Form990-PF

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

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044   Room/suite
City or town, state, and ZIP code
CHARLOTTE, NC28288
A Employer identification number

43-6907367
B Telephone number (see page 10 of the instructions)

(336) 747-8169
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$5,919,123J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 141 141  
4 Dividends and interest from securities...... 153,227 151,306  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 238,984
b Gross sales price for all assets on line 6a 4,131,836
7 Capital gain net income (from Part IV, line 2)... 238,984
8 Net short-term capital gain......... 0
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........ 392,352 390,431  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 76,067 57,050   19,017
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 4,369 3,836   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 80,436 60,886 0 19,017
25 Contributions, gifts, grants paid........ 240,571 240,571
26 Total expenses and disbursements. Add lines 24 and 25 321,007 60,886 0 259,588
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 71,345
b Net investment income (if negative, enter -0-) 329,545
c Adjusted net income (if negative, enter -0-)... 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...............      
2 Savings and temporary cash investments.......... 293,051 376,633 376,633
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 768,352 Click to see attachment178,647 178,798
b Investments—corporate stock (attach schedule)........ 3,555,407 Click to see attachment3,080,342 3,515,219
c Investments—corporate bonds (attach schedule)........ 832,370 Click to see attachment426,594 414,956
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1 Click to see attachment1,452,605 1,433,515
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment2 Click to see attachment2
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,449,181 5,514,823 5,919,123
Liabilities 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 bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 5,449,181 5,514,823
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).................... 5,449,181 5,514,823
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 5,449,181 5,514,823
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 5,449,181
2 Enter amount from Part I, line 27a..................... 2 71,345
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 5,520,526
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 5,703
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 5,514,823
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 50000. ABBOTT LABS 4.350% 3/15/14   2004-03-17 2011-09-06
b 3495. AUTOMATIC DATA PROCESSING INC COM   2007-04-27 2011-08-10
c 1950. AVERY DENNISON CORP COM   2005-10-27 2011-08-10
d 748. BERKSHIRE HATHAWAY INC.   2005-10-27 2011-08-10
e 402. BERKSHIRE HATHAWAY INC.   2005-10-27 2011-10-24
2448.979 BRIDGEWAY ULTRA-SMALL CO MARKT #8504   2009-03-04 2011-08-10
2603.424 CALAMOS GROWTH FUND-I #630   2009-03-04 2011-08-10
100000. CITIGROUP INC 6.000% 8/15/17   2007-10-26 2011-08-12
118. CONOCOPHILLIPS COM   2010-06-09 2011-08-10
378. CONOCOPHILLIPS COM   2010-06-09 2011-10-24
50000. CONOCOPHILLIPS 4.750% 10/15/12   2004-03-04 2011-08-22
12000. COSTCO WHOLESALE COR 5.300% 3/15/12   2011-09-01 2011-12-05
75000. DUPONT EI NEMOUR 4.750% 11/15/12   2005-05-06 2011-09-01
50000. EMERSON ELECRTIC CO 4.625% 10/15/12   2004-03-01 2011-08-22
524. EXXON MOBIL CORP COM   2004-02-18 2011-08-10
401. EXXON MOBIL CORP COM   2004-02-18 2011-08-17
350. FEDEX CORP COM   2007-10-10 2011-10-24
3650. FORWARD HOOVER SM CAP EQ-I #103   2009-03-04 2011-08-10
1190. FRANKLIN RES INC COM   2007-04-27 2011-08-10
75000. GENERAL ELECTRIC COM 5.000% 2/01/13   2005-05-06 2011-09-01
2755. ILLINOIS TOOL WORKS INC COM   2005-10-27 2011-08-10
10081.542 AMERICAN INTM BOND FD OF AMER-F#423   2007-12-20 2011-08-10
225. INTL BUSINESS MACHINES CORP COM   2008-01-29 2011-08-10
1127. JOHNSON & JOHNSON COM   2004-04-12 2011-08-10
433. JOHNSON & JOHNSON COM   2004-04-12 2011-08-17
500. JOHNSON & JOHNSON COM   2004-04-12 2011-10-24
50000. KIMBERLY-CLARK CORP 5.000% 8/15/13   2004-02-24 2011-09-06
4655. LOWES COS INC COM W/RIGHTS ATTACHED EXPIRING 9/9/2008   2007-01-08 2011-08-10
2105. MICROSOFT CORP COM   2004-02-18 2011-08-10
1575. MICROSOFT CORP COM   2004-02-18 2011-10-24
1161. OCCIDENTAL PETE CORP COM   2008-12-04 2011-08-10
189. OCCIDENTAL PETE CORP COM   2008-12-04 2011-08-17
6467.764 OPPENHEIMER INTL GROWTH FD-Y #829   2009-03-02 2011-08-10
3345. PATTERSON COS INC   2006-01-25 2011-08-10
813. PEPSICO INC COM   2004-02-18 2011-08-10
407. PEPSICO INC COM   2004-02-18 2011-08-17
4300. PFIZER INC COM W/RTS ATTACHED EXP 10/15/2007   2006-02-28 2011-08-10
850. PROCTER & GAMBLE CO COM   2005-03-02 2011-08-10
465. PROCTER & GAMBLE CO COM   2005-03-02 2011-10-24
50000. PROCTOR & GAMBLE CO 4.950% 8/15/14   2004-12-14 2011-09-06
2175. QUEST DIAGNOSTICS INC COM   2007-08-13 2011-08-10
3107.344 RS GLOBAL NATURAL RESOURCES-Y1674   2009-03-04 2011-08-10
335. SPDR DOW JONES REIT ETF   2007-12-18 2011-08-10
2000. SCOTTS CO CL A   2008-01-29 2011-08-10
1900. SECTO SPDR TRUST (ENERGY) SHARES OF BENEFICIAL INTEREST   2008-01-29 2011-08-10
4975. TECHNOLOGY SELECT SECTOR SPDR FD   2008-04-08 2011-08-10
2105. SHERWIN WILLIAMS CO COM W/RTS ATTACHED EXP 04/22/2007   2008-04-08 2011-08-10
1900. STATE STR CORP COM   2009-11-06 2011-08-17
612. 3M CO COM   2007-01-08 2011-08-10
243. 3M CO COM   2007-01-08 2011-08-17
100000. U S TREASURY NOTES 4.500% 11/15/15   2007-01-04 2011-08-12
1379. WAL MART STORES INC COM   2004-02-18 2011-08-10
1231. WAL MART STORES INC COM   2004-12-01 2011-08-17
75000. WAL-MART STORES 4.125% 2/15/11   2005-04-29 2011-02-15
852. WATERS CORP COM   2007-04-27 2011-08-10
303. WATERS CORP COM   2007-04-27 2011-10-24
2100. WEIGHT WATCHERS INTL INC COM   2004-12-01 2011-08-10
1505. WESTERN UNION CO/THE   2007-01-08 2011-08-10
5160. WESTERN UNION CO/THE   2007-01-08 2011-08-17
2865. WILEY JOHN & SONS INC CL A   2007-04-27 2011-08-10
(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 54,358   50,322 4,036
b 158,608   155,597 3,011
c 50,827   109,233 -58,406
d 51,728   41,828 9,900
e 30,837   22,480 8,357
30,588   18,000 12,588
134,935   73,000 61,935
108,082   102,935 5,147
7,444   6,031 1,413
27,215   19,319 7,896
52,301   51,157 1,144
12,156   12,321 -165
78,632   77,718 914
51,991   51,128 863
36,166   22,035 14,131
29,665   16,862 12,803
28,434   37,657 -9,223
50,772   36,500 14,272
129,934   155,040 -25,106
79,048   77,980 1,068
118,708   123,736 -5,028
138,319   136,000 2,319
37,168   23,771 13,397
68,329   57,454 10,875
27,751   22,074 5,677
32,289   25,490 6,799
53,419   52,264 1,155
85,008   145,068 -60,060
51,319   56,582 -5,263
42,839   42,336 503
94,922   52,744 42,178
16,649   8,586 8,063
164,540   94,300 70,240
91,625   110,402 -18,777
49,643   41,772 7,871
26,235   20,912 5,323
74,131   112,832 -38,701
50,217   45,673 4,544
30,317   24,986 5,331
55,957   51,689 4,268
101,680   119,395 -17,715
107,701   55,000 52,701
20,261   22,935 -2,674
83,358   79,041 4,317
123,764   133,776 -10,012
117,159   114,773 2,386
150,232   114,540 35,692
66,442   79,385 -12,943
48,492   47,303 1,189
19,671   18,782 889
115,891   99,373 16,518
67,501   78,496 -10,995
63,223   68,643 -5,420
75,000   75,207 -207
63,441   50,905 12,536
25,238   18,103 7,135
121,090   89,019 32,071
24,738   33,065 -8,327
86,693   100,626 -13,933
125,112   108,671 16,441
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       4,036
b       3,011
c       -58,406
d       9,900
e       8,357
      12,588
      61,935
      5,147
      1,413
      7,896
      1,144
      -165
      914
      863
      14,131
      12,803
      -9,223
      14,272
      -25,106
      1,068
      -5,028
      2,319
      13,397
      10,875
      5,677
      6,799
      1,155
      -60,060
      -5,263
      503
      42,178
      8,063
      70,240
      -18,777
      7,871
      5,323
      -38,701
      4,544
      5,331
      4,268
      -17,715
      52,701
      -2,674
      4,317
      -10,012
      2,386
      35,692
      -12,943
      1,189
      889
      16,518
      -10,995
      -5,420
      -207
      12,536
      7,135
      32,071
      -8,327
      -13,933
      16,441
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 2 238,984
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 327,118 5,921,334 0.055244
2009 295,877 5,477,567 0.054016
2008 350,006 6,298,639 0.055569
2007 320,795 7,003,262 0.045807
2006 319,908 6,537,925 0.048931
2 Total of line 1, column (d) ...................... 2 0.259567
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 0.051913
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 6,333,801
5 Multiply line 4 by line 3....................... 5 328,807
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,295
7 Add lines 5 and 6......................... 7 332,102
8 Enter qualifying distributions from Part XII, line 4.............. 8 259,588
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 6,591
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 0
3 Add lines 1 and 2............................ 3 6,591
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 6,591
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 700
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 700
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 5,891
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet   Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletTX
    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 addressbullet  
    14
    The books are in care ofbulletWELLS FARGO Telephone no.bullet (336) 747-8169
    Located atbullet1 WEST 4TH ST 2ND FLOORWINSTON SALEMNC ZIP+4bullet271013818
    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
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WELLS FARGO TRUSTEE
    40     		76,067    
    1525 W WT Harris BLVD D1114-044
    Charlotte,NC282881161
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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.............bullet0
    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
    6,131,569
    b
    Average of monthly cash balances.......................
    1b
    298,686
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    6,430,255
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    6,430,255
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    96,454
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,333,801
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    316,690
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    316,690
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    6,591
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,591
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    310,099
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    310,099
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    310,099
    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
    259,588
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    259,588
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    259,588
    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 7 310,099
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 240,571
    b Total for prior years:2009, 20, 20 0
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 0
    b From 2007....... 0
    c From 2008....... 0
    d From 2009....... 0
    e From 2010....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 259,588
    a Applied to 2010, but not more than line 2a 240,571
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 19,017
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2011. 0 0
    (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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		291,082
    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) ...........     		0
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2007.... 0
    b Excess from 2008.... 0
    c Excess from 2009.... 0
    d Excess from 2010.... 0
    e Excess from 2011.... 0
    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
    KANSAS UNIVERISTY
    ENDOWMENT ASSOCIATION
    PO BOX 928
    LAWRENCE,KS660440928     		NONE PUBLIC EXEMPT SCHOLARSHIPS 72,171
    UNIVERSITY OF TEXAS SYSTEM
    OFFICE OF ESTATES AND TRUSTS
    210 W 6TH STREET SUITE 1200
    AUSTIN,TX78701     		NONE PUBLIC EXEMPT SCHOLARSHIPS 168,400
    Total .................................bullet 3a 240,571
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 141  
    4 Dividends and interest from securities....     14 153,227  
    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     18 238,984  
    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)..   392,352  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13392,352
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    AW WALLACE CHARITABLE TR
    EIN: 43-6907367
    Name of Bond End of Year Book Value End of Year Fair Market Value
    458809407 AMERICAN INTERMEDIAT    
    108747403 BRIDGEWAY ULTRA    
    128119807 CALAMOS GRWTH FD    
    349913889 FORWARD HOOVER SMALL    
    411511801 HARBOR INTERNATIONAL    
    411511843 HARBOR SMALL CAP    
    68380L407 OPPENHEIMER INTERNAT    
    74972H648 RS GLOBAL    
    863137105 STRATTON SMALL CAP    
    04315J837 ARTIO INTERNATIONAL    
    411511306 HARBOR INTERNATIONAL    
    261980494 DREYFUS EMG MKT DEBT 37,922 33,116
    76628T645 RIDGEWORTH SEIX HY B 67,094 66,388
    478160AP9 JOHNSON AND JOHNSON 12,528 12,345
    494368AR4 KIMBERLY CLARK CORP 25,068 25,135
    50075NAU8 KRAFT FOODS INC 8,347 8,205
    61747YCE3 MORGAN STANLEY 9,486 9,016
    68389XAD7 ORACLE CORP 12,850 12,673
    713448BN7 PEPSICO INC 13,634 13,593
    816851AN9 SEMPRA ENERGY 8,295 8,166
    87612EAH9 TARGET CORP 26,743 25,210
    87612EAN6 TARGET CORP 10,717 10,659
    887317AF5 TIME WARNER INC 5,458 5,418
    931142CU5 WALMART STORES INC 12,850 13,152
    94973VAS6 WELLPOINT INC 5,375 5,401
    025816BA6 AMERICAN EXPRESS 10,299 10,051
    031162AZ3 AMGEB INC 10,854 10,121
    06051GEC9 BOA CORP 15,449 13,856
    166751AJ6 CHEVRON CORP 14,322 14,173
    126650BH5 CVS CAREMARK 5,784 5,834
    532457BD9 ELI LILLY & CO 14,226 14,073
    291011AP9 EMERSON ELEC CO 26,768 27,098
    36992GYY4 GENERAL ELEC CAP 14,541 14,315
    38141GEA8 GOLDMAN SACHS 12,690 12,265
    437076AP7 HOME DEPOT INC 7,970 8,085
    40429CFN7 HSBC FINANCE CORP 7,562 7,163
    459200GN5 IBM CORP 13,453 13,234
    4642885288 ISHARES 16,309 16,211

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    AW WALLACE CHARITABLE TR
    EIN: 43-6907367
    Name of Stock End of Year Book Value End of Year Fair Market Value
    548661107 LOWES CO    
    824348106 SHERWIN WILLIAMS    
    948626106 WEIGHT WATCHERS    
    968223206 WILEY JOHN & SONS    
    713448108 PEPSICO INC 51,245 66,350
    742718109 PROCTER & GAMBLE 53,733 66,710
    931142103 WAL MART 23,622 29,880
    478160104 JOHNSON & JOHNSON 25,490 32,790
    703395103 PATTERSON CO    
    717081103 PFIZER INC    
    74834L100 QUEST DIAGNOTICS    
    941848103 WATERS CORP 50,785 62,943
    053611109 AVERY DENNISON    
    31428X106 FEDEX CORPORATION 43,036 33,404
    452308109 ILLINOIS TOOL WORKS    
    88579Y101 3M CO 65,698 69,471
    81369Y506 AMEX ENERGY SELECT    
    20825C104 CONOCOPHILLIPS 51,108 72,870
    30231G102 EXXON MOBIL CORP 35,743 72,046
    674599105 OCCIDENTAL PETE CORP 38,616 79,645
    084670702 BERKSHIRE HATHAWAY 47,532 64,855
    354613101 FRANKLIN RESOURCES    
    46625H100 JPMORGAN CHASE & CO 79,680 61,513
    857477103 STATE STREET CORP    
    902973304 US BANCORP DEL 79,954 91,564
    81369Y803 AMEX TECHNOLOGY    
    053015103 AUTOMATIC DATA    
    459200101 INTERNATIONAL BUS 55,466 96,537
    594918104 MICROSOFT CORP 52,588 51,920
    959802109 WESTERN UNION    
    810186106 THE SCOTT MIRACLE GR    
    729251108 PLUM CREEK TIMBER CO    
    78464A607 SPDR DOW JONES    
    002824100 ABBOTT LABS 34,202 38,518
    037833100 APPLE INC 32,267 34,425
    04315J837 ARTIO INTERNATIONAL 146,000 178,528
    057224107 BAKER HUGHES INC COM 37,453 32,346
    097023105 BOEING CO 35,672 40,343
    14040H105 CAPITAL ONE FINANCIA 32,668 31,083
    20030N101 COMCAST CORP CLASS A 34,019 37,936
    22544R305 CREDIT SUISSE COMM R    
    25243Q205 DIAGEO PLC - ADR 35,019 35,842
    25264S833 DIAMOND HILL LONG-SH    
    254687106 WALT DISNEY CO 33,250 37,500
    256206103 DODGE & COX INT'L ST 259,048 252,738
    268648102 E M C CORP MASS 33,645 32,310
    339128100 JP MORGAN MID CAP VA 116,465 125,444
    38142Y401 GOLDMAN SACHS GRTH O 116,465 116,359
    411511306 HARBOR INTERNATION F 151,000 263,998
    411511801 HARBOR INTL GROWTH F 56,600 90,370
    411511843 HARBOR SMALL-CAP VAL 37,700 81,426
    437076102 HOME DEPOT INC 34,937 39,938
    448108100 HUSSMAN STRATEGIC GR    
    478366107 JOHNSON CONTROLS INC 33,417 32,823
    487300808 KEELEY SMALL CAP VAL 35,140 38,651
    589509108 MERGER FD SH BEN INT    
    66987V109 NOVARTIS AG - ADR 36,187 35,160
    68389X105 ORACLE CORPORATION 34,062 32,063
    683974505 OPPENHEIMER DEVELOPI 333,322 305,194
    78463X863 SPDR DJ WILSHIRE INT    
    863137105 STRATTON SM-CAP VALU 28,270 54,536
    87234N849 TCW SMALL CAP GROWTH 160,777 171,959
    872540109 TJX COS INC NEW 33,388 39,698
    907818108 UNION PACIFIC CORP 33,452 38,668
    922042858 VANGUARD MSCI EMERGI 333,649 310,265
    922908553 VANGUARD REIT VIPER    
    G1151C101 ACCENTURE PLC 37,972 34,600
    025816BA6 AMERICAN EXPRESS CO    
    031162AZ3 AMGEN INC    
    06051GEC9 BOA CORP    
    166751AJ6 CHEVRON CORP    
    126650BH5 CVS CAREMARK CORP    
    532457BD9 ELI LILLY & CO    
    291011AP9 EMERSON ELEC CO    
    36962GYY4 GENERAL ELEC CAP COR    
    38141GEA8 GOLDMAN SACHS GROUP    
    437076AP7 HOME DEPOT INC    
    40429CFN7 HSBC FINANCE CORP    
    459200GN5 IBM CORP    
    464288588 ISHARES    

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    AW WALLACE CHARITABLE TR
    EIN: 43-6907367
    US Government Securities - End of Year Book Value:

    178,647
    US Government Securities - End of Year Fair Market Value:

    178,798
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 InvestmentsOtherSchedule2
    Name:
    AW WALLACE CHARITABLE TR
    EIN: 43-6907367
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    9AGE01034 PENALOSA COOPERATIVE AT COST 1 1
    PLUM CREEK TIMBER CO INC AT COST 23,152 28,151
    CREDIT SUISSE COMMODITY AT COST 291,161 260,295
    SPDR DJ WILSHIRE INTERNATIONAL AT COST 277,195 251,743
    VANGUARD REIT VIPER AT COST 278,763 297,018
    25264S833 DIAMOND HILL LONG AT COST 232,929 249,430
    448108100 HUSSMAN AT COST 232,939 231,080
    589509108 MERGER AT COST 116,465 115,797

    TY 2011 OtherAssetsSchedule
    Name:
    AW WALLACE CHARITABLE TR
    EIN: 43-6907367
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    9AGE01034 PENALOSA COOPERATIVE   2 2


    TY 2011 OtherDecreasesSchedule
    Name:
    AW WALLACE CHARITABLE TR
    EIN: 43-6907367
    Description Amount
    MUTUAL FUNDS POSTING NEXT YR EFFECTIVE CURRENT TAX YR 4,942
    ACCRUED INTEREST PAID 746
    ROUNDING 15


    TY 2011 TaxesSchedule
    Name:
    AW WALLACE CHARITABLE TR
    EIN: 43-6907367
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL ESTIMATES - PRINCIPAL 533 0   0
    FOREIGN TAXES ON QUALIFIED FOR 2,928 2,928   0
    FOREIGN TAXES ON NONQUALIFIED 908 908   0