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
THE HUGHES-MONAGHAN FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)5 CRUSE ALLEY SE   Room/suite
City or town, state, and ZIP code
HUNTSVILLE, AL35801
A Employer identification number

72-1374260
B Telephone number (see instructions)

(256) 517-5152
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$332,343J 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...... 8,348 8,348  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 10,503
b Gross sales price for all assets on line 6a 158,108
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 18,851 8,348  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 887      
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 6,848 6,848    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 7,735 6,848   0
25 Contributions, gifts, grants paid........ 16,250 16,250
26 Total expenses and disbursements. Add lines 24 and 25 23,985 6,848   16,250
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,134
b Net investment income (if negative, enter -0-) 1,500
c Adjusted net income (if negative, enter -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.......... 16,925 12,923 12,923
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) 63,907 Click to see attachment60,949 67,678
b Investments—corporate stock (attach schedule)........ 170,815 Click to see attachment167,617 196,467
c Investments—corporate bonds (attach schedule)........ 42,794 Click to see attachment49,494 54,247
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)     Click to see attachment1,028
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 294,441 290,983 332,343
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................   2,500
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)    
23 Total liabilities (add lines 17 through 22)..........   2,500
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 294,441 288,483
30 Total net assets or fund balances (see page 17 of the
instructions).................... 294,441 288,483
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 294,441 290,983
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)............... 1 294,441
2 Enter amount from Part I, line 27a..................... 2 -5,134
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 289,307
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 824
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 288,483
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.)
1a
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
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
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  
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 15,750 326,836 0.048189
2010 14,950 313,282 0.047721
2009 18,325 302,986 0.060481
2008 20,518 364,066 0.056358
2007 19,800 424,370 0.046657
2 Total of line 1, column (d) ...................... 2 0.259406
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 0.051881
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 332,843
5 Multiply line 4 by line 3....................... 5 17,268
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 15
7 Add lines 5 and 6......................... 7 17,283
8 Enter qualifying distributions from Part XII, line 4.............. 8 16,250
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 30
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 30
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 30
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 215
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.............. 7 215
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 2013 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? ....................
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)
    bullet
    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
     
    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 ofbulletE CUTTER HUGHES Telephone no.bullet (256) 517-5152
    Located atbullet5 CRUSE ALLEY SEHUNTSVILLEAL ZIP+4bullet35801
    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
     
     
    .........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
     
     
    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
     
     
    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
    E CUTTER HUGHESClick to see attachment FOUNDATION M
    1.00     		0 0 0
    5 CRUSE ALLEY SE
    HUNTSVILLE,AL35801
    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  
    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.............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 (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 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 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
    319,863
    b
    Average of monthly cash balances.......................
    1b
    18,049
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    337,912
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    337,912
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    5,069
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    332,843
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    16,642
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    16,642
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    30
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    30
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    16,612
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    16,612
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    16,612
    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
    16,250
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    16,250
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    16,250
    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 16,612
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 16,135
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 16,250
    a Applied to 2011, but not more than line 2a 16,135
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 115
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		16,497
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    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).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:
    E CUTTER HUGHES
    5 CRUSE ALLEY SE
    HUNTSVILLE,AL35801
    (256) 517-5152
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN REQUEST
    cAny submission deadlines:
    NONE. EACH REQUEST IS CONSIDERED AS RECEIVED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    HUNTSVILLE SYMPHONY
    ORCHESTRA
    700 MONROE ST SW
    HUNTSVILLE,AL35801     		  PUBLIC FOR MUSICAL PERFORMANCES 2,000
    UNIVERSITY OF VIRGINIA
    LAW SCHOOL FOUNDATION
    500 MASSIE ROAD
    CHARLOTTESVILLE,VA22903     		  PRIVATE LEGAL EDUCATION & UVA ACTIVITIES 250
    RANDOLPH SCHOOL
    1005 DRAKE AVE SE
    HUNTSVILLE,AL35801     		  SCHOOL SCHOLARSHIP FOR FISCAL NEEDS 3,000
    GREENGATE SCHOOL
    501 HOLMES AVE
    HUNTSVILLE,AL35801     		  PUBLIC EDUCATION OF LEARNING-DISABLED KIDS 2,000
    THOMAS JEFFERSON FOUNDATION INC
    PO BOX 316
    CHARLOTTESVILLE,VA22902     		  PRIVATE EDUCATIONAL 2,000
    VILLAGE OF PROMISE
    200 PRATT AVE STE B-2
    HUNTSVILLE,AL35801     		  PUBLIC IMPLEMENT INITIATIVE FOR STUDENTS 2,500
    SALVATION ARMY
    2114 OAKWOOD AVE NW
    HUNTSVILLE,AL35810     		  PUBLIC AIDING THOSE IN NEED OF SUPPORT 2,000
    THE FRIENDS OF FRANKLIN
    PO BOX 40048
    PHILADELPHIA,PA19106     		  PUBLIC PROMOTION OF KNOWLEDGE OF FRANKLIN 2,500
    Total .................................bullet 3a 16,250
    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 8,348  
    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         10,503
    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)..   8,348 10,503
    13Total. Add line 12, columns (b), (d), and (e)..................
    1318,851
    (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 AccountingFeesSchedule
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 887      

    TY 2012 CompensationExplanation
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Person Name Explanation
    E CUTTER HUGHES  

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    26 SH LYONDELLBASELL INDUSTRIE 2011-08 PURCHASE 2012-03   1,088 772     316  
    7 SH LYONDELLBASELL INDUSTRIE 2011-08 PURCHASE 2012-03   293 214     79  
    17 SH LYONDELLBASELL INDUSTRIE 2011-08 PURCHASE 2012-03   674 520     154  
    42 SH ACTIVISION BLIZZARD INC 2011-08 PURCHASE 2012-02   513 458     55  
    27 SH ACTIVISION BLIZZARD INC 2011-08 PURCHASE 2012-02   330 293     37  
    37 SH ACTIVISION BLIZZARD INC 2011-08 PURCHASE 2012-02   457 402     55  
    6 SH APACHE CORP 2012-03 PURCHASE 2012-08   521 624     -103  
    12 SH APACHE CORP 2012-03 PURCHASE 2012-08   1,041 1,273     -232  
    9 SH CF INDS HLDGS INC 2012-02 PURCHASE 2012-12   1,837 1,682     155  
    6 SH CF INDS HLDGS INC 2012-02 PURCHASE 2012-12   1,229 1,121     108  
    11 SH CA INC 2012-03 PURCHASE 2012-12   240 303     -63  
    12 SH CA INC 2012-03 PURCHASE 2012-12   262 326     -64  
    3 SH CA INC 2012-03 PURCHASE 2012-12   66 82     -16  
    4 SH CA INC 2012-03 PURCHASE 2012-12   87 110     -23  
    42 SH DISCOVER FINL SVCS 2011-05 PURCHASE 2012-03   1,417 1,050     367  
    15 SH EXPRESS SCRIPTS HLDG CO 2012-07 PURCHASE 2012-11   772 815     -43  
    11 SH EXPRESS SCRIPTS HLDG CO 2012-07 PURCHASE 2012-11   566 604     -38  
    4 SH EXPRESS SCRIPTS HLDG CO 2012-07 PURCHASE 2012-11   201 220     -19  
    12 SH EXPRESS SCRIPTS HLDG CO 2012-07 PURCHASE 2012-11   603 669     -66  
    5 SH EXPRESS SCRIPTS HLDG CO 2012-07 PURCHASE 2012-11   251 279     -28  
    5 SH EXPRESS SCRIPTS HLDG CO 2012-07 PURCHASE 2012-11   251 285     -34  
    5 SH EXPRESS SCRIPTS HLDG CO 2012-07 PURCHASE 2012-11   251 287     -36  
    14 SH GAP INC DELAWARE 2012-04 PURCHASE 2012-12   426 387     39  
    10 SH GAP INC DELAWARE 2012-04 PURCHASE 2012-12   304 273     31  
    9 SH GAP INC DELAWARE 2012-04 PURCHASE 2012-12   274 246     28  
    7 SH GAP INC DELAWARE 2012-04 PURCHASE 2012-12   213 194     19  
    22 SH INTL PAPER CO 2011-10 PURCHASE 2012-06   609 507     102  
    29 SH INTL PAPER CO 2011-10 PURCHASE 2012-06   836 668     168  
    12 SH LORILLARD INC 2011-10 PURCHASE 2012-09   1,433 1,422     11  
    1 SH LORILLARD INC 2011-10 PURCHASE 2012-09   119 118     1  
    2 SH LORILLARD INC 2011-10 PURCHASE 2012-09   238 236     2  
    7 SH PRUDENTIAL FINANCIAL INC 2012-01 PURCHASE 2012-10   399 400     -1  
    9 SH PRUDENTIAL FINANCIAL INC 2012-01 PURCHASE 2012-11   518 514     4  
    14 SH PRUDENTIAL FINANCIAL INC 2012-01 PURCHASE 2012-11   806 803     3  
    82 SH SPRINT NEXTEL CORP 2011-07 PURCHASE 2012-06   254 446     -192  
    86 SH SPRINT NEXTEL CORP 2011-07 PURCHASE 2012-06   269 468     -199  
    80 SH SPRINT NEXTEL CORP 2011-07 PURCHASE 2012-06   249 435     -186  
    81 SH SPRINT NEXTEL CORP 2011-07 PURCHASE 2012-06   257 441     -184  
    87 SH SPRINT NEXTEL CORP 2011-07 PURCHASE 2012-06   282 473     -191  
    18 SH VALERO ENERGY CORP NEW 2011-11 PURCHASE 2012-06   392 439     -47  
    7 SH LYONDELLBASELL INDUSTRIE 2011-08 PURCHASE 2012-10   366 212     154  
    35 SH LYONDELLBASELL INDUSTRIE 2011-09 PURCHASE 2012-10   1,831 1,092     739  
    2 SH LYONDELLBASELL INDUSTRIE 2011-09 PURCHASE 2012-10   106 62     44  
    13 SH AMERIPRISE FINL INC 2011-01 PURCHASE 2012-10   753 787     -34  
    7 SH AMERIPRISE FINL INC 2011-01 PURCHASE 2012-10   399 424     -25  
    5 SH AMERIPRISE FINL INC 2011-01 PURCHASE 2012-10   285 306     -21  
    7 SH AMERIPRISE FINL INC 2011-01 PURCHASE 2012-10   402 428     -26  
    1 SH ANALOG DEVICES INC COM 2011-01 PURCHASE 2012-10   39 39        
    19 SH ANALOG DEVICES INC COM 2011-01 PURCHASE 2012-10   743 751     -8  
    3 SH ANALOG DEVICES INC COM 2011-01 PURCHASE 2012-11   120 117     3  
    17 SH ANALOG DEVICES INC COM 2011-01 PURCHASE 2012-11   682 666     16  
    15 SH ANALOG DEVICES INC COM 2011-01 PURCHASE 2012-11   602 583     19  
    3 SH CLIFFS NATURAL RESOURCES 2011-07 PURCHASE 2012-10   115 283     -168  
    6 SH CLIFFS NATURAL RESOURCES 2011-05 PURCHASE 2012-10   229 540     -311  
    7 SH CLIFFS NATURAL RESOURCES 2011-06 PURCHASE 2012-10   268 621     -353  
    2 SH CLIFFS NATURAL RESOURCES 2011-07 PURCHASE 2012-10   76 189     -113  
    2 SH CLIFFS NATURAL RESOURCES 2011-07 PURCHASE 2012-10   76 191     -115  
    3 SH CLIFFS NATURAL RESOURCES 2011-07 PURCHASE 2012-10   115 290     -175  
    1 SH CLIFFS NATURAL RESOURCES 2011-07 PURCHASE 2012-10   38 95     -57  
    110 SH DELL INC 2011-02 PURCHASE 2012-07   1,286 1,720     -434  
    52 SH DELL INC 2011-02 PURCHASE 2012-07   605 813     -208  
    52 SH DELL INC 2011-02 PURCHASE 2012-07   599 813     -214  
    43 SH DELL INC 2011-02 PURCHASE 2012-07   508 672     -164  
    14 SH DELL INC 2011-03 PURCHASE 2012-07   165 217     -52  
    21 SH DISH NETWORK CORPATION 2011-07 PURCHASE 2012-09   677 642     35  
    15 SH DISH NETWORK CORPATION 2011-07 PURCHASE 2012-09   482 468     14  
    4 SH DISH NETWORK CORPATION 2011-07 PURCHASE 2012-09   129 122     7  
    9 SH DISH NETWORK CORPATION 2011-07 PURCHASE 2012-09   282 281     1  
    6 SH DISH NETWORK CORPATION 2011-07 PURCHASE 2012-09   186 187     -1  
    3 SH DISH NETWORK CORPATION 2011-07 PURCHASE 2012-12   111 94     17  
    20 SH DISH NETWORK CORPATION 2011-07 PURCHASE 2012-12   737 634     103  
    17 SH DISH NETWORK CORPATION 2011-08 PURCHASE 2012-12   626 503     123  
    16 SH DISH NETWORK CORPATION 2011-08 PURCHASE 2012-12   589 473     116  
    5 SH DISH NETWORK CORPATION 2011-08 PURCHASE 2012-12   184 145     39  
    20 SH DISCOVER FINL SVCS 2011-05 PURCHASE 2012-10   793 500     293  
    7 SH DISCOVER FINL SVCS 2011-05 PURCHASE 2012-10   278 176     102  
    11 SH FLUOR CORP NEW DEL COM 2011-05 PURCHASE 2012-12   641 792     -151  
    8 SH FLUOR CORP NEW DEL COM 2011-05 PURCHASE 2012-12   466 580     -114  
    5 SH FLUOR CORP NEW DEL COM 2011-05 PURCHASE 2012-12   290 359     -69  
    13 SH FLUOR CORP NEW DEL COM 2011-05 PURCHASE 2012-12   755 943     -188  
    14 SH FLUOR CORP NEW DEL COM 2011-05 PURCHASE 2012-12   801 1,006     -205  
    3 SH FLUOR CORP NEW DEL COM 2011-05 PURCHASE 2012-12   172 212     -40  
    4 SH KROGER CO 2011-02 PURCHASE 2012-07   91 92     -1  
    24 SH KROGER CO 2011-02 PURCHASE 2012-07   527 549     -22  
    15 SH KROGER CO 2011-03 PURCHASE 2012-07   332 357     -25  
    8 SH KROGER CO 2011-02 PURCHASE 2012-07   177 183     -6  
    23 SH KROGER CO 2011-03 PURCHASE 2012-07   505 548     -43  
    24 SH KROGER CO 2011-03 PURCHASE 2012-07   526 572     -46  
    6 SH LOCKHEED MARTIN CORP 2011-04 PURCHASE 2012-09   545 485     60  
    7 SH LOCKHEED MARTIN CORP 2011-04 PURCHASE 2012-09   640 569     71  
    4 SH LOCKHEED MARTIN CORP 2011-04 PURCHASE 2012-09   366 324     42  
    4 SH LOCKHEED MARTIN CORP 2011-04 PURCHASE 2012-09   366 325     41  
    32 SH MARATHON OIL CORP 2011-08 PURCHASE 2012-12   982 874     108  
    17 SH MOTOROLA SOLUTIONS INC 2011-01 PURCHASE 2012-06   803 655     148  
    2 SH MOTOROLA SOLUTIONS INC 2011-02 PURCHASE 2012-06   95 78     17  
    13 SH MOTOROLA SOLUTIONS INC 2011-02 PURCHASE 2012-06   627 508     119  
    4 SH MURPHY OIL CORP 2011-03 PURCHASE 2012-06   186 279     -93  
    7 SH MURPHY OIL CORP 2011-03 PURCHASE 2012-06   319 489     -170  
    7 SH MURPHY OIL CORP 2011-03 PURCHASE 2012-06   317 489     -172  
    7 SH MURPHY OIL CORP 2011-03 PURCHASE 2012-06   316 482     -166  
    4 SH MURPHY OIL CORP 2011-03 PURCHASE 2012-06   179 276     -97  
    49 SH WESTERN UN CO 2011-06 PURCHASE 2012-11   617 970     -353  
    14 SH WESTERN UN CO 2011-06 PURCHASE 2012-11   176 281     -105  
    35 SH WESTERN UN CO 2011-06 PURCHASE 2012-11   440 702     -262  
    9 SH WESTERN UN CO 2011-06 PURCHASE 2012-11   113 178     -65  
    62 SH WESTERN UN CO 2011-06 PURCHASE 2012-11   779 1,228     -449  
    28 SH WESTERN UN CO 2011-06 PURCHASE 2012-11   352 550     -198  
    25 SH NABORS INDUSTRIES LTD 2009-11 PURCHASE 2012-08   375 516     -141  
    51 SH NABORS INDUSTRIES LTD 2009-11 PURCHASE 2012-08   766 1,046     -280  
    8 SH NABORS INDUSTRIES LTD 2009-11 PURCHASE 2012-08   118 164     -46  
    15 SH NABORS INDUSTRIES LTD 2009-11 PURCHASE 2012-08   221 316     -95  
    26 SH AT&T INC 2008-11 PURCHASE 2012-09   996 686     310  
    23 SH AT&T INC 2008-11 PURCHASE 2012-09   881 620     261  
    9 SH AETNA INC NEW 2004-11 PURCHASE 2012-06   386 266     120  
    5 SH AETNA INC NEW 2007-07 PURCHASE 2012-08   195 244     -49  
    10 SH AETNA INC NEW 2004-11 PURCHASE 2012-08   390 295     95  
    14 SH AETNA INC NEW 2007-07 PURCHASE 2012-08   542 684     -142  
    1 SH AETNA INC NEW 2009-08 PURCHASE 2012-08   39 28     11  
    13 SH AETNA INC NEW 2007-07 PURCHASE 2012-08   507 635     -128  
    4 SH AETNA INC NEW 2009-08 PURCHASE 2012-08   155 111     44  
    27 SH ALTERA CORP COM 2010-11 PURCHASE 2012-01   1,023 911     112  
    11 SH ALTERA CORP COM 2010-11 PURCHASE 2012-01   410 371     39  
    8 SH AMGEN INC COM PV 0.0001 2008-11 PURCHASE 2012-06   548 490     58  
    5 SH AMGEN INC COM PV 0.0001 2008-11 PURCHASE 2012-08   411 306     105  
    5 SH AMGEN INC COM PV 0.0001 2008-11 PURCHASE 2012-08   415 306     109  
    5 SH AMGEN INC COM PV 0.0001 2008-11 PURCHASE 2012-08   418 306     112  
    5 SH AMGEN INC COM PV 0.0001 2008-11 PURCHASE 2012-08   415 306     109  
    6 SH AMGEN INC COM PV 0.0001 2008-11 PURCHASE 2012-08   499 363     136  
    1 SH AMGEN INC COM PV 0.0001 2010-10 PURCHASE 2012-08   85 57     28  
    5 SH AMGEN INC COM PV 0.0001 2008-11 PURCHASE 2012-08   423 302     121  
    2 SH CA INC 2007-10 PURCHASE 2012-12   44 52     -8  
    36 SH CA INC 2007-10 PURCHASE 2012-12   797 937     -140  
    33 SH CA INC 2008-11 PURCHASE 2012-12   725 535     190  
    5 SH CA INC 2007-10 PURCHASE 2012-12   110 130     -20  
    14 SH CA INC 2008-11 PURCHASE 2012-12   306 227     79  
    6 SH CAPITAL ONE FINL 2010-03 PURCHASE 2012-01   268 254     14  
    16 SH CAPITAL ONE FINL 2010-03 PURCHASE 2012-01   715 680     35  
    2 SH CAPITAL ONE FINL 2010-04 PURCHASE 2012-01   91 85     6  
    18 SH CAPITAL ONE FINL 2010-03 PURCHASE 2012-01   818 761     57  
    8 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   334 279     55  
    4 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   163 142     21  
    6 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   245 209     36  
    10 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   408 349     59  
    10 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   405 355     50  
    9 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   367 320     47  
    9 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   375 320     55  
    1 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-06   42 35     7  
    6 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-07   254 212     42  
    6 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-07   256 212     44  
    6 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-07   255 212     43  
    4 SH CARDINAL HEALTH INC OHIO 2010-04 PURCHASE 2012-07   168 146     22  
    3 SH CARDINAL HEALTH INC OHIO 2010-03 PURCHASE 2012-07   126 106     20  
    6 SH CARDINAL HEALTH INC OHIO 2010-04 PURCHASE 2012-07   255 218     37  
    5 SH CARDINAL HEALTH INC OHIO 2010-04 PURCHASE 2012-07   211 180     31  
    1 SH CARDINAL HEALTH INC OHIO 2010-04 PURCHASE 2012-07   42 36     6  
    4 SH CARDINAL HEALTH INC OHIO 2010-04 PURCHASE 2012-07   170 144     26  
    4 SH CARDINAL HEALTH INC OHIO 2010-04 PURCHASE 2012-07   170 143     27  
    3000 SH CITIGROUP FUNDING 2.25% 12 2009-08 PURCHASE 2012-09   3,015 3,000     15  
    25 SH CONAGRA FOODS INC 2009-06 PURCHASE 2012-06   622 494     128  
    25 SH CONAGRA FOODS INC 2009-06 PURCHASE 2012-06   621 494     127  
    6 SH CONAGRA FOODS INC 2009-06 PURCHASE 2012-06   149 118     31  
    18 SH CONAGRA FOODS INC 2009-06 PURCHASE 2012-06   448 359     89  
    14 SH CONAGRA FOODS INC 2009-06 PURCHASE 2012-06   349 279     70  
    5 SH CONOCOPHILLIPS 2008-06 PURCHASE 2012-07   271 349     -78  
    1 SH CONOCOPHILLIPS 2010-02 PURCHASE 2012-07   54 38     16  
    15 SH CONOCOPHILLIPS 2008-06 PURCHASE 2012-07   814 1,096     -282  
    8 SH CONOCOPHILLIPS 2008-06 PURCHASE 2012-07   434 567     -133  
    7 SH CONOCOPHILLIPS 2008-11 PURCHASE 2012-07   380 257     123  
    17 SH CONOCOPHILLIPS 2010-02 PURCHASE 2012-07   914 647     267  
    16 SH CONOCOPHILLIPS 2010-02 PURCHASE 2012-07   861 613     248  
    3 SH CONOCOPHILLIPS 2010-02 PURCHASE 2012-07   161 113     48  
    6 SH CONOCOPHILLIPS 2010-02 PURCHASE 2012-07   325 226     99  
    5 SH DR PEPPER SNAPPLE GROUP 2010-07 PURCHASE 2012-04   200 193     7  
    7 SH DR PEPPER SNAPPLE GROUP 2010-07 PURCHASE 2012-04   280 274     6  
    5 SH DR PEPPER SNAPPLE GROUP 2010-07 PURCHASE 2012-04   202 197     5  
    9 SH DR PEPPER SNAPPLE GROUP 2010-07 PURCHASE 2012-04   363 353     10  
    6 SH DR PEPPER SNAPPLE GROUP 2010-07 PURCHASE 2012-04   236 236        
    1 SH ENGILITY HOLDINGS INC 2007-10 PURCHASE 2012-07   15 26     -11  
    1 SH ENGILITY HOLDINGS INC 2007-10 PURCHASE 2012-07   15 24     -9  
    1 SH ENGILITY HOLDINGS INC 2007-08 PURCHASE 2012-07   15 23     -8  
    1 SH ENGILITY HOLDINGS INC 2007-08 PURCHASE 2012-07   15 23     -8  
    2 SH ENGILITY HOLDINGS INC 2007-10 PURCHASE 2012-07   31 51     -20  
    1000 SH FED NAT'L MORTGAGE ASSOC 2009-08 PURCHASE 2012-09   1,000 1,000        
    5000 SH FED NAT'L MORTGAGE ASSOC 2009-01 PURCHASE 2012-09   5,000 5,000        
    2000 SH FEDERAL HOME LN MTG CORP 2010-06 PURCHASE 2012-02   2,003 2,002     1  
    20 SH FREEPRT-MCMRAN CPR & GLD 2010-06 PURCHASE 2012-10   807 661     146  
    4 SH FREEPRT-MCMRAN CPR & GLD 2010-04 PURCHASE 2012-10   161 171     -10  
    26 SH FREEPRT-MCMRAN CPR & GLD 2010-04 PURCHASE 2012-10   1,050 1,052     -2  
    14 SH FREEPRT-MCMRAN CPR & GLD 2010-06 PURCHASE 2012-10   565 463     102  
    30 SH GAP INC DELAWARE 2009-10 PURCHASE 2012-12   940 675     265  
    10 SH GAP INC DELAWARE 2010-07 PURCHASE 2012-12   313 187     126  
    28 SH GAP INC DELAWARE 2010-07 PURCHASE 2012-12   856 525     331  
    23 SH GAP INC DELAWARE 2010-07 PURCHASE 2012-12   700 431     269  
    2000 SH GOLDMAN SACHS GRO 5.35% 16 2006-01 PURCHASE 2012-08   2,156 2,002     154  
    1000 SH GOLDMAN SACHS GRO 5.35% 16 2009-08 PURCHASE 2012-08   1,078 1,020     58  
    2000 SH GOLDMAN SACHS GRO 5.35% 16 2006-05 PURCHASE 2012-08   2,156 1,894     262  
    1 SH HERSHEY COMPANY 2010-10 PURCHASE 2012-09   72 50     22  
    8 SH HERSHEY COMPANY 2010-10 PURCHASE 2012-09   578 405     173  
    9 SH HERSHEY COMPANY 2010-10 PURCHASE 2012-09   642 455     187  
    4 SH HERSHEY COMPANY 2010-10 PURCHASE 2012-09   284 203     81  
    5 SH HERSHEY COMPANY 2010-10 PURCHASE 2012-09   354 253     101  
    7 SH HERSHEY COMPANY 2010-10 PURCHASE 2012-09   502 356     146  
    16 SH HONEYWELL INTL INC DEL 2007-06 PURCHASE 2012-12   990 898     92  
    16 SH HONEYWELL INTL INC DEL 2007-06 PURCHASE 2012-12   990 894     96  
    11 SH HONEYWELL INTL INC DEL 2008-11 PURCHASE 2012-12   677 292     385  
    4 SH HONEYWELL INTL INC DEL 2007-06 PURCHASE 2012-12   246 224     22  
    3 SH INTL PAPER CO 2007-09 PURCHASE 2012-06   85 105     -20  
    15 SH INTL PAPER CO 2010-03 PURCHASE 2012-06   424 359     65  
    10 SH INTL PAPER CO 2010-03 PURCHASE 2012-06   283 248     35  
    10 SH INTL PAPER CO 2010-03 PURCHASE 2012-06   280 253     27  
    5 SH INTL PAPER CO 2010-03 PURCHASE 2012-06   140 124     16  
    14 SH INTL PAPER CO 2010-05 PURCHASE 2012-06   393 310     83  
    2 SH INTL PAPER CO 2010-05 PURCHASE 2012-06   56 44     12  
    25 SH INTL PAPER CO 2010-05 PURCHASE 2012-06   704 536     168  
    6 SH INTL PAPER CO 2010-05 PURCHASE 2012-06   166 129     37  
    42 SH JOHNSON AND JOHNSON COM 2004-09 PURCHASE 2012-02   2,742 2,445     297  
    2 SH JOHNSON AND JOHNSON COM 1997-08 PURCHASE 2012-02   131 61     70  
    18 SH JOHNSON AND JOHNSON COM 2008-11 PURCHASE 2012-09   1,242 1,078     164  
    3 SH JOHNSON AND JOHNSON COM 2006-12 PURCHASE 2012-09   207 198     9  
    8 SH JOHNSON AND JOHNSON COM 2004-09 PURCHASE 2012-09   552 466     86  
    24 SH KROGER CO 2006-12 PURCHASE 2012-07   541 573     -32  
    24 SH KROGER CO 2006-12 PURCHASE 2012-07   543 573     -30  
    2 SH KROGER CO 2006-12 PURCHASE 2012-07   46 48     -2  
    18 SH KROGER CO 2006-12 PURCHASE 2012-07   411 434     -23  
    3 SH L-3 COMMNCTNS HLDGS 2007-08 PURCHASE 2012-08   208 280     -72  
    5 SH L-3 COMMNCTNS HLDGS 2007-08 PURCHASE 2012-08   347 471     -124  
    8 SH L-3 COMMNCTNS HLDGS 2007-08 PURCHASE 2012-08   555 754     -199  
    1 SH L-3 COMMNCTNS HLDGS 2007-08 PURCHASE 2012-08   69 94     -25  
    6 SH L-3 COMMNCTNS HLDGS 2007-10 PURCHASE 2012-08   413 616     -203  
    7 SH L-3 COMMNCTNS HLDGS 2007-10 PURCHASE 2012-08   483 719     -236  
    8 SH L-3 COMMNCTNS HLDGS 2007-10 PURCHASE 2012-08   552 821     -269  
    10 SH LIMITED BRANDS INC 2010-06 PURCHASE 2012-06   410 253     157  
    8 SH LIMITED BRANDS INC 2010-06 PURCHASE 2012-06   327 204     123  
    2 SH LIMITED BRANDS INC 2010-06 PURCHASE 2012-06   82 51     31  
    9 SH LIMITED BRANDS INC 2010-06 PURCHASE 2012-06   368 229     139  
    9 SH LIMITED BRANDS INC 2010-06 PURCHASE 2012-06   368 229     139  
    10 SH LIMITED BRANDS INC 2010-06 PURCHASE 2012-06   423 255     168  
    7 SH LOCKHEED MARTIN CORP 2005-11 PURCHASE 2012-09   647 425     222  
    2 SH LOCKHEED MARTIN CORP 2008-08 PURCHASE 2012-09   185 230     -45  
    4 SH LOCKHEED MARTIN CORP 2008-08 PURCHASE 2012-09   366 459     -93  
    6 SH LOCKHEED MARTIN CORP 2008-08 PURCHASE 2012-09   549 691     -142  
    7 SH LOCKHEED MARTIN CORP 2008-11 PURCHASE 2012-09   635 504     131  
    2 SH LOCKHEED MARTIN CORP 2008-08 PURCHASE 2012-09   182 227     -45  
    44 SH MARATHON OIL CORP 2009-07 PURCHASE 2012-12   1,351 740     611  
    16 SH MOTOROLA SOLUTIONS INC 2010-09 PURCHASE 2012-03   806 529     277  
    8 SH MOTOROLA SOLUTIONS INC 2010-09 PURCHASE 2012-03   404 265     139  
    7 SH MOTOROLA SOLUTIONS INC 2010-09 PURCHASE 2012-03   353 234     119  
    5 SH MOTOROLA SOLUTIONS INC 2010-10 PURCHASE 2012-03   252 160     92  
    3 SH MOTOROLA SOLUTIONS INC 2010-10 PURCHASE 2012-03   151 96     55  
    8 SH MOTOROLA SOLUTIONS INC 2010-10 PURCHASE 2012-06   379 257     122  
    2 SH MOTOROLA SOLUTIONS INC 2010-10 PURCHASE 2012-06   95 64     31  
    7 SH NORTHROP GRUMMAN CORP 2009-08 PURCHASE 2012-09   465 295     170  
    7 SH NORTHROP GRUMMAN CORP 2009-08 PURCHASE 2012-09   467 295     172  
    7 SH NORTHROP GRUMMAN CORP 2009-08 PURCHASE 2012-09   467 295     172  
    5 SH NORTHROP GRUMMAN CORP 2009-08 PURCHASE 2012-09   333 210     123  
    1 SH NORTHROP GRUMMAN CORP 2009-08 PURCHASE 2012-09   67 42     25  
    6 SH NORTHROP GRUMMAN CORP 2009-08 PURCHASE 2012-09   402 253     149  
    3 SH NORTHROP GRUMMAN CORP 2009-08 PURCHASE 2012-09   199 126     73  
    8 SH PHILLIPS 66 SHS 2008-06 PURCHASE 2012-05   238 346     -108  
    4 SH PHILLIPS 66 SHS 2008-06 PURCHASE 2012-05   119 168     -49  
    2 SH PHILLIPS 66 SHS 2008-06 PURCHASE 2012-05   60 83     -23  
    3 SH PHILLIPS 66 SHS 2008-11 PURCHASE 2012-05   89 65     24  
    9 SH PHILLIPS 66 SHS 2010-02 PURCHASE 2012-05   266 204     62  
    8 SH PHILLIPS 66 SHS 2010-02 PURCHASE 2012-05   236 181     55  
    5 SH PHILLIPS 66 SHS 2010-02 PURCHASE 2012-05   148 112     36  
    8 SH PRUDENTIAL FINANCIAL INC 2010-05 PURCHASE 2012-10   456 445     11  
    22 SH PRUDENTIAL FINANCIAL INC 2010-05 PURCHASE 2012-10   1,254 1,191     63  
    24 SH SAFEWAY INC NEW 2006-01 PURCHASE 2012-07   418 583     -165  
    24 SH SAFEWAY INC NEW 2006-01 PURCHASE 2012-07   422 583     -161  
    5 SH SAFEWAY INC NEW 2006-12 PURCHASE 2012-07   89 155     -66  
    16 SH SAFEWAY INC NEW 2006-01 PURCHASE 2012-07   286 389     -103  
    26 SH SARA LEE CORP COM 2010-06 PURCHASE 2012-03   553 388     165  
    29 SH SARA LEE CORP COM 2010-06 PURCHASE 2012-03   617 428     189  
    67 SH SARA LEE CORP COM 2010-06 PURCHASE 2012-03   1,442 999     443  
    11 SH SARA LEE CORP COM 2010-06 PURCHASE 2012-03   235 163     72  
    91 SH SYMANTEC CORP COM 2010-09 PURCHASE 2012-10   1,658 1,405     253  
    20 SH SYMANTEC CORP COM 2010-11 PURCHASE 2012-11   371 334     37  
    54 SH SYMANTEC CORP COM 2010-11 PURCHASE 2012-11   1,001 886     115  
    18 SH SYMANTEC CORP COM 2010-09 PURCHASE 2012-11   334 278     56  
    31 SH SYMANTEC CORP COM 2010-11 PURCHASE 2012-11   583 517     66  
    9 SH TARGET CORP COM 2010-04 PURCHASE 2012-09   586 484     102  
    20 SH TARGET CORP COM 2010-04 PURCHASE 2012-09   1,303 1,074     229  
    7 SH TARGET CORP COM 2010-03 PURCHASE 2012-09   456 362     94  
    6 SH TARGET CORP COM 2010-04 PURCHASE 2012-09   390 325     65  
    5 SH TARGET CORP COM 2010-04 PURCHASE 2012-09   325 269     56  
    2000 SH US TSY 4.750% FEB 15 2037 2007-03 PURCHASE 2012-02   2,651 2,017     634  
    3000 SH US TSY 3.375% NOV 30 2012 2007-12 PURCHASE 2012-02   3,072 2,996     76  
    1000 SH US TSY 2.625% JUN 30 2014 2009-08 PURCHASE 2012-07   1,046 1,004     42  
    1000 SH US TSY 2.625% JUN 30 2014 2009-07 PURCHASE 2012-07   1,046 997     49  
    2000 SH US TSY 3.625% FEB 15 2020 2010-03 PURCHASE 2012-02   2,318 1,991     327  
    16 SH UNITEDHEALTH GROUP INC 2010-12 PURCHASE 2012-06   880 593     287  
    29 SH UNUM GROUP 2008-10 PURCHASE 2012-06   543 505     38  
    29 SH UNUM GROUP 2008-10 PURCHASE 2012-06   538 505     33  
    1 SH UNUM GROUP 2008-10 PURCHASE 2012-06   19 18     1  
    28 SH UNUM GROUP 2008-10 PURCHASE 2012-06   527 502     25  
    16 SH UNUM GROUP 2008-11 PURCHASE 2012-06   299 265     34  
    12 SH UNUM GROUP 2008-10 PURCHASE 2012-06   224 215     9  
    22 SH UNUM GROUP 2008-11 PURCHASE 2012-06   421 365     56  
    8 SH UNUM GROUP 2008-11 PURCHASE 2012-06   153 145     8  
    7 SH VERIZON COMMUNICATNS COM 2009-04 PURCHASE 2012-06   305 215     90  
    7 SH VERIZON COMMUNICATNS COM 2009-04 PURCHASE 2012-06   307 215     92  
    6 SH VERIZON COMMUNICATNS COM 2009-04 PURCHASE 2012-06   263 184     79  
    6 SH VERIZON COMMUNICATNS COM 2009-04 PURCHASE 2012-06   262 184     78  
    6 SH VERIZON COMMUNICATNS COM 2009-04 PURCHASE 2012-06   267 184     83  
    5 SH WELLPOINT INC 2003-10 PURCHASE 2012-06   346 176     170  
    4 SH WELLPOINT INC 2003-10 PURCHASE 2012-06   277 141     136  
    8 SH WELLPOINT INC 2008-10 PURCHASE 2012-06   557 320     237  
    1 SH WELLPOINT INC 2003-10 PURCHASE 2012-06   70 35     35  
    9 SH WELLPOINT INC 2003-10 PURCHASE 2012-06   624 318     306  
    9 SH WELLPOINT INC 2008-10 PURCHASE 2012-06   629 360     269  
    8 SH WELLPOINT INC 2008-10 PURCHASE 2012-06   528 320     208  
    9 SH WELLPOINT INC 2008-10 PURCHASE 2012-06   584 360     224  
    CASH IN LIEU ENGILITY HOLDINGS INC 2012-08 PURCHASE 2012-08   5       5  
    1 SH MOTOROLA SOLUTIONS INC 2011-01 PURCHASE 2012-06   47       47  

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS 49,494 54,247

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITIES 167,617 196,467

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    US Government Securities - End of Year Book Value:

    60,949
    US Government Securities - End of Year Fair Market Value:

    67,678
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2012 OtherAssetsSchedule
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ESTIMATED ACCRUED INTEREST     1,028


    TY 2012 OtherDecreasesSchedule
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Description Amount
    OTHER ADJUSTMENT 824


    TY 2012 OtherExpensesSchedule
    Name:
    THE HUGHES-MONAGHAN FOUNDATION
    EIN: 72-1374260
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES 6,767 6,767    
    BANK FEES 81 81