TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2011

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

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

Amended returnAddress changeName change

Name of foundation
FAITH P & CHARLES L BYBEE FOUNDATION

% FAITH P & CHARLES L BYBEE FD

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 82 Room/suite

City or town, state, and ZIP code
ROUND TOP, TX78954

A Employer identification number

74-1917686

B Telephone number (see page 10 of the instructions)

(979) 249-3308

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$4,591,210J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	3,125
2	Check
3	Interest on savings and temporary cash investments	29,944		29,944
4	Dividends and interest from securities......	14,171		14,171
5a	Gross rents..............	64,750		64,750
b	Net rental income or (loss) 43,529
6a	Net gain or (loss) from sale of assets not on line 10		463,603
b	Gross sales price for all assets on line 6a 2,485,057
7	Capital gain net income (from Part IV, line 2)...			463,603
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).......		53,725	53,330	0
12	Total. Add lines 1 through 11........	629,318		625,798	0
13	Compensation of officers, directors, trustees, etc.	20,000				20,000
14	Other employee salaries and wages......	7,619				7,619
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		17,444	0	0	17,444
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		10,848	9,813		1,035
19	Depreciation (attach schedule) and depletion...		24,656	24,180	0
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		152,569	109,054		14,612
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	233,136		143,047	0	60,710
25	Contributions, gifts, grants paid........	9,000				9,000
26	Total expenses and disbursements. Add lines 24 and 25	242,136		143,047	0	69,710
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	387,182
b	Net investment income (if negative, enter -0-)			482,751
c	Adjusted net income (if negative, enter -0-)...				0

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	6,438	6,208	6,208
	2	Savings and temporary cash investments..........	908,468	60,573	60,573
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule) 240,000
		Less: allowance for doubtful accounts		240,000	240,000
	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)........		590,627	600,305
	c	Investments—corporate bonds (attach schedule)........		1,370,657	1,360,645
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)	544,520
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis 1,042,789
		Less: accumulated depreciation (attach schedule) 237,449	1,119,411	805,340	2,158,785
	15	Other assets (describe )	164,694	164,696	164,694
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	2,743,531	3,238,101	4,591,210
	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 )	6,538	6,960
	23	Total liabilities (add lines 17 through 22)..........	6,538	6,960
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	2,615,945	2,615,945
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	121,048	615,196
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	2,736,993	3,231,141
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	2,743,531	3,238,101

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	2,736,993
2	Enter amount from Part I, line 27a.....................	2	387,182
3	Other increases not included in line 2 (itemize)	3	107,146
4	Add lines 1, 2, and 3..........................	4	3,231,321
5	Decreases not included in line 2 (itemize)	5	180
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	3,231,141

Form 990-PF (2011)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	WOODWAY FINANCIAL-SHORT TERM CAPITAL LOSS-SEE STMT A	2011-01-01	2011-12-31
b	SALE OF LIBRARY	1999-01-01	2011-10-28
c	WOODWAY FINANCIAL-SHORT TERM CAPITAL GAIN-SEE STMT A	2011-01-01	2011-12-31
d	WOODWAY FINANCIAL-LONG TERM CAPITAL LOSSS-SEE STMT A	2010-01-01	2011-12-31
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	33,039	41,534	-8,495
b	265,000	7,217	257,783
c	561,242	559,641	1,601
d	325,776	329,588	-3,812
e

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			-8,495
b			257,783
c			1,601
d			-3,812
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	463,603
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010
2009
2008
2007
2006

2	Total of line 1, column (d) ......................	2
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
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7
8	Enter qualifying distributions from Part XII, line 4..............	8
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2011)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	9,655
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	9,655
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	9,655
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a
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	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	53
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	9,708
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax0	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

Yes

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV..........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

FAITH P & CHARLES L BYBEE FDTN Telephone no. bullet

(979) 249-3308

Located at bullet

P O BOX 82ROUND TOPTX ZIP+4 bullet

78954

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2011)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2011?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2011.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2011)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
BARRY MOORE	PRESIDENT/TRUSTEE 0	0
711 Louisiana Suite 300 HOUSTON,TX77002	PRESIDENT/TRUSTEE 0	0
STEVE DITSLER	TRUSTEE 0	0
P O BOX 334 ROUND TOP,TX78954	TRUSTEE 0	0
JOE WESTERLAGE	TRUSTEE 0	0
P O BOX 82 ROUND TOP,TX78954	TRUSTEE 0	0
ERNESTO CALDEIRA	TRUSTEE 0	0
1022 DAUPHINE NEW ORLEANS,LA70116	TRUSTEE 0	0
JACQUELINE DITSLER	VP/SECY/TRUSTEE 0	20,000
P O BOX 334 ROUND TOP,TX78954	VP/SECY/TRUSTEE 0	20,000
GABRIELLE HALE	TRUSTEE 0	0
3711 SAN FELIPE STREET 6-B HOUSTON,TX77027	TRUSTEE 0	0

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










Total number of other employees paid over $50,000...................

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

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	PRESERVATION OF HISTORIC BUILDINGS IN ROUND TOP, TEXAS AND MAINTAINING THE HOUSES OPEN FOR PUBLIC TOURS WITH EXPLANA- TIONS OF THE ARCHITECTURE & FURNISHINGS OF THE 19TH CENTURY.	8,175
2	THE FOUNDATION SPONSORS ANNUAL HOLIDAY PROGRAMS AND ACTIVITIES ON HISTORIC HENKEL SQUARE. THESE PERFORMANCES ARE OPEN TO THE COMMUNITY AND THE PUBLIC.	723
3	INCIDENTAL RENTAL OF HISTORIC STRUCTURES IN CONNECTION WITH PUBLIC EVENTS HELD TO INCREASE AWARENESS OF THE HISTORY OF THE AREA INCLUDING JOINT ACTIVITIES WITH UT-WINEDALE.	27,467
4

Form 990-PF (2011)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1	NONE
2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3.......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

1,699,533

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

224,325

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

2,323,479

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

4,247,337

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

4,247,337

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

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

63,710

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

4,183,627

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

209,181

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

209,181

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

9,655

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

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

9,655

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

199,526

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

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

199,526

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

199,526

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

69,710

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

69,710

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

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

69,710

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2011)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

		(a) Corpus	(b) Years prior to 2010	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7					199,526
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......				0
b Total for prior years:2009, 2008, 2007			0
3 Excess distributions carryover, if any, to 2011:
a From 2006.......	20,691
b From 2007.......	86,350
c From 2008.......	43,005
d From 2009.......	47,759
e From 2010.......	1
fTotal of lines 3a through e.........		197,806
4Qualifying distributions for 2011 from Part
XII, line 4: $ 69,710
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)
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...
d Applied to 2011 distributable amount.....					69,710
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2011.		129,816			129,816
(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		67,990
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......
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) ...........
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 ......		67,990
10 Analysis of line 9:
a Excess from 2007....
b Excess from 2008....	20,230
c Excess from 2009....	47,759
d Excess from 2010....	1
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2011)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
ROUND TOP LIBRARY ASSOCIATION-SCHOLARSHIP PO Box 82 ROUND TOP,TX78954			SCHOLARSHIP	6,000
ROUND TOP CARMINE EDUCATION-DONATION PO BOX 82 ROUND TOP,TX78954			GENERAL EDUCATION PURPOSES	3,000
Total ................................. 3a				9,000

bApproved for future payment

Total ................................. 3b

Form 990-PF (2011)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
aTOUR ADMISSIONS
bAPOTHECARY SALES
cMISCELLANEOUS INCOME				246
dCASH CONTRIBUTIONS				3,125
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	7
4 Dividends and interest from securities....			14	44,107
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property			16	64,750
7 Other investment income.....			15	53,331
8Gain or (loss) from sales of assets other than inventory			18	463,603
9 Net income or (loss) from special events:			01	149
10 Gross profit or (loss) from sales of inventory..	453220
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				629,318

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

13629,318

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2011)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2011 AccountingFeesSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EUGENE F FERONTI, JR, CPA	17,444			17,444

- TIN:

TY 2011 AllOthProgRltdInvestmentsSch

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Category	Amount
NONE

- TIN:

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

TY 2011 AmortizationSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description of Amortized Expenses	Date Acquired, Completed, or Expended	Amount Amortized	Deduction for Prior Years	Amortization Method	Current Year Amortization	Net Investment Income	Adjusted Net Income	Total Amount of Amortization
COMPUTER PROGRAM	2000-08-04	237	237	3.0				237
GUEST TRACKER SFTW	2001-05-17	280	280	3.0				280

- TIN:

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

TY 2011 DepreciationSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense
LAND-NON INVESTMNT	2001-01-01	780,284		L
KRAUSE FARM HOUSE	1995-04-01	25,944	10,474	M39		665
KNUTZEN WHT GUEST	1995-04-01	10,361	4,189	M39		266
KRAUSE FARM HOUSE	1996-10-01	60,567	22,066	M39		1,553
KNUTZEN WHT GUEST	1996-10-01	32,500	11,836	M39		833
POLE BARN	1996-10-01	19,820	7,218	M39		508
KRAUSE LOG BARN	1996-10-01	30,442	11,097	M39		781
KRAUSE LOG CABIN	1996-10-01	26,612	9,690	M39		682
STORAGE BUILDING	2000-06-21	32,658	8,824	M39		837
PALMER BARN	2001-08-01	1,655	396	M39		4
BATHROOM ADDITION	2001-12-01	13,328	2,685	M39		28
SHUMAN IMPROVEMNTS	1990-01-01	3,142		L
SCHERRER IMPRVMNTS	1990-01-01	1,106		L
WATER TROUGHS	1990-01-01	1,550		L
C C HANDYMAN	1992-01-01	878		L
WIRING	1996-10-25	7,478	2,728	M39		192
BLDG IMPROVEMENTS	1998-02-08	200	64	M39		5
ELECTRICAL IMPROV	1998-05-15	1,290	417	M39		33
ROOF-DOUBLE LOG HS	1999-01-29	7,000		L
ROOF-HENKEL HOUSE	1999-02-19	4,550		L
ROOF-KRAUSE BARN	1999-04-15	6,582	1,979	M39		169
ROOF-KRAUSE CABIN	1999-04-15	5,195	1,557	M39		133
ROOF-BLDG NW CORNR	1999-06-18	2,398		L
ROOF-POTTERY CABIN	1999-06-18	1,350		L
RENOV-ZAPP/VON ROS	1999-06-18	10,653		L
ROOF-SCHERRER HSE	1999-09-22	3,500		L
MARY PHELPS FENCE	1999-11-12	2,396		L
IMPR-HOGG/ERDMANN	2001-01-01	3,439	880	M39		88
IMPR-HOGG/ERDMANN	2001-06-20	1,975	489	M39		51
FURN & FIXTURES	1983-01-01	9,218		L
B&B WATER HEATER	1995-10-13	377	377	M7D
SIGNS-APOTHECARY	1996-08-01	625	625	DDB	7
HOT WATER HEATER	1999-09-23	315	289	DDB	7
6 ROCKING CHAIRS	2001-04-26	534	534	SL	7
2 PICNIC TABLES	2001-05-17	470	470	SL	7
TREATED TABLE	2001-08-07	235	235	SL	7
ENTRANCE SIGN	2001-10-16	225	222	SL	7
TRACTOR	1993-07-27	6,500	6,500	SL	7
WHIRLPOOL DRYER	1997-05-01	438	438	SL	7
CHARGE CARD MACH	2001-07-21	435	400	DDB	7
ANTIQUES (PRE 1983	1983-01-01	13,828		L
ANTIQUES (PRE 1983	1994-04-01	9,018		L
LOT 11 KRAUSE FARM	1983-01-01	4,622		L
KRAUSE DRIVEWAY	1994-01-01	2,040		L
LOT 125 RUBERFELD	1994-04-01	385		L
FUCH'S PROPERTY	1999-01-01	20,000		L
LOT 25 RUBERFELD	2001-01-01	2,380		L
2ND BREWERY-BLDG	2001-01-01	83,700		L
2ND BREWERY-LAND	2001-01-01	27,900		L
FUCH'S PROPERTY	1999-01-01	57,941	17,772	SL	39	1,486
200 AMP METER LOOP	1997-07-28	1,350	471	SL	39	35
RENOVATION-FUCH'S	1999-06-30	7,091	2,101	SL	39	182
A/C-FUCH'S PROP	1999-11-02	2,800	801	SL	39	72
TOILETS-ARTGALLERY	2002-02-14	138	28	M39		4
TRACK LIGHTS-APOTH	2002-02-20	408	408	SL	7
IMPROV-TEA ROOM	2002-03-12	328	63	M39		8
IMPROV-WINE SHOP	2002-03-12	415	82	M39		11
DISHWASHER-OLD ROS	2002-01-25	400	400	SL	7
ICE CREAM CABINET	2002-03-21	2,359	2,359	SL	7
CARRIAGE RESTORATN	2002-05-22	4,042	784	M39		9
TRACK LIGHTS-APOTH	2002-03-12	588	588	SL	7
WALLPAPER-HH	2002-01-18	1,317	1,317	SL	7
IMPROV-SCHUMANN #2	2002-08-22	1,623	308	M39		3
ROOF-STORAGE BLDG	2002-05-20	1,700	332	M39		4
WATER HEATER-APOTH	2002-05-09	170	170	SL	7
BATH FIXT-HEN SQ	2002-05-09	468	89	M39		1
A/C UNIT-ADM BLDG	2002-07-03	3,205	3,205	SL	7
IMPROV-M PHELPS HS	2002-07-10	667		L
IMPROV-ROSENBERG	2002-08-01	1,300	243	M39		33
IMPROV-BYBEE HOUSE	2002-07-19	6,706	1,275	M39		172
ROOF-KNUTZEN	2002-05-20	4,790	927	M39		123
ROOF-PALMER BARN	2002-05-06	4,500	869	M39		10
IMPROV-PALMER BARN	2002-09-25	4,225	790	M39		9
A/C -PALMER BARN	2002-06-11	4,930	4,930	SL	7
LIGHT FIXT-PALMER	2002-11-06	1,944	359	M39		4
SIGNS-ROSENBERG	2002-05-24	1,057	1,057	SL	7
IMPROV-BLOCK 8	2002-03-07	12,851	2,521	M39		329
ROOF-BLOCK 8	2002-12-12	6,980	1,275	M39		179
KITCHEN KNOBS	2003-07-02	137	98	M7
COMPUTER DESKS (2)	2003-08-27	65	41	M5
COMPUTER CHAIRS(2)	2003-08-27	63	46	M7
A/C UNIT-HOGG	2003-05-29	6,279	4,513	M7
A/C UNIT-OLD STONE	2003-05-29	4,780	3,435	M7
2 COMPUTER SYSTEMS	2003-07-30	2,320	1,494	M5
DSL EQUIPMENT	2003-07-30	257	167	M5
A/C UNIT-OLD STONE	2003-08-11	2,074	1,490	M7
HEAT PUMP-KNUTZEN	2003-08-11	2,190	1,575	M7
A/C UNIT-APOTH	2003-08-11	5,735	4,121	M7
FAX/COPIER	2003-08-27	50	33	M5
REFRIGERATOR	2003-09-28	389	281	M7
IMPROV-APOTHECARY	2003-11-10	2,183	340	M39		5
IMPROV-BYBEE FARM	2003-08-27	2,410	384	M39		62
IMPROV-HAW CREEK	2003-08-12	4,039	643	M39		9
WALLPAPER-HH	2003-01-17	632	113	M39		1
IMPROV-HENKLE SQ	2003-01-17	7,630	1,385	M39		16
IMPROV-PALMER BARN	2003-04-03	8,924	1,579	M39		19
A/C UNIT-BYBEE FRM	2004-06-17	8,970	6,830	M7		400
REFRIGERATOR-GUEST	2004-05-06	118	91	M7		5
DRYER-GUEST HOUSE	2004-05-25	340	257	M7		15
PH DIGGER-GUEST	2004-11-10	35	25	M7		2
A/C UNIT-LOG CABIN	2004-10-10	124	94	M7		6
A/C UNIT-OLD STONE	2004-08-19	5,250	3,998	M7		234
IMPROV-BYBEE FARM	2004-06-30	18,420	2,724	M39		472
IMPROV-HAW CREEK	2004-04-07	16,276	2,442	M39		35
IMPROV-HENKEL SQ	2004-03-31	3,248	490	M39		7
IMPROV-HOGG ATTIC	2004-03-09	864	130	M39		22
IMPROV-KNUTZEN HSE	2004-04-22	647	99	M39		17
IMPROV-LOG CABIN	2004-02-16	433	66	M39		11
IMPROV-MARY PHELPS	2004-07-08	6,125	900	M39		13
IMPROV-SCHUMANN #2	2004-07-08	9,625	1,415	M39		21
IMPR-VON ROSENBERG	2004-03-24	7,600	1,149	M39		16
FURN-APOTHECARY	2004-04-28	450	342	M7		2
FURN-BYBEE FARM	2004-03-03	202	153	M7		9
BR FIXT-BYBEE FARM	2004-05-25	754	573	M7		34
FIXT-GUEST HOUSE	2004-03-03	365	280	M7		16
FAUCET-HENKEL SQ	2004-01-10	44	33	M7
FIXT-HOGG ATTIC	2004-03-03	350	266	M7		16
FIXT-KNUTZEN HOUSE	2004-05-25	762	579	M7		34
B&B BEDDING	2004-05-25	5,477	4,171	M7		244
B&B FURNITURE	2004-05-25	361	274	M7		16
FUCHS	2005-06-15	1,650	233	M39		42
GAS STATION	2005-06-15	107	16	M39		3
KNUTZEN	2005-06-15	33,191	4,717	M39		851
PALMER BARN	2005-06-15	4,188	593	M39		9
HENKEL KITCHEN	2005-06-15	5,825	826	M39		12
HOGG HOUSE	2005-06-15	4,455	632	M39		114
LUMBER BARN	2005-06-15	5,000	710	M39		128
MUCKLEROY	2005-06-15	18,102	2,572	M39		39
OFFICE HENKEL	2005-06-15	4,759	676	M39		122
CORNER BLDG HENKEL	2005-06-15	4,759	676	M39		122
OTHER 2005	2005-06-15	3,190	454	M39		82
IMPROV-APOTHECARY	2006-07-07	2,769	317	M39		6
IMPROV-ART GALLERY	2006-05-19	19,620	2,327	M39		503
IMPROV-BYBEE SQUAR	2006-09-25	67,843	7,464	M39		1,739
IMPROV-CELLAR	2006-09-07	4,554	502	M39		117
IMPROV-CORNER BLDG	2006-12-08	5,384	558	M39		138
BYBEESQ BLK8 DECK	2006-04-12	26,001	3,141	M39		667
IMPROV-FUCHS	2006-11-09	15,952	1,687	M39		409
IMPROV-HENKEL SQ	2006-05-05	9,713	1,152	M39		21
IMPROV-HOGG HOUSE	2006-09-21	37,372	4,112	M39		958
IMPROV-KNUTZEN GAR	2006-03-10	7,191	882	M39		184
IMPROV-KNUTZEN HSE	2006-12-05	12,723	1,318	M39		326
HSE FRM LA GRANGE	2006-04-21	6,500	786	M39		167
IMPROV-MARY PHELPS	2006-01-10	587	74	M39		1
IMPROV-OFFICE BLDG	2006-12-05	10,978	1,136	M39		281
IMP-STONE BREWERY	2006-09-15	8,306	914	M39		213
IMPROV-PALMER BARN	2006-04-25	179	23	M39
IMPROV-POLE BARN	2006-01-11	150	20	M39		4
IMPR-ROSENBERG BLD	2006-07-06	7,630	874	M39		196
IMPROV-TEA ROOM	2006-04-12	11,358	1,371	M39		291
IMPROV-WINE SHOP	2006-12-08	138	16	M39		4
2006 FURN FIXTURES	2006-06-15	1,587	1,234	M7		12
2006 A/C	2006-01-20	4,315	2,994	M7D		529
HP PRINTER	2006-03-01	150	116	M7		13
A/C ART GALLERY	2006-03-20	4,800	590	M39		123
A/C CORNER BLDG	2006-03-20	988	120	M39		25
A/C KNUTZEN GARAGE	2006-03-20	1,090	134	M39		28
A/C TEA ROOM	2006-06-02	7,210	840	M39		185
DIGITAL CAMERA	2006-04-26	130	102	M7		12
BLOWER	2006-05-25	50	38	M7
A/C BARBER SHOP	2006-05-25	170	19	M39		4
2006 FREEZER	2006-06-19	370	288	M7		3
2006 REFRIGERATOR	2006-06-19	480	333	M7D		5
CRDT CRD MACH APTH	2006-07-20	495	385	M7		4
CRD MACH ICE CRM	2006-07-20	495	385	M7		4
PROPANE TANK FUCHS	2006-07-28	365	40	M39		9
A/C HOGG ATTIC	2006-09-22	225	26	M39		6
2006 BLOWER/VACUUM	2006-10-28	68	53	M7		15
IMPROV-APOTHECARY	2007-12-19	1,420	110	M39		3
IMPROV-HS BATHROOM	2007-08-08	1,872	162	M39		4
IMPROV-BLOCK 8	2007-03-12	1,600	156	M39		41
IMPROV-BYBEE FARM	2007-10-14	2,205	183	M39		57
IMPROV-BYBEE KRAUS	2007-08-04	578	51	M39		15
IMPROV-BYBEE SQ	2007-06-15	2,134	195	M39		55
IMPROV-DECK BLOCK8	2007-06-15	180	18	M39		5
IMPROV-HENKEL SQ	2007-08-08	3,857	334	M39		8
IMPROV-HOGG	2007-06-07	440	39	M39		11
IMPROV-KNUTZEN HSE	2007-08-14	1,200	105	M39		31
IMPROV-LOG CABIN	2007-06-23	149	14	M39		4
IMPROV-M PHELPS HS	2007-08-08	1,744	152	M39		4
IMPROV-MUCKLEROY H	2007-08-23	17,291	1,496	M39		37
IMPROV-PALMER THTR	2007-09-11	898	76	M39		2
IMPROV-SCHUMANN #1	2007-07-18	1,231	110	M39		3
IMPROV-VON ROS HSE	2007-07-18	1,185	104	M39		3
IMPROV-WEAVERS HSE	2007-12-20	675	52	M39		1
BYBEE SIGN	2007-01-18	38	28	M7		3
BYBEE SQUARE SIGN	2007-01-16	750	546	M7		66
HENKLE SQ CURTAINS	2007-01-26	36	27	M7
BYBEE FM DISHWSHER	2007-08-16	325	219	M7		30
APOTH-ELECTRICAL	2007-10-12	712	461	M7		6
BYBEE FRM-COMP SAV	2007-10-12	171	111	M7		17
KNUTZEN-AIR QU SYS	2007-10-12	1,851	1,200	M7		186
BYBEE FM SHOWER DR	2007-10-18	454	294	M7		46
VON ROSENBERG CASE	2007-10-18	182	118	M7		2
APOTH-GLASS DOOR	2008-01-03	62	35	M7		1
HENKEL SQ-2 BENCH	2008-09-26	300	168	M7		3
IMPROV-BYBEE SQ	2008-04-15	399	27	M39		10
IMPROV-WEAVERS HSE	2008-01-10	77	6	M39
IMPROV-LIBRARY	2008-03-07	195	14	M39		5
IMPROV-BLOCK 8	2008-04-10	1,647	114	M39		42
IMPROV-OLD STONE B	2008-05-27	8,680	585	M39		223
IMPROV-HAW CR CHUR	2008-09-26	1,152	69	M39		2
IMPROV-WINE SHOP	2008-12-10	17,232	902	M39		442
IMPROV-LOG CABIN	2008-12-30	9,545	500	M39		245
HAW CREEK-A/C	2008-07-16	4,800	2,702	M7		50
HENKEL SQ-BLOWER	2008-09-09	200	113	M7		2
IMPROV-BYBEE SQ	2009-12-10	998	27	M39		26
IMPROV-WINE SHOP	2009-05-04	798	33	M39		20
IMPROV-TEA ROOM	2010-12-31	3,143	3	M39		81
IMPROV-STONE CELLR	2010-12-31	1,973	2	M39		51
IMPROV-BYBEE SQ	2010-12-31	7,419	8	M39		190
INPROV-OLD ST & RO	2010-12-31	3,967	4	M39		102
F&F	2010-12-31	402	20	M5		153
EQUIP-ROSENBG	2010-12-31	1,575	56	M7		434
EQUIP-HOGG	2010-12-31	783	28	M7		216
EQUIP-PUMP	2010-12-31	600	21	M7		165
EQUIP-3 TON AIR	2010-12-31	3,892	139	M7		1,072
2011-IMPROV BLOCK8	2011-12-31	1,216		M39		1
2011-EQUIP BYBEE S	2011-12-31	756		M7		27
2011-IMPROV BYBEE	2011-12-31	8,289		M39		9
2011-EQUIP CORNER	2011-12-31	573		M7		20
2011-IMPROV CORNER	2011-12-31	3,219		M39		3
2011-IMPROV BLOCK8	2011-12-31	3,600		M39		4
2011-DELL COMPUTER	2011-12-31	796		M5		40
2011-F&F HENKEL SQ	2011-01-13	200		M5		3
2011-EQUIP HOGG	2011-12-31	10,076		M7		360
2011-IMPROV HOGG	2011-12-31	7,446		M39		8
2011-IMPROV KNUTZN	2011-12-31	5,816		M39		6
2011-IMPROV OFFICE	2011-12-31	3,485		M39		4
2011-IMPROV ROSENB	2011-12-31	4,544		M39		5
2011-IMPROV WINE S	2011-12-31	4,099		M39		4

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

TY 2011 GainLossSaleOtherAssetsSch

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Name	Date Acquired	How Acquired	Date Sold	Purchaser Name	Gross Sales Price	Basis	Basis Method	Sales Expenses	Total (net)	Accumulated Depreciation
SALE OF HENKEL SQUARE	1983-01		2011-02		1,300,000	1,083,474			216,526

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TY 2011 LandEtcSchedule2

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
LAND-NON INVESTMNT
PALMER BARN
BATHROOM ADDITION
SHUMAN IMPROVEMNTS
SCHERRER IMPRVMNTS
WATER TROUGHS
ROOF-DOUBLE LOG HS
ROOF-HENKEL HOUSE
ROOF-BLDG NW CORNR
ROOF-POTTERY CABIN
RENOV-ZAPP/VON ROS
ROOF-SCHERRER HSE
MARY PHELPS FENCE
SIGNS-APOTHECARY
2 PICNIC TABLES
ENTRANCE SIGN
CHARGE CARD MACH
ANTIQUES (PRE 1983
ANTIQUES (PRE 1983
TRACK LIGHTS-APOTH
ICE CREAM CABINET
CARRIAGE RESTORATN
TRACK LIGHTS-APOTH
WALLPAPER-HH
IMPROV-SCHUMANN #2
ROOF-STORAGE BLDG
WATER HEATER-APOTH
BATH FIXT-HEN SQ
IMPROV-M PHELPS HS
ROOF-PALMER BARN
IMPROV-PALMER BARN
A/C -PALMER BARN
LIGHT FIXT-PALMER
SIGNS-ROSENBERG
A/C UNIT-APOTH
REFRIGERATOR
IMPROV-APOTHECARY
IMPROV-HAW CREEK
WALLPAPER-HH
IMPROV-HENKLE SQ
IMPROV-PALMER BARN
IMPROV-HAW CREEK
IMPROV-HENKEL SQ
IMPROV-MARY PHELPS
IMPROV-SCHUMANN #2
IMPR-VON ROSENBERG
FURN-APOTHECARY
FAUCET-HENKEL SQ
PALMER BARN
HENKEL KITCHEN
MUCKLEROY
IMPROV-APOTHECARY
IMPROV-HENKEL SQ
IMPROV-MARY PHELPS
IMPROV-PALMER BARN
2006 FURN FIXTURES
BLOWER
2006 FREEZER
2006 REFRIGERATOR
CRDT CRD MACH APTH
CRD MACH ICE CRM
2006 BLOWER/VACUUM
IMPROV-APOTHECARY
IMPROV-HS BATHROOM
IMPROV-HENKEL SQ
IMPROV-M PHELPS HS
IMPROV-MUCKLEROY H
IMPROV-PALMER THTR
IMPROV-SCHUMANN #1
IMPROV-VON ROS HSE
IMPROV-WEAVERS HSE
HENKLE SQ CURTAINS
APOTH-ELECTRICAL
VON ROSENBERG CASE
APOTH-GLASS DOOR
HENKEL SQ-2 BENCH
IMPROV-WEAVERS HSE
IMPROV-HAW CR CHUR
HAW CREEK-A/C
HENKEL SQ-BLOWER
2011-F&F HENKEL SQ

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TY 2011 OtherAssetsSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description	Beginning of Year - Book Value	End of Year - Book Value
BUILDING RESTORATION SUPPLIES	9,851	9,851
DEPOSITS	100	100
MINERAL INTERESTS	154,500	154,500
NET INTANGIBLE ASSETS	245	245
ROUNDING	-2

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TY 2011 OtherDecreasesSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description	Amount
PENALTY	180

- TIN:

TY 2011 OtherExpensesSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
INSURANCE	3,924	3,924
BANK & CREDIT CARD CHARGES	15,531	15,531
CONTRACT LABOR	9,985	9,985
CONSULTANTS	70	70
UTILITIES	1,478	1,478
MISCELLANEOUS	105	105
OFFICE EXPENSES	1,142		1,142
TELEPHONE	1,414		1,414
SPECIAL EVENT EXPENSES	723		723
APOTHECARY SHOP EXPENSE	1,349		1,349
HENKEL SQUARE EXPENSE	8,175		8,175
BLOCK 8	77,594	77,594
INTERNET	369	369
SURVEY EXPENSE	1,809		1,809
DOLLAR ROUNDING	-2	-2
Rent and Royalty Expense	28,903

- TIN:

TY 2011 OtherIncomeSchedule2

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
INCOME FROM SPECIAL EVENTS	149
PROGRAM SERVICE REVENUE TOUR ADMISSIONS
MISCELLANEOUS INCOME	246
DOLLAR ROUNDING
Royalty Income	53,330	53,330	53,330

- TIN:

TY 2011 OtherIncreasesSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description	Amount
FEDERAL INCOME TAX REFUND	763
ACCUM DEPREC PER BOOKS > TAX RETURN	106,383

- TIN:

TY 2011 OtherLiabilitiesSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Description	Beginning of Year - Book Value	End of Year - Book Value
PAYROLL TAXES PAYABLE	1,075	94
RENTAL DEPOSITS PAYABLE	5,463	6,866

- TIN:

TY 2011 OtherNotesLoansRcvblShortSch2

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Name of 501(c)(3) Organization	Balance Due
ROUND TOP LIBRARY	240,000

- TIN:

TY 2011 TaxesSchedule

Name:

FAITH P & CHARLES L BYBEE FOUNDATION

EIN: 74-1917686

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
PAYROLL	915		915
PROPERTY	9,428	9,428
SALES TAXES-APOTHECARY SHOP	120		120
FOREIGN TAX WITHHHOLDIGN	385	385