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
CAROL W & MYRON J ROTHSCHILD FUND
C/O REGIONS BANK

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 2450   Room/suite
City or town, state, and ZIP code
MONTGOMERY, AL36102
A Employer identification number

63-6050756
B Telephone number (see page 10 of the instructions)

(334) 230-6100
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$5,389,812J 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 52,094 52,094  
4 Dividends and interest from securities...... 99,022 99,022  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 41,467
b Gross sales price for all assets on line 6a 746,947
7 Capital gain net income (from Part IV, line 2)... 41,467
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 192,583 192,583  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 26,737 26,737    
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 1,435     1,435
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 2,646      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,818 26,737   1,435
25 Contributions, gifts, grants paid........ 242,083 242,083
26 Total expenses and disbursements. Add lines 24 and 25 272,901 26,737   243,518
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -80,318
b Net investment income (if negative, enter -0-) 165,846
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 162,001 238,925 238,925
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 988,780 Click to see attachment1,006,561 3,851,607
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,295,735 Click to see attachment1,235,964 1,299,238
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment313 Click to see attachment42 Click to see attachment42
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,446,829 2,481,492 5,389,812
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......... 2,446,829 2,481,492
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).................... 2,446,829 2,481,492
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,446,829 2,481,492
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 2,446,829
2 Enter amount from Part I, line 27a..................... 2 -80,318
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 114,981
4 Add lines 1, 2, and 3.......................... 4 2,481,492
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,481,492
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 AFLAC INC DTD 5/21/09 8.5% 05/15/201 P 2011-06-15 2011-07-07
b COMCAST CORP DTD 06/18/09 5.7% 07/01 P 2010-07-08 2011-06-07
c FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-06-15
d FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-02-25
e FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-11-25
GENERAL ELECTRIC CO 5% 02/01/2013 P 2008-11-06 2011-02-09
TALISMAN ENERGY INC DTD 6/1/09 7.75% P 2010-07-08 2011-08-12
UNITED STATES TREASURY N/B DTD 02/17 P 2011-02-14 2011-06-10
UNITED STATES TREASURY N/B DTD 11/30 P 2011-09-01 2011-09-13
ANHEUSER-BUSCH INBEV WOR DTD 01/27/2 P 2011-01-28 2011-08-09
CONOCOPHILLIPS DTD 2/3/09 6.5% 02/01 P 2009-05-20 2011-03-24
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-07-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-12-27
GENERAL ELECTRIC CO 5% 02/01/2013 P 2008-11-06 2011-05-06
TARGET CORP CALLABLE 5.375% 05/01/20 P 2010-07-08 2011-07-07
UNITED STATES TREASURY N/B DTD 06/01 P 2011-10-06 2011-11-04
UNITED STATES TREASURY N/B DTD 11/30 P 2011-09-01 2011-09-15
AT&T INC DTD 05/13/08 5.6% 05/15/201 P 2010-07-08 2011-05-06
CONOCOPHILLIPS DTD 2/3/09 6.5% 02/01 P 2009-05-20 2011-03-24
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-08-09
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-12-27
GENERAL ELECTRIC CO 5% 02/01/2013 P 2009-03-05 2011-05-06
TIME WARNER CABLE 6.75% 07/01/2018 P 2010-07-08 2011-07-07
UNITED STATES TREASURY N/B DTD 06/01 P 2011-10-06 2011-11-09
UNITED STATES TREASURY N/B DTD 11/30 P 2011-09-01 2011-10-06
BARCLAYS BANK PLC DTD 04/07/2010 3.9 P 2010-07-08 2011-06-07
CONOCOPHILLIPS DTD 2/3/09 6.5% 02/01 P 2009-05-20 2011-03-25
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-08-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-09-26
GOLDMAN SACHS GROUP INC DTD 2/5/09 7 P 2010-07-08 2011-08-09
TRAVELERS COMPANIES, INC. CALLABLE S P 2008-11-06 2011-05-06
UNITED STATES TREASURY N/B DTD 06/01 P 2011-10-06 2011-11-14
UNITED STATES TREASURY N/B DTD 11/30 P 2009-12-14 2011-02-14
BB& T CORPORATION DTD 7/27/09 3.85% P 2010-07-08 2011-07-07
CONOCOPHILLIPS DTD 2/3/09 6.5% 02/01 P 2009-05-21 2011-03-25
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-01-18
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-10-25
HESS CORPORATION DTD 2/3/09 8.125% 0 P 2010-07-08 2011-07-07
TRAVELERS COMPANIES, INC. CALLABLE S P 2008-11-06 2011-05-10
UNITED STATES TREASURY N/B DTD 08/16 P 2010-09-13 2011-05-06
UNITED STATES TREASURY N/B DTD 11/30 P 2009-12-14 2011-10-06
BB& T CORPORATION DTD 7/27/09 3.85% P 2010-05-10 2011-07-07
CREDIT SUISSE NEW YORK DTD 5/4/09 5. P 2010-08-09 2011-06-07
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-02-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-11-25
JOHN DEERE CAPITAL CORP INSD: FDIC D P 2010-07-08 2011-07-07
UNITED STATES TREASURY 5.375% 02/15/ P 2010-12-10 2011-06-10
UNITED STATES TREASURY N/B DTD 11/15 P 2011-06-13 2011-08-09
UNITED STATES TREASURY N/B DTD 11/30 P 2010-04-14 2011-10-06
BB& T CORPORATION DTD 7/27/09 3.85% P 2010-04-27 2011-10-28
CSX CORP DTD 3/27/08 6.25% 04/01/201 P 2010-07-13 2011-08-09
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-03-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-12-27
JOHN DEERE CAPITAL CORP INSD: FDIC D P 2010-07-08 2011-08-09
UNITED STATES TREASURY 6.25% 08/15/2 P 2011-02-14 2011-08-09
UNITED STATES TREASURY N/B DTD 11/15 P 2011-06-13 2011-11-04
VERIZON COMMUNICATIONS 5.55% 02/15/2 P 2008-11-06 2011-03-10
BB& T CORPORATION DTD 7/27/09 3.85% P 2010-04-28 2011-10-28
DIRECTV HOLDGS/FING DTD 03/11/2010 3 P 2010-09-15 2011-07-07
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-04-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-09-26
KRAFT FOODS INC DTD 02/08/2010 4.125 P 2010-07-08 2011-07-07
UNITED STATES TREASURY 6.25% 08/15/2 P 2011-02-14 2011-11-04
UNITED STATES TREASURY N/B DTD 11/30 P 2010-06-17 2011-01-28
VERIZON COMMUNICATIONS DTD 03/28/201 P 2011-03-25 2011-07-07
BB& T CORPORATION DTD 7/27/09 3.85% P 2010-04-29 2011-10-28
EATON CORP P 2010-08-24 2011-03-10
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-05-16
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-10-25
MERRILL LYNCH & CO 6.11% 01/29/2037 P 2010-04-19 2011-05-06
UNITED STATES TREASURY INFLATION IND P 2010-05-10 2011-04-07
UNITED STATES TREASURY N/B DTD 11/30 P 2010-06-17 2011-02-14
WACHOVIA CORP DTD 06/08/07 5.75% 06/ P 2010-07-08 2011-05-06
BB& T CORPORATION DTD 7/27/09 3.85% P 2010-07-08 2011-10-28
EATON CORP P 2008-07-14 2011-03-10
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-06-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-11-25
MERRILL LYNCH & CO INC SERIES: MTN D P 2010-07-08 2011-05-06
UNITED STATES TREASURY INFLATION IND P 2010-07-08 2011-04-07
UNITED STATES TREASURY N/B DTD 11/30 P 2011-05-06 2011-06-15
CA INC DTD 11/13/09 5.375% 12/01/201 P 2010-07-08 2011-08-10
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-01-18
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-07-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-08-09 2011-12-27
MORGAN STANLEY GROUP INC P 1989-12-27 2011-06-27
UNITED STATES TREASURY INFLATION IND P 2010-05-10 2011-07-07
UNITED STATES TREASURY N/B DTD 11/30 P 2011-06-07 2011-06-15
CITIGROUP INC FDIC GUARANTEED DTD 08 P 2010-05-10 2011-01-28
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-02-15
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-08-09
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2011-11-04 2011-12-27
MORGAN STANLEY GROUP INC P 1999-12-29 2011-06-27
UNITED STATES TREASURY INFLATION IND P 2009-11-10 2011-08-09
UNITED STATES TREASURY N/B DTD 11/30 P 2011-04-07 2011-08-18
CITIGROUP INC FDIC GUARANTEED DTD 08 P 2010-07-08 2011-01-28
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-03-15
FEDERAL HOME LOAN MTG CORP POOL G13 P 2008-11-10 2011-08-15
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-05-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-10-25
GENERAL ELECTRIC CAPITAL CORP DTD 02 P 2011-02-09 2011-05-06
MORGAN STANLEY SERIES: MTN DTD 9/23/ P 2009-10-13 2011-06-07
UNITED STATES TREASURY INFLATION IND P 2010-05-10 2011-08-09
UNITED STATES TREASURY N/B DTD 11/30 P 2011-07-07 2011-08-18
CITIGROUP INC FDIC GUARANTEED DTD 08 P 2009-12-15 2011-01-28
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-04-15
FEDERAL NATIONAL MORTGAGE ASSN 5% 03 P 2010-07-08 2011-06-07
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-06-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-08-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-11-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-02-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-10-25
GENERAL ELECTRIC CO 5% 02/01/2013 P 2010-07-08 2011-02-09
PETROBRAS INTL FIN CO DTD 10/30/09 5 P 2011-06-13 2011-07-07
UNITED STATES TREASURY INFLATION IND P 2009-11-10 2011-08-25
UNITED STATES TREASURY N/B DTD 11/30 P 2011-07-07 2011-08-24
CITIGROUP INC FDIC GUARANTEED DTD 08 P 2009-12-15 2011-07-07
FEDERAL HOME LOAN MTG CORP POOL G12 P 2010-07-12 2011-05-16
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-01-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-04-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-09 2011-07-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-10-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-09-26
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2008-11-10 2011-12-27
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-07-08 2011-03-25
FEDERAL NATIONAL MORTGAGE ASSN POOL P 2010-05-10 2011-11-25
GENERAL ELECTRIC CO 5% 02/01/2013 P 2010-05-10 2011-02-09
PROGRESS ENERGY INC P 2008-07-14 2011-03-10
UNITED STATES TREASURY INFLATION IND P 2011-08-25 2011-11-04
UNITED STATES TREASURY N/B DTD 11/30 P 2011-07-07 2011-09-13
(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 1,229   1,241 -12
b 2,232   2,178 54
c 524   561 -37
d 93   99 -6
e 376   380 -4
492   530 -38
1,056   1,058 -2
659   660 -1
307   328 -21
333   363 -30
109   117 -8
159   173 -14
10,677   9,901 776
1,262   1,215 47
15,114   13,912 1,202
3,004   3,000 4
1,049   1,006 43
4,587   3,900 687
473   506 -33
71   75 -4
664   672 -8
489   527 -38
1,143   1,145 -2
728   729 -1
315   337 -22
438   476 -38
232   251 -19
83   89 -6
8,542   7,930 612
1,144   1,120 24
3,011   3,011  
13,019   13,023 -4
2,230   2,206 24
2,294   1,966 328
19,114   18,967 147
70   74 -4
251   254 -3
520   561 -41
611   659 -48
746   747 -1
296   317 -21
109   119 -10
202   218 -16
176   190 -14
5,339   4,836 503
1,167   1,133 34
13,049   13,047 2
12,013   12,021 -8
2,107   2,031 76
5,715   4,874 841
370   396 -26
58   62 -4
397   401 -4
535   577 -42
602   649 -47
2,523   2,561 -38
230   246 -16
253   275 -22
170   184 -14
756   784 -28
1,154   1,114 40
6,656   4,853 1,803
13,047   13,046 1
25,097   24,966 131
1,032   1,025 7
1,143   974 169
2,739   2,732 7
54   58 -4
285   288 -3
582   628 -46
740   798 -58
1,719   1,745 -26
215   230 -15
339   369 -30
95   102 -7
1,300   1,349 -49
1,271   1,230 41
6,586   4,853 1,733
2,002   1,995 7
37,039   36,949 90
1,032   1,026 6
2,217   2,173 44
2,261   2,255 6
66   70 -4
328   332 -4
1,712   1,715 -3
685   739 -54
1,873   1,901 -28
143   152 -9
96   105 -9
80   86 -6
1,152   1,195 -43
1,024   1,032 -8
14,479   13,876 603
1,023   979 44
75,079   74,871 208
9,204   9,126 78
1,163   1,118 45
2,093   2,087 6
56   60 -4
314   318 -4
1,348   1,350 -2
715   716 -1
2,073   2,104 -31
155   165 -10
481   523 -42
88   95 -7
977   1,014 -37
1,022   1,032 -10
1,359   1,219 140
3,174   2,937 237
13,480   11,215 2,265
2,045   2,029 16
1,046   1,031 15
1,555   1,551 4
66   70 -4
259   262 -3
1,039   1,040 -1
1,116   1,117 -1
1,085   1,101 -16
239   255 -16
249   271 -22
187   202 -15
560   589 -29
1,067   1,045 22
2,808   2,431 377
12,050   12,019 31
1,063   1,007 56
1,023   1,015 8
2,078   1,438 640
1,301   1,298 3
68   72 -4
898   968 -70
1,160   1,161 -1
959   959  
1,845   1,873 -28
137   147 -10
217   236 -19
63   68 -5
1,178   1,238 -60
1,974   1,879 95
3,267   3,140 127
2,008   2,003 5
2,254   2,187 67
1,023   1,017 6
17,659   13,531 4,128
1,266   1,263 3
60   63 -3
669   722 -53
1,008   1,009 -1
787   788 -1
1,961   1,991 -30
153   163 -10
138   149 -11
133   144 -11
905   950 -45
1,142   1,069 73
1,089   1,048 41
15,044   15,048 -4
1,121   1,047 74
1,000   1,070 -70
1,323   1,320 3
71   75 -4
615   663 -48
890   891 -1
637   637  
1,544   1,567 -23
134   143 -9
294   318 -24
87   94 -7
1,053   1,107 -54
2,155   513 1,642
2,271   2,137 134
12,035   12,037 -2
6,175   6,085 90
922   986 -64
50,747   46,959 3,788
572   578 -6
618   667 -49
989   990 -1
404   405 -1
1,916   1,945 -29
127   135 -8
128   138 -10
185   200 -15
180   192 -12
10,731   215 10,516
1,183   1,065 118
5,010   5,000 10
3,087   3,069 18
664   711 -47
1,288   1,285 3
644   652 -8
468   505 -37
880   881 -1
1,165   1,166 -1
1,116   1,133 -17
734   799 -65
273   295 -22
76   81 -5
2,088   2,024 64
2,072   2,006 66
1,183   1,071 112
2,004   2,000 4
20,582   20,242 340
517   553 -36
2,295   2,239 56
802   812 -10
458   494 -36
1,082   1,084 -2
788   789 -1
1,544   1,567 -23
567   618 -51
108   116 -8
161   174 -13
2,137   2,117 20
2,148   2,133 15
69,333   62,785 6,548
6,011   6,000 11
1,025   1,013 12
499   534 -35
96   101 -5
497   503 -6
499   538 -39
935   936 -1
857   858 -1
1,624   1,648 -24
178   194 -16
230   249 -19
75   81 -6
2,135   2,110 25
15,285   13,595 1,690
2,140   2,115 25
10,015   10,010 5
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       -12
b       54
c       -37
d       -6
e       -4
      -38
      -2
      -1
      -21
      -30
      -8
      -14
      776
      47
      1,202
      4
      43
      687
      -33
      -4
      -8
      -38
      -2
      -1
      -22
      -38
      -19
      -6
      612
      24
       
      -4
      24
      328
      147
      -4
      -3
      -41
      -48
      -1
      -21
      -10
      -16
      -14
      503
      34
      2
      -8
      76
      841
      -26
      -4
      -4
      -42
      -47
      -38
      -16
      -22
      -14
      -28
      40
      1,803
      1
      131
      7
      169
      7
      -4
      -3
      -46
      -58
      -26
      -15
      -30
      -7
      -49
      41
      1,733
      7
      90
      6
      44
      6
      -4
      -4
      -3
      -54
      -28
      -9
      -9
      -6
      -43
      -8
      603
      44
      208
      78
      45
      6
      -4
      -4
      -2
      -1
      -31
      -10
      -42
      -7
      -37
      -10
      140
      237
      2,265
      16
      15
      4
      -4
      -3
      -1
      -1
      -16
      -16
      -22
      -15
      -29
      22
      377
      31
      56
      8
      640
      3
      -4
      -70
      -1
       
      -28
      -10
      -19
      -5
      -60
      95
      127
      5
      67
      6
      4,128
      3
      -3
      -53
      -1
      -1
      -30
      -10
      -11
      -11
      -45
      73
      41
      -4
      74
      -70
      3
      -4
      -48
      -1
       
      -23
      -9
      -24
      -7
      -54
      1,642
      134
      -2
      90
      -64
      3,788
      -6
      -49
      -1
      -1
      -29
      -8
      -10
      -15
      -12
      10,516
      118
      10
      18
      -47
      3
      -8
      -37
      -1
      -1
      -17
      -65
      -22
      -5
      64
      66
      112
      4
      340
      -36
      56
      -10
      -36
      -2
      -1
      -23
      -51
      -8
      -13
      20
      15
      6,548
      11
      12
      -35
      -5
      -6
      -39
      -1
      -1
      -24
      -16
      -19
      -6
      25
      1,690
      25
      5
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 41,467
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 2,716
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 214,568 4,717,680 0.045482
2009 257,271 4,345,577 0.059203
2008 256,596 5,332,515 0.048119
2007 232,519 5,161,094 0.045052
2006 225,828 4,870,224 0.046369
2 Total of line 1, column (d) ...................... 2 0.244225
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 0.048845
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 5,259,825
5 Multiply line 4 by line 3....................... 5 256,916
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,658
7 Add lines 5 and 6......................... 7 258,574
8 Enter qualifying distributions from Part XII, line 4.............. 8 243,518
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 3,317
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 3,317
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 3,317
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 2,440
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,440
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 877
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 taxBullet0 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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)bulletAL
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletREGIONS BANK TRUST DEPARTMENT Telephone no.bullet (334) 230-6100
    Located atbullet201 MONROE ST 4TH FLOORMONTGOMERYAL ZIP+4bullet36104
    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
     
     
    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
     
     
    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
     
     
    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
    REGIONS BANK TRUST DEPARTMENTClick to see attachment TRUSTEE
    5.00     		26,737 0 0
    201 MONROE STREET 4TH FLOOR
    MONTGOMERY,AL36104
    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  
    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)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    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
    5,104,034
    b
    Average of monthly cash balances.......................
    1b
    235,890
    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
    5,339,924
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    5,339,924
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    80,099
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,259,825
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    262,991
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    262,991
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    3,317
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,317
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    259,674
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    259,674
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    259,674
    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
    243,518
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    243,518
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    243,518
    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 7 259,674
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 231,924
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 243,518
    a Applied to 2010, but not more than line 2a 231,924
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 11,594
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		248,080
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    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
    ALABAMA PUBLIC TELEVISION
    P O BOX 2153
    BIRMINGHAM,AL35287     		NONE PUBLIC CHARI GENERAL FUND 1,000
    AMERICAN HEART ASSOCIATIO
    1449 MEDICAL PARK DR
    BIRMINGHAM,AL35213     		NONE PUBLIC CHARI GENERAL FUND 500
    AMERICAN PRINTING HOUSE
    P O BOX 6389
    LOUISVILLE,KY40206     		NONE PUBLIC CHARI GENERAL FUND 250
    AMERICAN RED CROSS
    5015 WOODS CROSSING
    MONTGOMERY,AL36106     		NONE PUBLIC CHARI GENERAL FUND 20,000
    BOYS GIRLS CLUB OF MONT
    P O BOX 234
    MONTGOMERY,AL36101     		NONE PUBLIC CHARI GENERAL FUND 3,000
    BRANTWOOD CHILDREN'S HOME
    1309 UPPER WETUMPKA RD
    MONTGOMERY,AL36107     		NONE PUBLIC CHARI GENERAL FUND 3,000
    CAMP ASCCA
    P O BOX 21
    JACKSON GAP,AL36861     		NONE PUBLIC CHARI GENERAL FUND 500
    CAMP SUNSHINE FOR BOYS
    434 N MCDONOUGH STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 3,000
    CAMP SUNSHINE FOR GIRLS
    434 N MCDONOUGH STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 3,000
    CAPRI COMMUNITY FILM SOCI
    1045 E FAIRVIEW AVE
    MONTGOMERY,AL36106     		NONE PUBLIC CHARI GENERAL FUND 500
    CHILDREN'S CENTER OF MONT
    301 N MADISON TERRACE
    MONTGOMERY,AL36107     		NONE PUBLIC CHARI GENERAL FUND 500
    EYE-BANK FOR SIGHT RESTOR
    120 WALL STREET
    NEW YORK,NY10289     		NONE PUBLIC CHARI GENERAL FUND 1,000
    FAMILY GUIDANCE CENTER
    2358 FAIRLANE DRIVE
    MONTGOMERY,AL36116     		NONE PUBLIC CHARI GENERAL FUND 5,000
    FAMILY SUNSHINE CEN - VIOLENCE CEN
    858 S COURT STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 115,333
    FRIENDS OF ALABAMA ARCHIV
    P O BOX 5160
    MONTGOMERY,AL36103     		NONE PUBLIC CHARI GENERAL FUND 250
    FRIENDS OF THE MONTGOMERY
    245 HIGH STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 500
    GIRLS SCOUT CAMPERSHIP FU
    145 COLISEUM BLVD
    MONTGOMERY,AL36109     		NONE PUBLIC CHARI GENERAL FUND 500
    GOODWILL INDUSTRIES- CENT
    P O BOX 9349
    MONTGOMERY,AL36108     		NONE PUBLIC CHARI GENERAL FUND 500
    GROUP HOMES FOR CHILDREN
    1426 S COURT STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 500
    HOSPICE OF MONTGOMERY
    1111 HOLLOWAY PARK
    MONTGOMERY,AL36117     		NONE PUBLIC CHARI GENERAL FUND 5,000
    INTERNATIONAL RETINAL RES
    1720 UNIVERSITY BLVD
    BIRMINGHAM,AL35233     		NONE PUBLIC CHARI GENERAL FUND 3,000
    JEWISH CHILDREN'S REGIONA
    P O BOX 7368
    METAIRIE,LA70010     		NONE PUBLIC CHARI GENERAL FUND 1,000
    JOY TO LIFE FOUNDATION
    5401 TAYLOR ROAD
    MONTGOMERY,AL36116     		NONE PUBLIC CHARI GENERAL FUND 5,000
    LANDMARKS FOUNDATION
    301 COLUMBUS STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 500
    LIGHTHOUSE COUNSELING CEN
    1415 E SOUTH BLVD
    MONTGOMERY,AL36116     		NONE PUBLIC CHARI GENERAL FUND 3,000
    MANE
    3699 WALLAHATCHIE ROAD
    PIKE ROAD,AL36064     		NONE PUBLIC CHARI GENERAL FUND 1,500
    MARC
    527 BUCKINGHAM DRIVE
    MONTGOMERY,AL36116     		NONE PUBLIC CHARI GENERAL FUND 500
    MONTGOMERY AIDS OUTREACH
    820 W SOUTH BLVD
    MONTGOMERY,AL36105     		NONE PUBLIC CHARI GENERAL FUND 2,500
    MONTGOMERY AREA COUNCIL O
    115 E JEFFERSON STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 11,000
    MONTGOMERY AREA FOOD BANK
    521 TRADE CENTER STREET
    MONTGOMERY,AL36108     		NONE PUBLIC CHARI GENERAL FUND 1,500
    MONTGOMERY HABITAT FOR HU
    123 JULIA STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 3,000
    MONTGOMERY SYMPHONY ORCHE
    P O BOX 1864
    MONTGOMERY,AL36102     		NONE PUBLIC CHARI GENERAL FUND 5,000
    SALVATION ARMY
    900 BELL STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 500
    SAYNO IN MONTGOMERY AREA
    492 S COURT STREET
    MONTGOMERY,AL36104     		NONE PUBLIC CHARI GENERAL FUND 250
    TEMPLE BETH
    2246 NARROW LANE ROAD
    MONTGOMERY,AL36106     		NONE PUBLIC CHARI GENERAL FUND 40,000
    Total .................................bullet 3a 242,083
    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 52,094  
    4 Dividends and interest from securities....     14 99,022  
    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 41,467  
    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)..   192,583  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13192,583
    (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 AccountingFeesSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
    C/O REGIONS BANK
    EIN: 63-6050756
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 1,435     1,435

    TY 2011 CompensationExplanation
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
    C/O REGIONS BANK
    EIN: 63-6050756
    Person Name Explanation
    REGIONS BANK TRUST DEPARTMENT  

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
    C/O REGIONS BANK
    EIN: 63-6050756
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 11,736 13,894
    ABBOTT LABS 15,085 15,182
    AFLAC INC 13,121 14,665
    ALLSTATE CORP 1,147 18,776
    AT&T INC 15,621 14,969
    AUTOMATIC DATA PROCESSING INC 13,585 17,823
    BB&T CORP 13,062 15,605
    BRISTOL MYERS SQUIBB CO 10,847 17,972
    CATERPILLAR 12,134 18,574
    CHEVRON CORP 17,205 20,748
    CLOROX CO 12,283 13,978
    COCA COLA COMPANY 4,322 1,458,944
    CONAGRA FOODS INC 13,618 16,896
    CONOCOPHILLIPS 13,252 19,238
    DISCOVER FINANCIAL SVS 144 6,888
    DOMINION RES INC VA NEW 13,814 15,924
    DUKE ENERGY CORP 70,104 88,000
    EATON CORP    
    EXELON CORP 21,371 14,529
    EXXONMOBIL CORP 18,942 20,766
    GALLAGHER ARTHUR J & CO 13,450 18,058
    GENERAL ELECTRIC COMPANY 16,150 16,477
    GENUINE PARTS CO 11,985 19,278
    ILLINOIS TOOL WORKS INC 13,835 14,013
    INTEL CORP 14,787 17,460
    INTERNATIONAL BUSINESS MACHINES 83,875 978,242
    J.C. PENNEY, INC 506 10,545
    JOHNSON & JOHNSON 15,139 15,083
    JP MORGAN CHASE & CO 13,875 14,298
    KIMBERLY CLARK CORP 13,587 16,919
    LEGGETT & PLATT 15,337 16,819
    LOCKHEED MARTIN CORP 17,591 17,798
    MATTEL INC 8,985 18,877
    MCDONALDS CORP 11,660 20,066
    MCGRAW HILL INC 14,184 22,125
    MEADWESTVACO CORP 13,506 19,018
    MERCK & CO INC 14,401 14,703
    MICROSOFT CORP 13,764 14,018
    MORGAN STANLEY    
    NEXTERA ENERGY INC 11,730 14,611
    NORFOLK SOUTHERN CORP 13,271 20,037
    NUCOR CORP 14,426 14,047
    NYSE EURONEXT 17,086 13,050
    OCCIDENTAL PETE CORP 15,701 17,803
    PAYCHEX INC 15,955 15,958
    PFIZER INC 41,417 51,157
    PHILIP MORRIS INTERNAIONAL 9,961 21,190
    PNC BANK CORP 12,749 12,687
    PRAXAIR INC 13,739 16,035
    PROGRESS ENERGY INC    
    PRUDENTIAL FINANCIAL INC 13,787 12,029
    SOUTHERN CO 101,393 138,870
    SPECTRA ENERGY CORP 17,823 21,218
    TORCHMARK CORPORATION 34,004 260,991
    TRAVELERS COMPANIES INC 14,712 17,751
    US BANCORP DEL 13,456 15,148
    VERIZON COMMUNICATIONS 14,755 18,255
    VF 15,549 25,398
    WADDELL & REED FINL INC CL A 5,315 44,957
    WASTE MANAGEMENT 11,722 13,247

    TY 2011 InvestmentsOtherSchedule2
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
    C/O REGIONS BANK
    EIN: 63-6050756
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AFLAC INC 8.5% 5/15/2019 AT COST 13,512 13,481
    AMERICAN EXPRESS 2/75% 09/15/2015 AT COST 13,259 13,069
    ANHEUSER - BUSCH 2.875% 2/15/2016 AT COST 13,065 13,717
    AT&T 5.6% 5/15/2018 AT COST 10,818 13,943
    BARCLAYS BANK 3.9% 4/7/15 AT COST 13,015 13,056
    BB&T CORPORATION 3.85% 7/27/12 AT COST    
    CA INC 5.375% 11/13/09 AT COST 13,271 14,180
    CATERPILLAR INC 7.9% 12/15/2018 AT COST 11,153 14,644
    CITIGROUP INC 6% 12/13/13 AT COST 13,800 13,452
    CITIGROUP INC FDIC 2.25% 12/10/2012 AT COST 40,519 40,743
    COMCAST CORP 5.7% 7/1/19 AT COST 12,112 13,921
    CONOCO PHILLIPS 6.5% 2/1/39 AT COST    
    CREDIT SUISSE NEW YORK 5.5% 5/1/14 AT COST 26,054 25,986
    CSX CORP 6.25% 4/1/15 AT COST 13,033 13,711
    CVS CAREMARK CORP 6.125% 9.15/39 AT COST 12,195 14,603
    DIRECTV HOLDGS/FING 3.55% 3/15/15 AT COST 13,371 13,531
    DUKE ENERGY 2.15% 11/15/2016 AT COST 13,010 13,037
    FHLM 5% 2/1/22 AT COST    
    FHLM 5% 6/1/22 AT COST    
    FNMA 3.5% 9/1/2025 AT COST 23,305 23,511
    FNMA 4% 3/1/2026 AT COST 24,349 24,479
    FNMA 4.5% 6/1/2041 AT COST 14,158 14,249
    FNMA 5% 12/1/2019 AT COST 20,263 21,869
    FNMA 5% 3/15/2016 AT COST 24,629 27,967
    FNMA 5% 4/1/23 AT COST 5,647 5,692
    FNMA 5% 6/1/2035 AT COST 25,018 25,084
    FNMA 5.5% 1/1/2022 AT COST 8,658 9,292
    FNMA 5.5% 11/1/35 AT COST 2,968 3,054
    FNMA 5.5% 2/1/2035 AT COST 39,568 43,200
    FNMA 5.5% 2/1/23 AT COST 8,252 8,304
    FNMA 5.5% 9/1/34 AT COST 23,102 23,391
    FNMA 6% 3/1/2037 AT COST 74,826 81,786
    FNMA 6% 4/1/37 AT COST 16,933 17,226
    GENERAL ELECTRIC 5.3% 2/11/2021 AT COST 13,107 13,896
    GENERAL ELECTRIC 5.875% 1/14/2038 AT COST 14,467 14,834
    GENERAL ELECTRIC CO 5% 2/1/2013 AT COST    
    GOLDMAN SACHS GROUP INC 6% 5/1/14 AT COST 14,251 14,581
    GOLDMAN SACHS GROUP INC 7.5% 2/15/19 AT COST 13,048 13,253
    HESS CORPORATION 8.125% 2/15/19 AT COST 12,776 14,120
    HEWLETT-PACKARD 2.2% 12/1/15 AT COST 11,989 11,718
    INTEL CORP 3.3% 10/1/2021 AT COST 12,952 13,695
    JOHN DEERE CAPITAL CORP INSD 2.875% AT COST 40,271 40,519
    JP MORGAN CHASE & CO 6.3% 4/23/19 AT COST 11,907 13,592
    KRAFT FOODS 4.125% 2/9/16 AT COST 13,043 14,114
    MERRILL LYNCH & CO 6.11% 1/29/37 AT COST 13,117 10,793
    MERRILL LYNCH & CO 6.875% 4/25/18 AT COST 13,051 12,817
    MORGAN STANLEY 4.2% 11/20/2014 AT COST 13,511 12,538
    MORGAN STANLEY SERIES 5.625% 9/23/19 AT COST 13,001 12,039
    ONTARIO 1.375% 1/27/2014 AT COST 28,007 28,293
    ORACLE CORP 5.75% 4/15/18 AT COST 12,527 15,775
    PETROBRAS INTL 5.75% 1/20/20 AT COST 25,814 26,753
    PFIZER INC 6.2% 3/15/19 AT COST 13,258 14,807
    PRUDENTIAL FINANCIAL AT COST 13,907 14,078
    SUNTRUST BANK ATL 6.375% 4/1/2011 AT COST 13,006 13,067
    TALISMAN ENERGY INC 7.75% 6/1/19 AT COST 12,564 13,564
    TARGET CORP 5.375% 5/1/17 AT COST 9,967 14,103
    TELEFONICA EMISIONES 5.462% 2/16/11 AT COST 13,192 12,406
    TEVA PHARMA FIN 1.7% 11/10/2011 AT COST 13,005 13,100
    TIME WARNER CABLE 6.75% 7/1/18 AT COST 13,014 14,253
    TN VALLEY AUTH 6.79% 5/23/2012 AT COST 39,716 40,006
    TOYOTA MOTOR CR CORP 3.4% 9/15/2021 AT COST 12,967 13,398
    TRAVELERS COMPANIES, INC 6.25% AT COST    
    US TREASURY .75% 11/30/11 AT COST    
    US TREASURY .75% 6/1/2012 AT COST 95,308 95,275
    US TREASURY .75% 8/15/13 AT COST 27,930 28,233
    US TREASURY 1.375% 7/15/18 AT COST    
    US TREASURY 2.625% 11/15/20 AT COST    
    US TREASURY 2.625% 11/15/2020 AT COST 37,682 41,985
    US TREASURY 5.375% 2/15/31 AT COST    
    US TREASURY 6.25% 8/15/23 AT COST 35,651 42,938
    US TREASURY INFLATION .625% 7/15/20 AT COST 40,158 40,841
    VERIZON COMMUNICATIONS 5.55% 2/15/16 AT COST    
    VERIZON COMMUNICATIONS 6% 4/1/2041 AT COST 12,947 16,118
    WACHOVIA CORP 5.75% 6/15/2017 AT COST 10,990 13,558

    TY 2011 OtherAssetsSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
    C/O REGIONS BANK
    EIN: 63-6050756
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST 277 2 2
    INCOME RECEIVABLE 36 40 40


    TY 2011 OtherIncreasesSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
    C/O REGIONS BANK
    EIN: 63-6050756
    Description Amount
    DIFFERENCE IN FMV AND BASIS IN SECURITIES 114,981


    TY 2011 TaxesSchedule
    Name:
    CAROL W & MYRON J ROTHSCHILD FUND
    C/O REGIONS BANK
    EIN: 63-6050756
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 2,646