on line 6a 1,946,446
7	Capital gain net income (from Part IV, line 2)...
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	-9,724		13,072
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............	1		1
18	Taxes (attach schedule) (see page 14 of the instructions)		25
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		926	926
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	952		927	0
25	Contributions, gifts, grants paid........	45,000			45,000
26	Total expenses and disbursements. Add lines 24 and 25	45,952		927	45,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-55,676
b	Net investment income (if negative, enter -0-)			12,145
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..........	151,650	86,063	86,063
	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)........	447,809	457,720	461,106
	c	Investments—corporate bonds (attach schedule)........
	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 )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	599,459	543,783	547,169
	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....................
	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	599,459	543,783
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	599,459	543,783
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	599,459	543,783

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	599,459
2	Enter amount from Part I, line 27a.....................	2	-55,676
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	543,783
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	543,783

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	CAPITAL TRUST-CL A	P	2010-12-03	2011-03-01
b	SDS US 03/11 C23.00	P	2011-03-04	2011-03-18
c	5.750% DUE 03-15-14	P
d	HAWAIIAN HOLDINGS INC	P	2011-03-18	2011-04-08
e	SDS US 04/11 C24.00	P	2011-03-15	2011-04-15
	JPMORGAN CHASE & CO	P	2011-03-02	2011-04-26
	CAPITAL TRUST-CL A	P	2010-12-17	2011-05-03
	FIRST TRUST ISE-REV NAT GAS	P	2011-03-30	2011-05-16
	IPATH S&P 500 VIX S/T FU ETN	P	2011-05-04	2011-06-30
	CVR PARTNERS LP	P	2011-04-20	2011-07-18
	TCB US 10/11 P16.00	P	2011-05-24	2011-08-09
	MERIT MEDICAL SYSTEMS INC	P	2011-03-22	2011-09-13
	CVR PARTNERS LP	P	2011-07-11	2011-09-27
	PROSHARES ULTRASHORT S&P500	P	2011-09-22	2011-10-14
	WAL-MART STORES INC	P	2011-10-19	2011-11-17
	PROSHARES ULTRASHORT S&P500	P	2011-10-19	2011-11-30
	ORACLE CORP	P	2011-10-14	2011-12-15
	PROSHARES ULTRASHORT S&P500	P	2011-11-25	2011-12-23
	ENBRIDGE ENERGY PARTNERS LP	P	2011-12-02	2011-12-30
	PROSHARES SHORT MSCI EMR MKT	P	2011-11-07	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-11-25	2011-12-30
	SPY US 01/21/12 P120.00	P	2011-12-28	2011-12-30
	MGIC INVESTMENT CORP	P	2012-01-04	2012-01-05
	MARKET VECTORS JR GOLD MINER	P	2011-09-02	2012-01-19
	MGIC INVESTMENT CORP	P	2012-01-05	2012-01-23
	QCOM US 02/12 C60.00	P	2012-01-19	2012-01-27
	NOVAGOLD RESOURCES INC	P	2012-01-30	2012-02-08
	BP US 02/18/12 C46.00	P	2012-02-01	2012-02-17
	DMND US 03/17/12 C25.00	P	2012-02-14	2012-02-24
	MONOTYPE IMAGING HOLDINGS IN	P	2011-05-23	2012-02-29
	IPATH S&P 500 VIX S/T FU ETN	P	2011-01-24	2011-03-02
	SDS US 03/11 C23.00	P	2011-03-07	2011-03-18
	HCA INC 5.750% 03/15/14	P	2010-01-28	2011-03-29
	CAPITAL TRUST-CL A	P	2010-12-03	2011-04-12
	SDS US 04/11 C24.00	P	2011-03-16	2011-04-15
	TCF FINANCIAL CORP	P	2011-03-23	2011-04-26
	DHT HOLDINGS INC	P	2011-03-23	2011-05-03
	FIRST TRUST ISE-REV NAT GAS	P	2011-04-29	2011-05-16
	IPATH S&P 500 VIX S/T FU ETN	P	2011-05-16	2011-06-30
	SANOFI-ADR	P	2011-04-06	2011-07-28
	TCF FINANCIAL CORP	P	2011-08-09	2011-08-09
	CVR PARTNERS LP	P	2011-04-21	2011-09-13
	MAKO SURGICAL CORP	P	2010-11-26	2011-09-29
	BROADCOM CORP-CL A	P	2011-10-18	2011-10-26
	WAL-MART STORES INC	P	2011-10-27	2011-11-17
	PROSHARES ULTRASHORT S&P500	P	2011-10-20	2011-11-30
	ORACLE CORP	P	2011-10-18	2011-12-15
	ASSURED GUARANTY LTD	P	2010-10-25	2011-12-28
	ENDEAVOUR INTERNATIONAL CORP	P	2011-03-24	2011-12-30
	PROSHARES SHORT MSCI EMR MKT	P	2011-11-09	2011-12-30
	LEXINGTON REALTY TRUST	P	2010-11-16	2011-12-30
	WEATHERFORD INTL LTD	P	2011-10-12	2011-12-30
	TSY INFL IX N/B 1.250% 07/15/20	P	2010-07-08	2012-01-05
	MARKET VECTORS JR GOLD MINER	P	2011-09-09	2012-01-19
	MARKWEST ENERGY PARTNERS LP	P	2011-12-16	2012-01-24
	DELTA AIR LINES INC	P	2012-01-20	2012-01-30
	NOVAGOLD RESOURCES INC	P	2012-01-31	2012-02-08
	ACTG US 02/18/12 C42.50	P	2012-02-16	2012-02-17
	TBT US 03/17/12 C18.00	P	2012-01-20	2012-02-24
	H&R BLOCK INC	P	2011-02-04	2011-03-08
	SDS US 03/11 C24.00	P	2011-02-23	2011-03-18
	5.750% DUE 03-15-14	P
	JPMORGAN CHASE & CO	P	2011-01-24	2011-04-13
	SDS US 04/11 C25.00	P	2011-03-16	2011-04-15
	DHT HOLDINGS INC	P	2011-03-23	2011-04-27
	DHT HOLDINGS INC	P	2011-03-23	2011-05-04
	MAKO SURGICAL CORP	P	2010-08-10	2011-05-17
	IPATH S&P 500 VIX S/T FU ETN	P	2011-06-01	2011-06-30
	SANOFI-ADR	P	2011-04-13	2011-07-28
	TCB US 10/11 P16.00	P	2011-05-24	2011-08-10
	WEATHERFORD INTL LTD	P	2011-09-08	2011-09-13
	MAKO SURGICAL CORP	P	2010-11-26	2011-09-30
	BROADCOM CORP-CL A	P	2011-10-19	2011-10-26
	GAP INC/THE	P	2011-10-21	2011-11-18
	PROSHARES ULTRASHORT S&P500	P	2011-11-04	2011-11-30
	QUALCOMM INC	P	2011-04-07	2011-12-15
	ASSURED GUARANTY LTD	P	2011-01-07	2011-12-29
	ENDEAVOUR INTERNATIONAL CORP	P	2011-03-25	2011-12-30
	PROSHARES SHORT MSCI EMR MKT	P	2011-11-23	2011-12-30
	LEXINGTON REALTY TRUST	P	2010-12-07	2011-12-30
	WEATHERFORD INTL LTD	P	2011-10-18	2011-12-30
	0.000% DUE 07-15-20	P
	MARKET VECTORS JR GOLD MINER	P	2011-12-30	2012-01-19
	MARKWEST ENERGY PARTNERS LP	P	2011-12-20	2012-01-24
	MARKET VECTORS JR GOLD MINER	P	2012-01-04	2012-01-30
	DELTA AIR LINES INC	P	2012-01-23	2012-02-09
	MAKO US 02/18/12 C40.00	P	2012-01-19	2012-02-17
	C US 03/17/12 C35.00	P	2012-02-08	2012-02-27
	SEADRILL LTD	P	2010-10-13	2011-03-09
	SDS US 03/11 C24.00	P	2011-03-02	2011-03-18
	HCA INC 5.750% 03/15/14	P	2010-02-03	2011-03-29
	MERIT MEDICAL SYSTEMS INC	P	2011-03-22	2011-04-14
	SDS US 04/11 C25.00	P	2011-03-18	2011-04-15
	MAKO SURGICAL CORP	P	2010-08-10	2011-04-27
	PROSHARES ULTRASHORT 7-10 YR	P	2011-04-08	2011-05-04
	MAKO SURGICAL CORP	P	2010-08-12	2011-05-17
	IPATH S&P 500 VIX S/T FU ETN	P	2011-06-01	2011-07-01
	SANOFI-ADR	P	2011-04-15	2011-07-28
	TCB US 10/11 P16.00	P	2011-05-25	2011-08-10
	SDS US 09/11 C27.00	P	2011-08-18	2011-09-16
	SPY US 09/30/11 P100.00	P	2011-09-23	2011-09-30
	PROSHARES ULTSHRT MSCI ERPE	P	2011-09-27	2011-10-27
	GAP INC/THE	P	2011-10-27	2011-11-18
	PROSHARES ULTRASHORT EURO	P	2011-08-02	2011-12-06
	BLACKSTONE GROUP LP/THE	P	2011-10-24	2011-12-19
	MONOTYPE IMAGING HOLDINGS IN	P	2011-04-04	2011-12-29
	ENDEAVOUR INTERNATIONAL CORP	P	2011-03-28	2011-12-30
	PROSHARES SHORT MSCI EMR MKT	P	2011-12-08	2011-12-30
	LEXINGTON REALTY TRUST	P	2011-03-23	2011-12-30
	WEATHERFORD INTL LTD	P	2011-10-21	2011-12-30
	GE US 01/21/12 C17.50	P	2011-12-30	2012-01-09
	MAKO SURGICAL CORP	P	2012-01-04	2012-01-19
	MARKWEST ENERGY PARTNERS LP	P	2011-12-30	2012-01-24
	MARKET VECTORS JR GOLD MINER	P	2012-01-23	2012-01-30
	ELAN CORP PLC -SPONS ADR	P	2012-01-20	2012-02-09
	MAKO US 02/18/12 C40.00	P	2012-01-23	2012-02-17
	C US 03/17/12 C35.00	P	2012-02-16	2012-02-27
	H&R BLOCK INC	P	2011-02-04	2011-03-10
	SDS US 03/11 C25.00	P	2010-12-09	2011-03-18
	5.750% DUE 03-15-14	P
	PROSHARES ULTRASHORT YEN	P	2011-03-29	2011-04-14
	PROSHARES ULTRASHORT 7-10 YR	P	2011-04-07	2011-04-18
	MERIT MEDICAL SYSTEMS INC	P	2011-03-22	2011-04-27
	PROSHARES ULTRASHORT 20+Y TR	P	2011-04-08	2011-05-04
	NXP SEMICONDUCTORS NV	P	2011-02-04	2011-05-17
	IPATH S&P 500 VIX S/T FU ETN	P	2011-06-08	2011-07-01
	QUALCOMM INC	P	2011-04-06	2011-07-29
	TCB US 10/11 P16.00	P	2011-06-24	2011-08-10
	SDS US 09/11 C27.00	P	2011-08-22	2011-09-16
	PROSHARES ULTRASHORT S&P500	P	2011-05-24	2011-10-06
	PROSHARES SHORT MSCI EMR MKT	P	2011-09-30	2011-10-27
	GAP INC/THE	P	2011-11-03	2011-11-18
	TSY INFL IX N/B 1.250% 07/15/20	P	2010-07-08	2011-12-08
	QUALCOMM INC	P	2011-04-07	2011-12-19
	MONOTYPE IMAGING HOLDINGS IN	P	2011-04-11	2011-12-29
	ENDEAVOUR INTERNATIONAL CORP	P	2011-03-29	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-09-21	2011-12-30
	LEXINGTON REALTY TRUST	P	2011-04-15	2011-12-30
	WEATHERFORD INTL LTD	P	2011-10-24	2011-12-30
	ELN US 01/12 C12.50	P	2011-12-30	2012-01-10
	QCOM US 01/21/12 C57.50	P	2012-01-17	2012-01-19
	MARKWEST ENERGY PARTNERS LP	P	2012-01-03	2012-01-24
	MARKET VECTORS JR GOLD MINER	P	2012-01-26	2012-01-30
	DELTA AIR LINES INC	P	2012-01-23	2012-02-10
	MAKO US 02/18/12 C40.00	P	2012-01-31	2012-02-17
	C US 03/17/12 C35.00	P	2012-02-17	2012-02-27
	LEXINGTON REALTY TRUST	P	2010-11-16	2011-03-10
	ACCURAY INC	P	2011-03-07	2011-03-22
	HAWAIIAN HOLDINGS INC	P	2010-10-12	2011-03-31
	PROSHARES ULTRASHORT YEN	P	2011-03-30	2011-04-14
	PROSHARES ULTRASHORT 20+Y TR	P	2011-04-07	2011-04-18
	TCF FINANCIAL CORP	P	2011-03-23	2011-04-27
	VANTAGE DRILLING CO	P	2010-10-08	2011-05-04
	QUALCOMM INC	P	2011-03-18	2011-05-17
	PROSHARES ULTRASHORT S&P500	P	2011-05-03	2011-07-05
	CVR PARTNERS LP	P	2011-04-20	2011-07-29
	TCF FINANCIAL CORP	P	2011-08-10	2011-08-10
	SDS US 09/11 C27.00	P	2011-09-01	2011-09-16
	PROSHARES ULTRASHORT S&P500	P	2011-05-24	2011-10-07
	MAKO SURGICAL CORP	P	2010-11-26	2011-10-27
	IWM US 11/11 C80.00	P	2011-11-08	2011-11-18
	0.000% DUE 07-15-20	P
	QUALCOMM INC	P	2011-04-26	2011-12-19
	MONOTYPE IMAGING HOLDINGS IN	P	2011-04-12	2011-12-29
	ENDEAVOUR INTERNATIONAL CORP	P	2011-03-30	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-09-22	2011-12-30
	METROCORP BANCSHARES INC	P	2011-05-27	2011-12-30
	WEATHERFORD INTL LTD	P	2011-10-27	2011-12-30
	ELN US 01/12 C12.50	P	2012-01-04	2012-01-10
	XLF US 01/21/12 C14.00	P	2012-01-12	2012-01-19
	MITEK SYSTEMS INC	P	2011-12-29	2012-01-26
	BP PLC-SPONS ADR	P	2012-01-17	2012-02-01
	DELTA AIR LINES INC	P	2012-01-26	2012-02-10
	QCOM US 02/18/12 C62.50	P	2012-02-02	2012-02-17
	EXTERRAN PARTNERS LP	P	2011-12-29	2012-02-27
	JPMORGAN CHASE & CO	P	2011-01-18	2011-03-14
	ELAN CORP PLC -SPONS ADR	P	2011-01-25	2011-03-23
	HAWAIIAN HOLDINGS INC	P	2010-10-12	2011-04-01
	PROSHARES ULTRASHORT 20+Y TR	P	2011-03-28	2011-04-14
	CAPITAL TRUST-CL A	P	2010-12-03	2011-04-19
	CAPITAL TRUST-CL A	P	2010-12-17	2011-04-28
	DHT HOLDINGS INC	P	2011-03-23	2011-05-05
	MAKO SURGICAL CORP	P	2010-08-12	2011-05-18
	IPATH S&P 500 VIX S/T FU ETN	P	2011-06-10	2011-07-05
	CVR PARTNERS LP	P	2011-04-21	2011-08-01
	CVR PARTNERS LP	P	2011-04-21	2011-08-11
	SDS US 09/11 C27.00	P	2011-09-08	2011-09-16
	PROSHARES ULTRASHORT YEN	P	2011-09-30	2011-10-10
	MAKO SURGICAL CORP	P	2010-12-02	2011-11-02
	BLACKSTONE GROUP LP/THE	P	2011-10-21	2011-11-21
	BROADCOM CORP-CL A	P	2011-11-30	2011-12-09
	PROSHARES ULTRASHORT EURO	P	2011-09-08	2011-12-20
	ASSURED GUARANTY LTD	P	2011-02-03	2011-12-30
	ENDEAVOUR INTERNATIONAL CORP	P	2011-03-31	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-09-27	2011-12-30
	METROCORP BANCSHARES INC	P	2011-05-31	2011-12-30
	WEATHERFORD INTL LTD	P	2011-11-03	2011-12-30
	GE US 01/21/12 C17.50	P	2011-12-30	2012-01-10
	MARKET VECTORS JR GOLD MINER	P	2012-01-03	2012-01-20
	MGIC INVESTMENT CORP	P	2012-01-05	2012-01-26
	QCOM US 02/18/12 C60.00	P	2012-01-19	2012-02-01
	RADIAN GROUP INC	P	2012-02-09	2012-02-10
	QCOM US 02/18/12 C62.50	P	2012-02-06	2012-02-17
	RITE AID CORP	P	2012-02-08	2012-02-27
	JPMORGAN CHASE & CO	P	2011-01-19	2011-03-14
	ELAN CORP PLC -SPONS ADR	P	2011-01-26	2011-03-23
	HAWAIIAN HOLDINGS INC	P	2010-10-12	2011-04-04
	PROSHARES ULTRASHORT 7-10 YR	P	2011-03-28	2011-04-14
	PROSHARES ULTRASHORT 7-10 YR	P	2011-04-07	2011-04-19
	CAPITAL TRUST-CL A	P	2010-12-17	2011-04-29
	VANTAGE DRILLING CO	P	2010-10-08	2011-05-06
	EL PASO PIPELINE PARTNERS LP	P	2011-05-13	2011-06-01
	PROSHARES ULTRASHORT S&P500	P	2011-05-03	2011-07-06
	CVR PARTNERS LP	P	2011-04-21	2011-08-02
	MAKO SURGICAL CORP	P	2010-08-12	2011-08-12
	CVR PARTNERS LP	P	2011-04-21	2011-09-20
	PROSHARES ULTRASHORT S&P500	P	2011-05-24	2011-10-11
	MERIT MEDICAL SYSTEMS INC	P	2011-03-22	2011-11-02
	WEATHERFORD INTL LTD	P	2011-10-11	2011-11-21
	TSY INFL IX N/B 1.250% 07/15/20	P	2010-07-08	2011-12-12
	PROSHARES ULTRASHORT EURO	P	2011-09-09	2011-12-20
	BLACKSTONE GROUP LP/THE	P	2011-10-27	2011-12-30
	ENDEAVOUR INTERNATIONAL CORP	P	2011-04-04	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-09-30	2011-12-30
	NXP SEMICONDUCTORS NV	P	2011-02-04	2011-12-30
	WEATHERFORD INTL LTD	P	2011-12-07	2011-12-30
	MAKO SURGICAL CORP	P	2011-12-30	2012-01-12
	QCOM US 01/21/12 C57.50	P	2012-01-17	2012-01-20
	MGIC INVESTMENT CORP	P	2012-01-10	2012-01-26
	QCOM US 02/18/12 C60.00	P	2012-01-20	2012-02-02
	BP US 02/18/12 C46.00	P	2012-02-01	2012-02-13
	QCOM US 02/18/12 C62.50	P	2012-02-09	2012-02-17
	RITE AID CORP	P	2012-02-09	2012-02-27
	JPMORGAN CHASE & CO	P	2011-01-21	2011-03-14
	ELAN CORP PLC -SPONS ADR	P	2011-02-08	2011-03-23
	NXP SEMICONDUCTORS NV	P	2011-01-26	2011-04-05
	PROSHARES ULTRASHORT 7-10 YR	P	2011-03-29	2011-04-14
	PROSHARES ULTRASHORT 7-10 YR	P	2011-04-08	2011-04-19
	DHT HOLDINGS INC	P	2011-03-23	2011-04-29
	CAPITAL TRUST-CL A	P	2010-12-17	2011-05-09
	EQUITY LIFESTYLE PROPERTIES	P	2011-06-02	2011-06-10
	IPATH S&P 500 VIX S/T FU ETN	P	2011-06-10	2011-07-06
	SANOFI-ADR	P	2011-04-15	2011-08-03
	SDS US 08/11 C25.00	P	2011-08-08	2011-08-18
	MAKO SURGICAL CORP	P	2010-11-26	2011-09-22
	PROSHARES ULTRASHORT S&P500	P	2011-05-24	2011-10-12
	MERIT MEDICAL SYSTEMS INC	P	2011-03-23	2011-11-02
	BLACKSTONE GROUP LP/THE	P	2011-10-21	2011-11-22
	0.000% DUE 07-15-20	P
	PROSHARES ULTRASHORT EURO	P	2011-09-21	2011-12-20
	CREXUS INVESTMENT CORP	P	2011-03-28	2011-12-30
	ENDEAVOUR INTERNATIONAL CORP	P	2011-04-20	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-10-07	2011-12-30
	NXP SEMICONDUCTORS NV	P	2011-02-14	2011-12-30
	PROSHARES ULTRASHORT S&P500	P	2011-12-30	2012-01-03
	MAKO SURGICAL CORP	P	2011-12-30	2012-01-13
	XLF US 01/21/12 C14.00	P	2012-01-12	2012-01-20
	MARKWEST ENERGY PARTNERS LP	P	2012-01-04	2012-01-26
	QCOM US 02/18/12 C60.00	P	2012-01-23	2012-02-02
	GE US 02/18/12 C19.00	P	2012-02-06	2012-02-13
	QCOM US 02/18/12 C62.50	P	2012-02-15	2012-02-17
	EXTERRAN PARTNERS LP	P	2011-12-30	2012-02-28
	IPATH S&P 500 VIX S/T FU ETN	P	2011-01-24	2011-03-14
	H&R BLOCK INC	P	2011-02-09	2011-03-23
	CAPITAL TRUST-CL A	P	2010-12-03	2011-04-05
	MAKO SURGICAL CORP	P	2010-08-10	2011-04-14
	PROSHARES ULTRASHORT 20+Y TR	P	2011-04-07	2011-04-19
	ISHARES MSCI CANADA	P	2011-03-23	2011-04-29
	VANTAGE DRILLING CO	P	2010-10-08	2011-05-09
	IPATH S&P 500 VIX S/T FU ETN	P	2011-03-16	2011-06-21
	IPATH S&P 500 VIX S/T FU ETN	P	2011-06-15	2011-07-06
	SANOFI-ADR	P	2011-04-28	2011-08-03
	SDS US 08/11 C25.00	P	2011-08-09	2011-08-18
	CVR PARTNERS LP	P	2011-04-21	2011-09-22
	PROSHARES ULTRASHORT S&P500	P	2011-06-08	2011-10-12
	MERIT MEDICAL SYSTEMS INC	P	2011-03-23	2011-11-03
	BLACKSTONE GROUP LP/THE	P	2011-10-24	2011-11-28
	BROADCOM CORP-CL A	P	2011-11-30	2011-12-13
	ORACLE CORP	P	2011-10-18	2011-12-21
	CREXUS INVESTMENT CORP	P	2011-03-29	2011-12-30
	ENDEAVOUR INTERNATIONAL CORP	P	2011-04-21	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-10-18	2011-12-30
	NXP SEMICONDUCTORS NV	P	2011-02-25	2011-12-30
	MITEK SYSTEMS INC	P	2011-12-29	2012-01-04
	GE US 01/21/12 C19.00	P	2012-01-10	2012-01-17
	XLF US 01/21/12 C14.00	P	2012-01-13	2012-01-20
	QCOM US 02/12 C60.00	P	2012-01-19	2012-01-26
	MITEK SYSTEMS INC	P	2011-12-30	2012-02-03
	GE US 02/18/12 C19.00	P	2012-02-07	2012-02-13
	QCOM US 02/18/12 C62.50	P	2012-02-15	2012-02-17
	MONOTYPE IMAGING HOLDINGS IN	P	2011-05-19	2012-02-28
	SDS US 03/11 C23.00	P	2011-03-04	2011-03-15
	IPATH S&P 500 VIX S/T FU ETN	P	2011-02-23	2011-03-23
	HAWAIIAN HOLDINGS INC	P	2010-10-12	2011-04-06
	NXP SEMICONDUCTORS NV	P	2011-01-26	2011-04-15
	IPATH S&P 500 VIX S/T FU ETN	P	2011-03-16	2011-04-20
	ISHARES MSCI CANADA	P	2011-03-31	2011-04-29
	CAPITAL TRUST-CL A	P	2011-01-03	2011-05-10
	MATERIALS SELECT SECTOR SPDR	P	2011-06-01	2011-06-21
	PROSHARES ULTRASHORT S&P500	P	2011-05-03	2011-07-07
	SDS US 08/11 C22.00	P	2011-07-11	2011-08-08
	SDS US 08/11 C25.00	P	2011-08-10	2011-08-18
	CVR PARTNERS LP	P	2011-04-26	2011-09-23
	PROSHARES ULTRASHORT S&P500	P	2011-06-10	2011-10-12
	MERIT MEDICAL SYSTEMS INC	P	2011-03-30	2011-11-03
	PROSHARES ULTSHRT MSCI ERPE	P	2011-10-07	2011-11-30
	BROADCOM CORP-CL A	P	2011-12-01	2011-12-13
	ORACLE CORP	P	2011-10-24	2011-12-21
	CREXUS INVESTMENT CORP	P	2011-04-04	2011-12-30
	ENDEAVOUR INTERNATIONAL CORP	P	2011-04-26	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-10-20	2011-12-30
	NXP SEMICONDUCTORS NV	P	2011-03-31	2011-12-30
	MONOTYPE IMAGING HOLDINGS IN	P	2011-04-18	2012-01-04
	MGIC INVESTMENT CORP	P	2012-01-04	2012-01-17
	XLF US 01/21/12 C14.00	P	2012-01-17	2012-01-20
	ASSURED GUARANTY LTD	P	2011-03-14	2012-01-27
	MITEK SYSTEMS INC	P	2011-12-30	2012-02-06
	SSO US 02/18/12 P53.00	P	2012-02-10	2012-02-13
	ASSURED GUARANTY LTD	P	2011-03-25	2012-02-21
	MAKO US 03/17/12 C35.00	P	2012-02-10	2012-02-28
	SDS US 03/11 C24.00	P	2011-02-23	2011-03-15
	IPATH S&P 500 VIX S/T FU ETN	P	2011-02-23	2011-03-25
	HAWAIIAN HOLDINGS INC	P	2011-02-14	2011-04-06
	NXP SEMICONDUCTORS NV	P	2011-02-04	2011-04-15
	JPMORGAN CHASE & CO	P	2011-03-02	2011-04-21
	PROSHARES ULTRASHORT S&P500	P	2011-04-11	2011-04-29
	IPATH S&P 500 VIX S/T FU ETN	P	2011-03-16	2011-05-10
	IPATH S&P 500 VIX S/T FU ETN	P	2011-05-03	2011-06-28
	PROSHARES ULTRASHORT S&P500	P	2011-05-16	2011-07-07
	SDS US 08/11 C22.00	P	2011-07-13	2011-08-08
	SDS US 08/11 C25.00	P	2011-08-16	2011-08-18
	CVR PARTNERS LP	P	2011-07-06	2011-09-26
	PROSHARES ULTRASHORT S&P500	P	2011-06-15	2011-10-12
	MERIT MEDICAL SYSTEMS INC	P	2011-04-08	2011-11-03
	PROSHARES SHORT MSCI EMR MKT	P	2011-10-07	2011-11-30
	MARKET VECTORS JR GOLD MINER	P	2011-09-02	2011-12-14
	ORACLE CORP	P	2011-10-27	2011-12-21
	CREXUS INVESTMENT CORP	P	2011-04-05	2011-12-30
	ENDEAVOUR INTERNATIONAL CORP	P	2011-08-23	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-11-07	2011-12-30
	QUALCOMM INC	P	2011-04-26	2011-12-30
	MONOTYPE IMAGING HOLDINGS IN	P	2011-05-02	2012-01-04
	QCOM US 01/21/12 C55.00	P	2012-01-04	2012-01-17
	ELN US 01/12 C14.00	P	2012-01-10	2012-01-20
	BP PLC-SPONS ADR	P	2012-01-17	2012-01-27
	QCOM US 02/18/12 C60.00	P	2012-01-23	2012-02-06
	ASSURED GUARANTY LTD	P	2011-03-25	2012-02-14
	ASSURED GUARANTY LTD	P	2011-03-25	2012-02-23
	GLD US 04/21/12 C178.00	P	2012-02-22	2012-02-29
	IPATH S&P 500 VIX S/T FU ETN	P	2011-02-03	2011-03-15
	IPATH S&P 500 VIX S/T FU ETN	P	2011-02-23	2011-03-28
	HAWAIIAN HOLDINGS INC	P	2011-02-14	2011-04-07
	QUALCOMM INC	P	2011-03-18	2011-04-15
	PROSHARES ULTRASHORT YEN	P	2011-04-01	2011-04-21
	IPATH S&P 500 VIX S/T FU ETN	P	2011-03-16	2011-04-29
	CAPITAL TRUST-CL A	P	2011-01-03	2011-05-11
	IPATH S&P 500 VIX S/T FU ETN	P	2011-05-03	2011-06-29
	METROCORP BANCSHARES INC	P	2011-05-27	2011-07-11
	SDS US 08/11 C22.00	P	2011-07-18	2011-08-08
	QUALCOMM INC	P	2011-04-07	2011-08-22
	PROSHARES ULTRASHORT S&P500	P	2011-05-16	2011-09-27
	PROSHARES ULTRASHORT S&P500	P	2011-09-12	2011-10-12
	MAKO SURGICAL CORP	P	2010-12-02	2011-11-10
	PROSHARES SHORT MSCI EMR MKT	P	2011-10-25	2011-11-30
	SPY US 12/17/11 P120.00	P	2011-12-05	2011-12-14
	PROSHARES ULTRASHORT S&P500	P	2011-11-04	2011-12-23
	CREXUS INVESTMENT CORP	P	2011-04-28	2011-12-30
	ENDEAVOUR INTERNATIONAL CORP	P	2011-08-24	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-11-09	2011-12-30
	SPY US 01/21/12 P120.00	P	2011-12-13	2011-12-30
	MONOTYPE IMAGING HOLDINGS IN	P	2011-05-03	2012-01-04
	QCOM US 01/21/12 C55.00	P	2012-01-05	2012-01-17
	ELN US 01/12 C14.00	P	2012-01-13	2012-01-20
	MITEK SYSTEMS INC	P	2011-12-29	2012-01-27
	DELTA AIR LINES INC	P	2012-01-20	2012-02-08
	DIAMOND FOODS INC	P	2012-02-08	2012-02-14
	ASSURED GUARANTY LTD	P	2011-06-01	2012-02-23
	GLD US 04/21/12 C178.00	P	2012-02-23	2012-02-29
	SDS US 03/11 C23.00	P	2011-03-04	2011-03-16
	IPATH S&P 500 VIX S/T FU ETN	P	2011-03-16	2011-03-28
	HAWAIIAN HOLDINGS INC	P	2011-03-18	2011-04-07
	VANTAGE DRILLING CO	P	2010-10-08	2011-04-15
	CAPITAL TRUST-CL A	P	2010-12-03	2011-04-25
	DHT HOLDINGS INC	P	2011-03-23	2011-05-02
	FIRST TRUST ISE-REV NAT GAS	P	2011-03-30	2011-05-12
	PROSHARES ULTRASHORT EURO	P	2011-05-20	2011-06-30
	PROSHARES ULTRASHORT YEN	P	2011-04-01	2011-07-11
	SDS US 08/11 C22.00	P	2011-08-01	2011-08-08
	MAKO SURGICAL CORP	P	2010-08-12	2011-08-26
	PROSHARES ULTRASHORT S&P500	P	2011-05-24	2011-09-27
	PROSHARES ULTRASHORT S&P500	P	2011-09-12	2011-10-13
	GAP INC/THE	P	2011-10-13	2011-11-15
	PROSHARES ULTRASHORT S&P500	P	2011-09-22	2011-11-30
	SPY US 12/17/11 P120.00	P	2011-12-06	2011-12-14
	PROSHARES ULTRASHORT S&P500	P	2011-11-09	2011-12-23
	CREXUS INVESTMENT CORP	P	2011-05-02	2011-12-30
	PROSHARES ULTSHRT MSCI ERPE	P	2011-10-25	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-11-16	2011-12-30
	SPY US 01/21/12 P120.00	P	2011-12-14	2011-12-30
	MONOTYPE IMAGING HOLDINGS IN	P	2011-05-04	2012-01-04
	QCOM US 01/21/12 C55.00	P	2012-01-06	2012-01-17
	ASSURED GUARANTY LTD	P	2011-03-14	2012-01-23
	MITEK SYSTEMS INC	P	2011-12-30	2012-01-27
	ELAN CORP PLC -SPONS ADR	P	2012-01-20	2012-02-08
	DIAMOND FOODS INC	P	2012-02-09	2012-02-14
	EXTERRAN PARTNERS LP	P	2011-12-29	2012-02-23
	MAKO US 03/17/12 C35.00	P	2012-02-10	2012-02-29
	SDS US 03/11 C30.00	P	2010-12-09	2011-03-18
	HCA INC 5.750% 03/15/14	P	2010-01-27	2011-03-29
	HAWAIIAN HOLDINGS INC	P	2011-03-18	2011-04-07
	HRB US 04/11 P15.00	P	2011-03-10	2011-04-15
	DHT HOLDINGS INC	P	2011-03-23	2011-04-26
	PROSHARES ULTRASHORT S&P500	P	2011-04-11	2011-05-02
	FIRST TRUST ISE-REV NAT GAS	P	2011-03-30	2011-05-13
	PROSHARES ULTRASHORT EURO	P	2011-06-15	2011-06-30
	PROSHARES ULTRASHORT YEN	P	2011-04-06	2011-07-11
	TCB US 10/11 P16.00	P	2011-04-15	2011-08-09
	MAKO SURGICAL CORP	P	2010-11-26	2011-08-31
	CVR PARTNERS LP	P	2011-07-07	2011-09-27
	PROSHARES ULTRASHORT S&P500	P	2011-09-20	2011-10-14
	WAL-MART STORES INC	P	2011-10-14	2011-11-17
	PROSHARES ULTRASHORT S&P500	P	2011-09-30	2011-11-30
	SPY US 12/17/11 P120.00	P	2011-12-07	2011-12-14
	PROSHARES ULTRASHORT S&P500	P	2011-11-23	2011-12-23
	CREXUS INVESTMENT CORP	P	2011-07-05	2011-12-30
	PROSHARES ULTSHRT MSCI ERPE	P	2011-11-07	2011-12-30
	PROSHARES ULTRASHORT EURO	P	2011-11-23	2011-12-30
	SPY US 01/21/12 P120.00	P	2011-12-19	2011-12-30
	MONOTYPE IMAGING HOLDINGS IN	P	2011-05-18	2012-01-04
	QCOM US 01/21/12 C55.00	P	2012-01-10	2012-01-17
	MGIC INVESTMENT CORP	P	2012-01-04	2012-01-23
	MARKWEST ENERGY PARTNERS LP	P	2012-01-04	2012-01-27
	MITEK SYSTEMS INC	P	2011-12-30	2012-02-08
	BP US 02/18/12 C46.00	P	2012-02-01	2012-02-16
	EXTERRAN PARTNERS LP	P	2011-12-29	2012-02-24
	MONOTYPE IMAGING HOLDINGS IN	P	2011-05-19	2012-02-29

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	7,182	3,245	3,937
b		357	-357
c
d	5,978	6,882	-904
e		4,577	-4,577
	17,884	18,287	-403
	1,880	575	1,305
	4,209	4,654	-445
	2,105	2,509	-404
	4,884	3,804	1,080
	737	737
	5,304	6,097	-793
	2,584	2,298	286
	6,454	7,788	-1,334
	5,641	5,629	12
	6,075	6,554	-479
	2,898	3,171	-273
	1,906	2,322	-416
	6,562	6,102	460
	3,338	3,202	136
	2,016	1,959	57
	151	225	-74
	2,183	1,886	297
	2,650	3,833	-1,183
	6,080	5,897	183
	1,369	1,568	-199
	4,205	5,283	-1,078
	1,102	1,317	-215
	390	537	-147
	1,406	1,430	-24
	16,025	16,208	-183
		563	-563
	10,690	9,772	918
	3,856	1,298	2,558
		6,560	-6,560
	7,593	7,832	-239
	1,676	1,895	-219
	2,105	2,360	-255
	2,105	2,414	-309
	7,706	7,292	414
	12,699	9,386	3,313
	2,511	1,962	549
	3,647	1,160	2,487
	7,115	7,621	-506
	5,641	5,775	-134
	4,050	4,459	-409
	2,898	3,173	-275
	6,648	10,504	-3,856
	2,537	3,417	-880
	6,676	6,570	106
	3,739	3,914	-175
	2,820	2,826	-6
	14,697	14,697
	2,650	3,888	-1,238
	5,709	5,415	294
	5,127	4,755	372
	841	1,054	-213
		532	-532
	1,090	1,782	-692
	18,912	22,742	-3,830
		996	-996

	23,087	22,676	411
		2,380	-2,380
	7,721	8,526	-805
	830	947	-117
	5,123	2,214	2,909
	2,105	2,248	-143
	3,853	3,727	126
	184	184
	4,804	5,043	-239
	3,427	1,160	2,267
	3,557	3,764	-207
	5,581	5,591	-10
	2,025	2,038	-13
	5,219	5,370	-151
	6,558	9,778	-3,220
	2,537	3,465	-928
	3,338	3,590	-252
	11,216	12,655	-1,439
	4,230	4,503	-273

	7,950	7,352	598
	5,709	5,399	310
	14,642	13,045	1,597
	3,232	2,882	350
		465	-465
	116	669	-553
	36,538	30,237	6,301
		1,121	-1,121
	4,785	4,430	355
	2,165	1,905	260
		1,283	-1,283
	5,376	2,214	3,162
	4,028	4,310	-282
	2,561	1,048	1,513
	4,042	4,496	-454
	3,853	3,757	96
	1,008	1,008
		3,676	-3,676
		214	-214
	4,143	5,824	-1,681
	3,721	3,869	-148
	3,776	3,514	262
	4,089	4,303	-214
	1,598	1,388	210
	846	1,183	-337
	6,676	6,648	28
	3,739	4,633	-894
	1,410	1,527	-117
	572	420	152
	17,774	14,118	3,656
	5,709	5,464	245
	5,857	5,604	253
	5,222	5,328	-106
		619	-619
	116	281	-165
	12,608	16,263	-3,655
		19,684	-19,684

	1,615	1,608	7
	4,163	4,288	-125
	4,755	3,811	944
	6,963	7,808	-845
	5,456	5,468	-12
	2,021	2,282	-261
	5,493	5,338	155
	1,393	1,393
		185	-185
	17,032	14,651	2,381
	6,200	7,505	-1,305
	1,860	1,931	-71
	7,602	6,732	870
	5,219	5,370	-151
	1,598	1,374	224
	2,537	3,675	-1,138
	2,016	1,863	153
	5,982	7,586	-1,604
	2,820	3,060	-240
	3,341	3,451	-110
	3,598	1,704	1,894
	11,418	11,003	415
	8,785	8,906	-121
	7,576	6,724	852
		535	-535
	116	290	-174
	4,498	3,914	584
	22,360	23,157	-797
	591	640	-49
	1,615	1,630	-15
	3,668	3,864	-196
	7,593	7,832	-239
	1,802	1,783	19
	5,599	5,161	438
	5,961	6,031	-70
	2,353	1,902	451
	14,992	10,997	3,995
		92	-92
	4,712	4,186	526
	3,818	1,160	2,658
		587	-587

	5,219	5,731	-512
	1,598	1,351	247
	846	1,256	-410
	2,016	1,931	85
	618	656	-38
	1,410	1,627	-217
	3,341	2,839	502
	379	626	-247
	4,352	3,690	662
	13,746	13,292	454
	5,411	5,247	164
	366	2,207	-1,841
	4,955	3,978	977
	9,005	9,029	-24
	15,739	17,595	-1,856
	5,895	6,401	-506
	7,506	7,522	-16
	5,540	1,947	3,593
	2,171	719	1,452
	1,244	1,421	-177
	2,788	1,048	1,740
	6,025	6,904	-879
	4,788	3,924	864
	2,223	1,962	261
		79	-79
	5,398	5,531	-133
	10,880	3,558	7,322
	2,574	2,828	-254
	2,989	3,038	-49
	1,981	1,805	176
	6,535	7,530	-995
	846	1,270	-424
	2,016	1,883	133
	618	657	-39
	1,410	1,613	-203
	4,051	2,521	1,530
	13,280	12,962	318
	3,875	3,931	-56
	3,074	2,613	461
	8,697	9,393	-696
	183	606	-423
	11,413	12,075	-662
	4,503	4,456	47
	9,443	10,731	-1,288
	5,253	5,761	-508
	4,191	4,247	-56
	4,129	4,288	-159
	2,457	719	1,738
	8,372	8,104	268
	13,628	13,795	-167
	4,009	4,021	-12
	2,408	1,962	446
	2,988	1,048	1,940
	2,688	1,962	726
	4,485	4,186	299
	9,279	11,051	-1,772
	2,784	2,794	-10
	7,009	7,009
	1,981	1,852	129
	5,508	6,095	-587
	1,691	2,672	-981
	2,016	1,934	82
	3,032	5,468	-2,436
	1,410	1,490	-80
	17,100	13,013	4,087
	1,590	1,704	-114
	11,625	12,333	-708
	6,706	3,224	3,482
	539	439	100
	46	213	-167
	3,805	4,053	-248
	9,005	9,059	-54
	6,295	7,077	-782
	3,101	2,603	498
	4,191	4,250	-59
	4,129	4,310	-181
	1,288	1,421	-133
	2,950	863	2,087
	6,162	5,950	212
	2,046	2,301	-255
	7,467	7,514	-47
	2,063	4,319	-2,256
	3,707	1,160	2,547
	8,732	8,372	360
	3,519	4,242	-723
	2,575	2,828	-253

	1,981	1,863	118
	1,030	1,187	-157
	846	1,462	-616
	2,016	1,928	88
	7,581	12,710	-5,129
	27,693	28,913	-1,220
	17,063	13,013	4,050
	536	939	-403
	11,480	10,941	539
	958	543	415
	893	1,608	-715
	128	248	-120
	7,439	6,079	1,360
	16,797	16,208	589
	19,300	24,106	-4,806
	4,442	1,947	2,495
	2,567	1,107	1,460
	3,615	3,864	-249
	6,730	6,664	66
	2,326	2,269	57
	4,613	7,455	-2,842
	2,046	2,402	-356
	3,734	3,956	-222
	86	332	-246
	2,497	1,962	535
	2,183	2,217	-34
	9,435	11,183	-1,748
	1,287	1,434	-147
	2,830	3,038	-208
	2,567	3,173	-606
	8,240	9,275	-1,035
	4,228	7,374	-3,146
	2,016	1,844	172
	7,581	15,224	-7,643
	6,948	7,380	-432
	710	818	-108
	447	479	-32
	1,273	1,045	228
	6,681	5,911	770
	446	609	-163
		195	-195
	2,852	2,977	-125
	769	832	-63
	15,750	16,882	-1,132
	2,853	3,200	-347
	12,914	10,412	2,502
	5,110	7,455	-2,345
	23,554	23,649	-95
	2,466	765	1,701
	3,853	3,788	65
	7,791	8,042	-251
	1,817	274	1,543
	86	226	-140
	2,390	2,030	360
	2,183	2,255	-72
	1,627	1,980	-353
	4,661	5,711	-1,050
	2,830	3,045	-215
	2,567	3,285	-718
	1,030	1,161	-131
	4,228	7,536	-3,308
	2,016	1,853	163
	1,516	3,054	-1,538
	1,537	1,333	204
	9,698	9,429	269
	894	1,200	-306
	3,023	2,831	192
	1,768	1,478	290
	1,053	2,873	-1,820
	3,456	3,000	456
	1,570	605	965
	688	2,988	-2,300
	11,858	13,505	-1,647
	2,282	2,908	-626
	3,229	2,734	495
	4,445	4,572	-127
	1,959	2,087	-128
	6,925	11,183	-4,258
	2,320	2,483	-163
	1,948	2,080	-132
	1,817	281	1,536
	86	32	54
	2,433	2,308	125
	2,183	2,250	-67
	1,627	2,086	-459
	3,265	3,669	-404
	7,618	11,498	-3,880
	2,567	3,344	-777
	2,060	2,317	-257
	1,691	1,646	45
	2,016	1,828	188
	5,474	5,731	-257
	1,537	1,314	223
	5,333	4,576	757
		1,981	-1,981
	8,750	8,861	-111
	1,267	1,087	180
	3,439	3,000	439
	1,758	1,500	258
	524	1,546	-1,022
	17,241	15,459	1,782
	2,989	3,376	-387
	3,368	4,362	-994
	20,868	20,643	225
	1,558	1,686	-128
	4,624	7,455	-2,831
	11,689	3,825	7,864
	4,438	4,967	-529
	628	656	-28
	3,633	697	2,936
	9,367	10,740	-1,373
	4,609	4,160	449
	4,366	5,105	-739
	6,604	2,372	4,232
	6,530	6,676	-146
	278	307	-29
	3,812	4,077	-265
	2,060	2,322	-262
	1,691	1,746	-55
	8,064	7,493	571
	226	950	-724
	3,074	2,643	431
	3,200	2,416	784
		873	-873
	8,678	7,380	1,298
	10,873	9,510	1,363
	6,484	7,003	-519
	1,758	1,724	34
	105	332	-227
	654	595	59
	2,989	3,728	-739
	62	69	-7
	4,576	4,052	524
	3,960	1,298	2,662
	2,135	2,368	-233
	10,603	11,634	-1,031
	6,638	7,098	-460
	7,485	8,429	-944
	727	130	597
	6,457	2,096	4,361
	4,609	4,186	423
	2,216	2,553	-337
	5,982	5,427	555
	2,025	2,596	-571
	139	161	-22
	3,812	4,120	-308
	1,030	1,172	-142
	4,701	4,760	-59
	2,016	1,894	122
	151	688	-537
	1,537	1,376	161
	2,133	1,687	446
	4,697	4,247	450
	4,339	3,694	645
	5,513	5,328	185
	4,323	4,647	-324
	12,090	9,945	2,145
	1,009	403	606
	7,905		7,905
	20,159	18,377	1,782
	2,183	2,434	-251
		1,454	-1,454
	6,608	7,105	-497
	3,894	4,174	-280
	4,229	4,654	-425
	4,978	5,277	-299
	1,497	1,720	-223
	946	946
	3,528	1,160	2,368
	2,584	2,360	224
	4,303	4,512	-209
	5,641	5,540	101
	2,025	2,545	-520
	69	76	-7
	1,906	2,298	-392
	1,030	1,128	-98
	4,701	4,773	-72
	2,016	1,932	84
	75	325	-250
	1,537	1,488	49
	2,133	1,621	512
	8,107	7,543	564
	17,129	16,411	718
	2,056	1,478	578
	324	439	-115
	7,385	5,967	1,418
	5,626	5,955	-329

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			3,937
b			-357
c
d			-904
e			-4,577
			-403
			1,305
			-445
			-404
			1,080

			-793
			286
			-1,334
			12
			-479
			-273
			-416
			460
			136
			57
			-74
			297
			-1,183
			183
			-199
			-1,078
			-215
			-147
			-24
			-183
			-563
			918
			2,558
			-6,560
			-239
			-219
			-255
			-309
			414
			3,313
			549
			2,487
			-506
			-134
			-409
			-275
			-3,856
			-880
			106
			-175
			-6

			-1,238
			294
			372
			-213
			-532
			-692
			-3,830
			-996

			411
			-2,380
			-805
			-117
			2,909
			-143
			126

			-239
			2,267
			-207
			-10
			-13
			-151
			-3,220
			-928
			-252
			-1,439
			-273

			598
			310
			1,597
			350
			-465
			-553
			6,301
			-1,121
			355
			260
			-1,283
			3,162
			-282
			1,513
			-454
			96

			-3,676
			-214
			-1,681
			-148
			262
			-214
			210
			-337
			28
			-894
			-117
			152
			3,656
			245
			253
			-106
			-619
			-165
			-3,655
			-19,684

			7
			-125
			944
			-845
			-12
			-261
			155

			-185
			2,381
			-1,305
			-71
			870
			-151
			224
			-1,138
			153
			-1,604
			-240
			-110
			1,894
			415
			-121
			852
			-535
			-174
			584
			-797
			-49
			-15
			-196
			-239
			19
			438
			-70
			451
			3,995
			-92
			526
			2,658
			-587

			-512
			247
			-410
			85
			-38
			-217
			502
			-247
			662
			454
			164
			-1,841
			977
			-24
			-1,856
			-506
			-16
			3,593
			1,452
			-177
			1,740
			-879
			864
			261
			-79
			-133
			7,322
			-254
			-49
			176
			-995
			-424
			133
			-39
			-203
			1,530
			318
			-56
			461
			-696
			-423
			-662
			47
			-1,288
			-508
			-56
			-159
			1,738
			268
			-167
			-12
			446
			1,940
			726
			299
			-1,772
			-10

			129
			-587
			-981
			82
			-2,436
			-80
			4,087
			-114
			-708
			3,482
			100
			-167
			-248
			-54
			-782
			498
			-59
			-181
			-133
			2,087
			212
			-255
			-47
			-2,256
			2,547
			360
			-723
			-253

			118
			-157
			-616
			88
			-5,129
			-1,220
			4,050
			-403
			539
			415
			-715
			-120
			1,360
			589
			-4,806
			2,495
			1,460
			-249
			66
			57
			-2,842
			-356
			-222
			-246
			535
			-34
			-1,748
			-147
			-208
			-606
			-1,035
			-3,146
			172
			-7,643
			-432
			-108
			-32
			228
			770
			-163
			-195
			-125
			-63
			-1,132
			-347
			2,502
			-2,345
			-95
			1,701
			65
			-251
			1,543
			-140
			360
			-72
			-353
			-1,050
			-215
			-718
			-131
			-3,308
			163
			-1,538
			204
			269
			-306
			192
			290
			-1,820
			456
			965
			-2,300
			-1,647
			-626
			495
			-127
			-128
			-4,258
			-163
			-132
			1,536
			54
			125
			-67
			-459
			-404
			-3,880
			-777
			-257
			45
			188
			-257
			223
			757
			-1,981
			-111
			180
			439
			258
			-1,022
			1,782
			-387
			-994
			225
			-128
			-2,831
			7,864
			-529
			-28
			2,936
			-1,373
			449
			-739
			4,232
			-146
			-29
			-265
			-262
			-55
			571
			-724
			431
			784
			-873
			1,298
			1,363
			-519
			34
			-227
			59
			-739
			-7
			524
			2,662
			-233
			-1,031
			-460
			-944
			597
			4,361
			423
			-337
			555
			-571
			-22
			-308
			-142
			-59
			122
			-537
			161
			446
			450
			645
			185
			-324
			2,145
			606
			7,905
			1,782
			-251
			-1,454
			-497
			-280
			-425
			-299
			-223

			2,368
			224
			-209
			101
			-520
			-7
			-392
			-98
			-72
			84
			-250
			49
			512
			564
			718
			578
			-115
			1,418
			-329

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	-22,796
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	-25,612

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	74,513	626,567	0.118923
2009	59,340	623,318	0.095200
2008	55,000	739,019	0.074423
2007	53,000	748,248	0.070832
2006	30,000	638,925	0.046954

2	Total of line 1, column (d) ......................	2	0.406332
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	0.081266
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	561,804
5	Multiply line 4 by line 3.......................	5	45,656
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	121
7	Add lines 5 and 6.........................	7	45,777
8	Enter qualifying distributions from Part XII, line 4..............	8	45,000
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	243
	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	243
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	243
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	750
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	750
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
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	507
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax507	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

FELTMAN GARRISON PLLC Telephone no. bullet

(208) 726-6205

Located at bullet

PO BOX 9280KETCHUMID ZIP+4 bullet

83340

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
WILL WEINSTEIN	DIRECTOR 0.00	0	0	0
ONE FERRY BUILDING SUITE 255 SAN FRANCISCO,CA94111	DIRECTOR 0.00	0	0	0
MEGAN WEINSTEIN	DIRECTOR 0.00	0	0	0
ONE FERRY BUILDING SUITE 255 SAN FRANCISCO,CA94111	DIRECTOR 0.00	0	0	0
ALEXA WEINSTEIN	DIRECTOR 0.00	0	0	0
ONE FERRY BUILDING SUITE 255 SAN FRANCISCO,CA94111	DIRECTOR 0.00	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...................

427,238

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

143,121

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

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

570,359

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.........................

570,359

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

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

8,555

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

561,804

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

28,090

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....................

28,090

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

243

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

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

243

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

27,847

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

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

27,847

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................................

27,847

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 ..........

45,000

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

45,000

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..............

45,000

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			27,847
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.......	996
b From 2007.......	15,743
c From 2008.......	18,049
d From 2009.......	29,494
e From 2010.......	44,159
fTotal of lines 3a through e.........		108,441
4Qualifying distributions for 2011 from Part
XII, line 4: $ 45,000
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.....			27,847
e Remaining amount distributed out of corpus		17,153
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		125,594
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) .............		996
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		124,598
10 Analysis of line 9:
a Excess from 2007....	15,743
b Excess from 2008....	18,049
c Excess from 2009....	29,494
d Excess from 2010....	44,159
e Excess from 2011....	17,153

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).)

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:

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
SAN FRANCISCO CASA 100 BUSH ST SUITE 650 SAN FRANCISCO,CA94104	NONE		CHARITABLE	5,000
POLARIS PROJECT PO BOX 53315 WASHINGTON,DC20009	NONE		CHARITIABLE	7,500
BREAKTHROUGH SAN FRANCISC 350 MASONIC AVE SAN FRANCISCO,CA94118	NONE		CHARTITABLE	12,500
SUSTAINABLE FISHERY ADVOCATES PO BOX 233 SANTA CRUZ,CA95061	NONE		CHARITABLE	20,000
Total ................................. 3a				45,000

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
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	4,966
4 Dividends and interest from securities....			14	8,106
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			26	-22,796
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)..				-9,724

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

13-9,724

(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

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
SHORT DIVIDENDS PAID	926	926