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
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
EDELSTEIN FAMILY FOUNDATION 050013733200
 

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 64713 TRUST TAX SERVICES   Room/suite
City or town, state, and ZIP code
ST PAUL, MN551640713
A Employer identification number

41-6013675
B Telephone number (see instructions)

(612) 303-3208
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$36,204,472J 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 instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 1,072,968 1,072,968  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 467,318
b Gross sales price for all assets on line 6a 12,582,663
7 Capital gain net income (from Part IV, line 2)... 467,318
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)....... Click to see attachment 23,731 -3  
12 Total. Add lines 1 through 11........ 1,564,017 1,540,283  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 294,352 154,611   139,741
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule)......... Click to see attachment 4,320 2,160 0 2,160
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 26,129 15,129   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 883 97   786
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 325,684 171,997 0 142,687
25 Contributions, gifts, grants paid........ 1,535,190 1,535,190
26 Total expenses and disbursements. Add lines 24 and 25 1,860,874 171,997 0 1,677,877
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -296,857
b Net investment income (if negative, enter -0-) 1,368,286
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
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.......... 1,524,310 1,318,149 1,318,149
3 Accounts receivable bullet81,063
Less: allowance for doubtful accounts bullet   95,017 81,063 81,063
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,428,962 Click to see attachment1,428,962 1,571,412
b Investments—corporate stock (attach schedule)........ 19,126,599 Click to see attachment18,311,985 23,443,377
c Investments—corporate bonds (attach schedule)........ 8,563,202 Click to see attachment9,301,107 9,790,471
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment9,635    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,747,725 30,441,266 36,204,472
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue.................. 321 154
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 attachment200
23 Total liabilities (add lines 17 through 22).......... 321 354
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......... 30,747,404 30,440,912
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).................... 30,747,404 30,440,912
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 30,747,725 30,441,266
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 30,747,404
2 Enter amount from Part I, line 27a..................... 2 -296,857
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 30,450,547
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 9,635
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 30,440,912
Form 990-PF (2012)
Form 990-PF (2012)
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 405. AVALONBAY CMNTYS INC   2011-12-13 2012-01-12
b 3858. IPATH DOW JONES UBS COMMODITY   2011-12-29 2012-01-12
c 7456. IPATH DOW JONES UBS COMMODITY   2011-12-29 2012-01-12
d 1814. BROADCOM CORP CL A   2011-12-13 2012-01-12
e 304. CARNIVAL CORP   1911-11-11 2012-01-12
1200. FLIR SYSTEMS INC   1911-11-11 2012-01-12
863. FLUOR CORP   2011-12-07 2012-01-12
2441. HARSCO CORP   2011-12-13 2012-01-12
1452. HELIX ENERGY SOLUTIONS GROUP INC   2011-12-07 2012-01-12
459. JOY GLOBAL INC   1911-11-11 2012-01-12
670. KANSAS CITY SOUTHERN   1911-11-11 2012-01-12
657. KOHLS CORP   2011-06-28 2012-01-12
175. LOWES CO INC   2010-02-04 2012-01-12
257. NOVELLUS SYSTEMS INC   1911-11-11 2012-01-12
311. ORACLE CORPORATION   2011-11-23 2012-01-12
3389. ORACLE CORPORATION   2011-04-20 2012-01-12
364. PUBLIC SVC ENTERPRISE GROUP INC   1911-11-11 2012-01-12
138. QUALCOMM INC   1911-11-11 2012-01-12
285. TEXAS INSTRUMENTS INC   1911-11-11 2012-01-12
149. UNITED PARCEL SERVICE INC CL B   1911-11-11 2012-01-12
1419. UNUM GROUP   1911-11-11 2012-01-12
21. VIACOM INC CLASS B   1911-11-11 2012-01-12
150. VIACOM INC CLASS B   2010-02-10 2012-01-12
135. ACCENTURE PLC CL A   2011-11-23 2012-01-12
222. XL GROUP PLC   1911-11-11 2012-01-12
1446. IPATH DOW JONES UBS COMMODITY   2011-12-29 2012-01-18
206. FRANKLIN RES INC   1911-11-11 2012-01-18
249. FRANKLIN RES INC   2011-12-07 2012-01-18
244. GOLDMAN SACHS GROUP INC   1911-11-11 2012-01-18
248. GOLDMAN SACHS GROUP INC   2011-12-07 2012-01-18
458. PRUDENTIAL FINANCIAL INC   1911-11-11 2012-01-18
536. TIME WARNER CABLE INC   2011-04-20 2012-01-18
1104. DISCOVER FINL SVCS   1911-11-11 2012-01-27
688. ENERGEN CORP   2011-12-13 2012-01-27
300. GARDNER DENVER INC   2012-01-12 2012-01-27
419. HESS CORP   2011-05-16 2012-01-27
536. NORDSON CORP   2011-12-13 2012-01-27
6. ACCENTURE PLC CL A   2011-05-16 2012-01-30
1183. ACCENTURE PLC CL A   2011-06-28 2012-01-30
211. ANADARKO PETROLEUM CORP   2012-01-12 2012-01-31
172. APACHE CORP   1911-11-11 2012-01-31
146. CARNIVAL CORP   1911-11-11 2012-01-31
467. EXXON MOBIL CORP   1911-11-11 2012-01-31
282. FORRESTER RESH INC   1911-11-11 2012-01-31
179. HESS CORP   2012-01-12 2012-01-31
10. MASTERCARD INC   2010-02-05 2012-01-31
13. MASTERCARD INC   1911-11-11 2012-01-31
140. METLIFE INC   2012-01-12 2012-01-31
105. TERADATA CORP DEL   2010-02-12 2012-01-31
889. IPATH DOW JONES UBS COMMODITY   2011-12-29 2012-02-02
592. IPATH DOW JONES UBS COMMODITY   2011-12-29 2012-02-03
459. ABBOTT LABORATORIES   1911-11-11 2012-02-10
111. CNOOC LTD A D R   2011-04-20 2012-02-10
991. GENERAL MILLS INC   1911-11-11 2012-02-10
633. NEWFIELD EXPL CO   2012-01-27 2012-02-10
1511. PEPSICO INC   1911-11-11 2012-02-10
47. PRICELINE COM INC   2011-04-20 2012-02-10
1766. PUBLIC SVC ENTERPRISE GROUP INC   1911-11-11 2012-02-10
17. WAL MART STORES INC   2012-01-12 2012-02-10
479. WAL MART STORES INC   1911-11-11 2012-02-10
547. AON CORP   2012-01-18 2012-02-27
1290. CARNIVAL CORP   1911-11-11 2012-02-27
1348. JOHNSON JOHNSON   2011-04-20 2012-02-27
750. PEABODY ENERGY CORP   1911-11-11 2012-02-27
913. HALLIBURTON CO   2011-06-28 2012-02-28
111. AON CORP   2011-12-13 2012-04-02
1125. MEDCO HEALTH SOLUTIONS INC   1911-11-11 2012-04-02
225. MEDCO HEALTH SOLUTIONS INC   1911-11-11 2012-04-02
.25 EXPRESS SCRIPTS HLDGS C   1911-11-11 2012-04-10
.25 EXPRESS SCRIPTS HLDGS C   1911-11-11 2012-04-10
142457.119 NUVEEN TRADEWINDS INTL VAL - CL I   2012-01-18 2012-04-17
.5 PHILLIPS 66   2011-11-23 2012-05-10
1866. ABB LTD A D R   2011-12-07 2012-05-31
927. AGCO CORP   2011-12-07 2012-05-31
21278.195 ABERDEEN FDS EMRGN   2011-10-18 2012-05-31
504. AMGEN INC   2011-04-20 2012-05-31
98. APPLE INC   1911-11-11 2012-05-31
319. B H P BILLITON LIMITED A D R   2011-11-23 2012-05-31
564. BORG WARNER INC   2011-04-20 2012-05-31
835. CARNIVAL CORP   1911-11-11 2012-05-31
846. COMPANHIA DE BEBIDAS P R A D R   2011-04-28 2012-05-31
413. E O G RES INC   2010-02-10 2012-05-31
20. EXPRESS SCRIPTS HLDGS C   2011-04-20 2012-05-31
182. EXPRESS SCRIPTS HLDGS C   1911-11-11 2012-05-31
911. EXPRESS SCRIPTS HLDGS C   1911-11-11 2012-05-31
543. FMC TECHNOLOGIES INC   2011-04-20 2012-05-31
212. FREEPORT MCMORAN COPPER GOLD   2011-11-23 2012-05-31
987. GENTEX CORP   2011-09-21 2012-05-31
410. HALLIBURTON CO   2012-01-12 2012-05-31
1414. HELIX ENERGY SOLUTIONS GROUP INC   2012-02-27 2012-05-31
163. INTERDIGITAL INC   1911-11-11 2012-05-31
51. MCDONALDS CORP   2011-12-13 2012-05-31
5. MCDONALDS CORP   2011-04-20 2012-05-31
623. MCDONALDS CORP   2011-04-20 2012-05-31
2089. METLIFE INC   2011-12-07 2012-05-31
2342. ORACLE CORPORATION   2012-02-27 2012-05-31
174. P P L CORPORATION   2011-12-13 2012-05-31
1959. P P L CORPORATION   2011-09-21 2012-05-31
235. PEABODY ENERGY CORP   2011-11-23 2012-05-31
298. PERRIGO CO   2011-04-20 2012-05-31
3. PRAXAIR INC   2011-09-21 2012-05-31
233. PRAXAIR INC   2012-01-12 2012-05-31
20810.118 LAUDUS INTL MARKETMASTERS FUND SEL   2011-12-29 2012-05-31
1100. TEVA PHARMACEUTICAL INDS LTD A D R   2012-01-12 2012-05-31
1350. TIME WARNER INC   2011-12-13 2012-05-31
471. UNION PACIFIC CORP   2011-04-20 2012-05-31
111. AON PLC   2011-12-13 2012-05-31
13596.193 SCOUT INTERNATIONAL FUND   2012-04-17 2012-06-22
. COMPANHIA DE BEBIDAS P R A D R     2012-06-25
. COMPANHIA DE BEBIDAS P R A D R     2012-06-25
.625 LAM RESEARCH CORP   1911-11-11 2012-06-25
.875 LAM RESEARCH CORP   1911-11-11 2012-06-25
13812.155 ABERDEEN FDS EMRGN   2012-02-03 2012-06-28
346. AMGEN INC   2011-04-20 2012-06-28
211. APPLE INC   1911-11-11 2012-06-28
502. APTAR GROUP INC   2012-05-31 2012-06-28
263. AVALONBAY CMNTYS INC   2012-02-27 2012-06-28
1522. B H P BILLITON LIMITED A D R   2011-12-16 2012-06-28
462. BOEING CO   2011-04-20 2012-06-28
680. BOSTON PPTYS INC   2011-04-20 2012-06-28
677. CELANESE CORP SER A   2012-01-18 2012-06-28
523. DISNEY WALT CO   2012-05-31 2012-06-28
512. E O G RES INC   2010-02-10 2012-06-28
1926. FIFTH THIRD BANCORP   2011-12-16 2012-06-28
1590. FREEPORT MCMORAN COPPER GOLD   2011-12-07 2012-06-28
265. GOLDMAN SACHS GROUP INC   2012-05-31 2012-06-28
315. HUMANA INC   1911-11-11 2012-06-28
190. INTERCONTINENTAL EXCHANGE INC   2012-02-10 2012-06-28
522. J P MORGAN CHASE CO   1911-11-11 2012-06-28
682. J P MORGAN CHASE CO   2012-01-12 2012-06-28
2023. JEFFERIES GROUP INC   2011-12-16 2012-06-28
6462. KEYCORP NEW   2012-01-12 2012-06-28
1196. MARATHON OIL CORPORATION   2012-05-31 2012-06-28
846. MERCK AND CO INC   1911-11-11 2012-06-28
503. MICROS SYS INC   2011-04-20 2012-06-28
423. NETEASE INC A D R   2011-05-16 2012-06-28
819. NEWFIELD EXPL CO   2012-05-31 2012-06-28
18759.873 NUVEEN HIGH INCOME BOND FD CL I   2011-03-15 2012-06-28
747. OCCIDENTAL PETROLEUM CORPORATION   1911-11-11 2012-06-28
968. P N C FINANCIAL SERVICES GROUP INC   1911-11-11 2012-06-28
174. PANERA BREAD COMPANY CL A   2012-01-12 2012-06-28
410. T ROWE PRICE GROUP INC   2012-01-27 2012-06-28
447. TRAVELERS COS INC   2012-05-31 2012-06-28
413. UNION PACIFIC CORP   2011-04-20 2012-06-28
1770. VODAFONE GROUP PLC A D R   2011-04-20 2012-06-28
1025. WELLS FARGO CO   1911-11-11 2012-06-28
349. ACE LTD   2011-05-16 2012-06-28
915. TYCO INTERNATIONAL LTD   2010-02-09 2012-06-28
134. COMPANHIA DE BEBIDAS P R A D R   2011-04-20 2012-07-23
4016.95 CREDIT SUISSE COMM RET ST CO   2012-02-02 2012-07-23
470. FORD MOTOR CO   2012-05-31 2012-07-23
2081.421 NUVEEN MID CAP GRWTH OPP FD CL I   2011-04-26 2012-07-23
54. PIONEER NAT RES CO   2012-01-12 2012-07-23
94. COVIDIEN PLC   2011-04-20 2012-07-23
291. GOODRICH CORP.   2011-04-20 2012-07-26
93. JOY GLOBAL INC   1911-11-11 2012-07-30
121. STATE STR CORP   2012-05-31 2012-07-30
500000. HERSHEY FOODS CORP 6.950% 8/15/12   1997-08-15 2012-08-15
463. AMERIPRISE FINL INC   2012-02-10 2012-08-21
456. ANSYS INC   2011-04-28 2012-08-21
87. ANSYS INC   2011-06-28 2012-08-21
53. APPLE INC   1911-11-11 2012-08-21
886. BRISTOL MYERS SQUIBB CO   2012-06-28 2012-08-21
843. CVS CAREMARK CORP   1911-11-11 2012-08-21
7955. CISCO SYS INC   2011-06-28 2012-08-21
2105. COMPANHIA DE BEBIDAS P R A D R   2011-04-20 2012-08-21
15473.411 CREDIT SUISSE COMM RET ST CO   2012-02-02 2012-08-21
1547. DISCOVER FINL SVCS   1911-11-11 2012-08-21
4394. FORD MOTOR CO   2012-05-31 2012-08-21
1500. FORRESTER RESH INC   1911-11-11 2012-08-21
323. HALLIBURTON CO   2011-06-28 2012-08-21
339. HALLIBURTON CO   2011-12-07 2012-08-21
74. HUMANA INC   1911-11-11 2012-08-21
835. HUMANA INC   1911-11-11 2012-08-21
880. J P MORGAN CHASE CO   1911-11-11 2012-08-21
402. KIRBY CORP   2011-12-16 2012-08-21
1173. MCDONALDS CORP   2011-04-20 2012-08-21
822. PIONEER NAT RES CO   2011-04-28 2012-08-21
602. QUESTCOR PHARMACEUTICALS INC   2012-05-31 2012-08-21
2018. REDWOOD TRUST INC   2012-06-28 2012-08-21
244. SIMON PROPERTY GROUP INC   2011-04-28 2012-08-21
565. SOTHEBYS HLDGS INC CL A   1911-11-11 2012-08-21
120. VARIAN MED SYS INC   2011-04-20 2012-08-21
350. VARIAN MED SYS INC   2011-04-28 2012-08-21
274. VARIAN MED SYS INC   2011-12-07 2012-08-21
174. VODAFONE GROUP PLC A D R   2011-04-20 2012-08-21
320. WATERS CORP   2012-06-28 2012-08-21
194. WELLS FARGO CO   1911-11-11 2012-08-21
.5 THE ADT CORPORATION   2010-02-09 2012-10-17
.3407 PENTAIR INC   2010-02-09 2012-10-17
.6667 KRAFT FOODS GROUP INC   2011-04-26 2012-10-19
117. AFLAC INC   2011-04-20 2012-11-09
3547.914 INV BALANCE RISK COMM STR Y   2012-08-21 2012-11-09
56. ALLERGAN INC   2012-05-31 2012-11-09
392. BAIDU COM INC A D R   2012-05-31 2012-11-09
78. BAIDU COM INC A D R   2012-05-31 2012-11-09
276. BROADCOM CORP CL A   2012-08-21 2012-11-09
111. CNOOC LTD A D R   2011-04-20 2012-11-09
11. CNOOC LTD A D R   2011-12-16 2012-11-09
33. CNOOC LTD A D R   2011-04-20 2012-11-09
631. DU PONT E I DE NEMOURS & CO   2012-06-28 2012-11-09
104. DU PONT E I DE NEMOURS & CO   2012-05-31 2012-11-09
115. MERCK AND CO INC   1911-11-11 2012-11-09
1211. MICROSOFT CORP   1911-11-11 2012-11-09
280. NIKE INC   2011-09-21 2012-11-09
58. NIKE INC   2012-05-31 2012-11-09
33185.82 NUVEEN REAL ESTATE SECS I   2012-08-16 2012-11-09
4178.942 NUVEEN SMALL CAP SELECT FD CL I   2012-08-16 2012-11-09
1217.652 NUVEEN SMALL CAP SELECT FD CL I   2011-04-20 2012-11-09
575.403 PIMCO TOTAL RETURN FUND INST   2012-10-31 2012-11-09
1074.06 PIMCO TOTAL RETURN FUND INST   2011-07-29 2012-11-09
1000.192 PIMCO TOTAL RETURN FUND INST   2010-05-28 2012-11-09
1210. POTASH CORP OF SASKATCHEWAN   2012-06-28 2012-11-09
246. POTASH CORP OF SASKATCHEWAN   2012-08-21 2012-11-09
51. PRICELINE COM INC   2011-04-20 2012-11-09
14. PRICELINE COM INC   2011-04-20 2012-11-09
959. PUBLIC SVC ENTERPRISE GROUP INC   1911-11-11 2012-11-09
211. PUBLIC SVC ENTERPRISE GROUP INC   1911-11-11 2012-11-09
473. ULTA SALON COSMETICS & FRAGRANCE   2011-04-28 2012-11-09
583. UNITED NAT FOODS INC   2011-04-20 2012-11-09
1528. NABORS INDUSTRIES LTD   2011-12-16 2012-11-09
223. COOPER INDUSTRIES PLC   1911-11-11 2012-12-03
250000. ABBOTT LABS 4.350% 3/15/14   2004-03-18 2012-12-10
100000. ABBOTT LABS 4.350% 3/15/14   1911-11-11 2012-12-10
.7782 EATON CORP PLC   2012-11-30 2012-12-28
1164. FRONTIER COMMUNICATIONS CORP   1911-11-11 2012-12-31
240. FRONTIER COMMUNICATIONS CORP   1911-11-11 2012-12-31
CAPITAL GAIN DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 50,248   50,365 -117
b 163,843   161,612 2,231
c 316,644   311,586 5,058
d 57,394   53,509 3,885
e 10,470   8,503 1,967
30,956   18,797 12,159
45,527   50,181 -4,654
49,772   49,553 219
24,503   24,248 255
37,881   20,607 17,274
48,160   10,575 37,585
30,117   33,342 -3,225
4,566   3,818 748
11,215   5,156 6,059
8,348   9,923 -1,575
90,964   115,511 -24,547
11,291   10,359 932
7,706   5,374 2,332
8,792   6,530 2,262
11,124   8,297 2,827
31,344   29,226 2,118
999   552 447
7,137   4,283 2,854
7,217   7,232 -15
4,487   3,548 939
60,948   60,428 520
20,143   21,055 -912
24,348   24,703 -355
24,990   27,598 -2,608
25,400   24,745 655
25,354   17,329 8,025
35,371   39,353 -3,982
30,348   13,229 17,119
33,670   34,156 -486
22,791   25,103 -2,312
23,024   31,680 -8,656
24,574   25,305 -731
338   338  
66,590   70,790 -4,200
16,918   16,720 198
16,969   11,331 5,638
4,367   4,084 283
39,195   32,225 6,970
9,755   7,244 2,511
9,900   10,359 -459
3,542   2,217 1,325
4,605   2,027 2,578
4,959   5,034 -75
5,561   2,984 2,577
38,137   37,240 897
25,586   24,740 846
25,249   23,126 2,123
24,460   27,872 -3,412
38,430   32,050 6,380
23,921   25,092 -1,171
96,445   88,023 8,422
25,565   24,990 575
53,523   50,536 2,987
1,043   1,015 28
29,396   25,974 3,422
25,974   25,507 467
38,532   35,950 2,582
86,810   86,900 -90
26,580   32,640 -6,060
34,496   45,407 -10,911
5,446   5,055 391
32,400     32,400
6,480     6,480
14   13 1
14   13 1
3,085,621   3,250,530 -164,909
16   15 1
29,352   34,931 -5,579
37,159   41,870 -4,711
278,106   283,000 -4,894
35,150   28,109 7,041
56,736   12,733 44,003
19,513   21,414 -1,901
40,032   42,102 -2,070
26,720   23,270 3,450
31,868   27,169 4,699
40,905   37,055 3,850
1,041   1,118 -77
9,469   9,583 -114
47,397   48,114 -717
21,885   25,358 -3,473
6,729   7,363 -634
21,822   24,300 -2,478
12,227   13,667 -1,440
24,399   27,710 -3,311
4,002   3,701 301
4,564   4,996 -432
447   388 59
55,757   48,401 7,356
61,208   67,349 -6,141
61,922   68,338 -6,416
4,745   5,050 -305
53,422   57,221 -3,799
5,450   7,875 -2,425
31,090   26,147 4,943
318   298 20
24,697   25,365 -668
347,321   340,870 6,451
43,263   50,237 -6,974
46,674   46,614 60
52,395   44,940 7,455
5,156   5,446 -290
388,443   425,017 -36,574
43     43
8     8
24   11 13
33   16 17
186,188   200,000 -13,812
24,579   19,297 5,282
120,114   27,415 92,699
25,131   25,619 -488
35,625   34,910 715
93,023   107,266 -14,243
32,737   34,705 -1,968
69,944   66,781 3,163
22,774   33,207 -10,433
24,586   23,880 706
43,314   45,937 -2,623
24,443   23,668 775
50,036   64,220 -14,184
24,292   25,344 -1,052
24,174   11,814 12,360
24,941   25,030 -89
18,458   16,855 1,603
24,115   24,859 -744
25,166   25,808 -642
47,883   49,861 -1,978
28,859   29,828 -969
33,983   32,327 1,656
24,853   25,477 -624
24,064   19,005 5,059
21,269   24,586 -3,317
161,710   171,090 -9,380
59,686   49,943 9,743
56,685   39,329 17,356
23,707   25,055 -1,348
24,456   24,551 -95
27,655   27,875 -220
46,780   39,406 7,374
49,400   51,750 -2,350
32,851   20,190 12,661
24,761   23,687 1,074
46,698   28,375 18,323
4,949   4,152 797
33,060   33,783 -723
4,272   4,982 -710
92,332   103,447 -11,115
4,810   5,184 -374
4,847   5,049 -202
37,103   25,526 11,577
4,844   4,173 671
4,851   4,997 -146
500,000   487,070 12,930
25,697   24,759 938
30,365   25,030 5,335
5,793   4,740 1,053
35,117   7,313 27,804
28,122   30,841 -2,719
38,626   29,065 9,561
152,597   119,722 32,875
79,258   65,230 14,028
129,977   129,984 -7
57,547   18,538 39,009
42,331   50,174 -7,843
44,963   25,135 19,828
11,412   15,543 -4,131
11,977   11,570 407
5,044   2,775 2,269
56,919   31,315 25,604
33,923   28,414 5,509
21,650   25,948 -4,298
104,097   91,130 12,967
81,393   83,423 -2,030
23,982   24,652 -670
28,130   24,922 3,208
38,838   27,996 10,842
18,108   11,125 6,983
7,250   8,444 -1,194
21,147   24,612 -3,465
16,555   17,597 -1,042
5,116   5,087 29
24,505   24,563 -58
6,695   4,217 2,478
19   11 8
15   9 6
31   23 8
5,766   6,201 -435
37,679   38,743 -1,064
5,056   5,055 1
41,071   46,056 -4,985
8,172   9,164 -992
8,499   9,991 -1,492
22,746   27,872 -5,126
2,254   1,964 290
6,762   8,286 -1,524
27,513   30,960 -3,447
4,535   5,012 -477
5,079   4,394 685
35,040   23,318 11,722
25,811   24,511 1,300
5,346   6,280 -934
700,553   724,446 -23,893
60,219   62,224 -2,005
17,546   18,618 -1,072
6,680   6,650 30
12,470   12,223 247
11,612   11,102 510
47,377   51,594 -4,217
9,632   10,770 -1,138
31,929   27,117 4,812
8,765   7,444 1,321
28,741   27,443 1,298
6,324   6,005 319
42,148   24,989 17,159
30,428   25,273 5,155
20,129   25,884 -5,755
16,614   8,733 7,881
262,765   255,760 7,005
105,106   102,304 2,802
42   40 2
679     679
140     140
      406
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       -117
b       2,231
c       5,058
d       3,885
e       1,967
      12,159
      -4,654
      219
      255
      17,274
      37,585
      -3,225
      748
      6,059
      -1,575
      -24,547
      932
      2,332
      2,262
      2,827
      2,118
      447
      2,854
      -15
      939
      520
      -912
      -355
      -2,608
      655
      8,025
      -3,982
      17,119
      -486
      -2,312
      -8,656
      -731
       
      -4,200
      198
      5,638
      283
      6,970
      2,511
      -459
      1,325
      2,578
      -75
      2,577
      897
      846
      2,123
      -3,412
      6,380
      -1,171
      8,422
      575
      2,987
      28
      3,422
      467
      2,582
      -90
      -6,060
      -10,911
      391
      32,400
      6,480
      1
      1
      -164,909
      1
      -5,579
      -4,711
      -4,894
      7,041
      44,003
      -1,901
      -2,070
      3,450
      4,699
      3,850
      -77
      -114
      -717
      -3,473
      -634
      -2,478
      -1,440
      -3,311
      301
      -432
      59
      7,356
      -6,141
      -6,416
      -305
      -3,799
      -2,425
      4,943
      20
      -668
      6,451
      -6,974
      60
      7,455
      -290
      -36,574
      43
      8
      13
      17
      -13,812
      5,282
      92,699
      -488
      715
      -14,243
      -1,968
      3,163
      -10,433
      706
      -2,623
      775
      -14,184
      -1,052
      12,360
      -89
      1,603
      -744
      -642
      -1,978
      -969
      1,656
      -624
      5,059
      -3,317
      -9,380
      9,743
      17,356
      -1,348
      -95
      -220
      7,374
      -2,350
      12,661
      1,074
      18,323
      797
      -723
      -710
      -11,115
      -374
      -202
      11,577
      671
      -146
      12,930
      938
      5,335
      1,053
      27,804
      -2,719
      9,561
      32,875
      14,028
      -7
      39,009
      -7,843
      19,828
      -4,131
      407
      2,269
      25,604
      5,509
      -4,298
      12,967
      -2,030
      -670
      3,208
      10,842
      6,983
      -1,194
      -3,465
      -1,042
      29
      -58
      2,478
      8
      6
      8
      -435
      -1,064
      1
      -4,985
      -992
      -1,492
      -5,126
      290
      -1,524
      -3,447
      -477
      685
      11,722
      1,300
      -934
      -23,893
      -2,005
      -1,072
      30
      247
      510
      -4,217
      -1,138
      4,812
      1,321
      1,298
      319
      17,159
      5,155
      -5,755
      7,881
      7,005
      2,802
      2
      679
      140
       
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 2 467,318
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 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))
2011 1,796,474 35,282,986 0.050916
2010 1,430,355 33,409,764 0.042812
2009 1,698,232 30,145,843 0.056334
2008 2,029,699 35,191,968 0.057675
2007 1,816,864 40,533,624 0.044824
2 Total of line 1, column (d) ...................... 2 0.252561
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 0.050512
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 35,037,786
5 Multiply line 4 by line 3....................... 5 1,769,829
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 13,683
7 Add lines 5 and 6......................... 7 1,783,512
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,677,877
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.
Form 990-PF (2012)
Form 990-PF (2012)
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 27,366
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 27,366
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 27,366
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 20,194
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 20,194
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 7,172
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMN
    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 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletUS BANK CHARITABLE SERVICES GROUP Telephone no.bullet (612) 303-3208
    Located atbullet800 NICOLET MALLMINNEAPOLISMN ZIP+4bullet554027020
    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 2012, 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 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 (2012)
    Form 990-PF (2012)
    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 2012?.............
    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 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    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 instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 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 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    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 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 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 (2012)
    Form 990-PF (2012)
    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 instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    US BANK NATIONAL ASSOCIATION CORP TRUSTEE
    1     		184,352    
    101 5TH STREET E
    ST PAUL,MN55101
    THOMAS A KELLER III CO-TRUSTEE
    5     		110,000    
    C/O MOSS BARNETT 90 S 7TH ST
    MINNEAPOLIS,MN55402
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 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
    34,415,040
    b
    Average of monthly cash balances.......................
    1b
    1,156,316
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    35,571,356
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    35,571,356
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    533,570
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    35,037,786
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,751,889
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,751,889
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    27,366
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    27,366
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,724,523
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,724,523
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,724,523
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,677,877
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,677,877
    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 instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,677,877
    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 (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 1,724,523
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 1,438,162
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 0
    b From 2008....... 0
    c From 2009....... 0
    d From 2010....... 0
    e From 2011....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 1,677,877
    a Applied to 2011, but not more than line 2a 1,438,162
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 239,715
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 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 instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		1,484,808
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2008.... 0
    b Excess from 2009.... 0
    c Excess from 2010.... 0
    d Excess from 2011.... 0
    e Excess from 2012.... 0
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2012, 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) 2012 (b) 2011 (c) 2010 (d) 2009
             
    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 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).)
    NA
    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.
    NA
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    SHOLOM HOME
    C/O SHOLOM FOUNDATION
    3620 PHILLIPS PARKWAY
    ST LOUIS PARK,MN55426     		NONE NONE OPERATIONAL SUPPORT 161,024
    NORTH BRANCH SCHOOL DISTRICT #138
    6655 MAIN STREET
    NORTH BRANCH,MN55056     		NONE NONE GENERAL OPERATING SUPPORT 48,307
    UNITED JEWISH FUND & COUNCIL INC
    790 SIOUTH CLEVELAND AVE SUIT 227
    ST PAUL,MN55116     		NONE NONE GENERAL OPERATING SUPPORT 241,535
    MINNESOTA MASONIC HOME
    11501 MASONIC HOME DRIVE
    BLOOMINGTON,MN55437     		NONE NONE GENERAL OPERATING SUPPORT 32,205
    UNIVERSITY OF MINNESOTA
    SOCIOLOGY DEPARTMENT
    200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN554552010     		NONE NONE GENERAL OPERATING SUPPORT 80,512
    UNIVERSITY OF MINNESOTA
    GREATER UNIVERSITY FUND
    200 OAK STREET SE SUITE 500
    MINNEAPOLIS,MN55455     		NONE NONE GENERAL OPERATING SUPPORT 161,024
    ACTORS FUND
    C/O JOSEPH BENINCASA
    729 SEVENTH AVE 10TH FL
    NEW YORK,NY10019     		NONE N/A OPERATING SUPPORT 5,000
    ST PAUL FOUNDATION
    55 - 5TH STREET E SUITE 600
    ST PAUL,MN55101     		NONE PUBLIC GENERAL OPERATING SUPPORT 161,024
    NATIONAL JEWSH CENTER FOR UMMUNOLOG
    1400 JACKSON STREET
    DENVER,CO80206     		NONE PUBLIC GENERAL OPERATING SUPPORT 161,024
    MIXED BLOOD THEATRE COMPANY
    1501 SOUTH 4TH STREET
    MINNEAPOLIS,MN554541106     		NONE PUBLIC GENERAL OPERATING SUPPORT 10,000
    TEN THOUSAND THINGS
    3153 36TH AVENUE S
    MINNEAPOLIS,MN554062126     		NONE PUBLIC GENERAL OPERATING SUPPORT 1,000
    LIVE ACTION SET
    P O BOX 3984
    MINNEAPOLIS,MN55403     		NONE NONE GENERAL OPERATING SUPPORT 1,000
    BRANDEIS UNIVERSITY
    415 SOUTH ST
    WALTHAM,MA024532700     		NONE PUBLIC OPERATIONAL SUPPORT 241,535
    NEW YORK SHAKESPEARE FESTIVAL
    425 LAFAYETTE STREET
    NEW YORK,NY10003     		NONE NONE GENERAL OPERATING SUPPORT 75,000
    PILLSBURY UNITED COMMUNITIES
    1201 37TH AVENUE N
    MINNEAPOLIS,MN55412     		NONE NONE GENERAL OPERATING SUPPORT 55,000
    PLAYWRIGHTS CENTER
    2301 FRANKLIN AVENUE E
    MINNEAPOLIS,MN55406     		NONE NONE GENERAL OPERATING SUPPORT 75,000
    THEATRE COMMUNICATIONS GROUP
    520 EIGHTH AVE 24TH FLOOR
    NEW YORK,NY100184156     		NONE NONE GENERAL OPERATING SUPPORT 25,000
    Total .................................bullet 3a 1,535,190
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    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 instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 1,072,968  
    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     18 467,318  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPARTNERSHIP INCOME     14 2,870  
    bEXCISE TAX REFUND     14 20,861  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,564,017  
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,564,017
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Name of Bond End of Year Book Value End of Year Fair Market Value
    TARGET CORP    
    BANKAMERICA CORP    
    HERSHEY FOODS CORP    
    GENERAL ELECTRIC CO 514,260 501,905
    CS FIRST BOSTON USA INC 247,390 261,135
    ABBOTT LABORATORIES    
    BERKSHIRE HATHAWAY FIN 250,238 271,223
    MERCK & CO INC 260,075 272,520
    PITNEY BOWERS INC 242,305 262,735
    ARTIO GLOBAL HIGH INCOME I    
    ISHARES IBOXX & INVESTMENT GRA    
    PIMCO TOTAL RETUNR FUND INST 2,563,867 2,695,353
    INV BALANCE RISK COMM STR Y 1,213,170 1,216,350
    NUVEEN HIGH INCOME BOND FD CI 1,255,724 1,368,291
    NUVEEN INFLATION PRO SEC CI I 1,035,821 1,141,433
    GENERAL ELECTRIC CO 02/01/13 205,704 200,762
    CREDIT SUISSE COMM RET ST CO 86,193 92,655
    INV BALANCE RISK COMM STR Y 74,650 70,480
    NUVEEN HIGH INCOME BOND FD CL 192,080 210,422
    NUVEEN INFLATION PRO SEC CL I 282,913 315,876
    PIMCO TOTAL RETURN FUND INST 876,717 909,331

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES 81,399 84,102
    FIFTH THIRD BANCORP 8,860 12,160
    FLOWSERVE CORP 5,273 7,340
    AMAZON COM INC 32,111 68,989
    AMERICAN ELECTRIC 55,088 68,416
    AMERICAN EXPRESS COQ 68,204 102,487
    AMERISOURCEBERGEN CORP 76,782 158,687
    APACHE CORP 6,786 8,086
    FLUOR CORP 6,345 7,989
    APPLE INC 76,787 314,514
    ATT INC 86,605 112,086
    FRONTIER COMMUNICATIONS CORP   1,027
    F5 NETWORK INC 2,398 12,144
    GENERAL ELECTRIC CO 37,893 65,594
    BORG WARNER INC 47,156 92,103
    EXXON MOBIL CORP 9,102 10,559
    GENERAL MILLS INC 14,554 18,189
    CABOT OIL GAS CORP CI A 31,732 111,915
    CELANESE CORP SER A 41,537 57,597
    CHEVRON CORPORATION 134,656 271,107
    EXTERRAN PARTNERS L P 5,086 4,642
    CISCO SYS INC 27,015 35,271
    EQUINIX INC 15,030 22,888
    CLOROX CO 14,365 18,085
    EXPRESS SCRIPTS HLDGS C 10,066 9,720
    COOPER COS INC 4,759 16,184
    CVS CAREMARK CORP 26,961 37,810
    DIRECTV CI A 39,413 75,240
    DISCOVER FINL SERVICES 10,996 35,427
    DISH NETWORK CORP CI A 24,428 49,395
    DOVER CORP 61,778 116,635
    E BAY INC 64,951 178,033
    E M C CORPORATION 66,159 154,330
    E O G RES INC    
    EXXON MOBIL CORP 116,136 122,036
    FAIR ISAAC CORPORATION 5,956 13,450
    FIFTH THIRD BANCORP 26,606 33,334
    FLIR SYSTEMS INC    
    FLOWSERVE CORP 55,368 77,070
    FORRESTER RESH INC    
    FRANKLIN RES INC    
    FRONTIER COMMUNICATIONS CORP   4,982
    F5 NETWORKS INC 6,909 28,271
    LULULEMON ATHLETICA INC 5,079 6,251
    MANHATTAN ASSOCS INC 10,422 28,420
    GENERAL ELECTRIC CO 139,170 316,424
    GENERAL MILLS INC 20,698 25,869
    GILEAD SCIENCES INC 24,715 36,431
    GOLDMAN SACHS GROUP INC 5,069 6,761
    GOOGLE INC CL A 85,953 169,771
    HONEYWELL INTERNATIONAL INC 7,691 19,041
    HELIX ENERGY SOLUTIONS GROUP I    
    HELMERICH PAYNE INC 6,222 13,106
    INTEL CORP 5,023 3,938
    HONEYWELL INTERNATIONAL INC 33,952 88,858
    HUMANA INC 5,663 10,363
    INTERNATIONAL BUSINESS MACHINE 43,862 86,198
    INTERDIGITAL INC    
    INTERNATIONAL BUSINESS MACHINE 153,248 300,734
    J P MORGAN CAHASE CO 21,437 28,668
    J P MORGAN CHASE CO 51,375 60,589
    JOY GLOBAL INC 17,554 24,938
    KANSAS CITY SOUTHERN 17,835 94,332
    KTAFT FOODS GROUP INC 1,762 2,274
    LAM RESEARCH CORP 32,375 65,612
    MCDONALDS CORP 12,544 14,290
    MAXIM INTEGRATED PRODS INC 5,275 5,439
    LORILLARD INC 5,639 8,634
    LOWES CO INC    
    MANHATTAN ASSOCS INC 33,355 91,355
    MASTERCARD INC 2,338 7,369
    MASTERCARD INC 22,169 49,128
    MERK AND CO INC NEW 13,975 15,189
    MEDCO HEALTH SOLUTIONS INC    
    MERCK AND CO INC NEW 71,511 77,581
    MICROSOFT CORP 28,622 39,397
    MICROSOFT CORP 114,838 159,297
    MONDELEZ INTERNATIONAL W I 3,302 3,869
    NEWS CORP INC CL A 13,906 27,500
    MYLAN INC 24,727 30,771
    NEWS CORP INC CL A 22,724 44,643
    PHILIP MORRIS INTL 10,905 24,172
    NOVELLUS SYSTEMS INC    
    OCCIDENTAL PETROLEUM CORP 28,920 33,019
    OCCIDENTAL PETROLEUM CORP 71,404 81,819
    PACKAGING CORP AMERICA 6,131 16,350
    P P G INDS INC 7,090 16,919
    P N C FINANCIAL SERVICES GROUP 23,155 33,528
    P G E CORP 5,369 5,746
    P N C FINANCIAL SERVICES GROUP 55,865 80,176
    P P G INDS INC 36,867 87,978
    PACKAGING CORP AMERICA 17,415 45,510
    PARKER HANNIFIN CORP 62,412 130,482
    PEABODY ENERGY CORP    
    PEPSICO INC 22,661 26,619
    PFIZER INC 84,779 156,746
    PHILIP MORRIS INTL 67,529 84,727
    PENTAIR INC 1,754 3,981
    PIONEER NAT RES CO 18,978 23,450
    PROCTER & GAMBLE CO 22,796 28,378
    PRUDENTIAL FINANCIAL INC 40,372 56,903
    PUBLIC SVC ENTERPRISE GROUP    
    QUALCOMM INC 164,957 168,629
    QUESTAR CORP 14,979 20,748
    PRUDENTIAL FINANCIAL INC 12,238 17,332
    ROSS STORES INC 46,941 117,051
    QUALCOMM INC 29,704 29,321
    ROCKWELL AUTOMATION INC 9,987 11,591
    SIMPSON MTG CO INC 21,457 49,185
    SM ENERGY CO 17,090 28,298
    SOTHEBYS HLDGS INC CL 4,859 10,927
    ROSS STORE INC 9,946 24,773
    SCHEIN HENRY INC 4,980 5,388
    SEMPRA ENERGY 5,249 6,952
    STARBUCKS CORP 16,129 40,705
    STATE STR CORP 77,358 84,994
    SIMON PROPERTY GROUP INC 4,901 6,640
    SLM CORP 5,057 5,088
    TARGET CORPORATION 22,139 31,005
    TERADATA CORP DEL 16,230 35,587
    STARBUCKS CORP 5,887 14,856
    TEXAS INSTRUMENTS INC 54,428 71,541
    THERMO FISHER SCIENTIFIC INC 52,446 74,942
    SM ENERGY CO 5,912 10,442
    TRIUMPH GROUP INC 20,411 52,240
    UNITED HEALTH GROUP INC 46,877 73,224
    UNITED PARCEL SERVICE INC 21,076 27,870
    UNITED TECHNOLOGIES CORP 110,374 186,573
    UNUM GROUP    
    URBAN OUTFITTERS INC 29,747 33,456
    VARIAN MED SYS INC 8,162 8,148
    VERIZON COMMUNICATIONS INC 111,076 125,526
    VIACOM INC CL B 26,123 52,371
    WAL MART STORES INC 24,115 27,565
    WELLS FARGO CO 60,571 105,104
    VAICOM INC CLASS B 15,875 31,855
    WILLIAMS SONOMA INC 19,169 96,294
    WINTRUST FINL CORP 30,231 30,718
    VMWARE INC CL A 6,549 6,590
    VARIZON COMMUNICATIONS INC 26,337 35,568
    AXIS CAPITAL HOLDINGS LTD 27,444 35,506
    CARNIVAL CORP 26,959 25,445
    ENBRIDGE ENERGY PARTNERS L P 5,089 4,743
    GOOGLE INC CL A 20,203 41,735
    NOBLE CORP 23,901 17,410
    PRICELINE COM INC 14,356 16,751
    TYCO INTERNATIONAL LTD 4,928 9,916
    XI GROUP PLC    
    LAM RESEARCH CORP 9,879 20,016
    KANSAS CITY SOUTHERN 7,908 22,957
    JOHNSON JOHNSON 18,953 20,609
    MARATHON OIL CORPORATION 5,552 5,611
    PRECISION CASTPARTS CORP 5,183 5,683
    AFLAC INC 90,314 124,354
    AGCO CORP    
    ALLERGAN INC 56,396 66,046
    AMGEN INC 31,846 49,220
    ANADARKO PETROLEUM CORP 121,744 118,673
    ANSYS INC 20,702 25,589
    AVALONBAY CMNTYS INC    
    BOEING CO 6,065 6,556
    BOSTON PPTYS INC 4,937 5,820
    BROADCOM CORP CI A 60,695 61,239
    CAMDEN PPTY TR 24,814 29,671
    CAMERON INTL CORP 85,629 103,152
    CELGENE CORP 10,189 13,183
    CERNER CORPORATION 74,733 102,933
    CHURCH AND DWINGHT CO INC 25,274 33,856
    CITIGROUP INC 70,261 99,296
    COGNIZANT TECH SOLUTIONS CL A 56,806 61,544
    CONOCOPHILLIPS 38,586 41,289
    DARDEN RESTAURANTS INC 25,234 26,952
    DISNEY WALT CO 76,207 106,053
    DU PONT E I DE NEMOURS & CO 26,433 25,998
    EATON VANCE CORP 25,417 34,939
    ENERGEN CORP    
    EQUINIX INC 52,583 110,936
    EXPRESS SCRIPTS INC 84,003 85,428
    FLOUR CORP 43,499 53,630
    FMC TECHNOLOGIES INC    
    FREEPORT MCMORAN COPPER GOLD 9,759 9,610
    GENTEX CORP    
    GOODRICH CORP    
    HALLIBURTON CO    
    HARSCO CORP    
    HESS CORP    
    HEXCEL CORP NEW 24,804 27,580
    HMS HIDGS CORP 25,040 24,183
    IDEXX LABS INC 25,424 29,696
    JEFFERIES GROUP INC    
    JOHNSON JOHNSON 83,229 91,340
    KEYCORP NEW 7,225 8,875
    KIRBY CORP    
    KOHLS CORP    
    KRAFT FOODS INC CL A 25,018 32,238
    LAUDER ESTEE COS INC CLA 94,802 113,734
    MCDONALDS CORP 40,166 45,605
    METLIFE INC    
    MICROS SYS INC    
    NIKE INC 32,623 42,106
    NORDSON CORP    
    ONEONK INC 51,799 66,861
    ORACLE CORPORATION    
    P P L CORPORATION 25,067 24,278
    PERRIGO CO 25,270 29,961
    PIONEER NAT RES CO 51,315 58,305
    PRAXAIR INC 24,228 26,706
    PRICELINE COM INC 61,678 71,965
    RALPH LAUREN CORP 31,791 37,030
    REINSURANCE GROUP AMERICA 25,602 27,081
    REYNOLDS AMERICAN INC 42,524 48,597
    SCHEIN HENRY INC 61,533 69,724
    SIMON PROPERTY GROUP INC 24,904 32,250
    TIME WARNER CABLE INC    
    TIME WARNER INC    
    TJX COMPANIES INC 102,698 147,641
    TRAVELERS COS INC 24,809 35,623
    ULTA SALON COSMETICS & FRAGRAN    
    UNION PACIFIC CORP 93,028 122,577
    UNITED NAT FOODS INC    
    VALPAR CORP 24,694 48,922
    VARIAN MED SYS INC 26,845 29,360
    ABB LTD A D R    
    ACCENTURE PLC CL A 49,966 54,730
    ACE LTD 26,520 31,441
    B H P BILLITON LIMITED A D R    
    CNOON LTD A D R 5,104 5,940
    COMPANHIA DE BEBIDAS P R A D R 20,452 27,713
    COVIDIEN PLC 47,050 50,580
    DIAGEO PLC SPONSORED A D R 77,045 94,780
    NABORS INDUSTRIES LTD    
    NETEASE COM INC A D R 32,219 29,176
    SCHLUMBERGER LTD 117,770 100,968
    TEVA PHARMACEUTICAL INDS LTD    
    VODAFONE GROUP PLC A D R 4,946 4,786
    AON CORP    
    MATERION CORP 2,367 3,558
    SEMPRA ENERGY 32,475 35,399
    ABERDEEN FDS EMRGN LKT INSTL 1,361,905 1,764,691
    IPATH DOW JONES UBS COMMODITY    
    LAUDUS INTL MARKETMASTERS FUND 159,130 192,550
    NUVEEN GLOBAL INFRASTR FD CL L 2,025,000 2,217,566
    NUVEEN MID CAP GRWTH OPP FD CL 416,123 388,149
    NUVEEN SMALL CAP SELECT FD CL 674,463 723,265
    NUVEEN TRADEWINDS INTL VAL - C    
    ALLEGHENY TECHNOLOGIES INC 36,424 40,257
    ALTRIA GROUP INC 51,764 49,990
    AMERICAN TOWER CORP 24,933 29,672
    ANALOG DEVICES INC 30,712 31,797
    ANNALY CAP MGMT INC 50,370 41,797
    BANK OF AMERICA CORP 91,985 111,886
    BARD C R INC 25,240 25,803
    BRISTOL MYERS SQUIBB CO 32,410 32,623
    CACI INTERNATIONAL INC CI A 24,735 31,587
    CAPITAL ONE FINANCIAL CORP 56,129 59,089
    CENTURYLINK INC 50,060 50,269
    CINEMARK HLDGS INC 47,313 55,883
    COMCAST CORP CL A 25,114 35,529
    COMMUNITY BK SYS INC 31,992 33,078
    D R HORTON INC 24,457 23,598
    DANAHER CORP 25,213 26,944
    DEERE & CO 24,880 24,630
    DONALDSON CO INC 25,438 23,349
    DOW CHEM CO 25,086 27,383
    EMERSON ELEC CO 31,087 37,231
    EMBRIDGE ENERGY PARTNERS L P 50,094 46,565
    EXTERRAN PARTNERS L P 25,361 26,108
    F M C CORPORATION 24,583 28,265
    FAMILY DOLLAR STORE 25,031 24,032
    FOSSIL INC 49,652 51,019
    HASBRO INC 25,250 24,125
    HOME DEPOT INC 38,609 39,398
    INTEL CORP 52,546 42,292
    INTUIT INC 25,067 26,467
    LIBERTY PPTY TR 35,869 36,721
    LULULEMON ATHLETICA INC 27,505 35,904
    MAXIM INTEGRATED PRODS INC 40,970 48,804
    MID-AMER APT CMNTYS INC 31,131 32,051
    MONDELEZ INTERNATIONAL W I 46,278 54,139
    MONSANTO CO 33,840 36,914
    MURPHY OIL CORP 24,785 31,621
    NEXTERA ENERGY INC 25,063 26,569
    OIL STATES INTERNATIONAL INC 24,696 26,470
    PANERA BREAD COMPANY CL A 24,982 25,413
    PHILLPS 66 11,467 18,904
    PINNACLE WEST CAP CORP 24,656 25,439
    PHILLIPS 66 10,349 15,399
    PROGRESSIVE CORP 25,325 26,692
    PULTE GROUP INC 24,854 45,963
    REDWOOD TR INC 43,861 47,765
    ROCKWELL AUTOMATION INC 71,501 82,982
    SIGNA ALDRICH CORP 24,578 26,121
    SIGNATURE BK 24,782 28,607
    SKYWORKS SOLUTIONS INC 24,614 20,686
    SLM CORP 24,962 26,826
    SUNTRUST BKS INC 37,641 39,832
    THE GAP INC 62,821 67,667
    THE SCOTT MIRACLE GRO COMPANY 24,983 26,122
    UNITED THERAPEUTICS CORP 25,054 23,879
    V F CORP 39,470 38,497
    VMWARE INC CL A 38,170 38,409
    WABTEC CORP 25,345 27,312
    WALGREEN CO 33,466 37,750
    WESTAR ENERGY INC 24,867 24,928
    WHIRLPOOL CORP 26,480 27,981
    WINDSTREAM CORP 51,104 46,327
    YUM BRANDS INC 77,569 78,551
    3M CO 41,481 44,661
    ARM HLDGS PLC A D R 25,764 28,599
    CONOC LTD A D R 23,569 29,040
    CORE LABORATORIES N V 24,702 24,376
    GLAXO SMITHKLINE P L C A D R 25,023 24,908
    NATIONAL GRID PLC SP A D R 43,150 49,111
    ROYAL DUTCH SHELL PLC A D R 24,891 26,339
    SEAGATE TECHNOLOGY 57,939 76,598
    UNILEVER A V A D R 26,722 28,304
    SCOUT INTERNATIONAL FUND 2,658,748 2,836,670
    ABBOTT LABORATORIES 9,876 12,838
    AFLAC IN 5,056 6,746
    AMAZON COM INC 8,758 18,815
    AMERICAN ELECTRIC POWER CO INC 6,379 8,536
    AMERICAN EXPRESS CO 13,552 20,348
    AMERICAN FINL INC 5,045 6,576
    AMERISOURCEBERGEN CORP 15,633 32,385
    AMGEN INC 13,887 21,464
    ANADARKO PETROLEUM CORP 19,930 20,584
    APPLE INC 20,284 78,229
    ATT INC 17,723 22,754
    BORG WARNER INC 6,805 16,115
    BROADCOM CORP CL A 5,289 5,446
    CABOT OIL GAS CORP CL A 3,609 12,733
    CAMERON INTL CORP 12,180 14,171
    CELANESE CORP SER A 4,500 6,680
    CERNER CORPORATION 10,178 13,797
    CHEVRON CORPORATION 46,638 72,995
    CINEMARK HLDGS INC 5,040 5,534
    CITIGROUP INC 14,802 23,815
    COMPANHIA DE BEBIDAS P R A D R 12,717 16,964
    COGNIZANT TECH SOLUTIONS CL A 4,919 6,280
    CONOCOPHILLIPS 8,064 8,988
    CVS CAREMARK CORP 11,205 15,714
    DEERE & CO 5,774 6,741
    DEVON ENERGY CORPORATION 5,071 4,840
    DIRECT TV 7,883 15,048
    DISH NETWORK CORP CL A 5,671 11,466
    DISNEY WALT CO 10,019 12,846
    DOVER CORP 13,082 24,641
    DOW CHEM CO 5,035 5,496
    E BAY INC 14,668 40,237
    E M C CORPORATION 13,554 31,625
    PARKER HANNIFIN CORP 15,163 31,898
    PEPSICO INC 23,300 27,372
    PFIZER INC 17,634 32,603
    QUESTAR CORP 3,210 4,446
    RALPH LAUREN CORP 5,033 5,097
    REDWOOD TR INC 4,963 5,405
    SCOUT INTERNATIONAL FUND 384,025 454,641
    STATE STR CORP 5,191 5,453
    TERADATA CORP DEL 2,653 5,818
    TEXAS INSTRUMNETS INC 15,527 20,542
    THE ADT CORPORATION 3,211 7,857
    THE GAP INC 7,040 8,288
    THERMO FISHER SCIENTIFIC INC 11,157 15,945
    TRAVELERS COS INC 13,509 16,160
    UNION PACIFIC CORP 10,209 13,452
    UNITED HEALTH GROUP INCORPORAT 9,549 14,916
    UNITED PARCEL SERVICE INC CL B 14,256 18,875
    UNITED TECHNOLOGIES CORP 23,138 38,955
    URBAN OUTFITTERS INC 4,969 5,589
    WAL MART STORES INC 7,483 9,416
    WELLS FARGO CO 19,224 28,199
    WILLIAMS SONOMA INC 5,786 12,081
    ACE LTD 12,749 15,322
    AXIS CAPITAL HOLDINGS LTD 6,111 7,794
    COVIDIEN PLC 4,892 6,525
    DIAGEO PLC SPONSORED A D R 5,056 6,179
    EATON CORP A D R 8,935 9,319
    NATIONAL GRID PLC SP A D R 4,996 5,687
    NETEASE INC A D R 6,928 5,699
    NOBLE CORP   3,482
    SCHLUMBERGER LTD 20,880 21,760
    SEAGATE TECHNOLOGY 6,099 6,206
    NUVEEN GLOBAL INFRASTR FD CL I 411,295 440,772
    NUVEEN SMALL CAP SELECT FD CL 144,045 127,247

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    US Government Securities - End of Year Book Value:

    1,428,962
    US Government Securities - End of Year Fair Market Value:

    1,571,412
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2012 LegalFeesSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MOSS & BARNETT LAW FIRM 4,320 2,160   2,160


    TY 2012 OtherAssetsSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    CASH HELD AT BANK OF AMERICA 9,635 0 0


    TY 2012 OtherDecreasesSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Description Amount
    BANK OF AMERICA BALANCE 9,635


    TY 2012 OtherExpensesSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER NONALLOCABLE EXPENSES - 97 97   0
    FILING FEES 25 0   25
    DUES & SUBSCRIPTIONS 329 0   329
    OTHER EXPENSES 432 0   432


    TY 2012 OtherIncomeSchedule2
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    EXCISE TAX REFUND 20,861 0  
    ENBRIDGE ENERGY PARTNERS LP 1,453 0  
    ORDINARY INCOME/LOSS   0  
    OTHER DEDUCTIONS   -3  
    EXTERRAN PARTNERS LP 1,417 0  
    ORDINARY INCOME/LOSS   0  
    SECTION 1231 GAIN   0  


    TY 2012 OtherLiabilitiesSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Description Beginning of Year - Book Value End of Year - Book Value
    RETURN OF CAPITAL ADJUSTMENT   200


    TY 2012 TaxesSchedule
    Name:
    EDELSTEIN FAMILY FOUNDATION 050013733200
    EIN: 41-6013675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 526 526   0
    FEDERAL TAX 2,000 0   0
    FEDERAL TAX 9,000 0   0
    FOREIGN TAXES ON QUALIFIED FOR 12,714 12,714   0
    FOREIGN TAXES ON NONQUALIFIED 1,889 1,889   0