TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2011

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

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

Amended returnAddress changeName change

Name of foundation
IONE C DAVIS TRUST 5655000113

Number and street (or P.O. box number if mail is not delivered to street address)REGIONS BANK TRUST DEPT PO BOX 2886 Room/suite

City or town, state, and ZIP code
MOBILE, AL366522886

A Employer identification number

35-6413272

B Telephone number (see page 10 of the instructions)

(251) 690-1024

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

$3,018,037J 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	(c) Adjusted net 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	28		28
4	Dividends and interest from securities......	89,026		82,434
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		86,158
b	Gross sales price for all assets on line 6a 3,114,263
7	Capital gain net income (from Part IV, line 2)...			86,158
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........	175,212		168,620
13	Compensation of officers, directors, trustees, etc.	29,603		23,682		5,921
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).......		800	0	0	800
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		743	671		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..........	31,146		24,353	0	6,721
25	Contributions, gifts, grants paid........	147,613				147,613
26	Total expenses and disbursements. Add lines 24 and 25	178,759		24,353	0	154,334
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-3,547
b	Net investment income (if negative, enter -0-)			144,267
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	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..........	159,102	135,663	135,663
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	1,045,730	479,333	485,390
	b	Investments—corporate stock (attach schedule)........	840,525	1,595,077	1,618,255
	c	Investments—corporate bonds (attach schedule)........	942,626	767,676	778,729
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	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)	2,987,983	2,977,749	3,018,037
	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.........	2,987,983	2,977,749
	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)....................	2,987,983	2,977,749
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	2,987,983	2,977,749

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	2,987,983
2	Enter amount from Part I, line 27a.....................	2	-3,547
3	Other increases not included in line 2 (itemize)	3	3,429
4	Add lines 1, 2, and 3..........................	4	2,987,865
5	Decreases not included in line 2 (itemize)	5	10,116
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	2,977,749

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.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	207000. UNITED STATES TREASURY N/B DTD 11/30/09	2010-12-23	2011-01-07
b	8432.92 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-01-18
c	60. CATERPILLAR INC	2010-02-08	2011-01-20
d	140. EATON CORP	2010-02-08	2011-01-20
e	190. TIFFANY & CO	2010-02-08	2011-01-20
	4840.09 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 05	2010-02-10	2011-01-25
	39000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012	2011-01-07	2011-01-28
	3000. GENERAL ELECTRIC CO 5% 02/01/2013	2009-05-11	2011-02-09
	17000. GENERAL ELECTRIC CO 5% 02/01/2013	2009-05-11	2011-02-09
	36000. UNITED STATES TREASURY N/B DTD 11/30/09	2010-02-09	2011-02-14
	1007.93 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-02-15
	6548.12 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-02-15
	1100.02 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-02-25
	4123.78 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 05	2010-02-10	2011-02-25
	180. WALMART STORES INC COM	2010-02-08	2011-02-28
	889.81 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-03-15
	7309.51 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-03-15
	180. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2010-02-08	2011-03-24
	20. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009	2010-08-13	2011-03-24
	1110.38 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-03-25
	3906.37 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 05	2010-02-10	2011-03-25
	4000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012	2010-02-09	2011-04-07
	2000. CREDIT SUISSE NEW YORK DTD 5/4/09 5.5% 0	2010-02-09	2011-04-07
	4000. JOHN DEERE CAPITAL CORP INSD: FDIC DTD 12/19/08 2.875% 06/19/201	2010-02-09	2011-04-07
	4000. GENERAL ELEC CAP CORP FDIC INSURED DTD 01/08/09 2.2% 06/08/2012	2010-02-09	2011-04-07
	4000. GOLDMAN SACHS GROUP INC FDIC INSURED DTD 01/21/09 1.625% 07/15/2	2010-02-09	2011-04-07
	2000. MERRILL LYNCH & CO INC SERIES: MTN DTD 04/25/08 6.875% 04/25/201	2010-02-09	2011-04-07
	4000. UNITED STATES TREASURY DTD 02/16/2010 3.	2011-01-07	2011-04-07
	4000. UNITED STATES TREASURY N/B DTD 08/16/201	2010-10-07	2011-04-07
	2000. UNITED STATES TREASURY N/B DTD 11/15/201	2010-12-10	2011-04-07
	66000. FANNIE MAE DTD 03/07/08 2.75% 04/11/2011	2010-02-09	2011-04-11
	13000. FANNIE MAE DTD 03/07/08 2.75% 04/11/2011	2011-01-07	2011-04-11
	866.78 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-04-15
	3461.12 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-04-15
	1130.09 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-04-25
	4231.8 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 05/	2010-02-10	2011-04-25
	20. ALLERGAN INC	2010-02-08	2011-05-05
	35. AMERICAN EXPRESS CO	2010-02-08	2011-05-05
	25. APACHE CORP COM	2010-02-08	2011-05-05
	1307.438 ARTISAN FDS INC SMALL CAP VALUE FD-INV	2010-02-08	2011-05-05
	1015.325 ARTISAN FDS INC MID CAP VALUE FD INV SHS	2010-02-08	2011-05-05
	75. AUTO DESK INC	2010-10-06	2011-05-05
	1268.632 BLACKROCK US OPPORTUNITIES-I	2010-02-08	2011-05-05
	10. BLACKROCK INC	2011-01-20	2011-05-05
	786.13 BUFFALO SMALL CAP FUND	2010-02-08	2011-05-05
	80. CVS CORP	2010-02-08	2011-05-05
	30. CATERPILLAR INC	2010-02-08	2011-05-05
	30. CHEVRONTEXACO CORP COM	2010-02-08	2011-05-05
	130. E M C CORP MASS COM	2010-02-08	2011-05-05
	35. EXXON MOBIL CORP	2010-02-08	2011-05-05
	150. GENERAL ELEC CO COM	2010-03-25	2011-05-05
	75. HALLIBURTON CO	2010-02-08	2011-05-05
	40. HESS CORPORATION	2010-02-08	2011-05-05
	70. INTEL CORP COM	2010-02-08	2011-05-05
	40. JP MORGAN CHASE & CO COM	2010-02-08	2011-05-05
	5. JOHNSON & JOHNSON COM	2010-02-08	2011-05-05
	85. JUNIPER NETWORKS	2010-02-08	2011-05-05
	90. MATTEL INC	2010-08-13	2011-05-05
	45. MCGRAW HILL COS INC COM	2010-02-08	2011-05-05
	40. MERCK & CO. INC. NEW	2010-08-26	2011-05-05
	25. MONSANTO CO NEW COM	2010-02-08	2011-05-05
	30. NORFOLK SOUTHN CORP COM W/RIGHTS ATTACHED EXP 9/26/2010	2010-02-08	2011-05-05
	95. ORACLE CORPORATION COM	2010-02-08	2011-05-05
	20. PEPSICO INC COM	2010-02-08	2011-05-05
	50. PHILIP MORRIS INTERNATIONAL INC	2010-02-08	2011-05-05
	20. PROCTER & GAMBLE CO	2010-02-08	2011-05-05
	45. PRUDENTIAL FINANCIAL INC COM	2010-02-08	2011-05-05
	60. QUALCOMM INC	2010-02-08	2011-05-05
	45. ROBERT HALF INTL INC COM	2010-02-08	2011-05-05
	40. SCHLUMBERGER LTD COM	2010-02-08	2011-05-05
	10. STATE STREET CORP COM	2010-02-08	2011-05-05
	20. STRYKER CORP	2010-02-08	2011-05-05
	15. TEXAS INSTRS INC	2011-03-24	2011-05-05
	50. THERMO ELECTRON CORP	2010-02-08	2011-05-05
	82.688 THORNBURG INTL VALUE FD CL I #209	2010-02-08	2011-05-05
	20. 3M CO COM	2010-02-08	2011-05-05
	40. TRAVELERS COMPANIES, INC.	2010-02-08	2011-05-05
	35. UNITED TECHNOLOGIES CORP COM	2010-02-08	2011-05-05
	15. V F CORP	2010-02-08	2011-05-05
	305.466 VANGUARD INDEX TR 500 PORTFOLIO (FUND #4	2007-06-22	2011-05-05
	75. VERIZON COMMUNICATIONS COM	2010-02-08	2011-05-05
	55. WALGREEN CO COM	2010-02-08	2011-05-05
	3000. AT&T INC DTD 05/13/08 5.6% 05/15/2018	2010-02-09	2011-05-06
	1000. CATERPILLAR INC DTD 12/05/08 7.9% 12/15/	2010-02-09	2011-05-06
	2000. CITIGROUP INC DTD 06/15/2010 6% 12/13/20	2011-01-07	2011-05-06
	4000. FEDERAL NATIONAL MORTGAGE ASSN 5% 03/1	2011-04-07	2011-05-06
	3000. GENERAL ELECTRIC CAPITAL CORP DTD 02/11/	2011-02-09	2011-05-06
	3000. ONTARIO (PROVINCE OF) DTD 01/27/2011 1.3	2011-01-31	2011-05-06
	2000. WACHOVIA CORP DTD 06/08/07 5.75% 06/15/2	2010-02-09	2011-05-06
	683.85 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-05-16
	3748.28 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-05-16
	864.93 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-05-25
	3645.6138 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6%	2010-02-10	2011-05-25
	831.8162 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2011-04-07	2011-05-25
	70000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-05-13	2011-06-07
	117000. UNITED STATES TREASURY N/B DTD 11/30/09	2010-04-30	2011-06-07
	4376.619 DODGE & COX INCOME FD COM	2010-06-10	2011-06-13
	247000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-05-13	2011-06-13
	107000. UNITED STATES TREASURY N/B DTD 08/16/201	2011-06-07	2011-06-13
	9442.871 VANGUARD S/T BOND INDEX-SIG	2010-12-13	2011-06-13
	653.51 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-06-15
	3346.22 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-06-15
	883.9 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-06-27
	3354.1881 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6%	2010-02-10	2011-06-27
	765.3219 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2011-04-07	2011-06-27
	8000. AT&T INC DTD 05/13/08 5.6% 05/15/2018	2010-02-09	2011-07-07
	4000. ABBOTT LABS DTD 3/3/09 5.125% 04/01/2019	2010-02-09	2011-07-07
	5000. BB& T CORPORATION DTD 7/27/09 3.85% 07/2	2010-04-28	2011-07-07
	5000. BARCLAYS BANK PLC DTD 04/07/2010 3.9% 04	2010-03-31	2011-07-07
	5000. CITIGROUP INC DTD 06/15/2010 6% 12/13/20	2011-06-07	2011-07-07
	15000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012	2010-02-09	2011-07-07
	11000. CREDIT SUISSE NEW YORK DTD 5/4/09 5.5% 0	2010-02-09	2011-07-07
	15000. JOHN DEERE CAPITAL CORP INSD: FDIC DTD 12/19/08 2.875% 06/19/20	2010-02-09	2011-07-07
	16000. FEDERAL HOME LOAN MORTGAGE CORP 5.75% DTD 1/14/02 DUE 1/15/2012	2010-02-09	2011-07-07
	18000. FEDERAL NATIONAL MORTGAGE ASSN 5% 03/1	2011-06-07	2011-07-07
	5000. GENERAL ELECTRIC CO 5% 02/01/2013	2009-05-11	2011-07-07
	5000. GENERAL ELECTRIC CAPITAL CORP DTD 02/11/	2011-06-07	2011-07-07
	12000. GENERAL ELEC CAP CORP FDIC INSURED DTD 01/08/09 2.2% 06/08/2012	2010-02-09	2011-07-07
	5000. GOLDMAN SACHS GROUP INC DTD 2/5/09 7.5%	2010-05-20	2011-07-07
	5000. GOLDMAN SACHS GROUP INC DTD 5/6/09 6% 05	2010-02-09	2011-07-07
	38000. GOLDMAN SACHS GROUP INC FDIC INSURED DTD 01/21/09 1.625% 07/15/	2010-02-09	2011-07-07
	12000. GOLDMAN SACHS GROUP INC FDIC INSURED DTD 01/21/09 1.625% 07/15/	2011-06-07	2011-07-07
	5000. HEWLETT-PACKARD CO DTD 12/02/2010 2.2% 1	2011-06-07	2011-07-07
	4000. J P MORGAN CHASE & CO DTD 04/23/09 6.3%	2010-02-09	2011-07-07
	5000. MERRILL LYNCH & CO INC SERIES: MTN DTD 04/25/08 6.875% 04/25/201	2010-02-09	2011-07-07
	11000. ONTARIO (PROVINCE OF) DTD 01/27/2011 1.3	2011-06-07	2011-07-07
	5000. ORACLE CORPORATION DTD 04/09/08 5.75% 04	2010-02-09	2011-07-07
	5000. PFIZER INC DTD 3/24/09 6.2% 03/15/2019	2010-02-04	2011-07-07
	5000. TARGET CORP CALLABLE 5.375% 05/01/2017	2010-02-09	2011-07-07
	4000. TENNESSEE VALLEY AUTHORITY SER A PUTABLE	2010-02-09	2011-07-07
	5000. UNITED STATES TREASURY DTD 02/16/2010 3.	2010-05-03	2011-07-07
	38000. UNITED STATES TREASURY N/B DTD 11/15/201	2011-06-07	2011-07-07
	6000. VERIZON COMMUNICATIONS 5.55% 02/15/201	2010-02-09	2011-07-07
	4000. WACHOVIA CORP DTD 06/08/07 5.75% 06/15/2	2010-02-09	2011-07-07
	656.72 FEDERAL HOME LOAN MTG CORP POOL #G13225 DTD 06/01/2008 5% 06/01	2011-06-07	2011-07-15
	645.47 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-07-15
	3805.68 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-07-15
	838.16 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-07-25
	1210.73 FEDERAL NATIONAL MORTGAGE ASSN POOL #888021 DTD 11/01/2006 6%	2011-06-07	2011-07-25
	3295.7027 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6%	2010-02-10	2011-07-25
	751.9773 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2011-04-07	2011-07-25
	3000. CATERPILLAR INC DTD 12/05/08 7.9% 12/15/	2010-02-09	2011-08-09
	26584.55 FEDERAL HOME LOAN MTG CORP POOL #G13225 DTD 06/01/2008 5% 06/	2011-06-07	2011-08-09
	27610.09 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5	2011-01-07	2011-08-09
	165393.25 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-08-09
	4000. UNITED STATES TREASURY N/B DTD 11/15/201	2010-12-10	2011-08-09
	1150. BANK OF AMERICA CORP	2011-06-13	2011-08-10
	650. BANK OF AMERICA CORP	2010-02-08	2011-08-10
	325. ROBERT HALF INTL INC COM	2010-02-08	2011-08-10
	430. ROBERT HALF INTL INC COM	2011-06-13	2011-08-10
	803.87 FEDERAL HOME LOAN MTG CORP POOL #G13225 DTD 06/01/2008 5% 06/01	2011-06-07	2011-08-15
	642.56 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14031 DTD 01/01/2011 5%	2011-01-07	2011-08-15
	3232.98 FEDERAL HOME LOAN MTG CORP POOL #G18045	2010-02-09	2011-08-15
	803.01 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-08-25
	1307.71 FEDERAL NATIONAL MORTGAGE ASSN POOL #888021 DTD 11/01/2006 6%	2011-06-07	2011-08-25
	3016.816 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2010-02-10	2011-08-25
	688.344 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 05	2011-04-07	2011-08-25
	86898.51 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.37	2010-02-09	2011-08-25
	10469.7 UNITED STATES TREASURY INFLATION INDEX BOND DTD 07/15/08 1.375	2011-06-07	2011-08-25
	17000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-07-07	2011-09-13
	645.57 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01	2011-08-11	2011-09-15
	640.78 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-09-15
	118.1 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5%	2011-08-11	2011-09-15
	16000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-07-07	2011-09-15
	920.68 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4% 0	2011-08-09	2011-09-26
	889.43 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-09-26
	680.27 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-09-26
	1329.74 FEDERAL NATIONAL MORTGAGE ASSN POOL #888021 DTD 11/01/2006 6%	2011-06-07	2011-09-26
	691.636 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 05	2011-04-07	2011-09-26
	3031.244 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2010-02-10	2011-09-26
	1285.01 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5	2011-08-09	2011-09-26
	1825.862 DODGE & COX INCOME FD COM	2010-06-10	2011-09-27
	200000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-09-01	2011-09-27
	50000. UNITED STATES TREASURY N/B DTD 08/16/201	2011-07-07	2011-09-27
	340. MICROSOFT CORP COM	2010-02-08	2011-10-05
	605. MICROSOFT CORP COM	2011-09-27	2011-10-05
	110. V F CORP	2011-06-13	2011-10-05
	95. V F CORP	2010-02-08	2011-10-05
	8000. AT&T INC DTD 05/13/08 5.6% 05/15/2018	2010-02-09	2011-10-06
	4000. ABBOTT LABS DTD 3/3/09 5.125% 04/01/2019	2010-02-09	2011-10-06
	3000. BB& T CORPORATION DTD 7/27/09 3.85% 07/2	2010-04-27	2011-10-06
	3000. BARCLAYS BANK PLC DTD 04/07/2010 3.9% 04	2010-03-31	2011-10-06
	3000. CATERPILLAR INC DTD 12/05/08 7.9% 12/15/	2010-02-09	2011-10-06
	3000. CITIGROUP INC DTD 06/15/2010 6% 12/13/20	2010-12-13	2011-10-06
	10000. CITIGROUP INC FDIC GUARANTEED DTD 08/06/2009 2.25% 12/10/2012	2010-02-09	2011-10-06
	10000. JOHN DEERE CAPITAL CORP INSD: FDIC DTD 12/19/08 2.875% 06/19/20	2010-02-09	2011-10-06
	9000. FEDERAL HOME LOAN MORTGAGE CORP 5.75% DTD 1/14/02 DUE 1/15/2012	2010-02-09	2011-10-06
	13000. FEDERAL NATIONAL MORTGAGE ASSN 5% 03/1	2011-04-07	2011-10-06
	4000. GENERAL ELECTRIC CAPITAL CORP DTD 02/11/	2011-02-09	2011-10-06
	9000. GENERAL ELEC CAP CORP FDIC INSURED DTD 01/08/09 2.2% 06/08/2012	2010-02-09	2011-10-06
	3000. GOLDMAN SACHS GROUP INC DTD 5/6/09 6% 05	2010-02-09	2011-10-06
	3000. HEWLETT-PACKARD CO DTD 12/02/2010 2.2% 1	2010-11-29	2011-10-06
	4000. INTEL CORP DTD 09/19/2011 3.3% 10/01/202	2011-09-14	2011-10-06
	4000. J P MORGAN CHASE & CO DTD 04/23/09 6.3%	2010-02-09	2011-10-06
	6000. MORGAN STANLEY DTD 11/20/2009 4.2% 11/20	2011-07-08	2011-10-06
	7000. ONTARIO (PROVINCE OF) DTD 01/27/2011 1.3	2011-01-31	2011-10-06
	3000. ORACLE CORPORATION DTD 04/09/08 5.75% 04	2010-02-09	2011-10-06
	3000. PFIZER INC DTD 3/24/09 6.2% 03/15/2019	2010-02-04	2011-10-06
	3000. TARGET CORP CALLABLE 5.375% 05/01/2017	2010-02-09	2011-10-06
	4000. TENNESSEE VALLEY AUTHORITY SER A PUTABLE	2010-02-09	2011-10-06
	5000. TOYOTA MOTOR CREDIT CORP SERIES MTN DTD 09/15/2011 3.4% 09/15/20	2011-09-08	2011-10-06
	31000. UNITED STATES TREASURY N/B DTD 11/30/09	2011-09-01	2011-10-06
	4000. UNITED STATES TREASURY DTD 02/16/2010 3.	2010-05-03	2011-10-06
	25000. UNITED STATES TREASURY N/B DTD 11/15/201	2010-12-10	2011-10-06
	3000. VERIZON COMMUNICATIONS 5.55% 02/15/201	2010-02-09	2011-10-06
	4000. WACHOVIA CORP DTD 06/08/07 5.75% 06/15/2	2010-02-09	2011-10-06
	6000. CREDIT SUISSE NEW YORK DTD 5/4/09 5.5% 0	2010-02-09	2011-10-07
	701.9 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01/	2011-08-11	2011-10-17
	1025.96 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-10-17
	429.47 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5	2011-08-11	2011-10-17
	7000. UNITED STATES TREASURY DTD 02/16/2010 3.	2010-05-03	2011-10-19
	3000. UNITED STATES TREASURY DTD 02/16/2010 3.	2011-06-07	2011-10-19
	22000. UNITED STATES TREASURY N/B DTD 06/01/10	2011-10-06	2011-10-19
	45000. UNITED STATES TREASURY N/B DTD 11/15/201	2011-02-14	2011-10-19
	1935.99 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4%	2011-08-09	2011-10-25
	803.9 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-10-25
	669.65 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-10-25
	1284.43 FEDERAL NATIONAL MORTGAGE ASSN POOL #888021 DTD 11/01/2006 6%	2011-06-07	2011-10-25
	631.0012 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2011-04-07	2011-10-25
	2765.4988 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6%	2010-02-10	2011-10-25
	2209.61 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5	2011-08-09	2011-10-25
	40509.56 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-11-04
	3000. GENERAL ELECTRIC CO 5% 02/01/2013	2010-10-07	2011-11-04
	3000. GOLDMAN SACHS GROUP INC DTD 2/5/09 7.5%	2010-05-20	2011-11-04
	14000. UNITED STATES TREASURY N/B DTD 06/01/10	2011-10-06	2011-11-09
	843.66 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01	2011-08-11	2011-11-15
	1231.02 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-11-15
	719.7 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5%	2011-08-11	2011-11-15
	1486.26 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4%	2011-08-09	2011-11-25
	866.39 FEDERAL NATIONAL MORTGAGE ASSN POOL #725	2011-01-07	2011-11-25
	823.25 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-11-25
	1427.63 FEDERAL NATIONAL MORTGAGE ASSN POOL #888021 DTD 11/01/2006 6%	2011-06-07	2011-11-25
	2796.9847 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6%	2010-02-10	2011-11-25
	638.1853 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2011-04-07	2011-11-25
	1958.19 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5	2011-08-09	2011-11-25
	30. CHEVRONTEXACO CORP COM	2010-02-08	2011-12-15
	863.24 FEDERAL HOME LOAN MTG CORP POOL #G01840 DTD 06/01/2005 5% 07/01	2011-08-11	2011-12-15
	1037.04 FEDERAL HOME LOAN MORTGAGE CORP POOL #G14056 DTD 02/01/2011 4%	2011-08-11	2011-12-15
	814.93 FEDERAL HOME LOAN MORTGAGE CORP POOL #J16353 DTD 08/01/2011 3.5	2011-08-11	2011-12-15
	320. HESS CORPORATION	2011-09-27	2011-12-15
	130. HESS CORPORATION	2010-02-08	2011-12-15
	60. PHILIP MORRIS INTERNATIONAL INC	2010-02-08	2011-12-15
	180. STATE STREET CORP COM	2010-02-08	2011-12-15
	100000. UNITED STATES TREASURY N/B DTD 06/01/10	2011-11-04	2011-12-20
	1730.42 FEDERAL NATIONAL MORTGAGE ASSN POOL #AH6827 DTD 03/01/2011 4%	2011-08-09	2011-12-27
	141.5 FEDERAL NATIONAL MORTGAGE ASSN POOL #AL0393 DTD 06/01/2011 4.5%	2011-11-04	2011-12-27
	762.11 FEDERAL NATIONAL MORTGAGE ASSN POOL #735580 DTD 05/01/05 5% 06/	2011-08-09	2011-12-27
	1192.03 FEDERAL NATIONAL MORTGAGE ASSN POOL #888021 DTD 11/01/2006 6%	2011-06-07	2011-12-27
	608.6835 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6% 0	2011-04-07	2011-12-27
	2667.6865 FEDERAL NATIONAL MORTGAGE ASSN POOL #889579 DTD 05/01/08 6%	2010-02-10	2011-12-27
	1660.8 FEDERAL NATIONAL MORTGAGE ASSN POOL #AE3066 DTD 09/01/2010 3.5%	2011-08-09	2011-12-27

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	207,817	207,774	43
b	8,433	8,992	-559
c	5,641	3,083	2,558
d	14,112	8,841	5,271
e	11,032	7,596	3,436
	4,840	5,199	-359
	40,135	39,743	392
	3,205	3,064	141
	18,152	17,364	788
	36,139	36,006	133
	1,008	1,078	-70
	6,548	6,982	-434
	1,100	1,214	-114
	4,124	4,430	-306
	9,351	9,610	-259
	890	952	-62
	7,310	7,794	-484
	8,614	9,693	-1,079
	957	1,006	-49
	1,110	1,226	-116
	3,906	4,196	-290
	4,099	4,045	54
	2,190	2,135	55
	4,117	4,078	39
	4,083	4,046	37
	4,015	4,010	5
	2,225	2,108	117
	4,071	4,121	-50
	3,975	4,022	-47
	1,851	1,891	-40
	66,000	66,000
	13,000	13,000
	867	927	-60
	3,461	3,690	-229
	1,130	1,247	-117
	4,232	4,546	-314
	1,624	1,173	451
	1,726	1,318	408
	3,080	2,461	619
	23,599	17,716	5,883
	22,784	17,362	5,422
	3,278	2,356	922
	55,503	40,000	15,503
	1,928	1,909	19
	21,862	16,941	4,921
	2,898	2,651	247
	3,298	1,541	1,757
	3,086	2,137	949
	3,510	2,223	1,287
	2,898	2,279	619
	2,992	2,810	182
	3,490	2,166	1,324
	3,086	2,318	768
	1,638	1,388	250
	1,808	1,524	284
	326	313	13
	3,214	2,146	1,068
	2,392	1,972	420
	1,827	1,530	297
	1,454	1,380	74
	1,652	1,888	-236
	2,174	1,423	751
	3,321	2,233	1,088
	1,378	1,183	195
	3,425	2,310	1,115
	1,322	1,227	95
	2,804	2,180	624
	3,368	2,280	1,088
	1,312	1,180	132
	3,365	2,527	838
	458	438	20
	1,196	1,038	158
	528	522	6
	2,984	2,361	623
	2,543	1,941	602
	1,911	1,556	355
	2,528	1,994	534
	3,101	2,316	785
	1,498	1,082	416
	37,609	42,252	-4,643
	2,769	2,028	741
	2,344	1,861	483
	3,346	3,154	192
	1,289	1,208	81
	2,189	2,174	15
	4,545	4,470	75
	3,133	3,036	97
	3,024	3,001	23
	2,254	2,092	162
	684	731	-47
	3,748	3,997	-249
	865	955	-90
	3,646	3,916	-270
	832	906	-74
	70,211	70,232	-21
	117,352	116,987	365
	59,391	57,791	1,600
	247,733	247,762	-29
	107,677	106,869	808
	100,567	100,000	567
	654	699	-45
	3,346	3,568	-222
	884	976	-92
	3,354	3,603	-249
	765	833	-68
	8,995	8,402	593
	4,395	4,200	195
	5,159	5,081	78
	5,187	5,014	173
	5,437	5,386	51
	15,374	15,174	200
	12,076	11,672	404
	15,360	15,300	60
	16,454	16,260	194
	20,526	20,170	356
	5,303	5,073	230
	5,212	5,134	78
	12,205	12,141	64
	5,847	5,430	417
	5,477	5,316	161
	38,005	38,111	-106
	12,002	12,037	-35
	5,009	5,003	6
	4,545	4,324	221
	5,574	5,259	315
	11,074	11,049	25
	5,758	5,402	356
	5,862	5,524	338
	5,719	5,359	360
	4,225	4,195	30
	5,291	4,975	316
	36,611	36,400	211
	6,779	6,411	368
	4,475	4,169	306
	657	706	-49
	645	690	-45
	3,806	4,058	-252
	838	925	-87
	1,211	1,341	-130
	3,296	3,540	-244
	752	819	-67
	3,988	3,580	408
	28,657	28,574	83
	29,763	29,526	237
	178,289	176,351	1,938
	4,093	3,797	296
	8,207	12,420	-4,213
	4,639	9,619	-4,980
	7,300	8,522	-1,222
	9,658	11,094	-1,436
	804	864	-60
	643	687	-44
	3,233	3,447	-214
	803	886	-83
	1,308	1,449	-141
	3,017	3,241	-224
	688	749	-61
	97,537	88,358	9,179
	11,751	11,373	378
	17,025	17,046	-21
	646	702	-56
	641	678	-37
	118	124	-6
	16,023	16,043	-20
	921	967	-46
	889	982	-93
	680	734	-54
	1,330	1,473	-143
	692	753	-61
	3,031	3,256	-225
	1,285	1,333	-48
	24,156	23,510	646
	200,251	200,509	-258
	50,451	50,243	208
	8,739	9,554	-815
	15,550	14,746	804
	13,721	11,152	2,569
	11,850	6,852	4,998
	9,235	8,389	846
	4,696	4,194	502
	3,069	3,036	33
	2,916	3,008	-92
	3,990	3,570	420
	3,126	3,173	-47
	10,215	10,116	99
	10,181	10,200	-19
	9,131	9,000	131
	15,146	14,369	777
	4,071	4,045	26
	9,116	9,106	10
	3,097	3,174	-77
	2,979	2,997	-18
	4,109	3,990	119
	4,466	4,316	150
	5,533	6,248	-715
	7,068	7,001	67
	3,570	3,234	336
	3,720	3,306	414
	3,476	3,207	269
	4,162	4,140	22
	5,045	4,987	58
	31,033	31,054	-21
	4,615	3,980	635
	26,704	23,753	2,951
	3,420	3,195	225
	4,507	4,163	344
	6,307	6,335	-28
	702	763	-61
	1,026	1,086	-60
	429	449	-20
	7,959	6,965	994
	3,411	3,160	251
	22,088	22,088
	47,227	42,211	5,016
	1,936	2,034	-98
	804	887	-83
	670	722	-52
	1,284	1,423	-139
	631	687	-56
	2,766	2,971	-205
	2,210	2,292	-82
	44,396	44,712	-316
	3,147	3,093	54
	3,383	3,249	134
	14,053	14,051	2
	844	917	-73
	1,231	1,303	-72
	720	753	-33
	1,486	1,562	-76
	866	956	-90
	823	888	-65
	1,428	1,582	-154
	2,797	3,005	-208
	638	695	-57
	1,958	2,032	-74
	3,043	2,137	906
	863	938	-75
	1,037	1,097	-60
	815	852	-37
	17,469	20,037	-2,568
	7,097	7,534	-437
	4,538	2,772	1,766
	7,142	7,884	-742
	100,313	100,321	-8
	1,730	1,818	-88
	142	151	-9
	762	822	-60
	1,192	1,321	-129
	609	663	-54
	2,668	2,866	-198
	1,661	1,723	-62

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			43
b			-559
c			2,558
d			5,271
e			3,436
			-359
			392
			141
			788
			133
			-70
			-434
			-114
			-306
			-259
			-62
			-484
			-1,079
			-49
			-116
			-290
			54
			55
			39
			37
			5
			117
			-50
			-47
			-40


			-60
			-229
			-117
			-314
			451
			408
			619
			5,883
			5,422
			922
			15,503
			19
			4,921
			247
			1,757
			949
			1,287
			619
			182
			1,324
			768
			250
			284
			13
			1,068
			420
			297
			74
			-236
			751
			1,088
			195
			1,115
			95
			624
			1,088
			132
			838
			20
			158
			6
			623
			602
			355
			534
			785
			416
			-4,643
			741
			483
			192
			81
			15
			75
			97
			23
			162
			-47
			-249
			-90
			-270
			-74
			-21
			365
			1,600
			-29
			808
			567
			-45
			-222
			-92
			-249
			-68
			593
			195
			78
			173
			51
			200
			404
			60
			194
			356
			230
			78
			64
			417
			161
			-106
			-35
			6
			221
			315
			25
			356
			338
			360
			30
			316
			211
			368
			306
			-49
			-45
			-252
			-87
			-130
			-244
			-67
			408
			83
			237
			1,938
			296
			-4,213
			-4,980
			-1,222
			-1,436
			-60
			-44
			-214
			-83
			-141
			-224
			-61
			9,179
			378
			-21
			-56
			-37
			-6
			-20
			-46
			-93
			-54
			-143
			-61
			-225
			-48
			646
			-258
			208
			-815
			804
			2,569
			4,998
			846
			502
			33
			-92
			420
			-47
			99
			-19
			131
			777
			26
			10
			-77
			-18
			119
			150
			-715
			67
			336
			414
			269
			22
			58
			-21
			635
			2,951
			225
			344
			-28
			-61
			-60
			-20
			994
			251

			5,016
			-98
			-83
			-52
			-139
			-56
			-205
			-82
			-316
			54
			134
			2
			-73
			-72
			-33
			-76
			-90
			-65
			-154
			-208
			-57
			-74
			906
			-75
			-60
			-37
			-2,568
			-437
			1,766
			-742
			-8
			-88
			-9
			-60
			-129
			-54
			-198
			-62

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	86,158
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

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	148,358	3,100,279	0.047853
2009	173,996	2,994,030	0.058114
2008	148,993	3,397,757	0.04385
2007	107,470	3,745,365	0.028694
2006	101,773	3,633,025	0.028013

2	Total of line 1, column (d) ......................	2	0.206524
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	0.041305
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	3,124,195
5	Multiply line 4 by line 3.......................	5	129,045
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,443
7	Add lines 5 and 6.........................	7	130,488
8	Enter qualifying distributions from Part XII, line 4..............	8	154,334
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	1,443
	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	0
3	Add lines 1 and 2............................	3	1,443
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	1,443
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	728
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	728
8	Enter any penalty for underpayment of estimated tax. Check hereif 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.......		9	715
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax	Refunded	11	0

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

The books are in care of bullet

REGIONS BANK TRUST DEPARTMENT Telephone no. bullet

(251) 690-1024

Located at bullet

11 N WATER STREET 25TH FLOORMOBILEAL ZIP+4 bullet

36602

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
REGIONS BANK	TRUSTEE 1	29,603
19 SOUTH 4TH STREET LAFAYETTE,IN47901	TRUSTEE 1	29,603

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


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

3,171,772

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

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

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

3,171,772

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

3,171,772

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

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

47,577

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

3,124,195

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

156,210

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

156,210

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

1,443

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

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

1,443

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

154,767

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

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

154,767

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

154,767

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 ..........

154,334

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

154,334

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

1,443

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

152,891

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	(b) Years prior to 2010	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7					154,767
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......				147,613
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: $ 154,334
a Applied to 2010, but not more than line 2a				147,613
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.....					6,721
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 ..........					148,046
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)

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
AMERICAN RED CROSS 430 17TH STREET NW WASHINGTON,DC20006	NONE	PUBLIC	GENERAL ASSISTANCE	29,523
SALVATION ARMY 3100 N MERIDIAN ST INDIANAPOLIS,IN46208	NONE	PUBLIC	GENERAL ASSISTANCE	14,761
PURDUE UNIVERSITY 1139 HOVDE HALL WEST LAFAYETTE,IN47907	NONE	PUBLIC	SCHOLARSHIPS IN HOME ECONOMICS	59,045
INDIANA UNIVERSITY 2121 BRYAN HALL BLOOMINGTON,IN47105	NONE	PUBLIC	SCHOLARSHIPS FOR MEDICAL SCHOOL	29,523
KAPPA KAPPA KAPPA 1662 S MAYBERRY DR FRANKFORT,IN45016	NONE	PUBLIC	SCHOLARSHIPS FOR NURSES EDUCATION	14,761
Total ................................. 3a				147,613

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	28
4 Dividends and interest from securities....			14	89,026
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	86,158
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)..				175,212

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

13175,212

(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

Name of Bond	End of Year Book Value	End of Year Fair Market Value
CATERPILLAR INC 7.9%	10,847	11,982
WACHOVIA BANK 5.6%
GENERAL ELECTRIC CO 5%	11,302	11,463
DODGE & COX INCOME FUND	23,699	24,721
FHLM CORP
FNMA
AT&T INC 5.6% 05/15/2018	21,717	23,239
ABBOT LABS 5.125%	10,571	11,611
BB& T CORP 3.85%	12,226	12,196
BARCLAYS BANK	12,079	12,051
CITIGROUP INC 6%	11,580	11,382
CREDIT SUISSE 5.5%	23,507	22,867
GOLDMAN SACHS GP 7.5%	11,080	11,044
GOLDMAN SACHS 6%	11,732	11,457
HEWLETT PACKARD 2.2%	11,989	11,718
JP MORGAN CHASE	10,918	11,326
MERILL LYNCH 6.875% 4/25/18	15,000	13,803
ORACLE CORP 5.75% 4/15/18	10,917	12,135
PFIZER INC 6.2%3/24/19	11,223	12,339
TARGET CORP CAL 5.375% 5/1/17	10,767	11,753
VERIZON COM	10,886	11,443
VANGUARD S/T BD
FHLMC G01840	27,436	27,157
FHLMC G14056	27,004	26,792
FHLMC J16353	28,154	28,081
FNMA AH6827	40,003	40,216
FNMA AL0393	11,124	11,196
FNMA 735580	27,837	27,911
FNMA 888021	51,672	51,448
FNMA 889579	141,148	144,957
FNMA AE3066	39,618	39,968
GE CAP CORP 5.3% 2/11/21	11,060	11,758
INTEL CORP 3.3% 10/1/21	11,952	12,641
MORGAN STANLEY 4.2% 11/20/14	24,953	23,147
ONTARIO 1.375% 1/27/14	24,005	24,251
QUEBEC PROVINCE 4.875% 5/5/14	23,040	22,903
TEVA PHARMA 1.7% 11/10/14	14,009	14,108
TOYOTA MOTOR 3.4% 9/15/21	11,970	12,367
WACHOVIA CORP 5.75% 6/15/17	10,651	11,298

Name of Stock	End of Year Book Value	End of Year Fair Market Value
VANGUARD 500 INDEX FUND
ABBOTT LABS
ALLERGAN INC	20,897	25,445
AMERICAN EXPRESS CO	22,798	24,293
APACHE CORP	28,490	25,815
AUTO DESK INC	27,776	25,932
BANK OF AMERICA CORP
CVS/CAREMARK CORP	24,330	28,546
CATERPILLAR INC	24,403	28,539
CHEVRON CORP	20,674	24,472
CISCO SYSTEMS INC	27,098	27,753
EMC CORP MASS	24,057	24,340
EATON CORP
EXXON MOBIL CORP	24,576	28,395
GENERAL ELECTRIC CO	27,498	28,029
GOLDMAN SACHS GRP INC	31,700	22,608
HALLIBURTON CO	25,690	24,847
HESS CORP
INTEL CORP	22,757	26,190
J P MORGAN CHASE	28,913	25,935
JOHNSON & JOHNSON	24,738	25,248
JUNIPER NETWORKS	30,211	26,023
MATTEL INC	18,405	21,375
MCGRAW HILL INC	21,331	24,958
MERCK & CO INC NEW	26,005	28,652
MICROSOFT CORP
MONSANTO CO NEW	25,866	26,276
NEXTRA ENERGY INC	24,322	27,092
NORFOLK SOUTHERN CORP	23,541	28,051
ORACLE CORP	22,978	20,905
PEPSICO INC	24,854	25,877
PHILIP MORRIS INTERNATIONAL	18,558	24,329
PROCTER & GAMBLE CO	24,350	25,683
PRUDENTIAL FINANCIAL INC	27,163	26,313
QUALCOMM INC	22,440	25,983
ROBERT HALF INTL INC
SCHLUMBERGER LTD	26,310	25,958
STAPLES INC	30,222	24,863
STATE STREET CORP	22,000	23,581
STRYKER CORP	27,054	25,352
THERMO FISHER SCIENTIFIC	25,362	21,361
3M CO	26,331	26,154
TIFFANY & CO
TRAVELLERS COMPANIES INC	26,447	29,585
UNITED TECHNOLOGIES CORP	24,935	24,485
VF CORP
VERIZON COMMUNICATIONS	21,429	26,479
VISA INC CLASS A SHRS
WALMART STORES INC
WALGREEN INC	25,741	22,646
TEVA PHARMACEUTICAL	31,110	27,445
ARTISAN FDS INC SMALL CAP VAL	22,284	24,537
ARTISAN FDS INC MID CAP VAL	22,638	26,080
BLACKROCK US OPP
BUFFALO SMALL CAP FD	23,059	26,676
HASBRO INC	24,649	22,004
AMERICAN EUROPACIFIC GRWTH-F-	124,181	116,433
THORNBURG INTL VALUE FD CL I	120,749	116,036
BLACKROCK INC	28,181	28,518
BROADCOM CORP	23,634	20,258
EMERSON ELECTRIC	28,618	25,625
GOOGLE INC CL A	24,911	29,066
LABORATORY CORP	23,002	25,791
OCCIDENTAL PETE	23,153	24,362
PRAXAIR INC	23,606	26,725
TEXAS INSTRS INC	27,968	25,762
VISA INC - CL A SHRS	21,284	26,398
HIGH MARK GENEVA MID CAP GRWTH	29,800	28,171

Description	Amount
OID ADJUSTMENT	2,993
ROUNDING	2
ACCRETION ADJUSTMENT	434