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
UTAH VISION FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)2319 HIGHLAND DRIVE Room/suite

City or town, state, and ZIP code
SALT LAKE CITY, UT841062810

A Employer identification number

84-1381472

B Telephone number (see page 10 of the instructions)

(801) 485-1371

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

$89,727J 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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	1,531		1,531
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-1,814
b	Gross sales price for all assets on line 6a 1,282,141
7	Capital gain net income (from Part IV, line 2)...
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	-283		1,531
13	Compensation of officers, directors, trustees, etc.	475			475
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		750	650	100
c	Other professional fees (attach schedule)....		1,854	1,854
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	119			119
22	Printing and publications..........
23	Other expenses (attach schedule).......
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	3,198		2,504	694
25	Contributions, gifts, grants paid........	4,257			4,257
26	Total expenses and disbursements. Add lines 24 and 25	7,455		2,504	4,951
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-7,738
b	Net investment income (if negative, enter -0-)			0
c	Adjusted net income (if negative, enter -0-)...

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

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

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	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...............	160	560	560
	2	Savings and temporary cash investments..........	98,442	2,705	2,705
	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)
		Less: allowance for doubtful accounts
	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)........		87,599	86,462
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	98,602	90,864	89,727
	17	Accounts payable and accrued expenses..........
	18	Grants payable...................
	19	Deferred revenue..................
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund	98,602	90,864
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	98,602	90,864
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	98,602	90,864

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	98,602
2	Enter amount from Part I, line 27a.....................	2	-7,738
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	90,864
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	90,864

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	805 shs Profunds Rising Rates Opp Fd	P	2011-01-06	2011-01-07
b	319 shs Profunds US Govt Plus	P	2011-01-07	2011-01-10
c	1 sh John Hancock Sm Cap Intrinsic	P	2011-01-06	2011-01-11
d	815 shs Profunds Rising Rates Opp Fd	P	2011-01-10	2011-01-11
e	147 shs Vanguard Intermed Tm Treasury	P	2011-01-06	2011-01-11
	309 shs Profunds US Govt Plus	P	2011-01-11	2011-01-13
	778 shs Profunds Rising Rates Opp Fd	P	2011-01-13	2011-01-19
	324 shs Profunds US Govt Plus	P	2011-01-19	2011-01-21
	796 shs Profunds Rising Rates Opp Fd	P	2011-01-21	2011-01-24
	318 shs Profunds US Govt Plus	P	2011-01-24	2011-01-26
	817 shs Profunds Rising Rates Opp Fd	P	2011-01-26	2011-01-27
	331 shs Profunds US Govt Plus	P	2011-01-27	2011-01-31
	29 shs Franklin Developing Mkts Trust Adv	P	2011-01-06	2011-02-02
	28 shs John Hancock Sm Cap Intrinsic	P	2011-01-06	2011-02-02
	15 shs Keeley Sm Cap Value Fd	P	2011-01-06	2011-02-02
	36 shs John Hancock Sm Cap Equity Fd	P	2011-01-06	2011-02-02
	33 shs Federated Kaufmann Sm Cap Fd	P	2011-01-06	2011-02-02
	35 shs Forward Emerging Mkts Fd	P	2011-01-06	2011-02-02
	835 shs Profunds Rising Rates Opp Fd	P	2011-01-31	2011-02-03
	54 shs Nuveen Mid Cap Growth Opps Fd	P	2011-01-06	2011-02-08
	370 shs Vanguard Total Bd Mkt Index Fd	P	2011-01-06	2011-02-08
	153 shs Vanguard GNMA Fd	P	2011-01-06	2011-02-08
	137 shs Pimco Emerging Mkts Bd Fd	P	2011-01-06	2011-02-08
	159 shs Payden GNMA Fd	P	2011-01-06	2011-02-08
	267 shs Oppenheimer Intl Bd Fd	P	2011-01-06	2011-02-08
	335 shs Direxion Evolution Alternative Inv	P	2011-01-06	2011-02-08
	371 shs Profunds US Govt Plus	P	2011-02-03	2011-02-11
	851 shs Profunds Rising Rates Opp Fd	P	2011-02-11	2011-02-14
	370 shs Profunds US Govt Plus	P	2011-02-01	2011-02-18
	888 shs Profunds Rising Rates Opp Fd	P	2011-02-18	2011-02-24
	356 shs Profunds US Govt Plus	P	2011-03-02	2011-03-01
	5 shs Fidelity Value Fd	P	2011-02-02	2011-03-02
	11 shs Rydex S&P Pure Growth Fd	P	2011-02-02	2011-03-02
	26 shs Fidelity Focused Stock Fd	P	2011-02-02	2011-03-02
	11685 shs Profunds Money Mkt FD	P	2011-03-01	2011-03-02
	11 shs CRM Mid Cap Value Fd	P	2011-02-02	2011-03-02
	1 sh Payden GNMA Fd	P	2011-03-01	2011-03-02
	354 shs Profunds US Govt Plus	P	2011-03-02	2011-03-03
	19 shs Rydex NASDAQ 100 2X Strategy Fd	P	2011-01-06	2011-03-07
	887 shs Profunds Rising Rates Opp Fd	P	2011-03-03	2011-03-07
	235 shs Payden Emerging Mkt Bd Fd	P	2011-01-06	2011-03-08
	143 shs Vanguard Intermed Tm Treasury	P	2011-01-06	2011-03-08
	1 sh Vanguard GNMA Fd	P	2011-03-02	2011-03-08
	1 sh Rydex S&P Pure Growth Fd	P	2011-02-02	2011-03-08
	356 shs Profunds US Govt Plus	P	2011-03-07	2011-03-09
	2588 shs Rydex Money Mkt US Govt Adv	P	2011-02-08	2011-03-10
	861 shs Profunds Rising Rates Opp Fd	P	2011-03-09	2011-03-11
	333 shs Profunds US Govt Plus	P	2011-03-11	2011-03-15
	887 shs Profunds Rising Rates Opp Fd	P	2011-03-15	2011-03-16
	94 shs Rydex NASDAQ 100 2X Strategy Fd	P	2011-01-06	2011-03-17
	336 shs Profunds US Govt Plus	P	2011-03-16	2011-03-17
	913 shs Profunds Rising Rates Opp Fd	P	2011-03-17	2011-03-21
	347 shs Profunds US Govt Plus	P	2011-03-21	2011-03-30
	887 shs Profunds Rising Rates Opp Fd	P	2011-03-30	2011-03-31
	341 shs Profunds US Govt Plus	P	2011-02-08	2011-04-04
	23 shs Federated Kaufmann Sm Cap Fd	P	2011-01-06	2011-04-04
	10 shs Rydex S&P500 Pure Growth Fd	P	2011-02-08	2011-04-05
	22 shs Fidelity Focused Stock Fd	P	2011-02-02	2011-04-05
	94 shs Franklin Small Cap Growth Fd	P	2011-03-02	2011-04-05
	830 shs Rydex NASDAQ 100 Fd Adv	P	2011-03-17	2011-04-05
	11241 shs Profunds Money Mkt FD	P	2011-04-05	2011-04-05
	347 shs Profunds US Govt Plus	P	2011-04-05	2011-04-07
	873 shs Profunds Rising Rates Opp Fd	P	2011-04-07	2011-04-08
	1069 shs Vanguard Total Bond Mkt Ind Fd	P	2011-01-06	2011-04-13
	14 shs Franklin Templeton Small Cap Value	P	2011-03-02	2011-04-13
	1 sh Vanguard Intermed Term Treasury Fd	P	2011-03-31	2011-04-13
	217 shs Oppenheimer Intl Bd Fd	P	2011-01-06	2011-04-13
	553 shs Pimco Foreign Bond Fd	P	2011-02-08	2011-04-13
	498 shs SEI Intl Trust Emerging Mkts Debt	P	2011-01-06	2011-04-13
	349 shs Profunds US Govt Plus	P	2011-04-08	2011-04-13
	99 shs Payden Emerging Mkt Bd Fd	P	2011-01-06	2011-04-13
	58 shs Profunds Rising Rates Opp Fd	P	2011-02-08	2011-04-13
	284 shs Pimco GNMA Fds	P	2011-01-04	2011-04-13
	2099 shs Rydex Money Mkt US Govt Adv	P	2011-03-07	2011-04-13
	320 shs Pimco Emerging Mkts Bd Fd	P	2011-01-06	2011-04-13
	97 shs Rydex NASDAQ 100 2X Strategy Fd	P	2011-04-05	2011-04-13
	47 shs John Hancock Sm Cap Equity Fd	P	2011-01-06	2011-04-13
	5 shs Profunds Mid Cap Value Fd	P	2011-04-11	2011-04-13
	4 shs Fidelity Value Fd	P	2011-04-05	2011-04-13
	97 shs Ridgeworth Small Cap Growth Opps Fd	P	2011-04-05	2011-04-13
	18 shs Nuveen Mid Cap Growth Opps Fd	P	2011-01-06	2011-04-13
	1 sh Gabelli Small Cap Growth Fd	P	2011-04-13	2011-05-10
	1 sh SSGA Small Cap Fd	P	2011-04-13	2011-05-10
	1 sh Transamerica Morgan Stanley Growth	P	2011-04-13	2011-05-10
	131 shs Rydex Money Mkt US Govt Adv	P	2011-04-13	2011-05-10
	12 shs Pimco Foreign Bond Fd	P	2011-02-08	2011-05-10
	40 shs Profunds Rising Rates Opp Fd	P	2011-02-08	2011-05-10
	1 sh Pimco GNMA Fds	P	2011-01-04	2011-05-10
	40 shs DWS Strategic Income Fund	P	2011-04-13	2011-05-10
	1 sh Profunds US Govt Plus	P	2011-04-13	2011-05-10
	1 sh Harbor International Fd	P	2011-04-13	2011-05-10
	1 sh Invesco Global Sm & Mid Cap Growth Fd	P	2011-04-13	2011-05-10
	1 sh Vanguard Total Bond Mkt Ind Fd	P	2011-01-06	2011-05-10
	9 shs Franklin Small Cap Growth Fd	P	2011-03-02	2011-05-10
	8 shs Marshall Mid Cap Multi-Mgr Fd	P	2011-04-13	2011-05-10
	5 shs ING Intl Small Cap Multi-Mgr Fd	P	2011-04-13	2011-05-10
	1 sh Vanguard Small-Cap Growth Index Fd	P	2011-04-13	2011-05-10
	20 shs Nuveen Small Cap Value Fd	P	2011-04-13	2011-05-10
	2 shs T Rowe Price Mid Cap Growth Fd	P	2011-04-13	2011-05-10
	1 sh Rydex Europe 1.25X Strategy	P	2011-04-13	2011-05-10
	3 shs Goldman Sachs Mid Cap Value Fd	P	2011-04-05	2011-05-10
	17 shs Calamos Global Growth & Income Fd	P	2011-04-05	2011-05-10
	2 shs CRM Mid Cap Value Fd	P	2011-04-05	2011-05-10
	1 sh Rydex S&P Smallcap 600 Pure Value Fd	P	2011-04-13	2011-05-10
	1 sh Rydex S&P 500 Pure Growth Fd	P	2011-04-13	2011-05-10
	1 sh Thornburg Income Builder Fd	P	2011-04-13	2011-05-10
	2 shs Sunamerica Focused Small-Cap Growth	P	2011-04-05	2011-05-10
	1 sh Weitz Hickory Fd	P	2011-04-13	2011-05-10
	2 shs DWS Global R E Sec Fd	P	2011-04-13	2011-05-10
	1 sh Rydex High Yield Strategy Fd	P	2011-04-13	2011-05-10
	62 shs John Hancock Floating Rate Income	P	2011-04-05	2011-05-10
	8 shs SSGA Emerging Mkts Fd	P	2011-04-13	2011-06-07
	6 shs Gabelli Small Cap Growth Fd	P	2011-04-05	2011-06-07
	1 sh SSGA Small Cap Fd	P	2011-04-05	2011-06-07
	20 shsTransamerica Morgan Stanley Growth	P	2011-04-13	2011-06-07
	66 shs Oppenheimer Intl Bd Fd	P	2011-04-13	2011-06-07
	13 shs Pimco Foreign Bond Fd	P	2011-04-13	2011-06-07
	51 shs SEI Intl Trust Emerging Mkts Debt	P	2011-04-13	2011-06-07
	34 shs Pimco Emerging Mkts Bd Fd	P	2011-04-05	2011-06-07
	18 shs Payden Emerging Mkt Bd Fd	P	2011-04-13	2011-06-07
	11 shs Pimco GNMA Fds	P	2011-04-13	2011-06-07
	6 shs Harbor International Fd	P	2011-05-17	2011-06-07
	9 shs ING Intl Small Cap Multi-Mgr Fd	P	2011-05-17	2011-06-07
	17 shs Calamos Global Growth & Income Fd	P	2011-05-17	2011-06-07
	1019 shs Direxion Evolution All Cap Equity	P	2011-04-13	2011-06-07
	1019 shs Direxion Evolution Managed Bd	P	2011-04-13	2011-06-07
	263 shs Direxion Evolution Market Leaders	P	2011-05-17	2011-06-07
	35 shs Franklin Natural Resources Fd	P	2011-04-13	2011-06-07
	22 shs Invesco Developing Market Leaders	P	2011-05-17	2011-06-07
	366 shs Oppenheimer Commodity Strategy Tot	P	2011-04-13	2011-06-07
	78 shs Pimco Commodity Real Return	P	2011-05-17	2011-06-07
	18 shs Rydex Precious Metals Fd Adv	P	2011-04-13	2011-06-07
	46 shs DWS Global R E Sec Fd	P	2011-04-13	2011-06-07
	25 shs Direxion Commodity Trends Strategy	P	2011-04-13	2011-06-07
	85 shs DWS Strategic Income Fund	P	2011-04-13	2011-06-07
	613 shs DWS High Income Fund	P	2011-04-13	2011-06-07
	218 shs Putnam Diversified Income Fund	P	2011-04-13	2011-06-07
	18 shs Invesco Global Sm & Mid Cap Growth	P	2011-04-13	2011-06-07
	11 shs Franklin Small Cap Growth Fd	P	2011-04-13	2011-06-07
	12 shs Calvert World Values Intl Equity Fd	P	2011-05-10	2011-06-07
	64 shs Pimco High Yield Fd	P	2011-04-13	2011-06-07
	7 shs Managers Bond Fd No-Load	P	2011-04-13	2011-06-07
	41 shs SEI Intl Equity Fd	P	2011-05-10	2011-06-07
	1 sh Vanguard Small-Cap Growth Index Fd	P	2011-05-10	2011-06-07
	41 shs Nuveen Small Cap Value Fd	P	2011-05-10	2011-06-07
	2 shs T Rowe Price Mid Cap Growth Fd	P	2011-04-13	2011-06-07
	30 shs Rydex Europe 1.25X Strategy	P	2011-04-13	2011-06-07
	3 shs Goldman Sachs Mid Cap Value Fd	P	2011-04-05	2011-06-07
	1 sh Managers Instl Micro-Cap Fd	P	2011-05-17	2011-06-07
	9 shs Wells Fargo Adv Mid Cap Disciplined	P	2011-04-13	2011-06-07
	6 shs Rydex/SGI Mid Cap Value Fd	P	2011-05-10	2011-06-07
	5 shs Rydex S&P Smallcap 600 Pure Value Fd	P	2011-05-10	2011-06-07
	22 shs Rydex S&P Smallcap 600 Pure Growth	P	2011-04-13	2011-06-07
	34 shs Rydex S&P Midcap 400 Pure Value Fd	P	2011-04-05	2011-06-07
	34 shs Rydex S&P Midcap 400 Pure Growth Fd	P	2011-04-05	2011-06-07
	Rydex S&P 500 Pure Growth Fd	P	2011-04-05	2011-06-07
	3 shs Thornburg Income Builder Fd	P	2011-04-13	2011-06-07
	54 shs Pioneer Strategic Income Fd	P	2011-04-05	2011-06-07
	8 shs Sunamerica Focused Small-Cap Growth	P	2011-04-05	2011-06-07
	8 shs Permanent Portfolio Fds	P	2011-04-05	2011-06-07
	47 shs Profunds Falling US Dollar Fd	P	2011-04-13	2011-06-07
	12 shs Nuveen Mid Cap Growth Opps Fd	P	2011-04-13	2011-06-07
	8 shs Weitz Hickory Fd	P	2011-04-13	2011-06-07
	23 shs DWS Global Thematic Fd	P	2011-04-05	2011-06-07
	220 shs Pioneer Global High Yield	P	2011-04-13	2011-06-07
	12 shs Rydex High Yield Strategy Fd	P	2011-04-13	2011-06-07
	177 shs Principal Preferred Securioties Fd	P	2011-04-13	2011-06-07
	24 shs Tributary Funds Floating Rate	P	2011-04-13	2011-06-07
	62 shs John Hancock Floating Rate Income	P	2011-04-13	2011-06-07
	30 shs Target Port Trust Sm Cap Value Fd	P	2011-05-10	2011-06-07
	575 shs Profunds Rising Rates Opp Fd	P	2011-05-10	2011-06-08
	5 shs ING Corp Leaders Trust Fd	P	2011-05-10	2011-06-09
	80 shs Keeley Small Cap Value Fd	P	2011-05-10	2011-06-14
	52 shs Profunds Small Cap Value Fd	P	2011-04-13	2011-06-14
	192 shs Profunds US Govt Plus	P	2011-05-10	2011-06-15
	124 shs Gabelli Value Fd	P	2011-05-10	2011-06-15
	158 shs Blackrock Small/Mid-Cap Growth Fd	P	2011-05-10	2011-06-16
	561 shs Profunds Rising Rates Opp Fd	P	2011-04-13	2011-06-21
	1235 shs Rydex Govt Long Bond 1.2X Strat	P	2011-05-10	2011-06-27
	183 shs Profunds US Govt Plus	P	2011-05-10	2011-06-27
	5968 shs Rydex Money Mkt US Govt Adv	P	2011-04-05	2011-06-29
	92 shs Rydex Inverse Mid Cap Strategy	P	2011-05-10	2011-06-29
	1288 shs Rydex Inverse Govt Long Bond	P	2011-05-10	2011-06-30
	561 shs Profunds Rising Rates Opp Fd	P	2011-05-10	2011-06-30
	29 shs Invesco Dynamics Fd	P	2011-06-07	2011-07-06
	36 shs John Hancock Sm Cap Equity Fd	P	2011-06-07	2011-07-06
	6 shs Fidelity Value Fd	P	2011-06-07	2011-07-08
	57 shs Ridgeworth Small Cap Growth Opps Fd	P	2011-06-07	2011-07-06
	67 shs Direxion Evolution Market Leaders	P	2011-05-10	2011-07-06
	38 shs Sentinel Mid Cap Fd	P	2011-05-10	2011-07-06
	9 shs CRM Mid Cap Value Fd	P	2011-05-10	2011-07-06
	198 shs Profunds US Govt Plus	P	2011-05-10	2011-07-06
	685 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-05-10	2011-07-07
	3 shs Rydex S&P 500 Pure Value Fd	P	2011-06-07	2011-07-07
	11 shs ING Corp Leaders Trust Fd	P	2011-06-07	2011-07-07
	570 shs Profunds Rising Rates Opp Fd	P	2011-07-06	2011-07-08
	131 shs Rydex NASDAQ 100 Fd Adv	P	2011-06-07	2011-07-01
	199 shs Profunds US Govt Plus	P	2011-07-08	2011-07-11
	2 shs CRM Mid Cap Value Fd	P	2011-05-10	2011-07-12
	105 shs Rydex S&P Smallcap 600 Pure Growth	P	2011-06-07	2011-07-12
	97 shs Rydex S&P Midcap 400 Pure Growth Fd	P	2011-06-07	2011-07-12
	376 shs Direxion Evolution Managed Bd Fd	P	2011-06-07	2011-07-12
	2 shs Victory Established Value Fd	P	2011-07-07	2011-07-12
	4 shs Eagle Small Cap Growth Fd	P	2011-07-06	2011-07-12
	65 shs Calvert Capital Accum Fd	P	2011-05-10	2011-07-12
	3 shs Wells Fargo Adv Growth Fd	P	2011-07-06	2011-07-12
	3 shs Fidelity Advisor Growth Opport Fd	P	2011-07-06	2011-07-12
	2 shs Oppenheimer Discovery Fd	P	2011-07-06	2011-07-12
	688 shs Direxion Evolution Alternative Inv	P	2011-05-10	2011-07-12
	212 shs Profunds Rising Rates Opp Fd	P	2011-07-06	2011-07-12
	378 shs Profunds Rising Rates Opp Fd	P	2011-07-06	2011-07-18
	125 shs Profunds US Govt Plus	P	2011-07-18	2011-07-19
	2 shs Nuveen Mid Cap Growth Opps Fd	P	2011-07-07	2011-07-12
	23 shs Rydex NASDAQ 100 2X Strategy Fd	P	2011-07-12	2011-07-12
	370 shs Profunds Rising Rates Opp Fd	P	2011-07-19	2011-07-25
	74 shs Direxion Evolution Market Leaders	P	2011-05-10	2011-07-26
	122 shs Profunds US Govt Plus	P	2011-07-25	2011-07-26
	359 shs Profunds Rising Rates Opp Fd	P	2011-07-26	2011-07-28
	120 shs Profunds US Govt Plus	P	2011-07-28	2011-08-01
	1119 shs Vanguard Total Bond Mkt Ind Fd	P	2011-05-10	2011-08-02
	3 shs Fidelity Advisor Growth Opport Fd	P	2011-07-06	2011-08-02
	924 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-05-10	2011-08-02
	5 shs Victory Established Value Fd	P	2011-07-06	2011-08-02
	3 shs Wells Fargo Adv Growth Fd	P	2011-07-06	2011-08-02
	4 shs CRM Mid Cap Value Fd	P	2011-07-06	2011-08-02
	5 shs Rydex S&P Midcap 400 Pure Growth Fd	P	2011-06-07	2011-08-02
	4 shs Nuveen Mid Cap Growth Opps Fd	P	2011-07-06	2011-08-02
	11090 shs Rydex Money Mkt US Govt Adv	P	2011-07-07	2011-08-02
	380 shs Profunds Rising Rates Opp Fd	P	2011-08-01	2011-08-03
	965 shs Rydex Inverse Govt Long Bond	P	2011-08-02	2011-08-03
	37 shs Rydex NASDAQ 100 2X Strategy Fd	P	2011-07-12	2011-08-04
	773 shs Rydex Inverse Govt Long Bond	P	2011-08-02	2011-08-05
	4 shs Gabelli Value Fd	P	2011-07-12	2011-08-09
	17 shs Pimco High Yield Fd	P	2011-06-07	2011-08-09
	23 shs Invesco Developing Market Leaders	P	2011-07-12	2011-08-09
	18 shs Franklin Natural Resources Fd	P	2011-07-12	2011-08-09
	18677 shs Rydex Money Mkt US Govt Adv	P	2011-08-03	2011-08-09
	23 shs Oppenheimer Intl Bd Fd	P	2011-06-07	2011-08-09
	19 shs Putnam Diversified Income Fund	P	2011-07-06	2011-08-09
	28 shs DWS High Income Fund	P	2011-07-12	2011-08-09
	86 shs Pimco Commodity Real Return	P	2011-07-12	2011-08-09
	193 shs Rydex Inverse Govt Long Bond	P	2011-08-03	2011-08-09
	1 sh Rydex S&P Smallcap 600 Pure Growth Fd	P	2011-06-07	2011-08-09
	431 shs Direxion Evolution Managed Bd Fd	P	2011-06-07	2011-08-09
	29 shs Direxion Commodity Trends Strategy	P	2011-07-12	2011-08-09
	1 sh Sunamerica Focused Small-Cap Growth	P	2011-07-12	2011-08-09
	266 shs Direxion Evolution Market Leaders	P	2011-04-13	2011-08-09
	1565 shs Rydex Govt Long Bond 1.2X	P	2011-04-13	2011-08-10
	1001 shs Rydex Inverse Govt Long Bond	P	2011-08-10	2011-08-11
	386 shs Rydex Inverse Govt Long Bond	P	2011-08-10	2011-08-12
	415 shs Rydex Inverse Govt Long Bond	P	2011-08-10	2011-08-12
	12638 shs Rydex Money Mkt US Govt Adv	P	2011-08-03	2011-08-15
	1006 shs Vanguard Total Bond Mkt Ind Fd	P	2011-05-10	2011-08-16
	4087 shs Profunds Money Mkt FD	P	2011-08-03	2011-08-23
	101 shs Profunds US Govt Plus	P	2011-08-23	2011-08-24
	441 shs Profunds Rising Rates Opp Fd	P	2011-08-24	2011-08-25
	155 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-08-15	2011-08-26
	4378 shs Profunds Money Mkt FD	P	2011-08-25	2011-08-30
	108 shs Profunds US Govt Plus	P	2011-08-30	2011-08-31
	13 shs SSGA Emerging Mkts Fd	P	2011-07-12	2011-09-02
	9 shs Oppenheimer Discovery Fd	P	2011-08-02	2011-09-02
	13 shs Wells Fargo Adv Mid Cap Disciplined	P	2011-08-02	2011-09-02
	5 shs Rydex S&P Midcap 400 Pure Growth Fd	P	2011-06-07	2011-09-02
	5 shs Nuveen Mid Cap Growth Opps Fd	P	2011-08-02	2011-09-02
	12 shs Eagle Small Cap Growth Fd	P	2011-08-02	2011-09-02
	84 shs Pimco Commodity Real Return	P	2011-08-09	2011-09-07
	48 shs DWS High Income Fund	P	2011-07-06	2011-09-07
	25 shs Pimco High Yield Fd	P	2011-08-09	2011-09-07
	6 shs Managers Bond Fd No-Load	P	2011-08-09	2011-09-07
	56 shs Franklin Hard Currency Port Fd	P	2011-07-12	2011-09-07
	140 shs DWS Enhanced Emerg Mkts Fixed Inc	P	2011-07-12	2011-09-07
	2 sh Rydex S&P Smallcap 600 Pure Growth Fd	P	2011-06-07	2011-09-07
	507 shs Direxion Evolution Managed Bd Fd	P	2011-06-07	2011-09-07
	15 shs Sunamerica Focused Small-Cap Growth	P	2011-08-09	2011-09-07
	45 shs Permanent Portfolio Fds	P	2011-07-12	2011-09-07
	1 sh Nuveen Mid Cap Growth Opps Fd	P	2011-08-02	2011-09-07
	138 shs Direxion Evolution Market Leaders	P	2011-04-13	2011-09-07
	139 shs Merk Hard Currency Fd	P	2011-07-12	2011-09-07
	375 shs DWS Global R E Sec Fd	P	2011-07-12	2011-09-07
	4464 shs Profunds Money Mkt Fd	P	2011-07-26	2011-09-09
	491 shs Profunds Rising Rates Opp Fd	P	2011-08-24	2011-09-12
	102 shs Pimco Foreign Bond Fd	P	2011-08-09	2011-09-13
	23 shs Pimco Long Duration Total Return Fd	P	2011-07-06	2011-09-13
	4396 shs Profunds Money Mkt Fd	P	2011-09-12	2011-09-13
	100 shs Profunds US Govt Plus	P	2011-09-13	2011-09-14
	472 shs Profunds Rising Rates Opp Fd	P	2011-09-14	2011-09-15
	97 shs Profunds US Govt Plus	P	2011-09-15	2011-09-16
	454 shs Profunds Rising Rates Opp Fd	P	2011-09-16	2011-09-19
	95 shs Profunds US Govt Plus	P	2011-09-19	2011-09-20
	4242 shs Profunds Money Mkt Fd	P	2021-09-20	2011-09-21
	95 shs Profunds US Govt Plus	P	2011-09-21	2011-09-22
	7 shsSSGA Emerging Mkts Fd	P	2011-09-02	2011-10-04
	103 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-08-15	2011-10-04
	1142 shs Vanguard Total Bond Mkt Ind Fd	P	2011-09-02	2011-10-04
	7 shs Wells Fargo Adv Emerging Markets	P	2011-09-02	2011-10-04
	1 sh Eagle Small Cap Growth Fd	P	2011-09-02	2011-10-04
	4922 shs Rydex Money Mkt US Govt Adv	P	2011-09-19	2011-10-05
	410 shs Rydex Inverse NASDAQ-100 Strategy	P	2011-10-05	2011-10-10
	5 shs Gabelli Value Fd	P	2011-09-02	2011-10-11
	30 shs Pimco Long Duration Total Return Fd	P	2011-09-02	2011-10-11
	7 shs Wells Fargo Adv Growth Fd	P	2011-09-02	2011-10-11
	4 shs MFS Intl Diversification Fd	P	2011-10-04	2011-10-11
	57 shs Franklin Hard Currency Port Fd	P	2011-09-02	2011-10-11
	18 shs Managers Bond Fd No-Load	P	2011-09-02	2011-10-11
	24 shs BMO Funfs Govt Inc Fd	P	2011-10-04	2011-10-11
	28 shs Pimco High Yield Fd	P	2011-10-04	2011-10-11
	29 shs Rydex Inverse NASDAQ-100 Strategy	P	2011-09-02	2011-10-11
	4 shs Gateway Fd	P	2011-09-02	2011-10-11
	43 shs SEI Instl Mgd Trust Core Fixed Inc	P	2011-09-02	2011-10-11
	4 shs Century Shares Trust	P	2011-09-02	2011-10-11
	873 shs Vanguard Total Bond Mkt Ind Fd	P	2011-09-02	2011-10-11
	15 shs Rydex Inverse S&P 500 Strategy	P	2011-09-02	2011-10-11
	55 shs DWS High Income Fd	P	2011-09-02	2011-10-11
	99 shs Direxion Evolution Market Leaders	P	2011-08-25	2011-10-11
	7 shs ING Corp Leaders Trust Fd	P	2011-09-02	2011-10-12
	14 shs Sunamerica Focused Div Strategic Fd	P	2011-10-04	2011-10-12
	174 shs Rydex Govt Long Term Bond 1.2X	P	2011-09-02	2011-10-12
	4929 shs Rydex Money Mkt US Govt Adv	P	2011-09-19	2011-10-14
	2140 shs Rydex Money Mkt US Govt Adv	P	2011-10-12	2011-10-17
	4428 shs Profunds Money Mkt Fd	P	2011-09-19	2011-10-19
	98 shs Profunds US Govt Plus	P	2011-10-19	2011-10-21
	2 shs Ridgeworth SEIX Floating Rate Hi Inc	P	2011-10-19	2011-10-25
	2 shs John Hancock Floating Rate Income Fd	P	2011-10-11	2011-10-25
	18 shs Profunds Rising Rates Opp Fd	P	2011-10-21	2011-10-25
	6 shs Rydex NASDAQ-100 Fd AdvGovt Long Bond	P	2011-10-17	2011-10-25
	483 shs Profunds Rising Rates Opp Fd	P	2011-10-21	2011-10-25
	97 shs Profunds US Govt Plus	P	2011-10-25	2011-10-26
	546 shs Rydex Govt Long Term Bond 1.2X	P	2011-10-17	2011-10-31
	8 shs Fidelity New Markets Income Fd	P	2011-10-11	2011-11-02
	59 shs Vanguard Total Bond Mkt Ind Fd	P	2011-09-02	2011-11-02
	359 shs Profunds Money Mkt Fd	P	2011-10-25	2011-11-02
	21 shs Rydex NASDAQ-100 Fd Adv	P	2011-10-17	2011-11-02
	30 shs Rydex Govt Long Term Bond 1.2X	P	2011-10-17	2011-11-02
	6 shs Rydex Precious Metals Fd Adv	P	2011-09-02	2011-11-02
	71 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-08-15	2011-11-02
	61 shs Direxion Evolution Market Leaders	P	2011-08-25	2011-11-02
	43 shs Direxion Evolution Alternative Fd	P	2011-08-25	2011-11-02
	3 shs Ridgeworth SEIX Floating Rate Hi Inc	P	2011-10-19	2011-11-02
	7 shs Nuveen High Yield Muni Bd Fd	P	2011-10-11	2011-11-02
	3 shs John Hancock Floating Rate Income Fd	P	2011-10-11	2011-11-02
	2 shs Permanent Portfolio Fds	P	2011-07-12	2011-11-02
	1 sh Profunds Rising Rates Opp Fd	P	2011-10-21	2011-11-02
	396 shs Rydex Money Mkt US Govt Adv	P	2011-10-12	2011-11-02
	3 shs MFS MFS Research Intl Fd	P	2011-10-04	2011-11-03
	4 shs MFS Intl Diversification Fd	P	2011-10-04	2011-11-03
	4054 shs Profunds Money Mkt FD	P	2011-11-26	2011-11-07
	410 shs Rydex Inverse S&P 500 Strategy	P	2011-07-02	2011-11-08
	5 shs Rydex Precious Metals Fd Adv	P	2011-09-02	2011-11-08
	6 shs Permanent Portfolio Fds	P	2011-07-12	2011-11-08
	33 shs Pimco Foreign Bond Fd	P	2011-10-04	2011-11-08
	38 shs Nuveen High Yield Muni Bd Fd	P	2011-10-11	2011-11-08
	481 sh Profunds Rising Rates Opp Fd	P	2011-10-21	2011-11-09
	90 shs Profunds US Govt Plus	P	2011-11-09	2011-11-10
	30 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-08-15	2011-11-15
	31 shs Vanguard Total Bond Mkt Ind Fd	P	2011-09-02	2011-11-15
	1 sh Vanguard Dividend Growth Fd	P	2011-10-11	2011-11-15
	1 shs Sunamerica Focused Div Strategic Fd	P	2011-10-04	2011-11-15
	594 shs Direxion Evolution Managed Bd Fd	P	2011-10-04	2011-11-15
	4195 shs Profunds Money Mkt Fd	P	2011-11-10	2011-11-15
	15 shs Rydex S&P 500 2X Strategy	P	2011-11-15	2011-11-16
	5 shs Rydex Russell 2000 2X Strategy	P	2011-11-15	2011-11-16
	4 shs Rydex NASDAQ-100 2X Strategy	P	2011-11-15	2011-11-16
	670 shs Rydex Money Mkt US Govt Adv	P	2011-11-16	2011-11-18
	496 shs Rydex Money Mkt US Govt Adv	P	2011-11-16	2011-11-18
	10 shs Rydex S&P 500 2X Strategy	P	2011-11-15	2011-11-21
	2 shs Rydex NASDAQ-100 2X Strategy	P	2011-11-15	2011-11-21
	320 shs Rydex NASDAQ-100 Fd Adv	P	2011-10-17	2011-11-21
	3 shs Rydex Russell 2000 2X Strategy	P	2011-11-15	2011-11-21
	1058 Metropolitan West HighYield Bd	P	2011-11-15	2011-11-22
	754 shs Rydex Money Mkt US Govt Adv	P	2011-11-16	2011-11-22
	392 shs Direxion Evolution Market Leaders	P	2011-10-04	2011-11-22
	755 shs Rydex Money Mkt US Govt Adv	P	2011-11-21	2011-11-22
	997 shs Rydex Money Mkt US Govt Adv	P	2011-11-21	2011-11-22
	1970 shs Rydex Money Mkt US Govt Adv	P	2011-11-21	2011-11-23
	13 shs Rydex NASDAQ-100 2X Strategy	P	2011-11-15	2011-11-25
	62 shs Rydex S&P 500 2X Strategy	P	2011-11-15	2011-11-25
	16 shs Rydex Russell 2000 2X Strategy	P	2011-11-15	2011-11-25
	506 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-08-15	2011-11-25
	5911 shs Rydex Money Mkt US Govt Adv	P	2011-11-21	2011-11-25
	522 shs Rydex Money Mkt US Govt Adv	P	2011-11-25	2011-11-29
	387 shs Rydex Money Mkt US Govt Adv	P	2011-11-25	2011-11-29
	387 shs Rydex Money Mkt US Govt Adv	P	2011-11-25	2011-11-29
	118 shs Rydex Money Mkt US Govt Adv	P	2011-11-29	2011-11-30
	101 shs Rydex Money Mkt US Govt Adv	P	2011-11-29	2011-11-30
	101 shs Rydex Money Mkt US Govt Adv	P	2011-11-29	2011-11-30
	34 shs Rydex Inverse S&P 500 Strategy	P	2011-11-30	2011-12-01
	133 shs Rydex Inverse NASDAQ-100 2X	P	2011-11-30	2011-12-01
	98 shs Rydex Inverse Russell 2000 2X	P	2011-11-30	2011-12-01
	17 shs Rydex S&P 500 2X Strategy	P	2011-11-15	2011-12-02
	4 shs Rydex NASDAQ-100 2X Strategy	P	2011-11-15	2011-12-02
	4 shs Rydex Russell 2000 2X Strategy	P	2011-11-15	2011-12-02
	1 sh Vanguard Dividend Growth Fd	P	2011-10-11	2011-12-02
	1 sh Fidelity Adv Growth Opport Fd	P	2011-08-15	2011-12-02
	1 shs Sunamerica Focused Div Strategic Fd	P	2011-10-04	2011-12-02
	1 shs Wells Fargo Adv Growth Fd	P	2011-09-02	2011-12-02
	10469 shs Profunds Money Mkt Fd	P	2011-11-29	2011-12-02
	1658 shs Rydex Inverse Govt Long Bond	P	2011-11-25	2011-12-02
	4418 shs Rydex Money Mkt US Govt Adv	P	2011-11-29	2011-12-05
	1622 shs Rydex Money Mkt US Govt Adv	P	2011-11-29	2011-12-06
	1030 shs Rydex Govt Long Bond 1.2X	P	2011-12-02	2011-12-06
	51 shs Pimco Foreign Bond Fd	P	2011-10-04	2011-12-06
	39 shs Nuveen High Yield Muni Bd Fd	P	2011-10-11	2011-12-06
	55 shs Fidelity New Markets Income Fd	P	2011-11-22	2011-12-06
	10488 shs Profunds Money Mkt Fd	P	2011-12-02	2011-12-07
	22 shs Rydex Precious Metals Fd Adv	P	2011-09-02	2011-12-07
	19 shs Rydex S&P 500 2X Strategy	P	2011-11-15	2011-12-07
	4 shs Rydex NASDAQ-100 2X Strategy	P	2011-11-15	2011-12-07
	5 shs Rydex Russell 2000 2X Strategy	P	2011-11-15	2011-12-07
	1542 shs Rydex Inverse Govt Long Bond	P	2011-12-02	2011-12-07
	887 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-12-02	2011-12-12
	315 shs Rydex NASDAQ-100 Fd Adv	P	2011-10-17	2011-12-12
	1972 shs Rydex Money Mkt US Govt Adv	P	2011-12-02	2011-12-13
	1519 shs Rydex Inverse Govt Long Bond	P	2011-12-02	2011-12-07
	993 shs Rydex Govt Long Bond 1.2X Strategy	P	2011-12-13	2011-12-14
	999 shs Rydex Money Mkt US Govt Adv	P	2011-12-12	2011-12-15
	999 shs Rydex Money Mkt US Govt Adv	P	2011-12-12	2011-12-15
	1338 shs Rydex Money Mkt US Govt Adv	P	2011-12-12	2011-12-15
	1972 shs Rydex Money Mkt US Govt Adv	P	2011-12-12	2011-12-16
	660 shs Rydex Money Mkt US Govt Adv	P	2011-12-12	2011-12-19
	504 shs Rydex Money Mkt US Govt Adv	P	2011-12-12	2011-12-19
	504 shs Rydex Money Mkt US Govt Adv	P	2011-12-12	2011-12-19
	2009 shs Rydex Inverse Govt Long Bond	P	2011-12-02	2011-12-20
	41 shs Rydex S&P 500 2X Strategy	P	2011-11-15	2011-12-21
	9 shs Rydex NASDAQ-100 2X Strategy	P	2011-11-15	2011-12-21
	11 shs Rydex Russell 2000 2X Strategy	P	2011-11-15	2011-12-21
	5 shs Rydex Russell 2000 2X Strategy	P	2011-11-15	2011-12-23
	21 shs Rydex S&P 500 2X Strategy	P	2011-11-15	2011-12-23
	4 shs Rydex NASDAQ-100 2X Strategy	P	2011-11-15	2011-12-23
	1024 shs Rydex Money Mkt US Govt Adv	P	2011-12-20	2011-12-28
	1371 shs Rydex Money Mkt US Govt Adv	P	2011-12-20	2011-12-28
	1024 shs Rydex Money Mkt US Govt Adv	P	2011-12-20	2011-12-28
	81 shs Rydex Inverse S&P 500 Strategy	P	2011-11-30	2011-12-29
	76 shs Rydex Inverse NASDAQ-100 2X	P	2011-11-30	2011-12-29
	63 shs Rydex Inverse Russell 2000 2X	P	2011-11-30	2011-12-29

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	10,379	10,427	-48
b	10,446	10,379	67
c	4	4
d	10,364	10,446	-82
e	1,675	1,657	18
	10,050	10,220	-170
	10,089	10,050	39
	10,404	10,495	-91
	10,309	10,404	-95
	10,439	10,309	130
	10,635	10,439	196
	10,754	10,635	119
	722	745	-23
	382	369	13
	383	372	11
	912	903	9
	881	882	-1
	731	745	-14
	10,905	10,754	151
	2,472	2,421	51
	3,873	3,895	-22
	1,626	1,637	-11
	1,510	1,532	-22
	1,624	1,638	-14
	1,720	1,738	-18
	5,637	5,410	227
	11,485	11,864	-379
	11,280	11,485	-205
	11,699	11,796	-97
	11,472	11,703	-231
	11,686	11,699	-13
	334	336	-2
	361	259	102
	371	370	1
	11,686	11,686
	335	335
	2	2
	11,423	11,445	-22
	2,543	2,368	175
	11,458	11,423	35
	3,336	3,385	-49
	1,610	1,610
	1	1
	2	2
	11,280	11,458	-178
	2,588	2,588
	10,910	11,280	-370
	10,820	10,910	-90
	11,114	11,327	-213
	11,169	12,062	-893
	11,279	11,157	122
	11,352	11,279	73
	11,297	11,584	-287
	11,199	11,297	-98
	11,241	11,204	37
	616	675	-59
	321	311	10
	322	311	11
	1,193	1,136	57
	11,825	11,169	656
	11,241	11,241
	11,207	11,474	-267
	11,233	11,207	26
	11,270	11,259	11
	644	634	10
	1	1
	1,438	1,541	-103
	5,733	5,753	-20
	5,593	5,555	38
	11,306	11,233	73
	1,414	1,426	-12
	1,316	1,338	-22
	3,249	3,224	25
	2,099	2,099
	3,560	3,564	-4
	12,511	12,918	-407
	1,241	1,202	39
	240	245	-5
	288	293	-5
	1,623	1,674	-51
	834	805	29
	3	3
	10	10
	5	5
	131	131
	130	125	5
	874	937	-63
	5	54	-49
	193	194	-1
	3	3
	5	5
	11	11
	12	12
	399	416	-17
	111	113	-2
	213	207	6
	10	12	-2
	257	248	9
	128	125	3
	1	1
	110	112	-2
	190	190
	56	60	-4
	1	1
	2	2
	2	2
	34	33	1
	6	6
	13	14	-1
	6	6
	593	600	-7
	184	187	-3
	217	222	-5
	27	28	-1
	237	242	-5
	446	438	8
	132	135	-3
	584	572	12
	377	370	7
	253	258	-5
	133	135	-2
	364	360	4
	370	372	-2
	185	188	-3
	3,017	3,086	-69
	17,565	17,125	440
	3,701	3,742	-41
	1,424	1,491	-67
	727	744	-17
	1,411	1,491	-80
	743	750	-7
	1,314	1,491	-177
	362	362
	739	750	-11
	410	406	4
	2,995	3,016	-21
	1,786	1,720	66
	364	344	20
	488	509	-21
	181	182	-1
	605	560	45
	189	191	-2
	377	360	17
	27	28	-1
	494	490	4
	117	115	2
	421	418	3
	108	96	12
	18	18
	207	209	-2
	188	170	18
	81	84	-3
	753	760	-7
	1,002	998	4
	1,401	1,419	-18
	82	75	7
	184	175	9
	597	602	-5
	116	103	13
	364	366	-2
	1,190	1,120	70
	572	575	-3
	320	308	12
	560	540	20
	2,364	2,373	-9
	261	263	-2
	1,819	1,788	31
	351	360	-9
	589	591	-2
	645	652	-7
	6,736	6,777	-41
	114	117	-3
	1,993	2,060	-67
	2,009	2,111	-102
	6,653	6,662	-9
	1,970	1,970
	2,046	2,033	13
	6,491	6,482	9
	15,072	14,888	184
	6,489	6,350	139
	5,968	5,928	40
	1,900	1,888	12
	15,523	15,440	83
	6,736	6,680	56
	730	690	40
	967	924	43
	471	457	14
	993	924	69
	960	961	-1
	725	690	35
	282	270	12
	6,737	6,737
	8,079	8,056	23
	243	265	-22
	241	233	8
	6,815	6,837	-22
	1,921	1,819	102
	6,932	6,815	117
	53	60	-7
	3,856	3,845	11
	4,315	4,207	108
	6,485	6,317	168
	55	56	-1
	153	155	-2
	2,142	2,052	90
	112	112
	113	115	-2
	153	155	-2
	11,174	11,340	-166
	2,447	2,542	-95
	4,387	4,532	-145
	4,329	4,387	-58
	75	71	4
	3,113	3,113
	4,291	4,329	-38
	1,054	1,062	-8
	4,226	4,291	-65
	4,187	4,226	-39
	4,311	4,187	124
	12,157	11,962	195
	110	114	-4
	11,546	10,962	584
	124	132	-8
	110	116	-6
	124	132	-8
	207	207
	201	211	-10
	11,091	11,091
	4,087	4,311	-224
	10,635	10,982	-347
	4,748	5,152	-404
	8,193	8,797	-604
	54	66	-12
	157	163	-6
	670	757	-87
	619	748	-129
	18,677	18,677
	149	150	-1
	147	150	-3
	126	135	-9
	725	753	-28
	2,033	2,196	-163
	21	26	-5
	7,497	7,372	125
	733	757	-24
	15	20	-5
	3,277	3,819	-542
	21,413	21,407	6
	10,195	10,535	-340
	4,140	4,062	78
	4,352	4,361	-9
	12,638	12,639	-1
	11,040	10,758	282
	4,087	4,087
	4,215	4,291	-76
	4,378	4,215	163
	2,164	2,119	45
	4,378	4,376	2
	4,464	4,348	116
	272	253	19
	517	570	-53
	281	297	-16
	191	207	-16
	206	225	-19
	451	502	-51
	753	715	38
	221	235	-14
	222	225	-3
	170	169	1
	569	571	-2
	1,476	1,495	-19
	64	76	-12
	8,988	8,674	314
	200	189	11
	2,198	2,160	38
	57	68	-11
	1,788	1,978	-190
	1,790	1,761	29
	2,656	2,990	-334
	4,464	4,464
	4,396	4,680	-284
	1,094	1,082	12
	276	267	9
	4,396	4,396
	4,313	4,396	-83
	4,266	4,313	-47
	4,178	4,266	-88
	4,137	4,178	-41
	4,242	4,127	115
	4,242	4,242
	4,428	4,242	186
	122	165	-43
	1,731	1,422	309
	12,644	12,502	142
	128	159	-31
	42	55	-13
	4,922	4,922
	4,749	4,921	-172
	79	79
	359	356	3
	223	238	-15
	53	44	9
	553	578	-25
	465	480	-15
	242	243	-1
	242	242
	340	378	-38
	105	101	4
	476	481	-5
	69	64	5
	9,514	9,554	-40
	443	460	-17
	241	266	-25
	1,267	1,387	-120
	150	145	5
	156	146	10
	2,688	2,394	294
	4,929	4,929
	2,140	2,140
	4,428	4,428
	4,377	4,428	-51
	13	13
	16	15	1
	157	155	2
	93	94	-1
	4,271	4,223	48
	4,413	4,271	142
	7,958	8,209	-251
	123	124	-1
	657	629	28
	359	359
	297	299	-2
	486	451	35
	468	528	-60
	1,255	1,134	121
	793	858	-65
	646	694	-48
	28	28
	109	108	1
	31	30	1
	115	115
	21	22	-1
	396	396
	45	41	4
	45	49	-4
	4,054	4,054
	813	897	-84
	385	402	-17
	289	285	4
	289	354	-65
	567	563	4
	4,087	4,208	-121
	4,195	4,087	108
	462	407	55
	339	337	2
	10	10
	11	11
	10,455	10,574	-119
	4,195	4,195
	500	495	5
	688	669	19
	506	495	11
	670	670
	496	496
	245	260	-15
	241	260	-19
	4,396	4,537	-141
	333	346	-13
	10,357	10,537	-180
	755	755
	4,943	5,025	-82
	755	755
	997	997
	1,970	1,970
	1,385	1,617	-232
	1,379	1,602	-223
	1,782	2,112	-330
	8,361	6,962	1,399
	5,911	5,911
	522	522
	387	387
	387	387
	118	118
	101	101
	101	101
	444	486	-42
	455	493	-38
	566	642	-76
	443	449	-6
	461	475	-14
	556	564	-8
	9	9
	17	18	-1
	8	8
	15	15
	10,469	10,469
	14,968	14,272	696
	4,418	4,418
	1,622	1,622
	16,279	16,062	217
	565	532	33
	578	580	-2
	865	866	-1
	10,488	10,488
	1,634	1,833	-199
	503	499	4
	500	510	-10
	660	641	19
	13,889	13,920	-31
	13,748	13,828	-80
	4,450	4,490	-40
	1,972	1,972
	13,581	13,713	-132
	15,791	15,602	189
	999	999
	999	999
	1,338	1,338
	1,972	1,972
	660	660
	504	504
	504	504
	17,015	17,035	-20
	1,043	1,094	-51
	1,040	1,092	-52
	1,423	1,434	-11
	731	727	4
	537	540	-3
	517	555	-38
	1,024	1,024
	1,371	1,371
	1,024	1,024
	1,049	554	495
	1,047	855	192
	1,426	918	508

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			-48
b			67
c
d			-82
e			18
			-170
			39
			-91
			-95
			130
			196
			119
			-23
			13
			11
			9
			-1
			-14
			151
			51
			-22
			-11
			-22
			-14
			-18
			227
			-379
			-205
			-97
			-231
			-13
			-2
			102
			1



			-22
			175
			35
			-49



			-178

			-370
			-90
			-213
			-893
			122
			73
			-287
			-98
			37
			-59
			10
			11
			57
			656

			-267
			26
			11
			10

			-103
			-20
			38
			73
			-12
			-22
			25

			-4
			-407
			39
			-5
			-5
			-51
			29




			5
			-63
			-49
			-1




			-17
			-2
			6
			-2
			9
			3

			-2

			-4



			1

			-1

			-7
			-3
			-5
			-1
			-5
			8
			-3
			12
			7
			-5
			-2
			4
			-2
			-3
			-69
			440
			-41
			-67
			-17
			-80
			-7
			-177

			-11
			4
			-21
			66
			20
			-21
			-1
			45
			-2
			17
			-1
			4
			2
			3
			12

			-2
			18
			-3
			-7
			4
			-18
			7
			9
			-5
			13
			-2
			70
			-3
			12
			20
			-9
			-2
			31
			-9
			-2
			-7
			-41
			-3
			-67
			-102
			-9

			13
			9
			184
			139
			40
			12
			83
			56
			40
			43
			14
			69
			-1
			35
			12

			23
			-22
			8
			-22
			102
			117
			-7
			11
			108
			168
			-1
			-2
			90

			-2
			-2
			-166
			-95
			-145
			-58
			4

			-38
			-8
			-65
			-39
			124
			195
			-4
			584
			-8
			-6
			-8

			-10

			-224
			-347
			-404
			-604
			-12
			-6
			-87
			-129

			-1
			-3
			-9
			-28
			-163
			-5
			125
			-24
			-5
			-542
			6
			-340
			78
			-9
			-1
			282

			-76
			163
			45
			2
			116
			19
			-53
			-16
			-16
			-19
			-51
			38
			-14
			-3
			1
			-2
			-19
			-12
			314
			11
			38
			-11
			-190
			29
			-334

			-284
			12
			9

			-83
			-47
			-88
			-41
			115

			186
			-43
			309
			142
			-31
			-13

			-172

			3
			-15
			9
			-25
			-15
			-1

			-38
			4
			-5
			5
			-40
			-17
			-25
			-120
			5
			10
			294



			-51

			1
			2
			-1
			48
			142
			-251
			-1
			28

			-2
			35
			-60
			121
			-65
			-48

			1
			1

			-1

			4
			-4

			-84
			-17
			4
			-65
			4
			-121
			108
			55
			2


			-119

			5
			19
			11


			-15
			-19
			-141
			-13
			-180

			-82



			-232
			-223
			-330
			1,399







			-42
			-38
			-76
			-6
			-14
			-8

			-1



			696


			217
			33
			-2
			-1

			-199
			4
			-10
			19
			-31
			-80
			-40

			-132
			189







			-20
			-51
			-52
			-11
			4
			-3
			-38



			495
			192
			508

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	-1,814
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	-1,814

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	4,320	102,531	0.042134
2009	6,073	83,174	0.073016
2008	5,434	114,647	0.047398
2007	6,239	133,379	0.046776
2006	4,692	128,526	0.036506

2	Total of line 1, column (d) ......................	2	0.245830
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	0.049166
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	93,065
5	Multiply line 4 by line 3.......................	5	4,576
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7	4,576
8	Enter qualifying distributions from Part XII, line 4..............	8	4,951
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	0
	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
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
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	126
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	374
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	500
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	500
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax500	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?........

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

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

instructions) bullet

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

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

Yes

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

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

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

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

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

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

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

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

Yes

Website address bullet

N/A

The books are in care of bullet

Dr Bill Codner Telephone no. bullet

(801) 224-4799

Located at bullet

209 N State Street StOremUT ZIP+4 bullet

84057

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
Dr William Bogus	Chairman 1.00	125
2319 Highland Salt Lake City,UT84106	Chairman 1.00	125
Dr Bill Codner	Sec/Treas 1.00	125
209 N State St Orem,UT84057	Sec/Treas 1.00	125
Dr David Maihdas	Director 0.50	75
160 S 1000 East Salt Lake City,UT84102	Director 0.50	75
Dr James Sargent	Director 0.50	75
2400 W 7800 South West Jordan,UT84088	Director 0.50	75
Dr Dane Dansie	Director 0.50	75
4360 Washington Blvd Ogden,UT84403	Director 0.50	75

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
NONE

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2011)

Page 7

Part IX-B

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

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


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

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

Part X

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

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

purposes:

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

91,698

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

2,784

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

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

94,482

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

94,482

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

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

1,417

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

93,065

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

4,653

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

4,653

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

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

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

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

4,653

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

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

4,653

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

4,653

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 ..........

4,951

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

4,951

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

4,951

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)

	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7		4,653
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......	5,028
b Total for prior years:2007, 2008, 2009
3 Excess distributions carryover, if any, to 2011:
a From 2006.......
b From 2007.......
c From 2008.......
d From 2009.......
e From 2010.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2011 from Part
XII, line 4: $ 4,951
a Applied to 2010, but not more than line 2a	5,028
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.....		77
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2011.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...
e Undistributed income for 2010. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........
f Undistributed income for 2011. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........		4,576
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2007....
b Excess from 2008....
c Excess from 2009....
d Excess from 2010....
e Excess from 2011....

Form 990-PF (2011)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2011, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

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

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

Part XV

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

1Information Regarding Foundation Managers:

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

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

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

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

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

cAny submission deadlines:

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

Form 990-PF (2011)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
Opportunity Foundation of America 7166 Villandrie Lane Salt Lake City,UT84121	N/A	Public Charity	Life Eyes Project	4,257
Total ................................. 3a				4,257

bApproved for future payment

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

Form 990-PF (2011)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments
4 Dividends and interest from securities....			14	1,531
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	-1,814
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)..				-283

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

13-283

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2011)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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

	Signature of officer or trustee	Date	Title

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

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Stock	End of Year Book Value	End of Year Fair Market Value
DIAMOND HILL LONG-SHORT FD CLASS A	692	692
DIREXION EVOLUTION ALT INV FD	7,384	6,889
DIREXION EVOLUTION MKT LEADERS FD	3,694	3,748
DIREXION EVOLUTION MANAGED BD FD INV	13,279	13,319
DOUBLEINE TOTAL RETURN BD FD INSTL	737	733
FIDELITY ADV GROWTH OPPORTUNITIES FD	141	145
FIDELITY NEW MARKETS INC FD RETAIL CL	291	299
GATEWAY FD CLASS A	696	700
PERKINS MED CAP VALUE FD CLASS T	38	34
JOHN HANCOCK FLOATING RATE INC FD	434	443
BMO FDS GOVT INC FD CLASS Y	760	732
NUVEEN HIGH YIELD BD FD CLASS I	449	454
NUVEEN MID CAP GROWTH OPPS FD CLASS I	84	75
OPPENHEIMER COOMODITY STRATEGY TOT RET FD	597	551
PIMCO HIGH YIELD FD CLASS A	10,509	10,556
PIMCO FOREIGN BD FD CLASS A	1,772	1,765
PERMANENT PORTFOLIO FDS	1,298	1,237
PIMCO FOREIGN BD FD INSTL CLASS	307	299
PIMCO COMMODITY REAL RETURN STRATEGY FD	638	527
PIMCO INCOME FD INST CLASS	306	299
PROFUNDS RISING US DOLLAR FD SVC CLASS	448	460
RIDGEWORTH SEIX FLOATING RATE HI INC FD	434	444
RYDEX INVERSE S&P 500 STRATEGY INVESTOR CLASS	1,272	1,134
RYDEX MONEY MKT US GOVT ADVISOR CLASS	11,805	11,805
RYDEX S&P MIDCAP 400 PURE GROWTH FUND CLASS H	76	76
RYDEX GOVT LONG BOND 1.2X STRATEGY ADVISOR	19,436	19,085
RYDEX PRECIOUS METALS FD ADVISOR CLASS	634	518
RYDEX/SGI MULTI-HEDGE STRATEGIES FD H CLASS	697	692
SEI INSTL MGD TRUST CORE FIXED INCOME PORT	738	734
RYDEX/SGI MID CAP VALUE FD CLASS A	37	35
SUNAMERICA FOCUSDE DIV STRATEGIC FD CLASS A	103	116
VANGUARD DIVIDEND GROWTH FD INV CL	102	114
VANGUARD TOTAL BD MKT INDEX FD INV CL	7,571	7,608
WELLS FARGO ADV GROWTH FD CLASS A	140	144