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 10-01-2011 , and ending 09-30-2012
G
Check all that apply:
Name of foundation
TIMKEN FOUNDATION OF CANTON
 
% JEFFREY HALM
Number and street (or P.O. box number if mail is not delivered to street address)200 MARKET AVENUE N   Room/suite
City or town, state, and ZIP code
CANTON, OH44702
A Employer identification number

34-6520254
B Telephone number (see page 10 of the instructions)

(330) 452-1144
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$243,072,654J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet
3 Interest on savings and temporary cash investments 2,101 2,101 0
4 Dividends and interest from securities...... 7,334,354 7,334,354  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 587,327
b Gross sales price for all assets on line 6a 19,102,561
7 Capital gain net income (from Part IV, line 2)... 587,327
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........ 7,923,782 7,923,782 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 221,667 22,167   199,500
14 Other employee salaries and wages...... 52,905 10,580   42,325
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 29,376 0 0 29,376
b Accounting fees (attach schedule)....... Click to see attachment 27,096 0 0 27,096
c Other professional fees (attach schedule).... Click to see attachment 113,814 110,632 0 3,182
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 178,757 4,500 0 19,257
19 Depreciation (attach schedule) and depletion... Click to see attachment 7,615    
20 Occupancy.............. 31,951     31,951
21 Travel, conferences, and meetings....... 50,959     50,959
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 91,917 35,129 0 53,299
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 806,057 183,008 0 456,945
25 Contributions, gifts, grants paid........ 10,594,702 10,594,702
26 Total expenses and disbursements. Add lines 24 and 25 11,400,759 183,008 0 11,051,647
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,476,977
b Net investment income (if negative, enter -0-) 7,740,774
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 Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 4,830,810 609,954 609,954
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,529,785 Click to see attachment496,333 534,688
b Investments—corporate stock (attach schedule)........ 50,656,080 Click to see attachment57,225,094 214,487,779
c Investments—corporate bonds (attach schedule)........ 29,431,944 Click to see attachment24,579,702 26,825,788
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,385,215 Click to see attachment1,385,215 672,559
14 Land, buildings, and equipment: basis bullet179,141
Less: accumulated depreciation (attach schedule) bullet121,261 65,495 Click to see attachment57,880  
15 Other assets (describe bullet) Click to see attachment8,372 Click to see attachment-73,735 Click to see attachment-58,114
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 87,907,701 84,280,443 243,072,654
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment150,281 Click to see attachment0
23 Total liabilities (add lines 17 through 22).......... 150,281 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 126,949,943 127,537,269
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds -39,192,523 -43,256,826
30 Total net assets or fund balances (see page 17 of the
instructions).................... 87,757,420 84,280,443
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 87,907,701 84,280,443
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 87,757,420
2 Enter amount from Part I, line 27a..................... 2 -3,476,977
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 84,280,443
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 84,280,443
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 19,102,561   18,515,234 587,327
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       587,327
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 587,327
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 13,789,502 291,798,350 0.047257
2009 7,781,527 201,809,527 0.038559
2008 10,564,005 140,075,600 0.075416
2007 11,070,218 231,389,432 0.047842
2006 12,177,122 237,838,779 0.051199
2 Total of line 1, column (d) ...................... 2 0.260273
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 0.052055
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 283,183,857
5 Multiply line 4 by line 3....................... 5 14,741,136
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 77,408
7 Add lines 5 and 6......................... 7 14,818,544
8 Enter qualifying distributions from Part XII, line 4.............. 8 11,051,647
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 154,815
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 154,815
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- ..... 5 154,815
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 155,000
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 155,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 185
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet185 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changesClick to see attachment....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.Click to see attachment
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletOH
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJEFFREY HALM Telephone no.bullet (330) 452-1144
    Located atbullet200 MARKET AVENUE NCantonOH ZIP+4bullet44702
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WARD J TIMKEN PRESIDENT/TRUSTEE
    10.0     		75,000 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    JEFFREY HALM SECRETARY
    40.0     		146,667 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    WARD J TIMKEN JR TRUSTEE
    1.0     		0 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    JOY TIMKEN VICE PRES/TRUSTEE
    1.0     		0 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    WR TIMKEN Jr TRUSTEE
    1.0     		0 0 0
    200 MARKET AVENUE N
    CANTON,OH44702
    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...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    285,296,278
    b
    Average of monthly cash balances.......................
    1b
    2,198,368
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    1,656
    d
    Total (add lines 1a, b, and c).........................
    1d
    287,496,302
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    287,496,302
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    4,312,445
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    283,183,857
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    14,159,193
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    14,159,193
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    154,815
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    154,815
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,004,378
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    14,004,378
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    14,004,378
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    11,051,647
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    11,051,647
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    11,051,647
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 14,004,378
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 9,451,478
    b Total for prior years:2009, 2008, 2007  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 11,051,647
    a Applied to 2010, but not more than line 2a 9,451,478
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 1,600,169
    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 ...........     		 
    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 ..........     		12,404,209
    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 ......     		0
    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.... 0
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    WARD J TIMKEN
    200 MARKET AVENUE N SUITE 210
    CANTON,OH44702
    (330) 452-1144
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORM OF APPLICATION IS REQUIRED; INFORMATION SUBMITTED MUST INCLUDE VERIFICATION OF THE APPLICANT'S STATUS UNDER IRC SECTION 501(C)(3).
    cAny submission deadlines:
    THERE ARE NO SUBMISSION DEADLINES.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    EXCEPT UNDER UNUSUAL CIRCUMSTANCES GRANTS ARE AWARDED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO ORGANIZATIONS QUALIFIED UNDER IRC SECTION 501(C)(3) OR TO FOREIGN CHARITABLE ORGANIZATIONS PURSUANT TO REGULATIONS 53.4945-5(A)(5) BASED ON AFFIDAVITS OF THE GRANTEE ORGANIZATION OR OPINIONS OF COUNSEL THAT THE GRANTEE IS AN ORGANIZATION DESCRIBED IN SECTION 509(A)(1), (2), OR (3).
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ARTS IN STARK
    900 Cleveland Ave NW
    Canton,OH44702     		N/A PUBLIC Upgrade the Great Court, Cable Hall and purchase new signage for the Cultural Center. Also upgrade steam boilers, install solar panels at the Player's Guild. Lastly, repair a leaky roof at the Canton Ballet and expand the tech shop at the Players Guild. 550,000
    HABITAT FOR HUMANITY OF GREATER CANTON INC
    2800 LEEMONT AVENIE NW
    CANTON,OH44709     		N/A PUBLIC The rehibilitation of 10 single family Habitat homes in 2012 and 2013 in the target areas of Sandal Place NE in Canton and Columbia Heights SW in Massillion. 137,500
    NATIONAL FOOTBALL MUSEUM INC
    2121 GEORGE HALAS DRIVE NW
    CANTON,OH44708     		N/A PUBLIC Provide funding to the capital campaign to expand the Pro Football Hall of Fame. 250,000
    STARK DEVELOPMENT BOARD INC
    116 CLEVELAND AVENUE NW
    SUITE 600
    CANTON,OH44702     		N/A PUBLIC Provide a portion of the operating funding for a Collaborative Government Office. 25,000
    STARK DEVELOPMENT BOARD INC
    116 CLEVELAND AVENUE NW
    SUITE 600
    CANTON,OH44702     		N/A PUBLIC Provide three year's worth of operating expenses for Stark Development Board 166,667
    UNIVERSITY OF MOUNT UNION
    1972 CLARK AVENUE
    ALLIANCE,OH44601     		N/A PUBLIC Construct a new Health and Medical Sciences building and to expand and renovate the Performing and Media Arts facility at the University of Mount Union. 250,000
    YMCA OF CENTRAL STARK COUNTY
    1201 30TH STREET NW
    SUITE 200A
    CANTON,OH44709     		N/A PUBLIC Build a new 26,000 sq.ft. YMCA facility in the heart of the downtown Canton. 650,000
    LINCOLN COUNTY COALITION AGAINST CHILD ABUSE INC
    161 POLICARP STREET
    LINCOLNTON,NC28092     		N/A PUBLIC Renovate and update 100 year old builing housing the offices of the Lincoln County Coalition Against Child Abuse. 31,500
    WUXI OCCUPATIONAL TRAINING AND GUIDANCE CENTER
    NO 4-1 TANGNAN 1ST BRANCH ROAD
    NAN CHANG DISTRICT AREA, WUXI CITY,JIANGSU  
    CH     		N/A PUBLIC Construct and equip a Programmable System Design Center called the Training and Practice Classroom. 180,000
    TEAM NEO FOUNDATION
    737 Bolivar Rd
    Cleveland,OH44115     		N/A PUBLIC Fund the Regional Business Attraction program and the staff required to support this work of Team NEO. 125,000
    COMMUNITY SERVICES OF STARK COUNTY
    625 Cleveland Ave NW
    Canton,OH44702     		N/A PUBLIC PROVIDE FUNDING TO PURCHASE THE RED CARPET INN TO RELOCATE THE FAMILY LIVING CENTER 50,000
    ODYSSEY COMMUNITY SCHOOL
    579 WEST MIDDLE TURNPIKE
    MANCHESTER,CT06040     		N/A PUBLIC Add a playground to the location due to the additional of the K-3 grades that were intrigrated into the school in the Fall 2011. 75,000
    STARK STATE COLLEGE FOUNDATION
    6200 FRANK AVENUE NW
    CANTON,OH44720     		N/A PUBLIC purchase of equipment and supplies for 30,000 square feet of classroom and laboratory space being developed as the oil and gas component of the Downtown Campus building project of Stark State College. 500,000
    TOWN OF SOSNOWIEC
    SOSNOWIEC
    SOSNOWIEC    
    PL     		N/A PUBLIC Purchase computers, related software, and rehabilitation equipment for a senior center in Sosnowiec. 46,500
    THE CLEVELAND MUSEUM OF ART
    11150 East Boulevard
    Cleveland,OH44115     		N/A PUBLIC Help fund the completion of the Vinoly Building Project. 300,000
    ALTAVISTA AREACAMPBELL CTY HABITAT FOR HUMANITY
    PO BOX 232
    ALTAVISTA,VA24517     		N/A PUBLIC Help fund the construction of two Habitat homes in Altavista. 25,000
    THE EVINGTON VOLUNTEER FIRE DEPARTMENT INC
    PO BOX 7
    EVINGTON,VA24550     		N/A PUBLIC Expand and renovate the existing fire station of the Evington Volunteer Fire Department. 100,000
    OLD NORTH STATE COUNCIL BOY SCOUTS OF AMERICA
    1405 Westover Terrace
    GREENSBORO,NC27408     		N/A PUBLIC To build a Sun Shade shelter at the Timken Pool and Showers. 26,000
    YMCA INC RANDOLPH - ASHEBORO
    343 NC HWY 42 North
    Asheboro,NC27203     		N/A PUBLIC Support the final phase of the project Timken Foundation of Canton help fund last year. It will complete the Teen/Senior Center, Community Room, Family Locker Room, Renovate the front entrance and Nursery. 50,000
    BUCYRUS LITTLE THEATRE INC
    130 Songer Ave
    BUCYRUS,OH44820     		N/A PUBLIC The BLTs Capital Building Campaign is a three phase project that will provide for a new backstage addition, new concessions area with restrooms, and a new marquee and entry plaza. 100,000
    YOUNG MEN'S CHRISTIAN ASSOCIATION
    205 S Union Ave
    Alliance,OH44601     		N/A PUBLIC Renovation of existing structure of its youth center, wellness center, original pool area, and locker rooms, As well as a complete renovation of the first floor to the house of InterFaith Child Development Center. 125,000
    AULTMAN HOME FOR AGED WOMEN INC
    2550 Cleveland Avenue
    Canton,OH44709     		N/A PUBLIC Convert 30 independent residential with services rooms into 24 hour care, licensed assisted living rooms and to upgrade corresponding hallway areas. 50,000
    BUCKEYE COUNCIL INC
    2301 13th st nw
    Canton,OH44708     		N/A PUBLIC Construct a year round Cub Scout Outdoor Educational and Camping Center at Seven Ranges Scouting Reservation. 250,000
    CANTON MONTESSORI SCHOOL
    125 15th st nw
    Canton,OH44703     		N/A PUBLIC The Canton Montessori School Project is the repair and maintenance of their pre-primary playground to make it compliant with state required improvements as well as boiler updates and replacement of lights, front door, and signage. 20,000
    CANTON PALACE THEATRE ASSOCIATION
    605 Market Ave north
    Canton,OH44702     		N/A PUBLIC Replace the 28 year old roof and 85 year old plumbing and to update the restrooms, building exterior, lighting, sound system, and carpeting of the Palace Theatre building. 400,000
    CANTON SYMPHONY ORCHESTRA ASSOCIATION
    1001 Market Ave North
    Canton,OH44702     		N/A PUBLIC To update and expand Umstattd Hall. 250,000
    COMMUNITY BUILDING PARTNERSHIP OF STARK COUNTY INC
    601 Cleveland Ave N
    Canton,OH44702     		N/A PUBLIC Fund the Canton Neighborhood Project to help rehabilitate low income neighborhoods. 50,000
    HOOVER SOFTBALL BOOSTER CLUB
    525 7TH STREET NE
    NORTH CANTON,OH44720     		N/A PUBLIC Build a softball stadium complex. 37,500
    J BABE STEARN COMMUNITY CENTER
    2628 13TH STREET SW
    CANTON,OH44710     		N/A PUBLIC Replace the exterior doors and interior lighting of the facility. 57,270
    MEALS ON WHEELS OF STARK & WAYNE COUNTIES
    2363 NAVE ST SE
    CANTON,OH44646     		N/A PUBLIC Replace and upgrade the computer network and file server. 35,000
    NORTH CANTON HERITAGE SOCIETY
    200 CHARLOTTE STREET NW SUITE 102
    NORTH CANTON,OH44720     		N/A PUBLIC Construct a new entryway, update offices, and make the building handicap accessible. 20,000
    PROJECT REBUILD
    PO BOX 8361
    CANTON,OH44711     		N/A PUBLIC Acquire and renovate a house on 9th Street SW in Canton. 52,000
    YMCA OF WESTERN STARK COUNTY
    1226 MARKET ST NE
    NAVARRE,OH44662     		N/A PUBLIC To add a 4 lap pool and child care addition. 50,000
    GEORGIA MUSEUMS INC
    TELLUS SCIENCE MUSEUM
    100 TELLUS DRIVE
    CARTERSVILLE,GA30120     		N/A PUBLIC funds to develop unfinished space (with drywall, floor tile, lighting, and other improvements) consisting of about 2400 sq ft to bring temporary exhibits into the museum on a rotating basis, Also to upgrade a planetarium projector. 30,000
    CHEROKEE COUNTY FAMILY YMCA
    390 WHELCHEL ROAD
    GAFFNEY,SC29341     		N/A PUBLIC Build a playground area, purchase a lawnmower and add ball fields to the Cherokee County Family YMCA. 25,000
    CHEROKEE COUNTY SCHOOL DISTRICT
    141 TWIN LAKE ROAD
    PO BOX 460
    GAFFNEY,SC29341     		N/A PUBLIC Purchase robotics kits and computers for LEGO Robotics competitions for elementary students in Cherokee County. 75,000
    HABITAT FOR HUMANITY OF CHEROKEE COUNTY
    PO BOX 51
    GAFFNEY,SC29342     		N/A PUBLIC Build one Habitat home and renovate five existing homes. 100,000
    UNITED WAY OF THE PIEDMONT
    PO BOX 5624
    SPARTANBURG,SC29304     		N/A PUBLIC Provide funds for IT projects and for bricks and mortar type projects for non-profit organizations in Spartanburg, Cherokee or Union Counties of South Carolina. 75,000
    CAREER & TECHNOLOGY CENTER
    702 BELTON HIGHWAY
    WILLIAMSTON,SC29697     		N/A PUBLIC Renovate the kitchen lab and purchase equipment for the Culinary Center. 50,000
    CHEDDAR YOUTH CLUB
    317 AZALEA COURT
    WILLIAMSTON,SC29697     		N/A PUBLIC Purchase scoreboard lighting for ballfield #2 of the Cheddar Youth Club. 44,540
    HOSPICE OF THE UPSTATE INC
    1835 ROGERS ROAD
    ANDERSON,SC29621     		N/A PUBLIC Renovate the Rainey Hospice House. 100,000
    HOUSTON PARKS BOARD
    300 NORTH POST OAK LANE
    HOUSTON,TX77024     		N/A PUBLIC Purchase exercise equipment for the fitness and weight room which will be part of the new Recreation Center for Emanciapation Park. 120,000
    COLONIAL THEATRE GROUP INC
    95 MAIN STREET
    PO BOX 77
    KEENE,NH03431     		N/A PUBLIC Replace the aisle carpeting, aisle lighting, and to upgrade the associated electrical wiring of the Theatre. 40,000
    HGM DEVELOPMENT INC
    25 ROXBURY STREET
    KEENE,NH03431     		N/A PUBLIC Renovate the first floor of the Hannah Grimes Center. 75,000
    KEENE STATE COLLEGE
    229 MAIN STREET
    KEENE,NH03435     		N/A PUBLIC Build a Technology, Design & Saftey Center at Keene State College. 180,000
    ALICE PECK DAY MEMORIAL HOSPITAL
    125 MASCOMA STREET
    LEBANON,NH03766     		N/A PUBLIC Completely renovate its primary hospital building. 250,000
    AMERICAN PRECISION MUSEUM ASSOCIATION
    196 MAIN STREET
    PO BOX 679
    WINDSOR,VT05089     		N/A PUBLIC Masonry restoration on several wings of the museum. 40,000
    DAVID'S HOUSE INC
    PO BOX 660
    461 MT SUPPORT ROAD
    LEBANON,NH03766     		N/A PUBLIC Renovate a portion of David's House and add a four bedroom addition. 65,000
    FRIENDS OF SPRINGFIELD FIRE AND RESCUE
    PO BOX 22
    SPRINGFIELD,NH03284     		N/A PUBLIC Purchase a thermal imaging camera and vehicle extrication equipment. 20,000
    FAMILY SERVICE INC OF GASTON COUNTY
    214 E FRANKLIN BLVD
    GASTONIA,NC28052     		N/A PUBLIC establish a permanent functional office in Lincoln County, North Carolina. 22,000
    GLOBAL OPERATIONS AND DEVELOPGIVING CHILDREN HOPE
    8332 COMMONWEALTH AVENUE
    BUENA VISTA,CA90621     		N/A PUBLIC Construct the Buena Park Community Clinic. 95,000
    MANCHESTER MEMORIAL HOSPITAL
    71 HAYNES STREET
    MANCHESTER,CT06040     		N/A PUBLIC Purchase computer training room resources. 55,000
    CHILD AND FAMILY TENNESSEE
    901 EAST SUMMIT HILL DRIVE
    KNOXVILLE,TN37915     		N/A PUBLIC Replace the fire alarm system; install new windows, repair doors, gutters and the HVAC system in two buildings. 60,000
    CITY OF CARLYLE
    850 FRANKLIN STREET
    CARLYLE,IL62231     		N/A PUBLIC Construct three soccer fields and a parking lot on 11 acres for the City of Carlyle. 40,000
    CITY OF MESA PARKS REC AND COMMERCIAL FACILITIES
    200 SOUTH CENTER STREET BLDG 1
    PO BOX 1466
    MESA,AZ85211     		N/A PUBLIC To install two 18-hole disc golf courses at Red Mountain Park. 20,000
    HABITAT FOR HUMANITY CENTRAL ARIZONA
    PO BOX 20186
    PHOENIX,AZ85036     		N/A PUBLIC Provide funds to purchase construction materials to build a Habitat house. 30,000
    HORIZONS OF TUSCCARAWAS AND CARROLL COUNTIES INC
    220 WEST 4TH STREET
    DOVER,OH44622     		N/A PUBLIC Construct a picnic and recreation area and storage shed at Horizons' Bolivar Intemmediate Care Facility. 10,475
    CITY OF PULASKI TENNESSEE
    333 EAST COLLEGE STREET
    PO BOX 633
    PULASKI,TN38478     		N/A PUBLIC Construct a rock climbing wall and pavilion and purchase a LED Digital Sign for Sharewood Children's Park. 35,000
    GILES COUNTY PUBLIC LIBRARY
    122 SOUTH 2ND STREET
    PULASKI,TN38478     		N/A PUBLIC Renovate the main building of the Giles County Public Library. 140,000
    CHERRY MOUNTAIN VOLUNTEER FIRE DEPARTMENT
    5841 BOSTIC-SUNSHINE HIGHWAY
    BOSTIC,NC28018     		N/A PUBLIC Purchase a replacement brush truck for their fire department. 40,000
    COMMUNITY CLINIC OF RUTHERFORD
    PO BOX 215
    187 WEST MAIN STREET
    SPINDALE,NC28160     		N/A PUBLIC Purchase and install a networked computer sytem for the clinic. 10,000
    RUTHERFORD COUNTY HABITAT FOR HUMANITY INC
    686 WEST MAIN STREET
    PO BOX 1534
    RUTHERFORDTON,NC28043     		N/A PUBLIC Build a Habitat house for Rutherford County. 30,000
    RUTHERFORD HOUSING PARTNERSHIP INC
    PO BOX 1525
    RUTHERFORDTON,NC28139     		N/A PUBLIC Repair and replace worn out roofs in Rutherford County. 15,000
    TOWN OF RUTHERFORDTON
    129 N MAIN STREET
    RUTHERFORDTON,NC28139     		N/A PUBLIC Purchase a four wheel drive truck to be converted for use as a firefighting vehicle to combat woods, brush, and wildland fires. 55,000
    ST CLAIR FOUNDATIEATON COMMUNITY SCHOOL ED FOUND
    PO BOX 309
    EATON,OH45320     		N/A PUBLIC Build the Community Athletic, Wellness, and Arts Center. 50,000
    HOSPICE OF THE CAROLINA FOOTHILLS INC
    130 FOREST GLEN DRIVE
    COLUMBUS,NC28722     		N/A PUBLIC Convert the existing Nortel phone system to a Cisco system at the Columbus, North Carolina, facility. 15,000
    BUFFALO VOLUNTEER FIRE DEPARTMENT
    132 BAILEY ROAD
    BUFFALO,SC29321     		N/A PUBLIC Purchase turnout gear and air packs for the Buffalo Volunteer Fire Department. 80,000
    UNION COUNTY
    210 WEST MAIN STREET
    UNION,SC29379     		N/A PUBLIC Modify baseball field #1 at the Timken Sports Complex so it will accommodate the special needs of all developmentally disabled children and qualify as a Miracle League Field. 25,000
    AKRON ZOOLOGICAL PARK
    500 Edgewood Ave
    Akron,OH44307     		N/A PUBLIC Help contribute to builiding The Mike & Mary Stark Grizzly Ridge exhibit at the Akron Zoo. 25,000
    CHILDREN'S HOSPITAL MEDICAL CENTER OF AKRON
    1 Perkins Square
    Akron,OH44308     		N/A PUBLIC Purchase endoscopic equipment for the hospital. 107,000
    CUYAHOGA VALLEY PRESERVATION & SCENIC RAILWAY ASSO
    PO Box 158
    Peninsula,OH44264     		N/A PUBLIC Purchase new wheel sets for Cuyahoga Valley Scenic Railway. 40,000
    THE PUTNAM FOUNDATION
    1500 El Prado
    San Diego,CA92101     		N/A PUBLIC Acquire additional paintings for the Museum. 250,000
    BAISHI COMMUNITY SERVICE CENTER
    ZHIFU DISTRICt
    YANTAI CITY    
    CH     		N/A PUBLIC The Baishi Community Comprehensive Service Center Project is to renovate and equip all of the facilities of the Baishi Community Service Center. 60,000
    YANTAI MUSEUM
    ZHIFU
    Yantai    
    CH     		N/A PUBLIC The Yantai Museum Project is the construction and equipping of a Cultural Relics Scientific and Technological Protection Center. 308,000
    SAMARTHANAM TRUST FOR THE DISABLED
    CA 39 15TH CROSS 16TH MAIN
    SECTOR-4, HSR LAYOUT,BENGALURU  
    IN     		N/A PUBLIC Construction of a barrier free residential school. 140,000
    SNEHA CHARITABLE TRUST UPASANA
    PO BOX 2913
    DHARAMARAM COLLEGE,BALAJI NAGAR, BANGALORE560-029
    IN     		N/A PUBLIC Build a boys' and girls' hostel for HIV adoloscent children. 108,000
    VITA NOVA CENTRE
    2 FISHEAGLE ROAD
    DAGGAFONTEIN,SPRINGS  
    SF     		N/A PUBLIC Repair all roofs, construct a security fence, and purchase solar powered geysers. 130,000
    CULTURE CENTER OF PIXIAN
    36 PI TONG ZHEN BIN HE ROAD
      PIXIAN COUNTY  
    CH     		N/A PUBLIC Establish a recording studio and purchase additional equipment. 94,000
    JEEVODAYA
    NO 19 C-37 3RD CROSS
    RAMAIAH LAYOUT,KAMANAHALLI, BANGALORE560 084
    IN     		N/A PUBLIC Construction of a small building at the Nemallur site where nuns can reside and conduct medical camps. 80,000
    LOYOLA COLLEGE SOCIETY
    KATTANKULATHUR VIA KANCHEEPURAM
    DISTRICT,TAMIL NADU603203
    IN     		N/A PUBLIC Construction of the first floor of the Primary School Building. 100,000
    SKI CLUB STOSSWIHR
    19 RUE DES PRES
      STOSSWIHR68140
    FR     		N/A PUBLIC For renovating the chalet so it meets all safety regulations and is a compliant facility in terms of energy savings, provides accessibility for persons with dsiabilities and will accommodate school classes and camps. 139,050
    THE SCHONGAUER SOCIETY
    1 RUE DUNTERLINDEN
      COLMAR68000
    FR     		N/A PUBLIC Continue project from 2007 which is expanding and renovating the Unterlinden Museum by updating the pubilc bath house. 260,000
    XAVIER INSTITUTION FOR TRIBAL EDUCATION
    PO VIA JAMSHEDPUT SARAIKELA
      KHARSWAN DISTRICT  
    IN     		N/A PUBLIC Construction of an Entrepreneurship Development Center. 200,000
    CARMEN SYLVA HIGH SCHOOL
    44 BOBALNA STREET
      PLOIESTI, PRAHOVA COUNTY1000330
    RO     		N/A PUBLIC Construct four multimedia classrooms and equip them with modular desks, smartboards, and computers. 25,000
    PLOIESTI INFECTIOUS DISEASES HOSPITAL
    271 REPUBLICII BLVD
      PLOIESTI, PRAHOVA,  
    RO     		N/A PUBLIC Purchase hospital equipment and renovate an attic into useable administrative space. 270,000
    SPECIAL SCHOOL CENTER PLOIESTI
    NO 1 FAGARAS STREET
      PLOIESTI, PRAHOVA,  
    RO     		N/A PUBLIC Purchase of classroom equipment and computers. 75,000
    ST ANDREW'S COMMUNITY SERVICE CENTER
    16 SOSEAUA VESTULUI
      PLOIESTI, PRAHOVA  
    RO     		N/A PUBLIC Renovate the St. Andrew's Center building. 110,000
    VICTOR SLAVESCU ADMIN & SERVICES SCHOLAR GROUP
    TELEJEAN NR 11 COD
      PLOIESTI, PRAHOVA100514
    RO     		N/A PUBLIC Purchase equipment for the Chemistry/Physics lab. 40,000
    TOWN OF SOSNOWIEC
    SOSNOWIEC
    SOSNOWIEC    
    PL     		N/A PUBLIC Build a sensory garden in Sosnowiec especially for people with developmental disabilities. 340,000
    THE JAN KIEPURA MUNICIPAL CLUBTOWN OF SOSNOWIEC
    41-200 SOSNOWIEC 35 BEDZINSKA ST
    SOSNOWIEC    
    PL     		N/A PUBLIC Convert the existing hall in The Jan Kiepura Municipal Club into a modern multifunctional Chamber Concert Hall and to provide it with state of the art sound and light equipment. 110,000
    THAMES VALLEY DISTRICT SCHOOL BOARD
    241 SUNSET DRIVE
    ST. THOMAS,ONTARION5R 3C2
    CA     		N/A PUBLIC The Parkside Regional Track and Field Facility Project is the renovation of their existing track along with the installation of lighting, bleachers, and sound system at the facility. 125,000
    CHONG'AN READING ASSISTED SCHOOL OF WUXI
    NO 49 CHANGQING ROAD
    CHONG'AM DISTRICT, WUXI CITY,JIANGSU  
    CH     		N/A PUBLIC The Chongan Reading-assisted School of Wuxi Project is to build and equip a multi-sensory classroom. 70,000
    WUXI HUICHENG CHILDREN REHABILITATION CENTER
    HENG STREET 8-2 XIAOLOU ALLET
    CHONG'AN DISTRICT, WUXI CITY,JAINGSU  
    CH     		N/A PUBLIC Purchase assessment and treatment tools for autistic and developmentally delayed children. 136,700
    WUXI MACHINERY & ELECTRON HIGHER PROF TECH SCHOOl
    WUXI JIANGSU CHINA
    NEW DISTRICT, WUXI,JIANGSU  
    CH     		N/A PUBLIC Convert an existing room of the school into two electronic reading rooms. 100,000
    Total .................................bullet 3a 10,594,702
    bApproved for future payment
    CLEVELAND CLINIC FOUNDATION
    9500 Euclid Avenue
    Cleveland,OH44195     		N/A PUBLIC PROVIDE FUNDING FOR SCHOLARSHIPS AND RESEARCH IN ADULT RECONSTRUCTION SURGERY 100,000
    ALLIANCE FAMILY YMCA
    205 S Union Ave
    Alliance,OH44601     		N/A PUBLIC RENOVATION OF EXISTING STRUCTE OF ITS YOUTH CENTER, WELLNES CENTER, ORIGINAL POOL AREA, LOCKER ROOMS, AND THE RENOVATION OF THE FIRST FLOOR TO HOUSE THE INTERFAITH CHILD DEVELOPMENT CENTER. 100,000
    CANTON SYMPHONY ORCHESTRA ASSOCIATION
    1001 Market Ave N
    Canton,OH44702     		N/A PUBLIC TO UPDATE AND EXPAND UMSTATTD HALL 750,000
    Alice Peck Day Memorial Hospital
    10 Alice Peck Day Dr
    Lebanon,NH03766     		n/a public Completely renovate its primary hospital building 125,000
    Buckeye Council Inc
    2301 13th St NW
    Canton,OH44703     		n/a public construct a year round Cub Scout Outdoor Educational and Camping Center at Seven Ranges Scouting Reservation 500,000
    Community Building Partnership of Stark County In
    601 Cleveland Avenue N
    Canton,OH44702     		n/a public Fund the Canton Neighborhood Project to help rehabilitate low income neighborhoods 50,000
    Crawford County Education and Economic Development
    112 E Mansfield St
    Bucyrus,OH44820     		n/a public restore Crawford County Courthouse Annex to centralize the offices of the crawford county partnership 60,000
    David's House
    461 Mt support Road
    Lebanon,NH03766     		n/a public renovate a portion of David's House and add a four bedroom addition 60,000
    Habitat for Humanity of Greater Canton Inc
    2800 Leemont Avenue NW
    Canton,OH44709     		n/a public the rehibilitation of 10 single family Habitat homes in 2012 and 2013 in the target areas of Sandal Place NE in Canton and Columbia Heights SW in Massillion 137,500
    Hongqi Primary School
    Xiangtan
    City,Hunan Province  
    CH     		n/a public general support 22,749
    Jiangbin School
    Xiangtan
    City,Hunan Province  
    CH     		n/a public general support 97,921
    Stark Development Board Inc
    116 Cleveland Avenue NW
    Canton,OH447021730     		n/a public provide three years worth of operating expenses 333,333
    Team NEO Foundation
    737 Bolivar Road
    Cleveland,OH44115     		n/a public fund the Regional Business Attraction program and the staff required to support this work of Team NEO 125,000
    The Putnam Foundation
    1500 El Prado Balboa Park
    San Diego,CA92101     		n/a public acquire additional paintings for the Museum 750,000
    Union County
    210 West Main Street
    Union,SC29379     		n/a public modify baseball field #1 at the Timken Sports Complex so it will accommodate the special needs of all developmentally disabled children and qualify as a Miracle League Field 60,000
    Union County Historical Society of Union SC
    127 W Main Street
    Union,SC29379     		n/a public renovate the kitchen and restrooms of the cross keys house 60,000
    Total .................................bullet 3b 3,331,503
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 2,101  
    4 Dividends and interest from securities....     14 7,334,354  
    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     18 587,327  
    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)..   7,923,782  
    13Total. Add line 12, columns (b), (d), and (e)..................
    137,923,782
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AccountingFeesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX RETURN PREPARATION & AUDIT 27,096 0 0 27,096

    TY 2011 AllOthProgRltdInvestmentsSch
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount
    NONE  

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

    TY 2011 AmortizationSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description of Amortized Expenses Date Acquired, Completed, or Expended Amount Amortized Deduction for Prior Years Amortization Method Current Year Amortization Net Investment Income Adjusted Net Income Total Amount of Amortization
    SOFTWARE 2008-03-13 2,975 2,975 3.0       2,975
    MICROEDGE SOFTWARE 2009-03-02 3,093 2,663 3.0 430     3,093

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

    TY 2011 DepreciationSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    FURNITURE & EQUIP 2001-01-15 36,754 36,753 M7          
    LEASEHOLD IMPROVE 2001-01-15 14,551 10,686 M15   859      
    BUILDING IMPROVE 2001-01-15 65,506 17,992 M39   1,680      
    LEASEHOLD IMPROVE 2001-10-01 16,444 11,102 M15   972      
    FURNITURE & EQUIP 2001-10-01 1,556 1,555 M7          
    FURNITURE & EQUIP 2002-01-11 2,862 2,862 M7          
    FURNITURE & EQUIP 2002-04-18 2,842 2,842 M7          
    COMPUTERS 2004-03-01 1,805 1,805 M5          
    LAPTOP COMPUTER 2004-07-06 2,408 2,407 M5          
    PRINTER 2004-09-15 299 299 M5          
    SERVER 2004-09-30 1,410 1,410 M5          
    OFFICE FURNITURE 2004-10-08 5,125 4,896 M7   229      
    OFFICE FURNITURE 2004-11-19 458 437 M7   20      
    FURNITURE & EQUIP 2006-01-05 647 560 M7   58      
    FURNITURE & EQUIP 2006-06-06 2,489 2,156 M7   222      
    LAPTOP COMPUTER 2006-11-20 2,200 2,072 M5   127      
    COMPUTER 2010-03-25 1,128 587 M5   217      
    COMPUTER 2010-09-29 715 372 M5   137      
    COMPUTER 2010-09-29 1,415 736 M5   272      
    SECURITY SYSTEM 2010-02-03 9,709 5,049 M5   1,864      
    COPIER 2010-02-03 2,750 1,430 M5   528      

    TY 2011 InvestmentsCorpBondsSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALBERTSON'S, 7.25% 25,420 25,375
    DUE 5/1/13    
    AMERICAN AXLE, 5.25% 25,002 25,000
    DUE 2/11/14    
    AT&T WIRELESS, 8.125% 0 0
    DUE 5/1/12    
    BOEING CAPITAL CORP., 6.5% 0 0
    DUE 2/15/12    
    CAMPBELL SOUP, 8.875% 293,039 440,208
    DUE 5/1/21    
    CHUBB, 6.0%, DUE 11/15/11 0 0
    FIRST ENERGY, 6.45% 0 0
    DUE 11/15/11    
    DONNELLY RR, 8.875% 244,195 261,300
    DUE 4/15/21    
    GOLDMAN SACHS, 1.439% 30,000 29,985
    DUE 2/7/14    
    HALLIBURTON, 8.75%, DUE 259,202 391,411
    2/15/21    
    HCA INC, 5.75% 100,151 105,000
    DUE 3/15/14    
    HCA INC, 6.375% 100,545 107,750
    DUE 1/15/15    
    HERTZ CORP, 7.625% 0 0
    DUE 6/1/12    
    IBM, 7.5%, DUE 6/15/13 1,012,096 1,051,450
    INT LEASE, 5.75% 50,291 53,012
    DUE 5/15/16    
    INT LEASE 6.375% 99,702 102,000
    DUE 3/25/13    
    KB HOME, 5.75% 25,119 25,938
    DUE 2/1/14    
    KIMBERLY CLARK, 6.875% 193,783 217,082
    DUE 2/15/14    
    MORGAN STANLEY, 6.6% 0 0
    DUE 4/1/12    
    NORFOLK SOUTHERN, 9% 108,300 149,260
    DUE 3/1/21    
    WYETH, 5.5%, DUE 2/1/14 1,039,936 1,068,160
    REGIONS FINANCIAL 5.75% 75,267 80,530
    DUE 6/15/15    
    SPRINT CAP, 8.375% 0 0
    DUE 3/15/12    
    STANDARD PAC CORP, 6.25% 25,396 25,675
    DUE 4/1/14    
    SYNOVUS FINANCIAL, 4.875% 24,815 25,031
    DUE 2/15/13    
    TORCH MARK, 7.875% 101,309 122,923
    DUE 5/15/23    
    UNITED TECH, 8.875% 288,719 413,406
    DUE 11/15/19    
    WALMART STORES, 7.25%, DUE 1,059,173 1,044,490
    6/1/13    
    WALT DISNEY, 6.375%, DUE 0 0
    3/1/12    
    ZIONS BANCORP, 5.5% 23,298 23,465
    DUE 11/16/15    
    AMERICAN GEN FIN, 4.875% 0 0
    DUE 7/15/12    
    AMERICAN GEN FIN, 5.85% 0 0
    DUE 6/1/13    
    ANHEUSER-BUSCH 4.375% 748,266 757,178
    DUE 1/15/13    
    APACHE GROUP 6.25% 0 0
    DUE 4/15/12    
    MORGAN STANLEY GLOBAL 4.75% 48,031 51,760
    DUE 04/01/14    
    MET LIFE INC 5.5% DUE 06/15/14 501,939 539,505
    PEPSIAMERICAS INC 4.875% 1,370,962 1,519,788
    DUE 01/15/15    
    MERCK & CO 4.75$ DUE 03/01/15 989,578 1,101,630
    KNIGHT CAPITAL GROUP 3.5% 22,793 22,875
    DUE 03/15/15    
    MBNA CORP 5% DUE 06/15/15 1,475,645 1,607,505
    E TRADE FINANCIAL 7.875% 50,000 50,938
    DUE 12/01/15    
    JEFFRIES GROUP INC 5.5% 95,687 105,000
    DUE 03/15/16    
    ADELPHIA SECURITY (DEFAULT) 1 722
    7.75%, DUE 1/15/09    
    ALPHA NATURAL RESOURCES 388,036 333,000
    6.25%, DUE 6/1/21    
    ANTERO RESOURCES FINANCE 63,551 70,720
    9.375% DUE 12/01/17    
    ARCH COAL INC 7.25% 97,010 84,000
    7.25% DUE 10/01/20    
    ARCH COAL INC SERIES 144A 261,875 227,120
    7.25%, DUE 6/15/21    
    ARCH WESTERN 0 0
    6.75%, DUE 7/1/2013    
    BALL CORP 6.75 DUE 09/15/20 112,733 119,900
    BERRY PETROLEUM 8.25%, DUE 0 0
    11/01/16    
    BOISE PAPER HDG/CO ISSR 8% 90,553 98,775
    DUE 04/01/2020    
    BRIGHAM EXPLORATION CO 0 0
    6.875%, DUE 6/1/19    
    CF INDUSTRIES INC 631,375 775,590
    7.125% DUE 05/01/20    
    CSC HOLDING INC DBT, 472,008 576,250
    7.625%, DUE 7/15/18    
    CELANESE US HOLDINGS LLC 102,705 108,405
    6.625%, DUE 10/15/18    
    CB CENTURY COMM ESCROW 1 8,165
    8.875%, DUE 1/15/07    
    CLEARWATER PAPER CORP, 7.125% 30,000 32,625
    DUE 11/1/18    
    COLUMBIA / HCA HEALTHCARE CORP 94,983 110,595
    7.19%, DUE 11/15/15    
    CONCHO RESOURCES INC 65,061 72,765
    8.625% 10/01/2017    
    CONCHO RESOURCES INC 102,395 113,120
    7.00%, DUE 1/15/21    
    CONCHO RESOURCES INC 94,000 103,635
    6.50%, DUE 1/15/22    
    CONCHO RESOURCES INC 80,000 83,400
    5.5% DUE 10/01/22    
    CONCHO RESOURCES INC 300,000 313,500
    5.5% DUE 04/01/23    
    CONSOL ENERGY INC SERIES 144A 27,034 26,258
    6.375%, DUE 3/1/21    
    CONTINENTAL RESOURCES INC 32,723 37,125
    8.25% DUE 10/01/2019    
    CONTINENTAL RESOURCES INC 24,969 28,000
    7.375% DUE 10/01/20    
    CROWN AMER/CAP SERIES III 144A 54,750 61,325
    6.25%, DUE 2/1/21    
    CROWN CORK & SEAL CO 280,309 346,810
    7.375% 12/15/2026    
    DAVITA INC. 6.375% 245,326 264,740
    DUE 11/1/18    
    DAVITA INC 6.625% 207,793 224,438
    DUE 11/1/20    
    DAVITA INC 5.755% 225,000 234,000
    DUE 08/15/22    
    DENBURY RESOURCES INC, 6.375% 150,938 164,920
    DUE 8/15/21    
    DENBURY RESOURCES INC, 8.25% 131,000 147,703
    DUE 2/15/20    
    EP ENER/EVEREST ACQ FIN SERIES 50,000 51,000
    7.75% DUE 09/01/22    
    ENDO HEALTH SOLUTIONS INC. 95,000 102,600
    7.25%, DUE 1/15/22    
    EVEREST ACQ LLC/FINANCE SERIES 450,000 490,500
    9.375% DUE 05/01/20    
    FORESIGHT ENERGY LL/CORP SER 129,310 138,690
    9.625% DUE 08/15/17    
    FOREST OIL CORP, 7.25%, 624,618 666,960
    DUE 6/15/19    
    FRESENIUS MED CARE II SERIES 30,000 32,100
    5.875% DUE 01/31/2022    
    FRESENIUS MED CARE SERIES 144A 59,624 65,270
    5.75%, DUE 2/15/21    
    GOODRICH PETROLEUM CORP 8.875% 102,000 98,685
    DUE 03/15/2019    
    HCA INC NTS 0 0
    6.75%, DUE 7/15/13    
    HCA INC NTS 0 0
    6.25%, DUE 2/15/13    
    HCA INC NTS 37,833 40,700
    6.50%, DUE 2/15/16    
    HALCON RESOURCES CORP SERIES 14,797 15,338
    9.75% DUE 07/15/20    
    HEALTHSOUTH CORP 7.25% 131,460 140,725
    DUE 10/1/18    
    HEALTHSOUTH CORP 7.75% 124,698 136,563
    DUE 9/15/22    
    HEALTHSOUTH CORP 5.75% 60,000 61,050
    DUE 11/1/24    
    HEALTH MGMT ASSOC INC 6.125% 349,568 453,440
    DUE 04/15/16    
    HEALTH MGMT ASSOC INC SERIES 9,950 10,850
    DUE 01/15/20    
    HEXCEL CORP SR SUB NT 0 0
    6.75%, DUE 2/1/15    
    IASIS HEALTHCARE SERIES 144A 44,675 42,975
    8.375%, DUE 5/15/19    
    IRON MOUNTAIN INC 5.75% 75,000 75,188
    DUE 08/15/2024    
    LAMAR MEDIA CORP SR WI-C, 153,048 178,954
    6.625%, DUE 8/15/15    
    LAMAR MEDIA CORP, 6.625% 0 0
    08/15/2015    
    LAMAR MEDIA CORP 0 0
    6.625% 08/15/2015-2010    
    LAMAR MEDIA CORP 150,000 159,750
    5.875% DUE 02/01/22    
    LAREDO PETROLEUM INC 168,781 183,465
    9.5%, DUE 2/15/19    
    LIFEPOINT HOSPITALS INC SERIES 55,356 59,675
    6.625% DUE 10/01/20    
    MAGNUM HUNTER RESOURCES CORP 69,052 71,400
    9.75% DUE 05/15/20    
    MARKWEST ENERGY PART/FIN 221,615 238,095
    6.5% DUE 08/15/21    
    MARKWEST ENERGY PART/FIN 150,000 161,250
    6.25% DUE 06/15/22    
    MOOG INC 6.25% DUE 01/15/15 46,320 48,480
    NRG ENERGY INC, 8.25% 183,000 199,470
    DUE 09/01/20    
    NRG ENERGY INC, 7.625% 745,000 789,700
    DUE 5/15/19    
    NRG ENERGY INC, 7.825% 373,000 405,638
    DUE 5/15/21    
    NALCO COMPANY 0 0
    6.625%, DUE 1/15/19    
    NEENAH PAPER INC, 7.375% 122,664 203,515
    DUE 11/15/14    
    NEWFIELD EXPL CO 337,950 363,975
    7.125%, DUE 05/15/2018    
    NEWFIELD EXPL CO SR SUB NTS, 0 0
    6.625%, DUE 9/1/09-14    
    NEWFIELD EXPLORATION COMPANY 0 0
    6.625%, DUE 4/15/16    
    NOVA CHEMICALS CORP 111,650 109,863
    DUE 11/15/13    
    OASIS PETROLEUM INC 6.875% 150,000 159,375
    DUE 01/15/23    
    OMNICARE INC SR SUB NT, 0 0
    6.875%, DUE 12/15/2015    
    OMNICARE INC SR SUB NTS 0 0
    6.125%, DUE 6/1/2013    
    OMNICARE INC 7.75% 14,990 16,500
    DUE 06/01/20    
    PEABODY ENERGY CORP 6.25% 129,775 129,350
    DUE 11/15/21    
    PHIBRO ANIMAL HEALTH SERVICES 74,208 72,750
    DUE 07/01/18    
    PLAINS EXPLORATION & PRODUCT, 0 0
    7%, DUE 3/15/17    
    PLAINS EXPLORATION & PRODUCT, 0 0
    7.75%, DUE 6/15/15    
    PLAINS EXPLORATION & PRODUCT, 120,000 127,800
    7.625% DUE 06/01/18    
    PLAINS EXPLORATION & PRODUCT, 492,000 499,380
    6.625% DUE 05/01/21    
    PLAINS EXPLORATION & PRODUCT, 585,000 593,775
    6.75% DUE 02/01/22    
    POLYMER GROUP INC 7.75% 135,250 138,450
    DUE 02/01/19    
    RANGE RESOURCES CORP 502,133 526,240
    7.5%, DUE 10/01/2017-2012    
    RANGE RESOURCES CORP 34,000 37,400
    6.75% DUE 08/01/20    
    SM ENERGY CO SERIES WI 6.625% 263,323 270,080
    DUE 02/15/19    
    SAMSON INVESTMENT COMPANY SER 565,000 581,950
    9.75% DUE 02/15/20    
    SANDRIDGE ENERGY INC 7.5% 66,000 67,980
    DUE 03/15/21    
    SEALED AIR CORP SERIES 144A 431,845 483,840
    8.375% 09/15/21    
    TECK RESOURCES LIMITED 343,251 500,186
    6.125%, DUE 10/01/2035    
    TEXAS COMPETITIVE/TECH TEXAS 95,000 27,000
    10.25% DUE 11/01/15    
    WARNER CHILCOTT CO LLC 231,215 240,188
    DUE 09/15/18    
    WHITING PETROLEUM CORP, 7% 143,221 174,660
    DUE 2/1/14    
    WHITING PETROLEUM CORP 6.5% 14,700 16,088
    DUE 10/01/18    
    RIO TINTO FIN USA LTD 39,034 54,696
    9% 05/01/2019    
    MARKWEST ENERGY PART, 8.75% 0 0
    DUE 04/15/18    
    MCMORAN EXPLORATION CO 11.875% 0 0
    DUE 11/15/14    
    CIT GROUP, INC. 7% DUE 0 0
    05/01/2014    
    CIT GROUP, INC. 7% DUE 0 0
    05/01/2015    
    CIT GROUP, INC. 7% DUE 0 0
    05/01/2016    
    CIT GROUP, INC. 7% DUE 0 0
    05/01/2017    
    GEORGIA PACIFIC CORP SERIES 0 0
    7.125% - 01/15/2017    
    PETROHAWK ENERGY CORP 7.25% 0 0
    08/15/2018    

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Name of Stock End of Year Book Value End of Year Fair Market Value
    70,750 ROCKWELL AUTOMATION 50,558 4,920,663
    5,097,944 THE TIMKEN COMPANY 43,498,246 189,439,599
    122,550 ROCKWELL COLLINS 133,240 6,573,582
    750,621.848 PIMCO ALL ASSET FD 7,922,665 8,339,409
    104,913.123 PIMCO SHORT TERM 1,028,345 1,037,591
    122,141 ADELPHIA CONTINGENT 68,399 1,221
    93,085 ADELPHIA CONTINGENT 7,973 9
    600 3 M COMPANY 51,981 55,452
    1,100 ABBOTT LABORATORIES 57,529 75,416
    1,000 ACCENTURE PLC IRELAND 55,427 70,030
    25 AMERICA MOVIL S A B DE 609 636
    2,000 ARCHER DANIELS MIDLAND 59,156 54,360
    700 BHP BILLITON LIMITED 0 0
    14,125 BGC PARNTERS INC 92,927 69,213
    2,100 BISTROL MYERS SQUIBB CO 61,663 70,875
    600 CATERPILLAR INC. 56,752 51,624
    3,400 CENTURY LINK INC 124,027 137,360
    1,450 CHESAPEAKE ENERGY 117,658 118,255
    800 CHEVRON CORP 0 0
    600 CUMMINS INC 57,543 55,326
    1,700 CVS CAREMARK CORP 61,474 82,314
    900 DIAMOND OFFSHORE DRILLING 59,748 59,229
    1,600 DU PONT E.I.DE NEMOURS 79,171 80,432
    6,476 GENERAL MOTORS 743,007 147,329
    1,100 HJ HEINZ CO. 58,340 61,545
    1,000 HOME DEPOT INC 49,055 60,370
    4,600 INTEL CORP 100,108 104,213
    400 IBM 68,529 82,980
    900 JOHNSON & JOHNSON 0 0
    5,300 JP MORGAN CHASE & CO 191,354 214,356
    1,000 KLA-TENCOR CORP 45,602 47,705
    2,000 LOWES COMPANIES INC 53,332 60,480
    4,000 MICROSOFT CORP 104,146 119,040
    900 NESTLE 0 0
    1,626 MOTORS LIQUIDATION CO 0 27,317
    900 NESTLE S A SPNSD ADR 55,215 56,889
    800 OCCIDENTAL PETROLEUM CORP 0 0
    1,200 PEPSICO 78,841 84,924
    2,900 PFIZER INC. 56,021 72,065
    900 PHILLIP MORRIS 0 0
    1,100 QUALCOMM 59,094 68,717
    700 SMUCKER JM COMPANY 52,529 60,431
    1,600 TEVA PHARMACEUTICAL 69,109 66,256
    1,000 TOTAL S A 0 0
    1,000 UNITED HEALTH GROUP INC 55,602 55,410
    8,025 EATON VANCE SHORT 136,367 141,401
    203,492.965 FRANKLIN INCOME FD 428,116 453,789
    9,925 FRANKLIN TEMPLETON LTD 136,078 146,493
    53,383.782 IVY FDS INC 439,619 454,830
    28,292.442 LOOMIS SAYLES STRAT 425,539 432,874
    10,450 NFJ DIVIDEND INT & PREM 174,400 175,769

    TY 2011 InvestmentsGovtObligationsSch
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    US Government Securities - End of Year Book Value:

    496,333
    US Government Securities - End of Year Fair Market Value:

    534,688
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2011 InvestmentsOtherSchedule2
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ANTIQUE AT COST 6,700 6,700
    11,242 GM WARRANTS 7/10/16 AT COST 878,515 129,749
    5,000 EJF DEBT OPPORTUNITIES AT COST 500,000 536,110

    TY 2011 LandEtcSchedule2
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE & EQUIP 36,754 36,753 1  
    LEASEHOLD IMPROVE 14,551 11,545 3,006  
    BUILDING IMPROVE 65,506 19,672 45,834  
    LEASEHOLD IMPROVE 16,444 12,074 4,370  
    FURNITURE & EQUIP 1,556 1,555 1  
    FURNITURE & EQUIP 2,862 2,862    
    FURNITURE & EQUIP 2,842 2,842    
    COMPUTERS 1,805 1,805    
    LAPTOP COMPUTER 2,408 2,407 1  
    PRINTER 299 299    
    SERVER 1,410 1,410    
    OFFICE FURNITURE 5,125 5,125    
    OFFICE FURNITURE 458 457 1  
    FURNITURE & EQUIP 647 618 29  
    FURNITURE & EQUIP 2,489 2,378 111  
    LAPTOP COMPUTER 2,200 2,199 1  
    SOFTWARE 2,975 2,975    
    MICROEDGE SOFTWARE 3,093 3,093    
    COMPUTER 1,128 804 324  
    COMPUTER 715 509 206  
    COMPUTER 1,415 1,008 407  
    SECURITY SYSTEM 9,709 6,913 2,796  
    COPIER 2,750 1,958 792  


    TY 2011 LegalFeesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRANT ADMINISTRATION MATTERS 29,376 0 0 29,376


    TY 2011 OtherAssetsSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 10 10 10
    WR HUFF - PURCHASED INTEREST 8,362 771 771
    PAYROLL TAXES   875 875
    CALL DU PONT DE NEMOUR   -2,497 -48
    CALL LOWES COMPANIES INC   -1,587 -3,100
    CALL PEPSICO INC   -1,373 -1,668
    CALL ROCKWELL COLLINS   -12,914  
    CALL ROCKWELL AUTOMATN   -19,073 -1,000
    CALL CATERPILLAR INC   -875 -192
    CALL HOME DEPOT INC   -1,588 -8,050
    CALL HEINZ H J CO   -1,219 -2,255
    CALL QUALCOMM INC   -2,115 -3,850
    CALL ACCENTURE PLC   -1,421 -6,200
    CALL SMUCKER JM CO   -1,250 -5,320
    CALL INTL BUSINESS MACH   -1,268 -2,460
    CALL CVS CAREMARK CORP   -1,846 -3,451
    CALL 3M COMPANY   -1,016 -1,176
    CALL ROCKWELL COLLINS   -14,648 -19,000
    CALL ROCKWELL AUTOMATN   -10,701 -2,000


    TY 2011 OtherExpensesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 16,694 0 0 16,694
    MISCELLANEOUS 111 0 0 111
    PAYROLL EXPENSES 4,845 0 0 4,845
    OFFICE EXPENSES 5,721 0 0 5,721
    POSTAGE 1,281 0 0 1,281
    SUPPLIES 218 0 0 218
    TELEPHONE 7,844 0 0 7,844
    COMPUTER EXPENSE 15,756 0 0 15,756
    STATE FILING FEE 441 0 0 441
    AMORTIZATION 35,129 35,129 0 0
    BANK SERVICE CHARGES 388 0 0 388
    PENALTIES 3,489      


    TY 2011 OtherLiabilitiesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Description Beginning of Year - Book Value End of Year - Book Value
    EXCISE TAX PAYABLE 147,844 0
    PAYROLL TAXES WITHHELD 2,437 0


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 110,632 110,632 0 0
    STAFFING FEES 3,182 0 0 3,182


    TY 2011 TaxesSchedule
    Name:
    TIMKEN FOUNDATION OF CANTON
    EIN: 34-6520254
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 21,865 2,608 0 19,257
    EXCISE TAX INVESTMENT INCOME 155,000 0 0 0
    FOREIGN WITHHOLDING TAX 1,892 1,892 0 0