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 09-01-2011 , and ending 08-31-2012

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

Amended returnAddress changeName change

Name of foundation
TW JN MCEACHERN - UNIV OF GA

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044 Room/suite

City or town, state, and ZIP code
CHARLOTTE, NC28288

A Employer identification number

58-6093589

B Telephone number (see page 10 of the instructions)

(336) 747-8185

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

$4,236,393J 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)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	136,714		134,412
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		87,073
b	Gross sales price for all assets on line 6a 1,746,066
7	Capital gain net income (from Part IV, line 2)...			87,073
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	223,787		221,485
13	Compensation of officers, directors, trustees, etc.	51,567		38,675		12,892
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		4,340	0	0	4,340
c	Other professional fees (attach schedule)....		1,235	1,235		0
17	Interest...............					0
18	Taxes (attach schedule) (see page 14 of the instructions)		8,473	1,588		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		77			77
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	65,692		41,498	0	17,309
25	Contributions, gifts, grants paid........	108,010				108,010
26	Total expenses and disbursements. Add lines 24 and 25	173,702		41,498	0	125,319
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	50,085
b	Net investment income (if negative, enter -0-)			179,987
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...............
	2	Savings and temporary cash investments..........	44,130	254,301	254,301
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	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 0
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)		102,210	105,060
	b	Investments—corporate stock (attach schedule)........	259,838	2,089,673	2,001,540
	c	Investments—corporate bonds (attach schedule)........		159,802	169,467
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	3,897,674	1,645,006	1,706,025
	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)	4,201,642	4,250,992	4,236,393
	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.........	4,201,642	4,250,992
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	4,201,642	4,250,992
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	4,201,642	4,250,992

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	4,201,642
2	Enter amount from Part I, line 27a.....................	2	50,085
3	Other increases not included in line 2 (itemize)	3	6,495
4	Add lines 1, 2, and 3..........................	4	4,258,222
5	Decreases not included in line 2 (itemize)	5	7,230
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	4,250,992

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	19. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009		2010-05-17	2012-07-25
b	17. ABBOTT LABS W/RIGHTS ATTACHED EXP 11/10/2009		2010-05-17	2012-08-13
c	21. ABERCROMBIE & FITCH CO CL A		2011-11-04	2012-02-27
d	7. AETNA INC-NEW COM		2010-03-16	2012-02-27
e	.4 AIR LIQUIDE ADR FRANCE ADR		2012-03-14	2012-07-02
	6. ALLEGHENY TECHNOLOGIES INC COM		2010-05-04	2011-09-22
	5. ALLEGHENY TECHNOLOGIES INC COM		2010-05-07	2011-10-04
	12. ALLEGHENY TECHNOLOGIES INC COM		2010-10-18	2011-10-04
	17. ALLERGAN INC COM W/RIGHTS ATTACHED EXP 2/18/2010		2010-10-29	2012-07-31
	10. ALLIANT TECHSYSTEMS INC COM W/RTS ATTACHED EXP 09/28/2000		2010-05-07	2012-05-30
	5. AMAZON COM INC COM		2010-03-15	2011-10-26
	3. AMAZON COM INC COM		2011-08-23	2011-10-26
	3. AMAZON COM INC COM		2010-03-15	2011-11-22
	30. AMERICAN ELEC PWR CO INC COM		2011-05-23	2012-01-20
	21. AMERICAN EXPRESS CO COM		2011-10-24	2012-04-30
	2000. AMER EXPRESS CREDIT 7.300% 8/20/13		2012-03-15	2012-08-10
	2. APPLE COMPUTER INC COM		2010-03-15	2012-04-17
	1. APPLE COMPUTER INC COM		2010-03-15	2012-04-20
	2. APPLE COMPUTER INC COM		2010-03-15	2012-07-25
	1989.06 ARTISAN MID CAP VALUE FUND #1464		2010-03-05	2012-01-10
	17093.138 ARTIO INTERNATIONAL EQ FD 3# 1529		2009-02-05	2012-03-09
	45. BG GROUP PLC- SPON ADR ISIN US0554342032		2011-04-20	2012-05-17
	15. BAKER HUGHES INC COM		2011-01-28	2011-09-28
	25. BEST BUY INC COM		2011-01-10	2011-11-01
	12. BIOGEN IDEC INC		2010-06-04	2011-10-20
	2. BIOGEN IDEC INC		2012-02-01	2012-04-20
	4. BOEING CO COM		2010-06-10	2011-09-22
	10. BOEING CO COM		2010-06-10	2011-09-27
	4. BORG WARNER INC COM		2011-12-06	2012-05-15
	173. BOSTON SCIENTIFIC CORP COM		2010-03-16	2012-05-29
	34. BRISTOL-MYERS SQUIBB CO COM		2011-06-10	2011-10-12
	4. CME GROUP INC		2010-12-03	2011-10-24
	42. CA INC		2011-02-07	2012-01-31
	10. CA INC		2011-02-07	2012-02-27
	11. CA INC		2011-04-25	2012-02-27
	14. CA INC		2011-05-19	2012-05-07
	10. CA INC		2011-04-25	2012-05-07
	16. CABELAS INC		2012-03-13	2012-05-01
	501. CAL DIVE INTERNATIONAL INC		2011-08-23	2012-01-04
	13. CAMERON INT'L CORP COM		2011-08-16	2012-02-27
	16. CAMERON INT'L CORP COM		2011-06-22	2012-04-10
	37. CANADIAN NAT RES LTD COM CN$		2010-03-15	2011-10-05
	47. CANON INC ADR REPSTG 5 SHS		2012-03-14	2012-07-31
	27. CARNIVAL CORP PAIRED CTF 1 COM		2012-03-14	2012-05-08
	130. CHINA RESOURCES ENTER-SP ADR		2012-03-14	2012-04-02
	35. CINCINNATI FINL CORP COM		2011-06-10	2012-02-03
	19. CITI TRENDS INC		2011-09-26	2012-06-19
	2. CITRIX SYS INC COM		2010-03-15	2011-12-27
	8. CITRIX SYS INC COM		2010-07-27	2012-01-26
	1. COACH INC COM W/RTS ATTACHED EXP 5/2/2011		2010-03-15	2011-12-27
	4. COACH INC COM W/RTS ATTACHED EXP 5/2/2011		2010-03-15	2012-02-21
	16. COACH INC COM W/RTS ATTACHED EXP 5/2/2011		2010-03-15	2012-06-07
	9. COCA-COLA CO COM		2011-05-19	2011-12-23
	16. COCA-COLA CO COM		2011-06-22	2012-02-09
	5.99958 COGNIZANT TECH SOLUTIONS CRP COM		2012-01-10	2012-05-18
	4.00042 COGNIZANT TECH SOLUTIONS CRP COM		2012-01-10	2012-05-18
	19. COGNIZANT TECH SOLUTIONS CRP COM		2012-01-10	2012-06-11
	34. CONSOLIDATED EDISON INC COM		2011-06-10	2012-01-05
	1. DANAHER CORP COM		2011-05-17	2011-12-27
	7304.602 DODGE & COX INCOME FD COM		2009-02-05	2012-03-09
	16. DOLBY LABORATORIES INC		2011-08-19	2012-04-27
	24. DOLBY LABORATORIES INC		2011-08-19	2012-05-07
	6. DOLBY LABORATORIES INC		2011-11-02	2012-06-12
	28. DOMINION RES INC VA NEW COM		2011-06-10	2011-11-10
	30. DOMINION RES INC VA NEW COM		2011-06-10	2012-01-05
	7. DRESSER-RAND GROUP INC		2011-10-20	2012-01-31
	25. DRESSER-RAND GROUP INC		2011-10-20	2012-05-08
	3. EOG RES INC COM		2010-10-13	2011-09-22
	2. EOG RES INC COM		2011-12-06	2012-03-02
	4. EOG RES INC COM		2011-12-06	2012-04-24
	5. EOG RES INC COM		2010-10-13	2012-06-18
	7. EOG RES INC COM		2010-10-13	2012-06-21
	33. EDISON INTL COM		2010-06-04	2011-10-13
	3. EDWARDS LIFESCIENCES CORP COM		2011-12-27	2012-06-18
	3. EDWARDS LIFESCIENCES CORP COM		2011-12-27	2012-06-20
	6. EDWARDS LIFESCIENCES CORP COM		2012-04-16	2012-06-26
	16. EDWARDS LIFESCIENCES CORP COM		2012-04-16	2012-08-14
	178. ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN A G SPONSORED ADR		2012-03-14	2012-07-09
	63. EXELIS INC		2010-11-03	2012-05-25
	6000. FED HOME LN MTG CORP 4.375% 7/17/15		2012-03-14	2012-07-11
	11124.05 FNMA POOL #745418 5.500% 4/01/36		2012-03-27	2012-04-19
	383.05 FNMA POOL #745418 5.500% 4/01/36		2012-03-27	2012-04-25
	295.32 FNMA POOL #AD6432 4.500% 6/01/40		2012-05-09	2012-06-25
	299.78 FNMA POOL #AD6432 4.500% 6/01/40		2012-05-09	2012-07-25
	288.46 FNMA POOL #AD6432 4.500% 6/01/40		2012-05-09	2012-08-25
	381.12 FNMA POOL #AE0215 4.000% 12/01/39		2012-04-19	2012-05-25
	337.34 FNMA POOL #AE0215 4.000% 12/01/39		2012-04-19	2012-06-25
	384.32 FNMA POOL #AE0215 4.000% 12/01/39		2012-04-19	2012-07-25
	494.49 FNMA POOL #AE0215 4.000% 12/01/39		2012-04-19	2012-08-25
	42. FIFTH THIRD BANCORP COM		2012-03-13	2012-06-01
	105. FORMFACTOR INC		2011-07-11	2012-01-05
	95. FORMFACTOR INC		2011-07-11	2012-01-06
	51. FORMFACTOR INC		2011-08-29	2012-01-09
	8. FREEPORT MCMORAN COPPER & GOLD CL B W/RTS ATTACHED EXP 5/3/2010		2010-10-29	2011-09-22
	32. FREEPORT MCMORAN COPPER & GOLD CL B W/RTS ATTACHED EXP 5/3/2010		2010-10-29	2011-09-28
	14. GILEAD SCIENCES INC COM		2011-07-21	2011-09-28
	10. GILEAD SCIENCES INC COM		2012-02-03	2012-05-09
	1752.848 GOLDMAN SACHS GROWTH OPPORTUNITIES INSTITUTIONAL SHARES		2010-03-05	2012-01-10
	2. GOOGLE INC CL A		2011-02-14	2012-01-11
	1. GOOGLE INC CL A		2011-02-11	2012-04-30
	1928.64 HARBOR FD SMALL CAP VALUE FD		2005-08-16	2012-01-10
	1299.63 HARBOR FD SMALL CAP VALUE FD		2005-08-16	2012-03-09
	12. HASBRO INC COM		2012-03-13	2012-06-06
	11. HASBRO INC COM		2012-03-13	2012-06-07
	118. HOLOGIC INC		2010-07-30	2012-05-07
	6. ITT INDS INC COM		2010-04-14	2011-10-20
	.5 ITT CORP		2010-04-14	2011-11-28
	31. ITT CORP		2010-11-03	2012-05-08
	4. ILLUMINA INC COM		2011-04-29	2011-10-04
	9. ILLUMINA INC COM		2011-04-29	2011-12-09
	6. ILLUMINA INC COM		2011-01-12	2012-01-26
	9. ILLUMINA INC COM		2011-03-16	2012-08-22
	26. INTEL CORP COM		2011-05-19	2011-11-04
	11. INTEL CORP COM		2011-05-19	2012-07-12
	39. INTEL CORP COM		2011-05-23	2012-07-13
	25. INTL FLAVORS & FRAGRANCES INC COM		2010-03-16	2011-09-26
	17. JP MORGAN CHASE & CO COM		2012-03-02	2012-05-07
	45. JP MORGAN CHASE & CO COM		2011-12-05	2012-06-11
	8. JOHNSON & JOHNSON COM		2011-07-20	2011-11-04
	11. JOHNSON & JOHNSON COM		2011-07-20	2011-12-02
	5. JOHNSON & JOHNSON COM		2011-05-12	2012-03-19
	20. JOHNSON & JOHNSON COM		2011-06-24	2012-04-18
	43. JUNIPER NETWORKS INC COM		2011-03-04	2012-04-25
	6. KIMBERLY-CLARK CORP COM		2011-09-30	2011-12-06
	1. KIMBERLY-CLARK CORP COM		2011-09-30	2011-12-27
	14. KIMBERLY-CLARK CORP COM		2011-09-30	2012-01-09
	15. KIMBERLY-CLARK CORP COM		2011-06-10	2012-07-25
	17. KIMBERLY-CLARK CORP COM		2011-06-10	2012-08-13
	12. KINDER MORGAN MANAGEMENT LLC COM		2012-03-13	2012-05-01
	.5936 KINDER MORGAN MANAGEMENT LLC COM		2012-03-13	2012-06-06
	9. KINDER MORGAN MANAGEMENT LLC COM		2012-03-13	2012-06-06
	33. KNOLL INC		2012-03-13	2012-06-06
	30. KNOLL INC		2012-03-13	2012-06-07
	6. KOHLS CORP COM		2011-09-29	2011-12-09
	22. KOHLS CORP COM		2011-09-29	2012-05-16
	7. KRISPY KREME DOUGHNUTS, INC 3/02/12		2009-04-17	2012-03-09
	7. KROGER CO COM		2010-03-16	2011-10-12
	49. KROGER CO COM		2010-06-04	2011-11-08
	3. KROGER CO COM		2011-07-06	2011-12-27
	22. KROGER CO COM		2011-07-06	2012-01-20
	46. KROGER CO COM		2011-07-06	2012-02-09
	15. LABORATORY CORP AMER HLDGS COM NEW		2010-03-16	2011-09-23
	3.99978 LAS VEGAS SANDS CORP		2011-08-04	2011-10-04
	1.00022 LAS VEGAS SANDS CORP		2011-08-04	2011-10-04
	11. LAS VEGAS SANDS CORP		2011-08-04	2011-11-28
	1. LAS VEGAS SANDS CORP		2011-06-07	2011-12-27
	10. LAS VEGAS SANDS CORP		2011-06-07	2012-01-24
	5. LAS VEGAS SANDS CORP		2012-02-03	2012-03-02
	9. LAS VEGAS SANDS CORP		2012-05-10	2012-06-26
	12. LAUDER ESTEE COS INC CL A		2011-08-15	2012-07-12
	14. LAUDER ESTEE COS INC CL A		2011-08-11	2012-07-17
	32. LEGG MASON INC COM		2010-03-16	2012-05-29
	9. LORILLARD INC		2011-10-03	2012-01-31
	10. MARSH & MCLENNAN COS INC COM		2010-03-18	2011-10-12
	41. MARSH & MCLENNAN COS INC COM		2010-03-16	2011-11-01
	15. MCDONALDS CORP COM		2011-06-10	2012-01-05
	10. MCDONALDS CORP COM		2011-05-26	2012-04-19
	11. MCDONALDS CORP COM		2011-05-26	2012-05-08
	4. MEAD JOHNSON NUTRITION CO		2010-03-15	2011-09-30
	7. MEAD JOHNSON NUTRITION CO		2012-06-12	2012-07-11
	8. MEAD JOHNSON NUTRITION CO		2010-03-15	2012-07-11
	14. MEAD JOHNSON NUTRITION CO		2010-03-15	2012-07-16
	50. METROPCS COMMUNICATIONS INC		2011-10-14	2012-02-27
	18. MICROSOFT CORP COM		2011-08-18	2011-12-02
	6. MONSANTO CO NEW COM		2012-04-12	2012-08-23
	30. MOTOROLA SOLUTIONS, INC.		2010-03-16	2011-10-20
	3. NATIONAL OILWELL INC COM		2011-07-27	2012-03-02
	5. NATIONAL OILWELL INC COM		2011-07-27	2012-04-24
	1. NATIONAL OILWELL INC COM		2011-03-18	2012-05-09
	13. NATIONAL OILWELL INC COM		2011-03-18	2012-05-09
	10. NETAPP INC		2012-03-27	2012-05-18
	37. NETAPP INC		2012-03-27	2012-06-11
	1. NETFLIX.COM INC COM		2011-07-26	2011-09-15
	7. NETFLIX.COM INC COM		2010-08-06	2011-09-29
	3. NETFLIX.COM INC COM		2011-11-04	2012-01-26
	12. NETFLIX.COM INC COM		2011-11-04	2012-06-01
	97. NEW YORK CMNTY BANCORP INC COM		2011-06-10	2011-11-10
	11. OCCIDENTAL PETE CORP COM		2012-02-03	2012-06-11
	11. ORACLE CORP COM		2010-09-28	2012-03-13
	6. ORACLE CORP COM		2011-09-22	2012-03-13
	41. ORACLE CORP COM		2010-09-28	2012-03-26
	23. ORACLE CORP COM		2010-04-13	2012-06-22
	16. OWENS & MINOR INC NEW COM		2012-03-13	2012-06-06
	17. OWENS & MINOR INC NEW COM		2012-03-13	2012-06-07
	16324.627 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD II INSTL CL		2009-12-28	2012-01-26
	18604.651 PIMCO FDS PAC INVT MGMT SER TOTAL RETURN FD II INSTL CL		2008-09-03	2012-03-09
	3552.398 PIMCO EMERG MKTS BD-INST #137		2007-03-30	2012-01-10
	5119.454 PIMCO EMERG MKTS BD-INST #137		2007-03-30	2012-03-09
	46. PEOPLE'S UNITED FINANCIAL INC		2010-04-13	2011-10-12
	23. PEOPLE'S UNITED FINANCIAL INC		2010-03-16	2011-12-16
	23.00056 PEOPLE'S UNITED FINANCIAL INC		2010-03-16	2012-05-31
	35.99944 PEOPLE'S UNITED FINANCIAL INC		2010-03-16	2012-05-31
	16. PEPSICO INC COM		2011-05-19	2011-12-01
	1. PEPSICO INC COM		2011-06-22	2011-12-27
	7. PHILIP MORRIS INTERNATIONAL IN		2011-06-10	2012-04-11
	28. PHILIP MORRIS INTERNATIONAL IN		2011-06-10	2012-07-25
	23. PHILLIPS 66		2010-03-12	2012-05-03
	.5 PHILLIPS 66		2011-06-10	2012-05-22
	4. PIONEER NAT RES CO COM W/RIGHTS ATTACHED EXP 7/31/2011		2010-03-16	2012-01-31
	4. PIONEER NAT RES CO COM W/RIGHTS ATTACHED EXP 7/31/2011		2010-03-16	2012-02-27
	11. PIONEER NAT RES CO COM W/RIGHTS ATTACHED EXP 7/31/2011		2010-03-16	2012-04-09
	11. PRAXAIR INC COM		2011-08-30	2012-08-28
	1. PRECISION CASTPARTS CORP COM W/RIGHTS ATTACHED EXPIRING		2010-10-21	2011-12-27
	5. PROCTER & GAMBLE CO COM		2011-05-17	2011-09-27
	13. PROCTER & GAMBLE CO COM		2011-06-22	2011-10-27
	3. PROCTER & GAMBLE CO COM		2010-03-15	2011-12-05
	5. PROCTER & GAMBLE CO COM		2011-06-22	2011-12-05
	9. PROCTER & GAMBLE CO COM		2011-06-10	2012-04-11
	5. PROCTER & GAMBLE CO COM		2010-03-15	2012-06-20
	54. PROGRESS ENERGY INC COM		2011-06-10	2011-10-12
	7. QUEST DIAGNOSTICS INC COM		2010-03-16	2011-11-01
	6. QUEST DIAGNOSTICS INC COM		2010-03-16	2012-06-12
	6. RAYTHEON CO COM		2011-05-24	2011-10-28
	17. RAYTHEON CO COM		2011-05-24	2011-12-06
	20. REPUBLIC SVCS INC COM		2010-03-16	2011-10-13
	35. REPUBLIC SVCS INC COM		2011-08-22	2011-12-07
	5. ROCKWELL INTL CORP NEW COM		2011-12-07	2012-04-25
	6. ROCKWELL INTL CORP NEW COM		2011-12-07	2012-06-26
	18. ROCKWELL INTL CORP NEW COM		2012-01-10	2012-07-18
	14. ROCKWELL COLLINS-WI COM		2011-05-20	2011-11-01
	14. ROCKWELL COLLINS-WI COM		2010-03-23	2012-02-27
	12. ROCKWELL COLLINS-WI COM		2011-05-20	2012-02-27
	3232.759 ROWE T PRICE REAL ESTATE FD COM		2007-03-30	2012-01-10
	1731.602 ROYCE PREMIER FUND W CLASS #566		2008-08-28	2012-03-09
	13. SAFEWAY INC COM NEW		2010-03-16	2011-11-01
	25. SAFEWAY INC COM NEW		2010-03-16	2011-12-16
	24. SAFEWAY INC COM NEW		2010-03-16	2012-01-31
	44. SAFEWAY INC COM NEW		2010-03-16	2012-03-26
	1. SALESFORCE COM INC		2011-12-06	2012-04-19
	7. SALESFORCE COM INC		2011-12-06	2012-07-30
	7. SANDISK CORP COM W/RTS ATTACHED EXP 04/28/2007		2012-03-05	2012-04-30
	8. SANDISK CORP COM W/RTS ATTACHED EXP 04/28/2007		2012-03-05	2012-05-17
	12. SANDISK CORP COM W/RTS ATTACHED EXP 04/28/2007		2011-12-06	2012-06-26
	1. SCHLUMBERGER LTD COM		2011-02-04	2011-12-27
	1. SCHLUMBERGER LTD COM		2011-12-01	2012-03-02
	2. SCHLUMBERGER LTD COM		2011-02-04	2012-03-02
	15. SCOTTS CO CL A		2011-06-24	2011-11-02
	16. SIGMA ALDRICH CORP COM		2011-07-07	2012-04-17
	55. SMART TECHNOLOGIES INC - A		2011-05-17	2012-01-18
	158. SMART TECHNOLOGIES INC - A		2011-05-19	2012-01-19
	78. SMART TECHNOLOGIES INC - A		2011-05-19	2012-01-20
	30. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN		2011-05-19	2011-11-01
	88. STAPLES INC COM W/INVISIBLE RTS TO PUR SHS UNDER CERTAIN		2011-07-29	2011-12-16
	5. STARBUCKS CORP COM		2010-09-27	2012-02-21
	5. STARWOOD HOTELS & RESORTS WORLDWIDE		2011-01-26	2011-11-22
	6. STARWOOD HOTELS & RESORTS WORLDWIDE		2011-01-26	2012-04-25
	10. STARWOOD HOTELS & RESORTS WORLDWIDE		2011-01-26	2012-05-18
	2. STARWOOD HOTELS & RESORTS WORLDWIDE		2011-01-26	2012-06-26
	3. STARWOOD HOTELS & RESORTS WORLDWIDE		2012-02-03	2012-06-26
	6. STERICYCLE INC COM		2011-08-22	2012-03-21
	26. STURM RUGER & CO INC COM		2012-03-13	2012-05-01
	2425.876 TCW GALILEO FDS INC SMALL CAP GROWTH FD		2010-03-05	2012-03-09
	150. TELEFONICA S A SPONSORED ADR		2011-06-10	2012-05-18
	34. TEREX CORP NEW COM		2011-10-14	2012-01-31
	17. TEREX CORP NEW COM		2011-09-26	2012-03-15
	32. TEVA PHARMACEUTICAL INDS LTD ADR		2010-04-14	2011-10-13
	12. 3M CO COM		2010-06-10	2011-12-05
	32. TIME WARNER INC		2011-05-20	2012-03-26
	33. TREDEGAR CORPORATION COM W/RIGHTS ATTACHED EXP 6/30/2009		2012-03-13	2012-05-01
	3. TYSON FOODS INC COM CL A		2011-06-28	2011-12-27
	9. TYSON FOODS INC COM CL A		2012-05-09	2012-07-17
	42. UDR INC REITS		2012-03-13	2012-06-06
	41. UDR INC REITS		2012-03-13	2012-06-07
	7. UNDER ARMOUR INC		2012-04-20	2012-08-27
	6. UNION PAC CORP COM		2011-10-07	2012-03-20
	7000. US TREASURY NOTES 4.875% 8/15/16		2012-04-16	2012-05-02
	1. UNITED TECHNOLOGIES CORP COM		2010-03-15	2011-12-27
	6. UNITED TECHNOLOGIES CORP COM		2010-03-15	2012-02-03
	7. UNITED TECHNOLOGIES CORP COM		2010-03-15	2012-04-23
	17. UNITEDHEALTH GRP INC COM		2010-10-25	2011-11-07
	1. UNITEDHEALTH GRP INC COM		2010-03-15	2011-12-27
	12. UNITEDHEALTH GRP INC COM		2010-03-15	2012-02-03
	13. VCA ANTECH INC COM		2011-10-13	2012-06-13
	3. V F CORP COM W/RTS ATTACHED EXP 01/25/2008		2010-04-22	2011-09-15
	2. V F CORP COM W/RTS ATTACHED EXP 01/25/2008		2010-04-22	2011-11-04
	2. V F CORP COM W/RTS ATTACHED EXP 01/25/2008		2010-10-28	2012-02-21
	14. VALERO ENERGY CORP NEW COM		2010-09-16	2012-01-31
	55. VALERO ENERGY CORP NEW COM		2010-09-16	2012-06-12
	359.712 VANGUARD INFLAT-PROT SECS-ADM #5119		2008-08-28	2012-01-10
	2838.893 VANGUARD INFLAT-PROT SECS-ADM #5119		2008-08-28	2012-03-09
	476.067 VANGUARD INSTL INDEX FD		2008-07-30	2011-12-29
	338.066 VANGUARD INSTL INDEX FD		2008-07-30	2012-01-11
	1985.072 VANGUARD INSTL INDEX FD		2008-07-30	2012-03-09
	21. VENTAS INC-COM		2012-04-11	2012-08-13
	7. VERIFONE SYSTEMS, INC.		2011-11-02	2012-04-20
	14. VERIFONE SYSTEMS, INC.		2011-09-19	2012-04-27
	27. WAL MART STORES INC COM		2011-06-23	2011-12-06
	13. WAL MART STORES INC COM		2011-10-04	2012-01-05
	37. WAL-MART DE MEXICO S A DE C V SPONSORED ADR REPSTG SER V SHS		2012-03-14	2012-04-24
	36. WAL-MART DE MEXICO S A DE C V SPONSORED ADR REPSTG SER V SHS		2012-03-14	2012-05-09
	7. WATERS CORP COM		2011-07-26	2011-12-09
	17. WATERS CORP COM		2011-07-26	2012-01-10
	38. WISCONSIN ENERGY CORP COM		2010-03-16	2011-10-13
	8. YUM! BRANDS INC COM		2011-05-26	2011-09-30
	4. YUM! BRANDS INC COM		2011-05-26	2012-02-03
	10. YUM! BRANDS INC COM		2011-05-26	2012-07-05
	9. YUM! BRANDS INC COM		2011-05-26	2012-07-13
	2. COVIDIEN PLC		2010-03-15	2011-12-27
	7. INGERSOLL-RAND PLC		2011-10-13	2012-02-27
	8. SINA.COM SHS		2011-01-13	2011-09-29
	6. GARMIN LTD		2011-08-22	2012-03-15
	31. GARMIN LTD		2011-08-22	2012-05-31
	28. TYCO INTERNATIONAL LTD NEW		2010-03-16	2011-10-13
	1. TYCO INTERNATIONAL LTD NEW		2011-06-29	2011-12-27
	25. TYCO INTERNATIONAL LTD NEW		2011-06-29	2012-02-14
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,213	920	293
b	1,119	823	296
c	1,008	1,283	-275
d	326	220	106
e	9	9
	237	307	-70
	162	254	-92
	388	566	-178
	1,442	1,070	372
	497	778	-281
	1,005	650	355
	603	566	37
	562	390	172
	1,225	1,156	69
	1,260	1,052	208
	2,134	2,172	-38
	1,216	444	772
	575	222	353
	1,141	444	697
	40,000	36,201	3,799
	182,726	185,000	-2,274
	894	1,133	-239
	745	1,006	-261
	654	888	-234
	1,208	591	617
	256	245	11
	234	254	-20
	635	636	-1
	300	298	2
	1,017	1,232	-215
	1,118	941	177
	1,067	1,244	-177
	1,073	1,047	26
	271	249	22
	298	266	32
	367	323	44
	262	241	21
	613	569	44
	1,309	2,714	-1,405
	724	624	100
	798	762	36
	1,095	1,318	-223
	1,577	2,146	-569
	852	863	-11
	887	1,017	-130
	1,164	1,021	143
	289	229	60
	125	97	28
	518	385	133
	62	38	24
	300	152	148
	987	606	381
	627	615	12
	1,086	1,074	12
	361	418	-57
	241	279	-38
	1,116	1,311	-195
	2,019	1,769	250
	48	54	-6
	100,000	86,998	13,002
	635	510	125
	1,076	765	311
	252	185	67
	1,430	1,346	84
	1,544	1,442	102
	365	331	34
	1,185	1,184	1
	235	296	-61
	227	207	20
	417	413	4
	476	494	-18
	620	691	-71
	1,253	1,066	187
	301	213	88
	306	213	93
	610	410	200
	1,569	1,055	514
	1,580	2,141	-561
	648	753	-105
	6,696	6,715	-19
	12,217	12,209	8
	383	420	-37
	295	317	-22
	300	322	-22
	288	310	-22
	381	403	-22
	337	357	-20
	384	407	-23
	494	523	-29
	535	594	-59
	543	976	-433
	486	874	-388
	264	431	-167
	262	381	-119
	1,040	1,436	-396
	559	603	-44
	495	539	-44
	40,000	36,810	3,190
	1,253	1,248	5
	606	619	-13
	40,000	39,248	752
	28,020	26,447	1,573
	418	426	-8
	385	391	-6
	2,027	1,974	53
	259	334	-75
	10	11	-1
	681	610	71
	154	285	-131
	255	615	-360
	319	396	-77
	377	587	-210
	619	607	12
	273	257	16
	987	899	88
	1,427	1,131	296
	711	678	33
	1,504	1,523	-19
	511	530	-19
	697	726	-29
	325	330	-5
	1,271	1,307	-36
	904	1,577	-673
	423	429	-6
	74	71	3
	1,016	982	34
	1,250	977	273
	1,404	1,107	297
	904	920	-16
	41	46	-5
	625	690	-65
	415	520	-105
	386	473	-87
	305	290	15
	1,027	1,045	-18
		1	-1
	159	157	2
	1,138	1,049	89
	74	76	-2
	525	556	-31
	1,088	1,131	-43
	1,182	1,123	59
	147	183	-36
	37	46	-9
	494	509	-15
	44	41	3
	480	408	72
	285	259	26
	384	466	-82
	603	559	44
	718	647	71
	829	942	-113
	972	1,028	-56
	276	245	31
	1,232	1,005	227
	1,485	1,216	269
	949	825	124
	1,028	907	121
	280	207	73
	547	527	20
	625	414	211
	1,033	725	308
	597	458	139
	454	445	9
	514	472	42
	1,336	885	451
	247	241	6
	390	402	-12
	68	78	-10
	872	1,014	-142
	341	464	-123
	1,102	1,645	-543
	175	255	-80
	772	783	-11
	346	271	75
	739	1,085	-346
	1,183	1,501	-318
	928	1,113	-185
	329	301	28
	180	173	7
	1,186	1,084	102
	641	603	38
	457	481	-24
	488	511	-23
	175,000	168,122	6,878
	200,000	190,512	9,488
	40,000	39,156	844
	60,000	56,428	3,572
	562	756	-194
	289	359	-70
	268	359	-91
	420	562	-142
	1,027	1,150	-123
	66	69	-3
	612	473	139
	2,441	1,890	551
	718	544	174
	16	16
	393	213	180
	460	213	247
	1,173	587	586
	1,155	1,085	70
	165	135	30
	317	338	-21
	844	860	-16
	194	190	4
	323	321	2
	597	584	13
	301	317	-16
	2,719	2,519	200
	382	398	-16
	331	342	-11
	262	299	-37
	773	848	-75
	567	579	-12
	947	982	-35
	378	387	-9
	383	464	-81
	1,186	1,367	-181
	757	865	-108
	836	927	-91
	716	741	-25
	60,000	80,834	-20,834
	36,000	31,377	4,623
	248	324	-76
	518	624	-106
	537	599	-62
	893	1,098	-205
	161	125	36
	881	872	9
	260	355	-95
	260	404	-144
	433	604	-171
	69	89	-20
	77	76	1
	155	185	-30
	702	773	-71
	1,154	1,164	-10
	218	541	-323
	649	1,488	-839
	321	555	-234
	427	498	-71
	1,250	1,428	-178
	243	131	112
	226	309	-83
	346	371	-25
	512	618	-106
	101	124	-23
	151	169	-18
	513	484	29
	1,496	1,113	383
	72,000	60,332	11,668
	1,874	3,517	-1,643
	699	409	290
	440	189	251
	1,245	1,973	-728
	975	934	41
	1,189	1,179	10
	575	658	-83
	63	57	6
	138	174	-36
	1,088	1,095	-7
	1,062	1,068	-6
	389	352	37
	668	533	135
	8,246	8,250	-4
	74	72	2
	487	431	56
	557	503	54
	770	565	205
	51	32	19
	615	387	228
	270	222	48
	372	259	113
	274	173	101
	292	170	122
	339	242	97
	1,245	950	295
	10,000	9,000	1,000
	80,000	71,030	8,970
	55,000	55,947	-947
	40,000	39,730	270
	250,000	233,286	16,714
	1,335	1,160	175
	377	290	87
	758	531	227
	1,580	1,427	153
	770	681	89
	1,043	1,203	-160
	914	1,170	-256
	523	676	-153
	1,269	1,333	-64
	1,194	960	234
	389	446	-57
	255	223	32
	650	558	92
	577	502	75
	92	101	-9
	276	205	71
	582	680	-98
	281	190	91
	1,329	979	350
	1,232	1,040	192
	47	49	-2
	1,224	1,196	28
			6

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			293
b			296
c			-275
d			106
e
			-70
			-92
			-178
			372
			-281
			355
			37
			172
			69
			208
			-38
			772
			353
			697
			3,799
			-2,274
			-239
			-261
			-234
			617
			11
			-20
			-1
			2
			-215
			177
			-177
			26
			22
			32
			44
			21
			44
			-1,405
			100
			36
			-223
			-569
			-11
			-130
			143
			60
			28
			133
			24
			148
			381
			12
			12
			-57
			-38
			-195
			250
			-6
			13,002
			125
			311
			67
			84
			102
			34
			1
			-61
			20
			4
			-18
			-71
			187
			88
			93
			200
			514
			-561
			-105
			-19
			8
			-37
			-22
			-22
			-22
			-22
			-20
			-23
			-29
			-59
			-433
			-388
			-167
			-119
			-396
			-44
			-44
			3,190
			5
			-13
			752
			1,573
			-8
			-6
			53
			-75
			-1
			71
			-131
			-360
			-77
			-210
			12
			16
			88
			296
			33
			-19
			-19
			-29
			-5
			-36
			-673
			-6
			3
			34
			273
			297
			-16
			-5
			-65
			-105
			-87
			15
			-18
			-1
			2
			89
			-2
			-31
			-43
			59
			-36
			-9
			-15
			3
			72
			26
			-82
			44
			71
			-113
			-56
			31
			227
			269
			124
			121
			73
			20
			211
			308
			139
			9
			42
			451
			6
			-12
			-10
			-142
			-123
			-543
			-80
			-11
			75
			-346
			-318
			-185
			28
			7
			102
			38
			-24
			-23
			6,878
			9,488
			844
			3,572
			-194
			-70
			-91
			-142
			-123
			-3
			139
			551
			174

			180
			247
			586
			70
			30
			-21
			-16
			4
			2
			13
			-16
			200
			-16
			-11
			-37
			-75
			-12
			-35
			-9
			-81
			-181
			-108
			-91
			-25
			-20,834
			4,623
			-76
			-106
			-62
			-205
			36
			9
			-95
			-144
			-171
			-20
			1
			-30
			-71
			-10
			-323
			-839
			-234
			-71
			-178
			112
			-83
			-25
			-106
			-23
			-18
			29
			383
			11,668
			-1,643
			290
			251
			-728
			41
			10
			-83
			6
			-36
			-7
			-6
			37
			135
			-4
			2
			56
			54
			205
			19
			228
			48
			113
			101
			122
			97
			295
			1,000
			8,970
			-947
			270
			16,714
			175
			87
			227
			153
			89
			-160
			-256
			-153
			-64
			234
			-57
			32
			92
			75
			-9
			71
			-98
			91
			350
			192
			-2
			28

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	87,073
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	125,682	4,178,709	0.030077
2009	159,991	3,761,162	0.042538
2008	205,879	3,269,698	0.062966
2007
2006

2	Total of line 1, column (d) ......................	2	0.135581
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	0.045194
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	4,063,631
5	Multiply line 4 by line 3.......................	5	183,652
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,800
7	Add lines 5 and 6.........................	7	185,452
8	Enter qualifying distributions from Part XII, line 4..............	8	125,319
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	3,600
	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	0
3	Add lines 1 and 2............................	3	3,600
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	3,600
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	5,334
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	5,334
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	1,734
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax1,734	Refunded	11	0

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?

Website address bullet

The books are in care of bullet

Wells Fargo Bank NA
Charitable Tax Telephone no. bullet

(336) 747-8185

Located at bullet

1 W 4TH STREET - 6TH FLOORWINSTON SALEMNC ZIP+4 bullet

271013818

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
Wells Fargo Bank NA	Trustee 40	51,567
1525 W WT Harris Blvd D1114-044 Charlotte,NC282881161	Trustee 40	51,567

2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions). If none, enter “NONE.”
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

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

3,955,013

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

170,501

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

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

4,125,514

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

4,125,514

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

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

61,883

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

4,063,631

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

203,182

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

203,182

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

3,600

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

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

3,600

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

199,582

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

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

199,582

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

199,582

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 ..........

125,319

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

125,319

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

125,319

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					199,582
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......				59,181
b Total for prior years:2009, 20, 20			0
3 Excess distributions carryover, if any, to 2011:
a From 2006.......	0
b From 2007.......	0
c From 2008.......	0
d From 2009.......	0
e From 2010.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2011 from Part
XII, line 4: $ 125,319
a Applied to 2010, but not more than line 2a				59,181
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)			0
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...		0
d Applied to 2011 distributable amount.....					66,138
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2011.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount—see page 27 of the instructions ...			0
e Undistributed income for 2010. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........				0
f Undistributed income for 2011. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........					133,444
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........		0
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............		0
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2007....	0
b Excess from 2008....	0
c Excess from 2009....	0
d Excess from 2010....	0
e Excess from 2011....	0

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
UNIVERSITY OF GEORGIA FOUNDATION 394 S MILLEDGE AVE SUITE 100 ATHENS,GA30605	NONE	PUBLIC EXEMPT	GENERAL SUPPORT	108,010
Total ................................. 3a				108,010

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	136,714
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	87,073
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)..				223,787

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

13223,787

(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

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	4,340			4,340

Name of Bond	End of Year Book Value	End of Year Fair Market Value
00206RAM4 AT&T INC	2,368	2,454
037411AZ8 APACHE CORP	2,073	2,145
172967FF3 CITIGROUP INC	2,173	2,237
19416QDZ0 COLGATE-PALMOLIVE CO	1,975	2,031
20030NBB6 COMCAST CORP	2,449	2,628
244199BC8 DEERE & COMPANY	2,322	2,331
29379VAV5 ENTERPRISE PRODUCTS	2,209	2,304
36962G3P7 GENERAL ELEC CAP COR	2,200	2,428
38141GFM1 GOLDMAN SACHS GROUP	2,167	2,274
404280AK5 HSBC HOLDINGS PLC	2,186	2,301
46625HHS2 JPMORGAN CHASE & CO	2,075	2,217
50075NBA1 KRAFT FOODS INC	2,293	2,404
59018YN64 MERRILL LYNCH & CO	2,201	2,333
655044AF2 NOBLE ENERGY INC	2,048	2,162
78010XAG6 ROYAL BK OF SCOTLAND	2,047	2,099
786514BS7 SAFEWAY INC	1,990	1,890
88732JAW8 TIME WARNER CABLE IN	2,200	2,314
92343VAM6 VERIZON COMMUNICATIO	2,414	2,498
94985D582 WELLS FARGO ADV INTL	120,412	128,417

- TIN:

TY 2011 InvestmentsCorpStockSchedule

Name:

TW JN MCEACHERN - UNIV OF GA

EIN: 58-6093589

Name of Stock	End of Year Book Value	End of Year Fair Market Value
501014112 KRISPY KREME DOUGH
086516101 BEST BUY INC	1,591	887
36467W109 GAMESTOP CORP NEW	3,711	3,110
401617105 GUESS INC	3,479	2,658
855030102 STAPLES INC
054303102 AVON PRODS INC	2,519	1,514
501044101 KROGER CO
60871R209 MOLSON COORS BREWING	3,551	3,563
786514208 SAFEWAY INC NEW	2,184	1,565
12802T101 CAL DIVE INTERNATION
13342B105 CAMERON INTL CORP	944	1,532
651290108 NEWFIELD EXPL CO COM	2,684	2,056
723787107 PIONEER NAT RES
845467109 SOUTHWESTERN ENERGY	3,382	2,957
91913Y100 VALERO ENERGY CORP
524901105 LEGG MASON INC COM	1,324	1,106
571748102 MARSH & MCLENNAN
665859104 NORTHERN TRUST CORP	4,425	4,040
712704105 PEOPLE'S UNITED FINA	3,686	3,088
743315103 PROGRESSIVE CORP OHI	1,709	1,894
808513105 SCHWAB CHARLES CORP	2,815	3,238
00817Y108 AETNA INC-NEW	847	1,037
09062X103 BIOGEN IDEC INC	1,382	1,759
101137107 BOSTON SCIENTIFIC CO	3,253	2,608
436440101 HOLOGIC INC
50540R409 LABORATORY CRP
74834L100 QUEST DIAGNOSTICS IN	986	1,209
018804104 ALLIANT TECHSYSTEMS	3,765	2,596
205944101 CON-WAY INC	1,263	1,152
302130109 EXPEDITORS INTL WASH	1,503	1,464
450911102 ITT CORPORATION
760759100 REPUBLIC SERVICES IN	1,361	1,300
774341101 ROCKWELL COLLINS
032095101 AMPHENOL CORP CL A	1,104	1,583
12673P105 CA INC	1,748	2,134
25659T107 DOLBY LABORATORIES I	786	896
346375108 FORMFACTOR INC
535678106 LINEAR TECHNOLOGY CO	1,605	1,882
871503108 SYMANTEC CORP	1,598	2,033
879664100 TELLABS OPERATIONS,	1,592	1,445
959802109 WESTERN UNION CO/THE	2,820	2,994
459506101 INTERNATIONAL FLAVOR
826552101 SIGMA ALDRICH CORP	1,087	1,421
810186106 THE SCOTTS MIRACLE-G	1,328	1,125
620076307 MOTOROLA SOLUTIONS
281020107 EDISON INTL
902681105 UGI CORP NEW COM	1,095	1,311
976657106 WISCONSIN ENERGY
023135106 AMAZON COM INC COM	3,191	4,221
099724106 BORG WARNER INC.	807	1,032
189754104 COACH INC
500255104 KOHLS CORP
517834107 LAS VEGAS SANDS CORP	1,071	1,102
580135101 MCDONALDS CORP	1,054	1,163
64110L106 NETFLIX.COM
855244109 STARBUCKS CORP COM	940	1,836
85590A401 STARWOOD HOTELS & RE	1,332	1,489
887317303 TIME WARNER
918204108 V F CORP	707	1,374
988498101 YUM BRANDS INC
191216100 COCA COLA CO	4,058	4,937
518439104 ESTEE LAUDER CO
501044101 KROGER CO
582839106 MEAD JOHNSON NUTRITI
713448108 PEPSICO INC	3,378	3,694
742718109 PROCTER & GAMBLE CO	2,505	2,620
902494103 TYSON FOODS INC CL A	1,465	1,237
931142103 WAL MART STORES
057224107 BAKER HUGHES INC
26875P101 EOG RESOURCES
637071101 NATIONAL OILWELL VAR
75281A109 RANGE RES CORP	2,363	2,803
12572Q105 CME GROUP
200340107 COMERICA INC	1,559	1,321
018490102 ALLERGAN INC
302182100 EXPRESS SCRIPTS INC
375558103 GILEAD SCIENCE INC
452372109 ILLUMINA INC
478160104 JOHNSON & JOHNSON	3,178	3,237
91324P102 UNITEDHEALTH GROUP I	506	869
941848103 WATERS CORP
097023105 BOEING CO	1,211	1,285
235851102 DANAHER CORP	1,721	1,714
740189105 PRECISION CASTPARTS	2,059	2,577
755111507 RAYTHEON CO
760759100 REPUBLIC SERVICE INC
858912108 STERICYCLE INC
913017109 UNITED TECHNOLOGIES
88579Y101 3M CO
037833100 APPLE INC	3,996	11,974
177376100 CITRIX SYS INC COM	854	1,398
268648102 E M C CORP MASS	1,802	2,208
38259P508 GOOGLE INC	2,877	3,425
458140100 INTEL CORP
48203R104 JUNIPER NETWORKS
594918104 MICROSOFT CORP	4,102	4,623
68389X105 ORACLE CORPORATION	1,006	1,266
747525103 QUALCOMM INC	2,655	2,704
01741R102 ALLEGHENY TECHNOLOGI
35671D857 FREEPORT-MCMORAN
61166W101 MONSANTO CO NEW	3,123	3,746
826552101 SIGMA ALDRICH CORP
025537101 AMERICAN ELECTRIC PO	1,132	1,290
580135101 MCDONALDS CORP
02209S103 ALTRIA GROUP INC	3,998	4,958
191216100 COCA COLA CO
423074103 HEINZ H J CO	4,150	4,736
494368103 KIMBERLY CLARK CORP	2,148	2,759
544147101 LORILLARD INC	1,121	1,381
718172109 PHILIP MORRIS INTERN	5,163	5,983
742718109 PROCTER & GAMBLE CO
761713106 REYNOLDS AMERICAN IN	3,223	3,919
166764100 CHEVRON CORP	1,104	1,234
20825C104 CONOCOPHILLIPS	3,729	4,600
172062101 CINCINNATI FINANCIAL
649445103 NEW YORK CMNTY
002824100 ABBOTT LABS	892	1,245
110122108 BRISTOL MYERS SQUIBB	5,330	6,008
532457108 ELI LILLY & CO COM	4,111	4,985
478160104 JOHNSON & JOHNSON
00206R102 AT & T INC	4,825	5,862
156700106 CENTURYLINK, INC	4,672	5,029
92343V104 VERIZON COMMUNICATIO	8,301	9,318
97381W104 WINDSTREAM CORP	1,247	948
209115104 CONSOLIDATED EDISON
25746U109 DOMINION RES INC VA	1,202	1,312
26441C105 DUKE ENERGY HOLDING
69351T106 PPL CORPORATION	2,437	2,640
743263105 PROGRES ENERGY INC
842587107 SOUTHERN CO	4,251	4,896
001317205 AIA GROUP LTD-SP ADR	2,090	2,000
007974108 ADVENT SOFTWARE INC	2,210	2,067
008474108 AGNICO EAGLE MINES L	2,546	2,803
009126202 AIR LIQUIDE - ADR	3,713	3,711
012653101 ALBEMARLE CORP COM	4,962	4,324
014491104 ALEXANDER & BALDWIN	2,140	2,607
017175100 ALLEGHANY CORP DEL N	1,637	1,686
018805101 ALLIANZ SE ADR	2,358	2,145
02364W105 AMERICA MOVIL S.A.B.	1,912	2,073
02553E106 AMERICAN EAGLE OUTFI	1,769	2,380
026874784 AMERICAN INTERNATION	1,181	1,167
03524A108 ANHEUSER-BUSCH INBEV	1,787	2,020
042068106 ARM HOLDINGS PLC - A	3,258	3,323
04314H709 ARTISAN MID CAP VALU	38,799	44,470
046353108 ASTRAZENECA PLC ADR	5,430	5,194
049255706 ATLAS COPCO AB ADR	1,764	1,583
050095108 ATWOOD OCEANICS INC	4,628	4,582
05534B760 BCE INC	4,393	4,894
055434203 BG GROUP PLC - ADR	2,483	2,115
089302103 BIG LOTS INC	1,815	1,522
12626K203 CRH PLC - ADR	1,812	1,564
12637N105 CSL LIMITED - ADR	1,207	1,559
126804301 CABELAS INC	4,338	5,857
136375102 CANADIAN NATL RR CO	1,716	2,014
140995127 CORE EQUITY FUND	51,970	50,876
156782104 CERNER CORP COM	1,232	1,317
17306X102 CITI TRENDS INC	963	952
191459205 COCHLEAR LTD-UNSPON	1,270	1,435
198516106 COLUMBIA SPORTSWEAR	1,915	2,039
22025Y407 CORRECTIONS CORP OF	3,284	4,264
228227104 CROWN CASTLE INTL CO	2,571	2,919
23304Y100 DBS GROUP HOLDINGS L	1,551	1,578
237545108 DASSAULT SYSTEMES S.	2,836	3,318
246248306 DELAWARE POOLED TR I	307,741	204,568
25470F104 DISCOVERY COMMUNICAT	1,132	1,152
26138E109 DR PEPPER SNAPPLE GR	1,131	1,255
26441C204 DUKE ENERGY HOLDING	3,248	3,822
278265103 EATON VANCE CORP COM	4,942	4,741
29266R108 ENERGIZER HOLDINGS I	2,013	1,791
30161N101 EXELON CORPORATION	3,737	3,538
30219G108 EXPRESS SCRIPTS HOLD	1,427	1,628
30303M102 FACEBOOK INC	576	253
307000109 FAMILY DLR STORES IN	2,048	2,227
307305102 FANUC CORPORATION AD	3,368	3,046
31428X106 FEDEX CORPORATION	1,088	1,052
32054K103 FIRST INDL RLTY TR I	1,925	2,064
358029106 FRESENIUS MEDICAL CA	2,655	2,799
368287207 0A0 GAZPROM LEVEL 1	974	711
37733W105 GLAXOSMITHKLINE PLC	4,739	5,140
38142Y401 GOLDMAN SACHS GRTH O	38,190	46,537
40414L109 HCP INC	1,425	1,743
404280406 HSBC - ADR	1,084	1,047
418056107 HASBRO INC	1,954	2,063
41902R103 HATTERAS FINANCIAL C	2,321	2,348
42217K106 HEALTH CARE REIT INC	1,749	2,045
443251103 HOYA CORP ADR	2,192	2,225
45104G104 ICICI BANK LTD. - AD	2,189	1,887
452327109 ILLUMINA INC	1,736	1,473
453038408 IMPERIAL OIL LTD COM	1,794	1,782
465562106 ITAU UNIBANCO BANCO	1,872	1,502
466140100 JGC CORP-UNSPONSORED	1,345	1,367
481165108 JOY GLOBAL INC	2,578	1,708
483548103 KAMAN CORPCOMMON	2,626	2,558
487836108 KELLOGG CO	1,588	1,621
49455U100 KINDER MORGAN MGMT L	1,227	1,204
49456B101 KINDER MORGAN INC/DE	1,753	1,717
50075N104 KRAFT FOODS INC	2,293	2,408
50077C106 KRATON PERFORMANCE P	1,959	2,188
501897102 LI & FUNG LTD ADR	3,981	2,750
502117203 L'OREAL - ADR	2,140	2,249
502441306 LVMH MOET HENNESSY U	1,395	1,292
52106N889 LAZARD EMERGING MKTS	56,141	102,320
53578A108 LINKEDIN CORP	2,509	2,468
54338V101 LONZA GROUP AG ADR	1,067	980
55262C100 MBIA INC	2,687	3,036
573284106 MARTIN MARIETTA MATL	1,761	1,528
57686G105 MATSON INC.	1,971	1,997
58933Y105 MERCK & CO INC NEW	3,963	4,391
591708102 METROPCS COMMUNICATI	1,351	1,508
594793101 MICREL INC COM	2,704	2,604
61744J317 MORGAN STANLEY INS I	219,000	149,452
62474M108 MTN GROUP LTD ADR	1,024	1,056
636274300 NATIONAL GRID PLC AD	4,602	5,175
641069406 NESTLE S.A. REGISTER	3,822	3,926
651587107 NEWMARKET CORP	4,311	5,907
654106103 NIKE INC CL B	1,572	1,363
65528V107 NOKIAN TYRES OYJ-UNS	1,723	1,529
66987V109 NOVARTIS AG - ADR	1,032	1,121
67018T105 NU SKIN ENTERPRISES	4,932	3,444
67103H107 O'REILLY AUTOMOTIVE	1,745	1,614
679580100 OLD DOMINION FREIGHT	4,909	4,612
693366205 PICO HOLDINGS INC	1,323	1,307
71654V101 PETROLEO BRASILEIRO	1,615	1,214
717081103 PFIZER INC	1,707	1,766
722005667 PIMCO COMMODITY REAL	161,948	128,638
724479100 PITNEY BOWES INC	2,057	1,657
741511109 PRICESMART INC	4,691	4,974
760975102 RESEARCH IN MOTION	2,896	850
767744105 RITCHIE BROS AUCTION	1,905	1,791
771195104 ROCHE HOLDINGS LTD -	2,407	2,548
779919109 T ROWE PRICE REAL ES	313,006	366,571
780259107 ROYAL DUTCH SHELL PL	4,617	4,765
780905451 ROYCE PREMIER FUND W	20,623	30,609
784635104 SPX CORP	1,145	1,406
784924425 SSGA EMERGING MARKET	158,138	106,885
80004C101 SANDISK CORP COM	1,098	948
803054204 SAP AG - ADR	4,102	3,874
803866300 SASOL LIMITED - ADR	1,111	953
806857108 SCHLUMBERGER LTD	5,426	5,501
80687P106 SCHNEIDER ELECTRIC S	2,319	2,178
817565104 SERVICE CORP INTL	3,558	4,147
824348106 SHERWIN WILLIAMS CO	1,132	1,145
83569C102 SONOVA HOLDIN-UNSPON	1,773	1,536
864159108 STURM RUGER & CO INC	1,541	1,559
86959C103 SVENSKA HANDELSB-A-U	936	990
870123106 SWATCH GROUP AG/THE-	1,928	1,679
87184P109 SYSMEX CORP-UNSPON A	1,034	1,276
87234N849 TCW SMALL CAP GROWTH	27,668	30,594
874039100 TAIWAN SEMICONDUCTOR	1,705	1,705
87425E103 TALISMAN ENERGY INC	1,226	1,492
879080109 TEJON RANCH CO	2,348	2,237
88033G100 TENET HEALTHCARE COR	2,586	2,481
88076W103 TERADATA CORP	1,170	1,298
880779103 TEREX CORP NEW	1,361	2,494
881575302 TESCO PLC - ADR	1,248	1,305
89151E109 TOTAL S.A. - ADR	4,740	4,487
894650100 TREDEGAR CORPORATION	2,233	1,812
900148701 TURKIYE GARANTI BANK	1,811	2,077
904311107 UNDER ARMOUR INC	1,045	1,222
90460M204 UNI CHARM CORPORATIO	2,334	2,764
904767704 UNILEVER PLC - ADR	3,434	3,839
907818108 UNION PACIFIC CORP	1,656	2,064
918194101 VCA ANTECH INC	903	1,025
92046N102 VALUECLICK INC	4,003	3,171
922040100 VANGUARD INSTL INDEX	192,846	212,193
92532F100 VERTEX PHARMACEUTICA	1,629	1,493
92857W209 VODAFONE GROUP PLC N	4,078	4,743
92933H101 WPP GRP PLC AMER DEP	2,492	2,466
981475106 WORLD FUEL SERVICES	3,253	2,716
98418R100 XINYI GLASS HOLDI-UN	774	648
98419M100 XYLEM INC/NY	1,866	1,530
G16962105 BUNGE LIMITED	1,080	1,018
G2554F113 COVIDIEN PLC	1,692	1,850
G47791101 INGERSOLL-RAND PLC	902	1,450
G62185106 MONTPELIER RE HOLDIN	2,751	3,191
G9618E107 WHITE MTNS INS GROUP	2,490	2,602
H27013103 WEATHERFORD INTL LTD	4,904	3,152
H27178104 FOSTER WHEELER AG	2,527	1,862
H8817H100 TRANSOCEAN LTD.	1,547	1,863
N07059186 ASML HOLDING NV0NY R	2,062	2,611
N72482107 QIAGEN N.V.	1,089	1,313

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
256210105 DODGE & COX INCOME F	AT COST	135,002	157,106
693390841 PIMCO HIGH YIELD FD-	AT COST	271,001	263,625
693391104 PIMCO REAL RETURN FU	AT COST	23,000	26,382
693390551 PIMCO TOTAL RETN FD	AT COST	162,029	175,162
922031737 VANGUARD INFLAT-PROT	AT COST	51,670	61,487
693391559 PIMCO EMERG MKTS BD-	AT COST	62,118	68,643
693390882 PIMCO FOREIGN BD FD	AT COST	123,000	131,371
94985D582 WELLS FARGO ADVTG
04314H709 ARTISAN MID CAP
38142Y401 GOLDMAN SACHS GROWTH
411511843 HARBOR SMALL-CAP VAL
780905451 ROYCE PREMIER FUND
87234N849 TCW SMALL CAP GROWTH
922040100 VANGUARD INSTITUTION
04315J837 ARTIO INTERNATIONAL
246248306 DELAWARE POOLED TR
52106N889 LAZARD EMERGING MKT
784924425 SSGA EMERGING MKT
61744J317 MORGAN STANLEY INSTI
722005667 PIMCO COMMODITY RTN
779919109 T ROWE PRICE RE
12626K203 CRH-PLC
H27178104 FOSTER WHEELER
H2906T109 GARMIN LTD
760975102 RESEARCH IN MOTION
83172R108 SMART TECHNOLOGIES
881624209 TEVA PHARMACEUTICAL
H89128104 TYCO INTERNATIONAL
H27013103 WEATHERFORD INTERNAT
055434203 BG GROUP PLC-ADR
136385101 CANADIAN NAT RES
G2554F113 COVIDIEN PLC
806857108 SCHLUMBERGER LTD
G81477104 SINA CORPORATION
H89128104 TYCO INTERNATIONAL
046353108 ASTRAZENECA PLC
05534B760 BCE INC
37733W105 GLAXOSMITHKLINE PLC
780259107 ROYAL DUTCH SHELL PL
636274300 NATIONAL GRID PLC
879382208 TELEFONICA SA-ADR
89151E109 TOTAL SA-ADR
904767704 UNILEVER PLC-ADR
92857W209 VODAFONE GROUP PLC
42217K106 HEALTH CARE REIT INC
29299D444 THE ENDOWMENT TEI FU	AT COST	60,000	59,216
52470G742 WESTERN ASSET SMASH	AT COST	22,908	23,447
52470G759 WESTERN ASSET SMASH	AT COST	74,278	76,169
693390791 PIMCO LOW DURATION I	AT COST	100,000	101,590
70299RF16 PARTNERS GROUP PRIV	AT COST	80,000	83,140
72201F516 PIMCO EMERGING LOCAL	AT COST	60,000	58,620
961995008 ASGI MESIROW INSIGHT	AT COST	60,000	59,640
AMX994405 ALPHAMETRIX MGD FUT	AT COST	80,000	78,603
GRA994205 GRAHAM ALT INV FD II	AT COST	90,000	90,103
GTC997004 ASGI CORBIN MULTI ST	AT COST	50,000	50,016
GTY995004 ASGI AGILITY INCOME	AT COST	100,000	103,115
RCI991006 RICI LINKED PAM TOTA	AT COST	40,000	38,590

Description	Amount
MUTUAL FUND POSTING DATE AFTER TYE	2,908
ROC BASIS ADJUSTMENTS	4,006
DISALLOWED WASH SALES	313
ACCRD INT PURCH CURRENT TY EFFECT FUTURE TY	3

Description	Amount
MUTUAL FUND TAX EFFECTIVE DATE BEFORE TYE	3,661
ACCRD INT PURCH PREVIOUS TAX YEAR EFFECT CURRENT TY	75
ROUNDING	14
CTF - COST ADJUST	1,973
CTF CASH DIVIDNED PAYMENTS TAXED NEXT TAX YEAR	399
CAPITAL TRANSACTIONS BASIS ADJUST	373

Category	Amount	Net Investment Income
FOREIGN TAXES	356	356
FEDERAL TAX PAYMENT - PRIOR YE	1,551	0
FEDERAL ESTIMATES - PRINCIPAL	5,334	0
FOREIGN TAXES ON QUALIFIED FOR	1,041	1,041
FOREIGN TAXES ON NONQUALIFIED	191	191