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 07-01-2011 , and ending 06-30-2012
G
Check all that apply:
Name of foundation
DOROTHY M M KERSTEN TR UA 04-4825
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 1118 ML CN-OH-W10X   Room/suite
City or town, state, and ZIP code
CINCINNATI, OH452011118
A Employer identification number

31-6258173
B Telephone number (see page 10 of the instructions)

(513) 632-4588
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$21,100,762J 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      
4 Dividends and interest from securities...... 586,205 586,044 161
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 405,306
b Gross sales price for all assets on line 6a 3,940,344
7 Capital gain net income (from Part IV, line 2)... 405,306
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 991,511 991,350 161
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 227,503 204,753   22,750
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 1,500 0 0 1,500
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 80,933 10,893   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 202 2   200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 310,138 215,648 0 24,450
25 Contributions, gifts, grants paid........ 1,330,720 1,330,720
26 Total expenses and disbursements. Add lines 24 and 25 1,640,858 215,648 0 1,355,170
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -649,347
b Net investment income (if negative, enter -0-) 775,702
c Adjusted net income (if negative, enter -0-)... 161
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............... 4,789    
2 Savings and temporary cash investments.......... 479,760 736,486 736,486
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 6,716,836 Click to see attachment6,966,887 9,292,860
c Investments—corporate bonds (attach schedule)........ 1,740,233 Click to see attachment1,378,682 1,425,519
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 10,624,710 Click to see attachment9,834,922 9,645,897
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,566,328 18,916,977 21,100,762
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......... 19,566,328 18,916,977
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).................... 19,566,328 18,916,977
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 19,566,328 18,916,977
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 19,566,328
2 Enter amount from Part I, line 27a..................... 2 -649,347
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 18,916,981
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 4
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 18,916,977
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 .677 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
b .591 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
c .234 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
d .234 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
e .072 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
.196 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
.516 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
.083 HOLLYFRONTIER CORP   2011-06-02 2011-07-27
25. APPLE COMPUTER INC COM   2010-03-18 2011-08-25
100. CONOCOPHILLIPS   2009-12-28 2011-08-25
100. P G E CORP   2010-09-16 2011-08-25
100. SPDR GOLD TRUST   2010-06-17 2011-08-25
500. WINDSTREAM CORP   2009-12-28 2011-08-25
100. AMERIPRISE FINL INC   2010-09-16 2011-08-31
1500. HEWLETT PACKARD CO   2005-08-24 2011-09-21
800. INTUIT INC   2004-12-28 2011-09-21
1000. LOWE'S COS INC   2005-05-04 2011-09-21
1000. MEDTRONIC INC   2001-08-06 2011-09-21
1200. STAPLES INC   2005-05-04 2011-09-21
600. UNITED TECHNOLOGIES CORP   2002-06-06 2011-09-21
1000. WAL MART STORES INC   2009-02-02 2011-09-21
18. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
31. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
26. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
21. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
1500. IPATH DOW JONES UBS COMMODITY   2009-01-02 2011-09-22
15. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
18. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
11. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
500. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
500. IPATH DOW JONES UBS COMMODITY   2009-07-06 2011-09-22
22. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
1200. CLIFFS NATURAL RESOURCES INC   2009-04-03 2011-09-22
32. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
32. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
24. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
34. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
21. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
24. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
26. CLIFFS NATURAL RESOURCES INC   2011-06-02 2011-09-22
3749. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
2203. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
2847. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
2546. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
2810. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
2346. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
3751. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
3751.34 CREDIT SUISSE COMM RET ST CO   2011-06-21 2011-09-22
3736. CREDIT SUISSE COMM RET ST CO   2011-06-02 2011-09-22
50. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
46. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
53. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
56. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
48. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
1000. FREEPORT MCMORAN COPPER GOLD   2007-04-02 2011-09-22
73. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
69. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
63. FREEPORT MCMORAN COPPER GOLD   2011-06-02 2011-09-22
1500. AMPHENOL CORP CL A   2010-01-04 2011-09-23
700. APACHE CORP   2002-08-07 2011-09-23
2500. AUTODESK INC   2009-01-02 2011-09-23
700. BECTON DICKINSON AND CO   2009-07-01 2011-09-23
500. CARDINAL HEALTH INC   2009-03-10 2011-09-23
600. ENTERGY CORPORATION   2009-12-07 2011-09-23
2584.57 FIDELITY AD INTL DISCOVERY CL A   2008-04-09 2011-09-23
1100. HESS CORP   2010-01-04 2011-09-23
800. HEWLETT PACKARD CO   2005-08-24 2011-09-23
950. INTEL CORP   1995-08-22 2011-09-23
1400. INTUIT INC   2004-08-30 2011-09-23
1400. LOWE'S COS INC   2003-07-31 2011-09-23
500. MEDTRONIC INC   2009-03-10 2011-09-23
1300. NEWMONT MINING CORP   2008-01-02 2011-09-23
24497.15 NUVEEN INTERNATIONAL FUND CL I   2004-02-23 2011-09-23
500. OCCIDENTAL PETE CORP COM   2008-10-01 2011-09-23
500. SPDR GOLD TRUST   2009-04-03 2011-09-23
1057.62 LAUDUS INTL MARKETMASTERS FUND SEL   2006-02-17 2011-09-23
750. STAPLES INC   2004-03-05 2011-09-23
700. ZIMMER HLDGS INC   2003-07-31 2011-09-23
25000. WACHOVIA CORP 5.300% 10/15/11   2009-07-08 2011-10-15
25000. WACHOVIA CORP 5.300% 10/15/11   2009-07-08 2011-10-15
1600. MATERIALS SELECT SECTOR S P D R   2010-11-30 2011-11-15
3400. MATERIALS SELECT SECTOR S P D R   2010-04-21 2011-11-15
700. EXELIS INC   2004-01-02 2012-01-06
350. ITT CORP   2004-01-02 2012-01-06
700. XYLEM INC   2004-01-02 2012-01-06
25000. SOUTHERN CO 5.300% 1/15/12   2009-01-26 2012-01-15
100. SPDR GOLD TRUST   2010-06-17 2012-01-19
304.569 NUVEEN REAL ESTATE SECS I   2011-06-02 2012-01-24
304.569 NUVEEN REAL ESTATE SECS I   2011-06-02 2012-01-24
304.569 NUVEEN REAL ESTATE SECS I   2011-06-02 2012-01-24
304.569 NUVEEN REAL ESTATE SECS I   2011-06-02 2012-01-24
2000. C M S ENERGY CORP   2011-09-21 2012-02-03
2000. C M S ENERGY CORP   2011-09-23 2012-02-03
2000. C M S ENERGY CORP   2011-09-23 2012-02-03
1200. EXELON CORPORATION   2003-07-31 2012-02-03
500. PUBLIC SVC ENTERPRISE GROUP INC   2009-12-07 2012-02-03
400. AMGEN INC   2004-06-28 2012-02-08
250. BRISTOL-MYERS SQUIBB CO   2011-09-23 2012-02-08
500. BRISTOL-MYERS SQUIBB CO   2010-11-02 2012-02-08
4621.072 NUVEEN STRATEGIC INCOME I   2008-03-05 2012-02-08
500. PFIZER INC   2010-11-02 2012-02-08
185.242 LAUDUS INTL MARKETMASTERS FUND SEL   2006-02-17 2012-02-08
500. UTILITIES SELECT SECTOR S P D R   2010-07-21 2012-02-08
6609.385 TFS MARKET NEUTRAL FUND   2011-02-04 2012-02-08
1500. WINDSTREAM CORP   2010-01-04 2012-03-06
3216.652 PIMCO TOTAL RETURN FUND INST   2011-06-07 2012-03-14
5564.659 PIMCO TOTAL RETURN FUND INST   2011-06-07 2012-03-14
4715.16 PIMCO TOTAL RETURN FUND INST   2011-06-09 2012-03-14
3817.569 PIMCO TOTAL RETURN FUND INST   2011-06-07 2012-03-14
2200.704 PIMCO TOTAL RETURN FUND INST   2010-07-21 2012-03-14
7554.121 PIMCO TOTAL RETURN FUND INST   2011-06-07 2012-03-14
4716.018 PIMCO TOTAL RETURN FUND INST   2011-06-07 2012-03-14
7546.184 PIMCO TOTAL RETURN FUND INST   2011-06-07 2012-03-14
6499.321 PIMCO TOTAL RETURN FUND INST   2011-06-07 2012-03-14
7109.005 NUVEEN INTERMEDIATE TERM B CL I   2008-02-28 2012-03-19
50000. MAY DEPT STORES CO 8.000% 7/15/12   2000-08-07 2012-03-29
75000. MAY DEPT STORES CO 8.000% 7/15/12   2000-08-07 2012-03-29
25000. MAY DEPT STORES CO 8.000% 7/15/12   2000-08-07 2012-03-29
25000. MAY DEPT STORES CO 8.000% 7/15/12   2000-08-07 2012-03-29
25000. MAY DEPT STORES CO 8.000% 7/15/12   2000-08-07 2012-03-29
. A O L TIME WARNER INC     2012-04-16
200. APACHE CORP   2004-12-28 2012-05-01
600. MC DONALD'S CORP   2011-09-23 2012-05-01
700. PEPSICO INC   1990-08-06 2012-05-01
1000. UTILITIES SELECT SECTOR S P D R   2010-07-21 2012-05-01
200. CONOCOPHILLIPS   2009-07-01 2012-05-02
500. TRANSOCEAN LTD   2009-10-01 2012-05-02
.5 PHILLIPS 66   2010-02-10 2012-05-10
.5 PHILLIPS 66   2010-02-09 2012-05-10
.5 PHILLIPS 66   2010-02-09 2012-05-10
25. APPLE COMPUTER INC COM   2010-03-18 2012-05-30
125. PHILLIPS 66   2009-12-28 2012-05-30
117.784 CREDIT SUISSE COMM RET ST CO   2011-06-02 2012-06-22
96. HOLLYFRONTIER CORP   2011-06-02 2012-06-22
55. NATIONAL OILWELL INC COM   2011-06-02 2012-06-22
32. OCCIDENTAL PETE CORP COM   2011-06-02 2012-06-22
70. PEPSICO INC   1990-08-06 2012-06-22
14. PHILLIPS 66   2010-02-09 2012-06-22
1044.205 SCOUT INTERNATIONAL FUND   2011-06-07 2012-06-22
500. UTILITIES SELECT SECTOR S P D R   2010-07-21 2012-06-22
50000. ATT INC 4.950% 1/15/13   2009-07-07 2012-06-29
25000. ATT INC 4.950% 1/15/13   2009-07-07 2012-06-29
CAPITAL GAIN DIVIDENDS P    
(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 49   39 10
b 43   34 9
c 17   14 3
d 17   14 3
e 5   4 1
14   11 3
38   30 8
6   5 1
9,272   5,608 3,664
6,512   5,092 1,420
4,156   4,530 -374
16,941   12,204 4,737
5,980   5,790 190
4,537   4,743 -206
35,969   40,425 -4,456
38,288   17,758 20,530
19,182   26,767 -7,585
33,981   46,455 -12,474
16,142   24,312 -8,170
45,153   20,445 24,708
51,451   46,397 5,054
796   644 152
1,370   1,109 261
1,149   930 219
928   751 177
66,306   78,984 -12,678
663   536 127
796   644 152
486   393 93
22,102   17,880 4,222
22,102   17,880 4,222
1,258   1,938 -680
68,604   25,020 43,584
1,829   2,819 -990
1,829   2,819 -990
1,372   2,114 -742
1,944   2,995 -1,051
1,201   1,843 -642
1,372   2,114 -742
1,486   2,291 -805
32,129   36,140 -4,011
18,880   21,237 -2,357
24,399   27,445 -3,046
21,819   24,543 -2,724
24,082   26,643 -2,561
20,105   22,615 -2,510
32,146   36,160 -4,014
32,149   35,000 -2,851
32,018   36,015 -3,997
1,591   2,485 -894
1,464   2,302 -838
1,687   2,634 -947
1,782   2,783 -1,001
1,528   2,385 -857
31,829   33,050 -1,221
2,324   3,627 -1,303
2,196   3,429 -1,233
2,005   3,130 -1,125
62,391   69,103 -6,712
58,090   16,400 41,690
68,949   50,125 18,824
51,334   49,558 1,776
20,747   16,076 4,671
38,958   48,646 -9,688
68,775   106,786 -38,011
56,599   69,157 -12,558
17,385   21,560 -4,175
20,635   7,348 13,287
64,919   29,750 35,169
27,470   33,213 -5,743
16,471   19,750 -3,279
80,967   65,468 15,499
250,116   241,472 8,644
35,257   34,092 1,165
81,133   44,054 37,079
16,668   20,000 -3,332
9,804   13,304 -3,500
37,120   33,327 3,793
25,000   26,240 -1,240
25,000   26,240 -1,240
55,823   55,938 -115
118,624   116,782 1,842
6,342   6,090 252
7,077   5,019 2,058
17,654   15,097 2,557
25,000   25,930 -930
16,083   10,687 5,396
6,046   6,064 -18
6,046   6,064 -18
6,046   6,064 -18
6,046   6,064 -18
44,110   40,359 3,751
44,110   39,160 4,950
44,110   39,160 4,950
47,579   34,344 13,235
15,070   15,965 -895
27,236   23,838 3,398
7,997   7,695 302
15,990   13,455 2,535
50,046   46,211 3,835
10,465   8,735 1,730
3,379   3,503 -124
17,402   15,184 2,218
97,555   100,000 -2,445
17,962   16,633 1,329
35,512   35,576 -64
61,434   61,545 -111
52,055   52,055  
42,146   42,222 -76
24,296   25,000 -704
83,398   83,549 -151
52,065   52,159 -94
83,310   83,461 -151
71,753   71,882 -129
74,858   71,588 3,270
51,126   51,113 13
76,689   76,670 19
25,563   25,557 6
25,563   25,557 6
25,563   25,557 6
69     69
19,342   10,032 9,310
58,661   52,629 6,032
46,409   7,845 38,564
35,699   30,430 5,269
11,014   6,586 4,428
25,010   42,376 -17,366
16   11 5
16   11 5
16   11 5
14,225   5,608 8,617
3,819   2,916 903
874   1,135 -261
3,081   2,790 291
3,545   3,973 -428
2,549   3,328 -779
4,818   785 4,033
468   314 154
29,833   35,127 -5,294
18,160   15,233 2,927
51,231   52,462 -1,231
25,615   26,231 -616
      241
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       10
b       9
c       3
d       3
e       1
      3
      8
      1
      3,664
      1,420
      -374
      4,737
      190
      -206
      -4,456
      20,530
      -7,585
      -12,474
      -8,170
      24,708
      5,054
      152
      261
      219
      177
      -12,678
      127
      152
      93
      4,222
      4,222
      -680
      43,584
      -990
      -990
      -742
      -1,051
      -642
      -742
      -805
      -4,011
      -2,357
      -3,046
      -2,724
      -2,561
      -2,510
      -4,014
      -2,851
      -3,997
      -894
      -838
      -947
      -1,001
      -857
      -1,221
      -1,303
      -1,233
      -1,125
      -6,712
      41,690
      18,824
      1,776
      4,671
      -9,688
      -38,011
      -12,558
      -4,175
      13,287
      35,169
      -5,743
      -3,279
      15,499
      8,644
      1,165
      37,079
      -3,332
      -3,500
      3,793
      -1,240
      -1,240
      -115
      1,842
      252
      2,058
      2,557
      -930
      5,396
      -18
      -18
      -18
      -18
      3,751
      4,950
      4,950
      13,235
      -895
      3,398
      302
      2,535
      3,835
      1,730
      -124
      2,218
      -2,445
      1,329
      -64
      -111
       
      -76
      -704
      -151
      -94
      -151
      -129
      3,270
      13
      19
      6
      6
      6
      69
      9,310
      6,032
      38,564
      5,269
      4,428
      -17,366
      5
      5
      5
      8,617
      903
      -261
      291
      -428
      -779
      4,033
      154
      -5,294
      2,927
      -1,231
      -616
       
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 2 405,306
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 884,865 22,031,205 0.040164
2009 1,006,485 20,348,637 0.049462
2008 1,135,328 19,164,654 0.059241
2007      
2006      
2 Total of line 1, column (d) ...................... 2 0.148867
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 0.049622
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 20,967,520
5 Multiply line 4 by line 3....................... 5 1,040,450
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,757
7 Add lines 5 and 6......................... 7 1,048,207
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,355,170
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 7,757
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 7,757
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,757
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 40,640
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,640
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 32,883
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet7,760 Refunded Bullet 11 25,123
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)bulletOH
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK NA Telephone no.bullet (513) 632-4588
    Located atbulletP O BOX 1118 ML CN-OH-W10XCINCINNATIOH ZIP+4bullet452011118
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    US BANK NA TRUSTEE
    10     		227,503    
    PO BOX 1118 ML CN-OH-W10X
    CINCINNATI,OH452011118
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    20,265,737
    b
    Average of monthly cash balances.......................
    1b
    1,021,085
    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
    21,286,822
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    21,286,822
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    319,302
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    20,967,520
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,048,376
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,048,376
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    7,757
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,757
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,040,619
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    4,789
    5
    Add lines 3 and 4............................
    5
    1,045,408
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,045,408
    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
    1,355,170
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,355,170
    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
    7,757
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,347,413
    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 1,045,408
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 0
    b Total for prior years:2009, 20, 20 0
    3 Excess distributions carryover, if any, to 2011:
    a From 2006....... 0
    b From 2007....... 0
    c From 2008....... 11,333
    d From 2009....... 257
    e From 2010....... 0
    fTotal of lines 3a through e......... 11,590
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 1,355,170
    a Applied to 2010, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 1,045,408
    e Remaining amount distributed out of corpus 309,762
    5 Excess distributions carryover applied to 2011. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 321,352
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		0
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		321,352
    10 Analysis of line 9:
    a Excess from 2007.... 0
    b Excess from 2008.... 11,333
    c Excess from 2009.... 257
    d Excess from 2010.... 0
    e Excess from 2011.... 309,762
    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
    SHRINERS HOSPITAL FOR CRIPPLED
    CHILDREN
    PO BOX 31356
    TAMPA,FL336313356     		NONE PUBLIC CHARITABLE 48,520
    CINCINNATI CHILDREN'S HOSIPTAL
    ATTN KENNETH MASSEY PRESIDENT
    3333 BURNET AVE
    CINCINNATI,OH452293026     		NONE PUBLIC CHARITABLE 74,436
    CINCINNATI INSTITUTE OF
    FINE ARTS
    2649 ERIE AVENUE
    CINCINNATI,OH452082019     		NONE PUBLIC CHARITABLE 225,810
    ZOOLOGICAL SOCIETY OF CINCINNATI
    ATTN MARY NEWMAN
    3400 VINE STREET
    CINCINNATI,OH452201333     		NONE PUBLIC CHARITABLE 24,812
    CHURCH OF THE ADVENT
    2366 KEMPER LN
    CINCINNATI,OH452062611     		NONE PUBLIC CHARITABLE 49,394
    GREATER CINCINNATI TELEVISION
    EDUCATIONAL FOUNDATION
    1223 CENTRAL PARKWAY
    CINCINNATI,OH45214     		NONE PUBLIC CHARITABLE 54,055
    LITTLE SISTERS OF THE POOR
    ATTN SR ANNE DOYLE ISP
    476 RIDDLE ROAD
    CINCINNATI,OH452202493     		NONE PUBLIC CHARITABLE 24,812
    AMERICAN HEART ASSOCIATION
    5455 NORTH HIGH STREET
    COLUMBUS,OH43214     		NONE PUBLIC CHARITABLE 80,948
    HISTORIC SOUTHWEST OHIO
    ATTN JANE MCCONE EXEC DIRECTOR
    PO BOX 62475
    CINCINNATI,OH452620475     		NONE PUBLIC CHARITABLE 14,887
    PUBLIC LIBRARY OF CINCINNATI
    AND HAMILTON COUNTY
    800 VINE STREET
    CINCINNATI,OH452022009     		NONE PUBLIC CHARITABLE 24,812
    UNITED WAY
    2400 READING ROAD
    CINCINNATI,OH45202     		NONE PUBLIC CHARITABLE 47,386
    SALVATION ARMY
    114 EAST CENTRAL PARK WAX
    CINCINNATI,OH45202     		NONE PUBLIC CHARITABLE 80,277
    AMERICAN CANCER SOCIETY
    PO BOX 720366
    OKLAHOMA CITY,OK73162     		NONE PUBLIC CHARITABLE 81,860
    SHAKERTOWN AT PLEASANT HILL
    ATTN MADGE D ADAMS PRESIDENT
    3501 LEXINGTON RD
    HARRODSBURG,KY403309218     		NONE PUBLIC CHARITABLE 24,812
    CINCINNATI ART MUSEUM
    953 EDEN PARK DR
    CINCINNATI,OH452021557     		NONE PUBLIC CHARITABLE 203,877
    CINCINNATI PRESERVATION ASSOCIATION
    342 WEST FOURTH ST
    CINCINNATI,OH452022603     		NONE PUBLIC CHARITABLE 16,632
    NAT'L TR FOR HISTORIC PRESERVATION
    1785 MASSACHUSETTS AVENUE NW
    WASHINGTON,DC200362117     		NONE PUBLIC CHARITABLE 63,812
    CINCINNATI MUSEUM CENTER
    ATTN A LARRY SISK CFO
    1301 WESTERN AVE
    CINCINNATI,OH452031138     		NONE PUBLIC CHARITABLE 189,578
    Total .................................bullet 3a 1,330,720
    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          
    4 Dividends and interest from securities....     14 586,205  
    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     18 405,306  
    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)..   991,511  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13991,511
    (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:
    DOROTHY M M KERSTEN TR UA 04-4825
    EIN: 31-6258173
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 1,500     1,500

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    DOROTHY M M KERSTEN TR UA 04-4825
    EIN: 31-6258173
    Name of Bond End of Year Book Value End of Year Fair Market Value
    MAY DEPT STORES 8.00 7/15/12    
    WEYERHAEUSER CO 7.5 3/1/13 199,835 207,368
    GENERAL ELEC 5.50 6/4/14 103,239 107,782
    HONEYWELL 5.30 3/15/17 100,067 117,404
    SOUTHERN 5.3 1/15/12    
    IBM CORP 4.75 11/29/12 26,434 25,462
    SBC COMM 5.1 9/15/14 25,588 27,296
    WACHOVIA CORP 5.3 10/15/2011    
    HELWETT PACKARD CO 2.950 8/15 76,634 75,141
    WELLS FARGO COMPANY 5.25 25,073 25,359
    ATT INC 4.95 1/15/2013    
    WELLS FARGO CO 4.375 1/13/2013 50,797 51,097
    CONOCOPHILLIPS 4.75 2/1/2014 26,479 26,554
    UNILEVER CAPITAL CORP 230,841 236,297
    GLAXCOSMITHKLINE 4.375 4/15/14 104,071 106,525
    PRAXAIR INC 4.625 3/30/2015 157,721 165,264
    GOLDMAN SACHS GROUP INC 5.375 100,416 102,942
    MORGAN STANLEY 4.20 11/20/14 25,500 24,962
    GOLDMAN SACHS GROUP 3.7 8/1/15 100,732 100,884
    BARCLAYS BANK PLC 2.5 1/23/13 25,255 25,182

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    DOROTHY M M KERSTEN TR UA 04-4825
    EIN: 31-6258173
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALLSTATE CORP 52,560 42,108
    APACHE CORP 53,234 145,458
    CVS/CAREMARK CORP 36,697 46,730
    CONOCOPHILLIPS 161,096 243,246
    COSTCO WHSL CORP 104,090 229,710
    EXELON CORPORATION 90,550 75,240
    GENERAL ELEC CO 162,790 188,373
    HEWLETT PACKARD CO 53,523 39,938
    HUMANA INC 36,472 77,440
    I T T CORPORATION    
    ILLINOIS TOOL WORKS 17,702 21,156
    INTEL CORP 166,272 227,644
    J P MORGAN CHASE & CO 283,119 239,927
    JOHNSON & JOHNSON 271,477 308,276
    LINEAR TECHNOLOGY CORP 37,741 46,995
    LOWES COS INC 66,555 75,878
    MCDONALDS CORP 212,823 407,238
    MEDTRONIC INC 50,320 39,427
    NIKE INC CL B 223,685 228,228
    NORFOLK SOUTHN CORP 19,149 21,531
    PEPSICO INC 76,173 158,066
    PROCTER & GAMBLE CO 162,502 242,428
    REPUBLIC SVCS INC 129,412 179,108
    STAPLES INC 31,931 23,490
    TEXAS INSTRUMENTS INC 46,560 57,380
    UNION PAC CORP 23,030 59,655
    UNITED TECHNOLOGIES CORP 111,151 242,602
    VERIZON COMMUNICATIONS INC 256,716 308,547
    WASTE MGMT INC DEL 19,405 16,700
    WELLS FARGO CO 109,758 173,888
    3M CO 41,900 53,760
    ACCENTURE LTD 135,184 356,093
    SCHLUMBERGER LTD 93,845 239,388
    MICROSOFT CORP 122,024 272,679
    ABBOTT LABORATORIES 27,044 32,235
    ALCOA INC 84,647 53,454
    ALTRIA GROUP INC 37,488 62,190
    AMGEN INC 49,178 58,328
    ARCHER DANIELS MIDLAND CO 66,168 53,136
    AUTODESK INC    
    BOEING CO 126,096 149,194
    BRISTOL-MYERS SQUIBB CO 160,516 203,297
    CARDINAL HEALTH INC 28,046 33,684
    CHEVRON CORPORATION 2,638 11,289
    CLIFFS NATURAL RESOURCES INC    
    DUKE ENERGY CORP 495 1,614
    EMC CORP 50,322 47,210
    EMERSON ELEC CO 40,048 59,716
    EXPRESS SCRIPTS INC 13,297 12,729
    EXXON MOBIL CORP 95,224 131,692
    FED EX CORP 62,818 87,762
    FREEPORT MCMORAN COPPER    
    GOLDMAN SACHS GROUP INC 70,245 53,490
    HALLIBURTON CO 38,491 28,390
    HESS CORP    
    ZIMMER HOLDINGS INC    
    INTUIT INC 1,023 2,789
    NEWMONT MINING CORPORATION 10,135 9,702
    OCCIDENTAL PETROLEUM CORP 18,407 15,181
    P G & E CORP 18,634 18,651
    PFIZER INC 243,821 265,144
    QUALCOMM INC 71,511 110,413
    SCHWAB CHARLES CORP 29,055 29,674
    TJX COS INC 36,257 99,168
    TARGET CORPORATION 63,208 73,145
    THERMO FISHER SCIENTIFIC INC 49,738 72,674
    WALMART STORES INC 35,019 51,105
    PRAXAIR INC 32,415 108,730
    WINDSTREAM CORP 57,601 53,130
    TRANSOCEAN LTD    
    AMPHENOL CORP CL A    
    ATT INC 56,216 71,320
    CSX CORP 50,642 80,496
    ENTERGY CORP    
    FIRST ENERGY CORP 49,289 54,109
    INTERNATIONAL BUSINESS MACHS 217,063 273,812
    MARATHON OIL CORP 36,016 51,140
    MERCK & CO INC NEW 35,438 41,750
    PUBLIC SVC ENTERPRISE GROUP 31,930 32,500
    SIMON PROPERTY GROUP INC 103,496 186,792
    APPLE INC 63,766 112,712
    B M C SOFTWARE INC 25,138 19,675
    BECTON DICKINSON AND CO    
    BANK OF AMERICA CORP 38,343 20,450
    ALLERGAN INC 16,355 18,607
    AMERICAN TOWER CORP 18,642 23,909
    AMERPRISE FINL INC 18,972 20,904
    ANADARKO PETROLEUM CORP 15,189 13,041
    AUTOMATIC DATA PROCESSING 12,353 12,690
    BRUNSWICK CORP 17,467 19,443
    CAMERON INTL CORP 11,778 10,848
    CAPITAL ONE FINANCIAL 12,319 12,790
    CATERPILLAR INC 15,762 13,076
    CITIGROUP INC 59,775 37,963
    DIRECTV CL A 21,838 21,432
    DISNEY WALT 158,443 189,150
    DOLLAR TREE INC 12,255 21,305
    DOVER CORP 14,844 12,491
    DR PEPPER SNAPPLE 1,687 1,838
    EATON CORP 9,869 7,847
    FIFTH THIRD BANK 15,344 16,576
    FOOT LOCKER 17,559 22,415
    FORD MOTOR CO 19,037 12,793
    FRONTIER COMM CORP 6,100 2,114
    FRONTIER OIL CORP    
    JARDEN CORP 14,761 18,783
    KELLOG CO 8,562 7,597
    MACYS INC 14,084 17,312
    MASTERCARD INC 21,333 32,258
    MCKESSON CORP 13,661 15,094
    NATIONAL OILWELL VARCO 21,897 19,525
    ON SEMICONDUCTOR CORP 15,363 10,068
    ORACLE CORP 75,586 73,864
    PARKER HANNIFIN CORP 17,441 15,453
    PHILIP MORRIS 74,592 95,986
    PRUDENTIAL FINANCIAL INC 19,811 15,546
    SLM CORP 18,549 17,407
    ST JUDE MED INC 16,405 13,330
    STARBUCKS 21,168 31,405
    SUNTRUST BKS 11,937 11,025
    TERADATA CORP DEL 21,622 28,444
    UNITED HEALTH GROUP 23,336 27,671
    WHITING PETROLEUM CORP 26,091 16,695
    ACE LTD 18,133 19,719
    CHECK POINT SOFTWARE 17,246 15,323
    SONY CORP 6,129 3,275
    CBS CORP CLASS B 33,440 32,780
    COCA COLA CO 84,530 86,009
    HASBRO INC 10,310 10,161
    HOLLYFRONTIER CORP 15,479 18,778
    MARATHON PETROLEUM CORP 24,363 44,920
    PHILLIPS 66 46,569 71,001
    ROYAL BK SCOTLAND GROUP 12,533 10,200

    TY 2011 InvestmentsOtherSchedule2
    Name:
    DOROTHY M M KERSTEN TR UA 04-4825
    EIN: 31-6258173
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    NUVEEN INFLATION PRO SEC AT COST 100,000 130,353
    NUVEEN INTERNATIONAL AT COST 812,316 666,487
    NUVEEN MID CAPITAL IND AT COST 708,527 864,650
    NUVEEN SMALL CAP SELEC AT COST 683,937 746,688
    NUVEEN TOTAL RETURN BD      
    I SHARES MSCI EAFE INDEX FD AT COST 418,575 322,242
    LAUDUS INTL MRKTMASTERS INV FD      
    UTILITIES SELECT SECTOR SPDR AT COST 214,962 236,736
    ISHARES BARCLAYS TIPS BOND FUN AT COST 254,071 299,250
    ISHARES MSCI EMERGING MRKTS IN AT COST 497,030 469,972
    FIDELITY AD INTL DISCOVERY      
    SPDR GOLD TRUST      
    NUVEEN INTERMEDIATE BD AT COST 115,429 121,848
    CREDIT SUISSE COMM RET ST CO AT COST 100,039 96,179
    NUVEEN INTER GOVT BD AT COST 315,126 329,680
    IPATH DOW JONES UBS COMMOD      
    MATERIALS SELECT SECTOR S P D      
    ISHARES S&P PREF STK INDX FD AT COST 159,028 161,975
    AMERICAN CENT EQUITY INCOME AT COST 258,930 262,387
    BLACKROCK CAPITAL APPREC AT COST 293,753 283,727
    GOLDMAN SACHS M C VALUE AT COST 177,304 168,059
    INV BALANCE RISK COMM AT COST 149,232 135,167
    ISHARES TR IBOXX H Y AT COST 88,790 91,290
    NEUBERGER BERMAN GENESIS AT COST 177,861 172,545
    NUVEEN HIGH INCOME BOND FD AT COST 513,989 496,009
    NUVEEN REAL ESTATE AT COST 177,442 192,071
    OPPENHEIMER DEVELOPING MKTS AT COST 280,714 244,889
    PIMCO TOTAL RETURN FD      
    ROWE T PRICE MID CAP GROWTH      
    SCOUT INTERNATIONAL AT COST 611,551 531,775
    SPDR DJ WILSHIRS INTERNATIONAL AT COST 239,262 215,751
    T ROWE PRICE INTL BOND FD AT COST 204,618 191,473
    T ROWE PRICE INTL GR & INC AT COST 553,468 461,787
    TFS MARKET NEUTRAL FD      
    ISHARES RUSSELL MIDCAP AT COST 53,775 52,680
    ISHARES RUSSELL 2000 INDEX AT COST 41,435 39,780
    NUVEEN STRATEGIC INCOME AT COST 1,045,227 1,104,577
    ROWE T PRICE MID CAP AT COST 279,981 255,225
    TCW EMERGING MARKETS AT COST 150,000 146,762
    FINANCIAL SELECT SECTOR SPDR AT COST 67,414 65,858
    ISHARES S&P SMALLCAP 600 AT COST 38,225 36,635
    MIDCAP SPDR TRUST AT COST 52,911 51,390

    TY 2011 OtherDecreasesSchedule
    Name:
    DOROTHY M M KERSTEN TR UA 04-4825
    EIN: 31-6258173
    Description Amount
    ROUNDING ADJUSTMENT 4


    TY 2011 OtherExpensesSchedule
    Name:
    DOROTHY M M KERSTEN TR UA 04-4825
    EIN: 31-6258173
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NON-ALLOCABLE EXPENSE - 200 0   200
    OTHER NONALLOCABLE EXPENSES - 2 2   0


    TY 2011 TaxesSchedule
    Name:
    DOROTHY M M KERSTEN TR UA 04-4825
    EIN: 31-6258173
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 5 5   0
    FEDERAL TAX PAYMENT - PRIOR YE 29,400 0   0
    FEDERAL ESTIMATES - PRINCIPAL 40,640 0   0
    FOREIGN TAXES ON QUALIFIED FOR 10,363 10,363   0
    FOREIGN TAXES ON NONQUALIFIED 525 525   0