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
BERNARD MCDONOUGH FOUNDATION INC
 

Number and street (or P.O. box number if mail is not delivered to street address)311 FOURTH STREET   Room/suite
City or town, state, and ZIP code
PARKERBURG, WV26101
A Employer identification number

55-6023693
B Telephone number (see page 10 of the instructions)

(304) 424-6280
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$32,417,921J 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 120 120  
4 Dividends and interest from securities...... 806,606 804,506  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 233,389
b Gross sales price for all assets on line 6a 18,898,869
7 Capital gain net income (from Part IV, line 2)... 400,919
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........ 1,040,115 1,205,545  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 152,280 7,614   144,666
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 83,950 4,197   79,753
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 6,125 3,369   2,756
c Other professional fees (attach schedule).... Click to see attachment 92,201 53,710   38,491
17 Interest............... 9,136 9,136    
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 25,847 14,199   551
19 Depreciation (attach schedule) and depletion... Click to see attachment 9,266    
20 Occupancy.............. 20,196 1,010   19,186
21 Travel, conferences, and meetings....... 16,786 839   15,947
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 36,340 1,817   34,523
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 452,127 95,891   335,873
25 Contributions, gifts, grants paid........ 1,266,489 1,266,489
26 Total expenses and disbursements. Add lines 24 and 25 1,718,616 95,891   1,602,362
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -678,501
b Net investment income (if negative, enter -0-) 1,109,654
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...............      
2 Savings and temporary cash investments.......... 1,386,201 1,210,083 1,210,083
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........... 16,741 40,644 40,644
10a Investments—U.S. and state government obligations (attach schedule) 6,565,922 Click to see attachment2,070,846 2,178,437
b Investments—corporate stock (attach schedule)........ 21,257,823 Click to see attachment24,003,409 24,350,542
c Investments—corporate bonds (attach schedule)........ 3,214,171 Click to see attachment4,446,982 4,638,215
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet70,960
Less: accumulated depreciation (attach schedule) bullet35,161 45,065 Click to see attachment35,799  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 32,485,923 31,807,763 32,417,921
Liabilities 17 Accounts payable and accrued expenses.......... 408 748
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).......... 408 748
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 32,485,515 31,807,015
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 32,485,515 31,807,015
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 32,485,923 31,807,763
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 32,485,515
2 Enter amount from Part I, line 27a..................... 2 -678,501
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 1
4 Add lines 1, 2, and 3.......................... 4 31,807,015
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 31,807,015
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 MELLON - VARIOUS S/T P 2011-01-01 2011-12-31
b MELLON - VARIOUS L/T P 2010-01-01 2011-12-31
c PEOPLES - VARIOUS S/T P 2011-01-01 2011-12-31
d PEOPLES - VARIOUS L/T P 2010-01-01 2011-12-31
e UNITED - VARIOUS S/T P 2011-01-01 2011-12-31
UNITED - VARIOUS L/T P 2010-01-01 2011-12-31
FROM PASS-THROUGH ENTITY P 2011-01-01 2011-12-31
FROM PASS-THROUGH ENTITY P 2010-01-01 2011-12-31
(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 8,585,095   8,783,057 -197,962
b 6,968,280   6,681,204 287,076
c 1,399,379   1,435,962 -36,583
d 635,113   514,748 120,365
e 419,049   411,590 7,459
720,537   671,389 49,148
172     172
30,273     30,273
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       -197,962
b       287,076
c       -36,583
d       120,365
e       7,459
      49,148
      172
      30,273
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 2 400,919
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 -226,914
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 1,346,923 33,621,220 0.040062
2009 1,487,166 30,841,700 0.048219
2008 1,729,805 34,895,999 0.049570
2007 2,041,979 40,178,328 0.050823
2006 1,886,036 38,451,006 0.049050
2 Total of line 1, column (d) ...................... 2 0.237724
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 0.047545
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 33,214,425
5 Multiply line 4 by line 3....................... 5 1,579,180
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 11,097
7 Add lines 5 and 6......................... 7 1,590,277
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,602,362
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 11,097
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 11,097
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 11,097
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 51,741
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 51,741
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 40,644
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet40,644 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)bulletWV
    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 addressbulletWWW.MCDONOUGHFOUNDATION.ORG
    14
    The books are in care ofbulletROBERT W STEPHENS Telephone no.bullet (304) 424-6280
    Located atbullet311 FOURTH STREETPARKERSBURGWV ZIP+4bullet26101
    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
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    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
    ROBERT W STEPHENSClick to see attachment PRESIDENT
    40.00     		96,000 38,754 0
    4708 9TH AVENUE
    VIENNA,WV26105
    KATRINA VALENTINEClick to see attachment SECRETARY
    40.00     		56,280 28,503 0
    RT 3 BOX 88-B
    ELIZABETH,WV26143
    MARY RICCOBENEClick to see attachment VICE PRES.
    2.00     		0 0 0
    378 RIDGE ROAD
    PARKERSBURG,WV26105
    FC MCCUSKERClick to see attachment TREASURER
    2.00     		0 0 0
    RT 2 BOX 294
    WASHINGTON,WV26181
    ROBERT S BOONEClick to see attachment DIRECTOR
    2.00     		0 0 0
    1107 GARFIELD AVENUE
    PARKERSBURG,WV26102
    DALE A KNIGHTClick to see attachment DIRECTOR
    2.00     		0 0 0
    21050 NORTH PRIMA ROAD
    SCOTTSDALE,AZ85255
    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
    32,422,086
    b
    Average of monthly cash balances.......................
    1b
    1,298,142
    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
    33,720,228
    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
    33,720,228
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    505,803
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    33,214,425
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,660,721
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,660,721
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    11,097
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,097
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,649,624
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,649,624
    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
    1,649,624
    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
    1,602,362
    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
    1,602,362
    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
    11,097
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,591,265
    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 1,649,624
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 86,165
    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$ 1,602,362
    a Applied to 2010, but not more than line 2a 86,165
    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..... 1,516,197
    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 ..........     		133,427
    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).)
    NONE
    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.
    NONE
    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:
    ROBERT W STEPHENS JR
    311 FOURTH STREET
    PARKERSBURG,WV26101
    (304) 424-6280
    bThe form in which applications should be submitted and information and materials they should include:
    REQUESTS SHOULD BE MADE IN LETTER FORM. INFORMATION SUBMITTED WITH THE REQUEST SHOULD INCLUDE FINANCIAL DATA AND DETAILED INFORMATION STATING NEED AND USE FOR REQUESTED FUNDING.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NO GRANTS AWARDED TO INDIVIDUALS OR FOR RELIGIOUS CAUSES.
    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
    ABLE FAMILIES INC
    PO BOX 1249
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 15,000
    ACTOR'S GUILD
    PO BOX 1881
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 823
    AHEAD ENERGY
    215 5TH STREET
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 1,000
    ALTRUSA
    774 SHORT STREET
    BELPRE,OH45714     		  501(C)3 GENERAL FUNDING 1,000
    AMERICAN RED CROSS
    220 8TH STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 1,000
    ARC OF OHIO COUNTY
    439 WARWOOD AVENUE
    WHEELING,WV26003     		  501(C)3 GENERAL FUNDING 3,000
    AREA ROUNDTABLE
    PO BOX 1683
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 5,000
    ARTSBRIDGE
    PO BOX 1706
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 25,000
    AVISTAN WOMAN WALK
    1518 N BUCHANAN ST
    ARLINGTON,VA22205     		  501(C)3 GENERAL FUNDING 500
    BAXTER INSTITUTE
    8332 MESA DRIVE
    AUSTIN,TX78759     		  501(C)3 GENERAL FUNDING 1,000
    BELPRE HISTORICAL SOCIETY
    PO BOX 731
    BELPRE,OH45714     		  501(C)3 GENERAL FUNDING 1,000
    BIG BROTHERSBIG SISTERS
    1021 QUARRIER STREET
    CHARLESTON,WV25301     		  501(C)3 GENERAL FUNDING 5,000
    BIG CREEK PEOPLE IN ACTION
    HC 31 BOX 541
    WAR,WV24892     		  501(C)3 GENERAL FUNDING 20,000
    BOY SCOUTS OF AMERICA
    1340 JULIANA ST
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 1,000
    BOYS GIRLS CLUB OF PARKERSBURG
    1200 MARY STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 41,608
    BOYS GIRLS CLUB OF PLEASANTS COUN
    605 CHERRY STREET
    ST MARYS,WV26170     		  501(C)3 GENERAL FUNDING 15,000
    BOYS GIRLS CLUB OF WASHINGTON CO
    123 GREEN STREET
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 8,000
    BUDGET MEALS
    67 CLAIREDAN DRIVE
    POWELL,OH43065     		  501(C)3 GENERAL FUNDING 10,000
    CABELL WAYNE ASSOC FOR THE BLIND
    38 WASHINGTON AVENUE
    HUNTINGTON,WV25701     		  501(C)3 GENERAL FUNDING 7,500
    CAMDEN CLARK FOUNDATION
    800 GARFIELD AVENUE
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 2,175
    CAMP BARBE ASSOC
    PO BOX 700
    ELIZABETH,WV26143     		  501(C)3 GENERAL FUNDING 5,000
    CHAMBER OF COMMERCE
    214 EAST 8TH STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 500
    CHARLESTON AREA MEDICAL CENTER
    3412 STAUNTON AVENUE
    CHARLESTON,WV25304     		  501(C)3 GENERAL FUNDING 25,000
    CHESTNUT MOUNTAIN RANCH
    244 PONDEROSA PONDS ROAD
    MORGANTOWN,WV26508     		  501(C)3 GENERAL FUNDING 5,000
    CHILDREN'S HOME OF WHEELING
    1 ORCHARD ROAD
    WHEELING,WV26003     		  501(C)3 GENERAL FUNDING 6,000
    CHILDREN'S HOME SOCIETY
    1442 KANAWHA BLVD EAST
    CHARLESTON,WV25330     		  501(C)3 GENERAL FUNDING 15,000
    CHRISTIAN HELP
    PO BOX 1249
    KERMIT,WV25674     		  501(C)3 GENERAL FUNDING 15,000
    COMMUNITY RESOURCES
    601 AVERY STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 10,000
    CRITTENTON SERVICES
    2606 NATIONAL ROAD
    WHEELING,WV26003     		  501(C)3 GENERAL FUNDING 10,000
    CROSSROADS RECOVERY CENTER
    PO BOX 1385
    GILBERT,WV25621     		  501(C)3 GENERAL FUNDING 10,000
    DOLLAR ENERGY FUND
    PO BOX 3979
    CHARLESTON,WV25339     		  501(C)3 GENERAL FUNDING 25,000
    ECONOMIC ROUNDTABLE
    PO BOX 738
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 1,000
    ENERGY EXPRESS
    PO BOX 6031
    MORGANTOWN,WV26506     		  501(C)3 GENERAL FUNDING 30,000
    FAITHLINK
    421 MARKET STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 5,000
    FOLSOM FIRE DEPT
    RR 1 BOX 72
    FOLSOM,WV26348     		  501(C)3 GENERAL FUNDING 1,000
    FOSTER GRANDPARENTS PROGRAM
    PO BOX 247
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 1,000
    FRIENDS OF MOUNTWOOD
    1014 VOLCANO ROAD
    WAVERLY,WV26184     		  501(C)3 GENERAL FUNDING 1,000
    GANNON UNIVERSITY
    109 UNIVERSITY SQUARE
    ERIE,PA16541     		  501(C)3 GENERAL FUNDING 500
    GOOD SAMARITAN CLINIC
    418 GRAND PARK DRIVE
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 3,500
    GOSHEN PROJECT
    PO BOX 1921
    LOGAN,WV25602     		  501(C)3 GENERAL FUNDING 12,000
    HABITAT FOR HUMANITY OF MARION CO
    PO BOX 721
    FAIRMONT,WV26555     		  501(C)3 GENERAL FUNDING 10,000
    HABITAT FOR HUMANITY OF WASHINGTON
    PO BOX 4092
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 10,000
    HABITAT FOR HUMANITY OF WOOD CO
    PO BOX 462
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 15,000
    HARDING UNIVERSITY
    100 SHERRY ROAD
    MEMPHIS,TN38117     		  501(C)3 GENERAL FUNDING 125
    HARMAR COMMUNITY CENTER
    307 LANCASTER STREET
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 50,000
    HEARTS AND HANDS
    29 GRANADA CIRCLE
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 8,000
    HENDERSON HALL
    119 3RD STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 25,000
    HIGH ROCKS FOR GIRLS
    HC 64 BOX 438
    HILLSBORO,WV24946     		  501(C)3 GENERAL FUNDING 15,000
    HUMANE SOCIETY OF PARKERSBURG
    PO BOX 392
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 35,000
    HUMANE SOCIETY OF RITCHIE CO
    PO BOX 194
    HARRISVILLE,WV26362     		  501(C)3 GENERAL FUNDING 10,000
    HURRICANE ELEMENTARY SCHOOL
    300 HARBOUR LANE
    HURRICANE,WV25526     		  501(C)3 GENERAL FUNDING 995
    HURRICANE MIDDLE SCHOOL
    518 MIDLAND TRAIL
    HURRICANE,WV25526     		  501(C)3 GENERAL FUNDING 995
    LEARNING DAY CAMP
    RT 3 BOX 162A
    PRINCETON,WV24740     		  501(C)3 GENERAL FUNDING 1,000
    LOGAN CO CHILD ADVOCACY CENTER
    PO BOX 308
    LOGAN,WV25601     		  501(C)3 GENERAL FUNDING 5,000
    MARIETTA MEMORIAL HOSPITAL
    PO BOX 97
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 37,500
    MARION CO 4-H
    12 FRANKLIN STREET
    FAIRMONT,WV26554     		  501(C)3 GENERAL FUNDING 12,825
    MCDOWELL CO MUSEUM COMMITTEE
    PO BOX 292
    KIMBALL,WV24843     		  501(C)3 GENERAL FUNDING 5,000
    MENTAL HEALTH AMERICA OF MONONGALIA
    364 HIGH STREET
    MORGANTOWN,WV26505     		  501(C)3 GENERAL FUNDING 5,000
    MID-OHIO VALLEY FELLOWSHIP HOME
    1030 GEORGE STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 10,000
    MID-OHIO VALLEY HEALTH DEPT
    211 SIXTH STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 10,000
    MID-OHIO VALLEY MULTI-CULTURAL FEST
    PO BOX 2050
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 2,500
    MID-OHIO VALLEY WORK CAMP
    PO BOX 5126
    VIENNA,WV26105     		  501(C)3 GENERAL FUNDING 5,000
    MONONGALIA GENERAL HOSPITAL
    1200 JD ANDERSON DRIVE
    MORGANTOWN,WV26505     		  501(C)3 GENERAL FUNDING 6,525
    MOON OVER MOUNTWOOD
    1014 VOLCANO ROAD
    WAVERLY,WV26184     		  501(C)3 GENERAL FUNDING 770
    MOUNTAINEER FOOD BANK
    484 ENTERPRISE ROAD
    GASSAWAY,WV26624     		  501(C)3 GENERAL FUNDING 20,000
    OHIO HISTORICAL SOCIETY
    1982 VELMA AVENUE
    COLUMBUS,OH43211     		  501(C)3 GENERAL FUNDING 15,000
    OHIO RIVER STERNWHEEL FESTIVAL
    PO BOX 2109
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 200
    OHIO VALLEY MEDICAL CENTER
    200 EOFF STREET
    WHEELING,WV26003     		  501(C)3 GENERAL FUNDING 25,000
    OHIO VALLEY UNIVERSITY
    1 CAMPUS DRIVE
    VIENNA,WV26105     		  501(C)3 GENERAL FUNDING 600
    OIL GAS MUSEUM
    PO BOX 1685
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 950
    OPPORTUNITY COUNCIL OF DODDRIDGE CO
    103 SISTERSVILLE PIKE
    WEST UNION,WV26456     		  501(C)3 GENERAL FUNDING 10,000
    PARKERSBURG ART CENTER
    725 MARKET STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 50,000
    PARKERSBURG COMMUNITY FOUNDATION
    1620 PARK AVE
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 6,585
    PARKERSBURG HOMECOMING FESTIVAL
    PO BOX 416
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 4,500
    PARKERSBURG CITY OF - VIETNAM TRA
    PO BOX 1628
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 1,000
    PARKERSBURG CITY OF - AMERICAN WIN
    PO BOX 1627
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 7,500
    PASSIONIST VOLUNTEERS
    PO BOX 295
    PINEVILLE,WV24874     		  501(C)3 GENERAL FUNDING 10,000
    PEER SUPPORT INC
    1517 19TH STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 5,500
    RAITS TO TRAILS
    PO BOX 206
    CAIRO,WV26337     		  501(C)3 GENERAL FUNDING 1,000
    REA OF HOPE
    1429 LEE ST EAST
    CHARLESTON,WV25301     		  501(C)3 GENERAL FUNDING 10,000
    RESA FIVE
    2507 NINTH AVENUE
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 800
    ROARK-SULLIVAN LIFEWAY CENTER INC
    PO BOX 1707
    CHARLESTON,WV25326     		  501(C)3 GENERAL FUNDING 50,000
    ROTARY CLUB
    PO BOX 11
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 500
    SW RESOURCES - GOLF CLASSIC
    1007 MARY STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 650
    SALVATION ARMY
    534 FIFTH STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 25,000
    SCOTTIE'S PLACE
    PO BOX 905
    PETERSTOWN,WV24963     		  501(C)3 GENERAL FUNDING 8,900
    SOUR MASH MEMORIAL
    PO BOX 5205
    VIENNA,WV26105     		  501(C)3 GENERAL FUNDING 800
    ST JOSEPH HOSPITAL
    1 AMALIA DRIVE
    BUCKHANNON,WV26201     		  501(C)3 GENERAL FUNDING 25,000
    THEATRE WEST VIRGINIA
    PO BOX 1205
    BECKLEY,WV25802     		  501(C)3 GENERAL FUNDING 8,000
    UNITED WAY ALLIANCE OF THE MOV
    520 GRAND CENTRAL AVE
    VIENNA,WV26105     		  501(C)3 GENERAL FUNDING 96,000
    UPPER BIG BRANCH MINING MEMORIAL GR
    25886 COAL RIVER ROAD
    ORGAS,WV25148     		  501(C)3 GENERAL FUNDING 1,000
    VETERANS MUSEUM
    1829 7TH STREET
    PARKERSBURG,WV26101     		  501(C)4 GENERAL FUNDING 1,139
    VIENNA VOLUNTEER FIRE DEPT
    609 28TH ST
    VIENNA,WV26105     		  501(C)3 GENERAL FUNDING 1,000
    VOICES OF THE STREET
    PO BOX 1175
    PARKERSBURG,WV26102     		  501(C)4 GENERAL FUNDING 5,000
    VOLUNTEER ACTION CENTER
    521 MARKET ST 6
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 20,000
    WASHINGTON CO CAREER CENTER
    21740 ST RT 676
    MARIETTA,OH45750     		  501(C)3 GENERAL FUNDING 10,000
    WCHS AFTER PROM PARTY
    PO BOX 219
    ELIZABETH,WV26143     		  501(C)3 GENERAL FUNDING 250
    WEBSTER CO ECONOMIC DEVELOPMENT
    139 BAKER STREET
    WEBSTER SPRINGS,WV26288     		  501(C)3 GENERAL FUNDING 5,000
    WESTBROOK HEALTH SERVICES
    2121 SEVENTH STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 5,000
    WOOD CO 4-H
    1 COURTHOUSE SQUARE RM
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 5,000
    WOOD CO PROJECT LIFESAVER
    328 SECOND STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 10,000
    WOOD COUNTY RECREATION COMMISSION
    PO BOX 1306
    PARKERSBURG,WV26102     		  501(C)3 GENERAL FUNDING 5,000
    WOOD CO SCHOOLS
    1210 THIRTEENTH STREET
    PARKERSBURG,WV26103     		  501(C)4 GENERAL FUNDING 1,500
    WOOD COUNTY SENIOR CITIZENS
    PO BOX 1229
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 61,774
    WV CAN
    1701 5TH AVENUE
    CHARLESTON,WV25387     		  501(C)3 GENERAL FUNDING 3,950
    WV GRANDMAKERS
    PO BOX 985
    WESTON,WV26452     		  501(C)3 GENERAL FUNDING 1,000
    WV INDEPENDENT COLLEGES UNIVERSIT
    900 LEE ST SUITE 910
    CHARLESTON,WV25301     		  501(C)3 GENERAL FUNDING 40,000
    WV ORAL HEALTH
    723 KANAWHA BLVD SUITE
    CHARLESTON,WV25301     		  501(C)3 GENERAL FUNDING 1,000
    WV SYMPHONY-PARKERSBURG
    4 NORTH HILLS DR
    PARKERSBURG,WV26104     		  501(C)3 GENERAL FUNDING 9,000
    WVU EYE INSTITUTE
    PO BOX 9193
    MORGANTOWN,WV26101     		  501(C)3 GENERAL FUNDING 40,000
    WVU ROSEBAUM HOUSE
    PO BOX 1650
    MORGANTOWN,WV26507     		  501(C)3 GENERAL FUNDING 11,050
    WVU-P
    300 CAMPUS DRIVE
    PARKERSBURG,WV26104     		  501(C)3 GENERAL FUNDING 1,000
    YMCA
    1800 30TH STREET
    PARKERSBURG,WV26101     		  501(C)3 GENERAL FUNDING 16,000
    YMCA - OHIOWEST VIRGINIA HI-Y
    PO BOX 239
    POINT PLEASANT,WV25550     		  501(C)3 GENERAL FUNDING 1,000
    Total .................................bullet 3a 1,266,489
    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     14 120  
    4 Dividends and interest from securities....     14 806,606  
    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     18 233,389  
    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)..   1,040,115  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,040,115
    (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:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES PAID 1,625 894   731
    AUDITING FEES PAID 4,500 2,475   2,025

    TY 2011 CompensationExplanation
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Person Name Explanation
    ROBERT W STEPHENS  
    KATRINA VALENTINE  
    MARY RICCOBENE  
    FC MCCUSKER  
    ROBERT S BOONE  
    DALE A KNIGHT  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2011 DepreciationSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    DESK(POS) 2000-07-18 3,550 3,550 S/L 7.0000        
    BOOKCASE & SHELVING(POS) 2000-08-21 737 737 S/L 7.0000        
    FILE CABINETS(POS) 2000-11-02 695 695 S/L 7.0000        
    COMPUTER(CDW COMPUTER CENTER) 2001-05-08 1,622 1,622 S/L 3.0000        
    COMPUTER(DELL MARKETING) 2001-06-28 1,671 1,671 S/L 3.0000        
    XEROX COPIER 2000-02-08 1,903 1,903 S/L 5.0000        
    DESK(POS) 2000-03-14 3,019 3,019 S/L 7.0000        
    GRANT WRITING PACKAGE(MICRO EDGE) 2000-05-23 6,136 6,136 S/L 5.0000        
    CISCO 1602 R MODULAR ROUTER 2002-03-08 1,284 1,284 S/L 5.0000        
    DELL COMPUTER 2002-01-28 1,339 1,339 S/L 5.0000        
    DELL DIMENSION 4550 COMPUTER 2003-01-15 1,588 1,588 S/L 5.0000        
    COPIER (CWS) 2006-08-23 3,797 2,351 S/L 7.0000 542      
    2011 BUICK ENCLAVE 2010-12-17 43,619   S/L 5.0000 8,724      

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    TY 2011 GainLossSaleOtherAssetsSch
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    OTHER LOSSES 2010-01 PURCHASE 2011-12     167,530     -167,530  

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 2,325,548 2,437,622
    BONDS - MORTGAGE BACKED 2,121,434 2,200,593

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON STOCKS AND MUTUAL FUNDS 20,815,410 21,132,899
    VENTURE CAPITAL INVESTMENTS 3,187,999 3,217,643

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    US Government Securities - End of Year Book Value:

    1,515,393
    US Government Securities - End of Year Fair Market Value:

    1,581,357
    State & Local Government Securities - End of Year Book Value:


    555,453
    State & Local Government Securities - End of Year Fair Market Value:


    597,080


    TY 2011 LandEtcSchedule2
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    TOTAL PROPERTY & EQUIPMENT 70,960 35,161 35,799  


    TY 2011 OtherAssetsSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INCOME - MV ONLY      


    TY 2011 OtherExpensesSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    GENERAL OVERHEAD 11,455 573   10,882
    UTILITIES 11,304 565   10,739
    MISCELLANEOUS 13,581 679   12,902


    TY 2011 OtherIncreasesSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Description Amount
    ROUNDING ADJUSTMENT 1


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEES - MELLON BANK 60,086 33,047   27,039
    TRUSTEE FEES - PEOPLES BANK 17,629 9,696   7,933
    TRUSTEE FEES - UNITED BANK 14,486 7,967   6,519
    ADDITIONAL ALLOCATION   3,000   -3,000


    TY 2011 TaxesSchedule
    Name:
    BERNARD MCDONOUGH FOUNDATION INC
    EIN: 55-6023693
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 11,097      
    FOREIGN TAXES PAID 14,170 14,170    
    OTHER TAXES & LICENSES 580 29   551