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
DR ALVIN & MONICA SAAKE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)1611 KUHILANI ST   Room/suite
City or town, state, and ZIP code
HONOLULU, HI96821
A Employer identification number

73-1671840
B Telephone number (see instructions)

(808) 728-5229
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$2,044,185J 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 59,792 57,104 59,792
4 Dividends and interest from securities...... 68,626 67,703 68,626
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 42,968
b Gross sales price for all assets on line 6a 1,328,187
7 Capital gain net income (from Part IV, line 2)... 4,060
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)....... Click to see attachment 1,081 1,081 1,081
12 Total. Add lines 1 through 11........ 172,467 129,948 129,499
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 35,100 9,000   26,100
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 4,555 4,555    
c Other professional fees (attach schedule).... Click to see attachment 22,695 22,695    
17 Interest............... 9,623 9,623    
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,363 1,363    
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 2,182 2,182    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 75,518 49,418   26,100
25 Contributions, gifts, grants paid........ 97,700 97,700
26 Total expenses and disbursements. Add lines 24 and 25 173,218 49,418   123,800
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -751
b Net investment income (if negative, enter -0-) 80,530
c Adjusted net income (if negative, enter -0-)... 129,499
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............... 5,395 3,718 3,718
2 Savings and temporary cash investments.......... 202,779 149,112 149,112
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) 970,600 Click to see attachment1,084,139  
b Investments—corporate stock (attach schedule)........ 1,688,855 Click to see attachment1,634,378 1,634,378
c Investments—corporate bonds (attach schedule)........ 174,984 Click to see attachment70,615 70,615
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........   Click to see attachment183,278 183,278
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment3,084 Click to see attachment3,084
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,042,613 3,128,324 2,044,185
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 3,042,613 3,128,324
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,042,613 3,128,324
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,042,613 3,128,324
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 3,042,613
2 Enter amount from Part I, line 27a..................... 2 -751
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 86,462
4 Add lines 1, 2, and 3.......................... 4 3,128,324
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,128,324
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 4,060
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 165,180 3,076,413 0.053692
2010 191,017 3,082,519 0.061968
2009 191,428 2,958,857 0.064697
2008 195,154 3,184,076 0.061291
2007 105,000 3,286,480 0.031949
2 Total of line 1, column (d) ...................... 2 0.273597
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 0.054719
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 3,089,762
5 Multiply line 4 by line 3....................... 5 169,069
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 805
7 Add lines 5 and 6......................... 7 169,874
8 Enter qualifying distributions from Part XII, line 4.............. 8 123,800
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 1,611
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 1,611
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 1,611
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 950
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.............. 7 950
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 9 661
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  
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
     
    No
    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
     
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletHI
    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 ofbulletTATSUGUCHI CPA LLC Telephone no.bullet (808) 589-2100
    Located atbullet1314 S KING ST STE 662HONOLULUHI ZIP+4bullet96814
    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
    DENNIS X CHAIClick to see attachment PRESIDENT
    1.00     		11,700 0 0
    46-306 KUPALE ST
    KANEOHE,HI96744
    ARTHUR Y SHIDAClick to see attachment VP & TREAS
    1.00     		11,700 0 0
    1611 KUHILANI ST
    HONOLULU,HI96821
    BART M KOZAClick to see attachment SECRETARY
    1.00     		11,700 0 0
    PO BOX 240908
    HONOLULU,HI96824
    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 UNIVERSITY OF HAWAII FOUNDATION - SEE PART XV (PAGE 11) FOR THE VARIOUS UH PROGRAMS/DEPARTMENTS THAT BENEFITED. 79,500
    2 COLLEGE SCHOLARSHIPS FUNDED BY THE FOUNDATION BUT DISBURSED BY THE HAWAII COMMUNITY FOUNDATION. SEE PART XV (PAGE 11) FOR ADDITIONAL EXPLANATION. 18,200
    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
    2,952,235
    b
    Average of monthly cash balances.......................
    1b
    184,579
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,136,814
    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
    3,136,814
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    47,052
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,089,762
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    154,488
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    154,488
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    1,611
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,611
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    152,877
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    152,877
    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
    152,877
    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
    123,800
    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
    123,800
    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
    123,800
    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 7 152,877
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    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....... 24,511
    d From 2010....... 38,957
    e From 2011....... 13,199
    fTotal of lines 3a through e......... 76,667
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 123,800
    a Applied to 2011, but not more than line 2a  
    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..... 123,800
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012. 29,077 29,077
    (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 47,590
    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 ..........     		0
    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 ......     		47,590
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010.... 34,391
    d Excess from 2011.... 13,199
    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:
    DR ALVIN MONICA SAAKE FOUNDATION
    C/O HAWAII COMMUNITY FOUNDATION
    1164 BISHOP ST STE 800
    HONOLULU,HI96813
    (808) 537-6333
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS MUST SUBMIT THEIR COLLEGE AND/OR GRADUATE TRANSCRIPTS AND THEIR PERSONAL STATEMENT.
    cAny submission deadlines:
    APPLICATIONS ARE DUE MARCH 31ST EVERY YEAR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    APPLICANT MUST BE A JUNIOR, SENIOR OR GRADUATE STUDENT WITH A GPA OF 3.0 OR HIGHER. THE MUST HAVE A FINANCIAL NEED AND BE STUDYING IN THE AREAS OF KINESIOLOGY AND PHYSICAL SCIENCES (E.G., PHYSICAL THERAPY, OCCUPATIONAL THERAPY, EXERCISE SCIENCE, SPORTS MEDICINE & ETC.).
    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
    HAWAII COMMUNITY FOUNDATI
    1164 BISHOP ST STE 800
    HONOLULU,HI96813     		NONE PUBLIC CHARI DISBURSEMENT OF SCHOLARSHIPS 18,200
    UNIVERSITY OF HAWAII FOUN
    2444 DOLE ST BACHMAN HAL
    HONOLULU,HI96822     		NONE PUBLIC CHARI MANOA STRENGTH & CONDITIONING ROOM 8,000
    UNIVERSITY OF HAWAII FOUN
    2444 DOLE ST BACHMAN HAL
    HONOLULU,HI96822     		NONE PUBLIC CHARI KINESIOLOGY & LEISURE 5,000
    UNIVERSITY OF HAWAII FOUN
    2444 DOLE ST BACHMAN HAL
    HONOLULU,HI96822     		NONE PUBLIC CHARI WARRIOR GOLF BOOSTER CLUB FUND 2,000
    UNIVERSITY OF HAWAII FOUN
    2444 DOLE ST BACHMAN HAL
    HONOLULU,HI96822     		NONE PUBLIC CHARI INTRAMURAL SPORTS PROGRAM 5,000
    UNIVERSITY OF HAWAII FOUN
    2444 DOLE ST BACHMAN HAL
    HONOLULU,HI96822     		NONE PUBLIC CHARI AHAHUI KOA ANUENUE DEVELOPMENT SUPPO 4,500
    UNIVERSITY OF HAWAII FOUN
    2444 DOLE ST BACHMAN HAL
    HONOLULU,HI96822     		NONE PUBLIC CHARI ATHLETIC TRAINING ROOM 40,000
    UNIVERSITY OF HAWAII FOUN
    2444 DOLE ST BACHMAN HAL
    HONOLULU,HI96822     		NONE PUBLIC CHARI MEN'S BASKETBALL PROGRAM 15,000
    Total .................................bullet 3a 97,700
    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     14 59,792  
    4 Dividends and interest from securities....     14 68,626  
    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.....     14 1,081  
    8Gain or (loss) from sales of assets other than inventory     14 42,968  
    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)..   172,467  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13172,467
    (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:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 4,555 4,555    

    TY 2012 CompensationExplanation
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Person Name Explanation
    DENNIS X CHAI  
    ARTHUR Y SHIDA  
    BART M KOZA  

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    80 SH - KRAFT FOODS INC CL A 2011-02 PURCHASE 2012-03   3,019 2,443     576  
    0.0482 SH - ALLEGHANY CORP NEW 2004-01 PURCHASE 2012-03   16 16        
    40 SH - BAXTER INTERNATIONAL INC 2010-07 PURCHASE 2012-06   2,016 1,778     238  
    35 SH - BECTON DICKINSON & CO 2009-06 PURCHASE 2012-06   2,613 2,354     259  
    105 SH - GRUPO TELEVISA SA DE CV GLO 2008-11 PURCHASE 2012-04   2,245 1,433     812  
    129 SH - JOHNSON & JOHNSON 2008-10 PURCHASE 2012-07   8,759 7,706     1,053  
    32 SH - LOCKHEED MARTIN CORP 2010-11 PURCHASE 2012-07   2,818 2,249     569  
    20 SH - MERCK & CO INC NEW 2008-11 PURCHASE 2012-04   766 297     469  
    264 SH - MERCK & CO INC NEW 2008-11 PURCHASE 2012-07   10,900 6,881     4,019  
    304 SH - SEALED AIR CORP NEW 2004-01 PURCHASE 2012-11   5,106 7,880     -2,774  
    65 SH - TRANSATLANTIC HLDGS INC 2004-01 PURCHASE 2012-03   75 63     12  
    19000 SH - FEDERAL HOME LN MTG CORP 2012-02 PURCHASE 2012-08   19,127 18,999     128  
    11000 SH - FHLMC GOLD PASS THRU POOL 2011-11 PURCHASE 2012-07   2,960 3,012     -52  
    24000 SH - FNMA PASS THRU POOL DATED 2012-03 PURCHASE 2012-04   8,966 8,935     31  
    48000 SH - FNMA PASS THRU POOL DATED 2012-02 PURCHASE 2012-11   6,893 7,050     -157  
    15000 SH - FNMA PASS THRU POOL DATED 2012-01 PURCHASE 2012-04   12,746 12,810     -64  
    11000 SH - FNMA PASS THRU POOL DATED 2012-09 PURCHASE 2012-11   3,313 3,377     -64  
    2000 SH - FNMA PASS THRU POOL DATED 2011-10 PURCHASE 2012-04   1,659 1,653     6  
    6000 SH - FNMA PASS THRU POOL DATED 2011-10 PURCHASE 2012-04   1,742 1,752     -10  
    3000 SH - FNMA PASS THRU POOL DATED 2011-09 PURCHASE 2012-04   2,192 2,210     -18  
    11000 SH - FNMA PASS THRU POOL DATED 2012-03 PURCHASE 2012-04   9,217 9,184     33  
    9000 SH - FNMA PASS THRU POOL DATED 2011-05 PURCHASE 2012-04   2,325 2,373     -48  
    3000 SH - FNMA PASS THRU POOL DATED 2011-05 PURCHASE 2012-04   3,018 2,893     125  
    7000 SH - FNMA PASS THRU POOL DATED 2011-06 PURCHASE 2012-04   1,389 1,433     -44  
    63000 SH - FNMA PASS THRU POOL DATED 2012-07 PURCHASE 2012-11   16,827 17,246     -419  
    23000 SH - FNMA PASS THRU POOL DATED 2011-09 PURCHASE 2012-04   7,019 7,148     -129  
    26000 SH - FNMA PASS THRU POOL DATED 2011-10 PURCHASE 2012-04   6,815 6,842     -27  
    35000 SH - U.S. TREASURY NOTES 2012-02 PURCHASE 2012-09   35,705 35,008     697  
    84000 SH - U.S. TREASURY NOTES 2012-01 PURCHASE 2012-12   88,003 84,605     3,398  
    29000 SH - U.S. TREASURY NOTES 2011-08 PURCHASE 2012-03   29,904 29,685     219  
    6000 SH - U.S. TREASURY NOTES 2011-05 PURCHASE 2012-02   6,000 6,034     -34  
    36000 SH - U.S. TREASURY INFLATION I 2011-07 PURCHASE 2012-03   51,474 47,129     4,345  
    3000 SH - U.S. TREASURY INFLATION PR 2012-03 PURCHASE 2012-07   3,837 3,873     -36  
    37000 SH - FEDERAL NATL MTG ASSN NOT 2011-01 PURCHASE 2012-08   37,245 36,760     485  
    9000 SH - FHLMC GOLD PASS THRU POOL 2011-11 PURCHASE 2012-11   2,603 2,700     -97  
    22000 SH - FHLMC GOLD PASS THRU POOL 2011-02 PURCHASE 2012-04   19,051 17,989     1,062  
    68000 SH - FHLMC GOLD PASS THRU POOL 2008-01 PURCHASE 2012-11   13,574 13,520     54  
    99000 SH - FNMA PASS THRU POOL AE011 2011-04 PURCHASE 2012-11   50,164 51,674     -1,510  
    29000 SH - FNMA PASS THRU POOL AE098 2011-03 PURCHASE 2012-04   26,074 24,954     1,120  
    1000 SH - FNMA PASS THRU POOL AB1389 2011-02 PURCHASE 2012-04   690 659     31  
    3000 SH - FNMA PASS THRU POOL 986761 2010-01 PURCHASE 2012-12   824 888     -64  
    8000 SH - FNMA PASS THRU POOL 995018 2009-05 PURCHASE 2012-04   2,669 2,624     45  
    21000 SH - FNMA PASS THRU POOL 88998 2009-04 PURCHASE 2012-07   6,815 6,931     -116  
    104000 SH - FNMA PASS THRU POOL 7355 2008-05 PURCHASE 2012-11   24,897 22,194     2,703  
    53000 SH - FNMA PASS THRU POOL 74527 2009-04 PURCHASE 2012-11   13,679 13,806     -127  
    37000 SH - FNMA PASS THRU POOL 72520 2011-10 PURCHASE 2012-11   7,561 7,782     -221  
    10000 SH - FNMA PASS THRU POOL 88033 2008-12 PURCHASE 2012-12   2,282 2,245     37  
    15000 SH - U.S. TREASURY NOTES 2010-03 PURCHASE 2012-03   15,181 14,953     228  
    65000 SH - U.S. TREASURY NOTES 2010-02 PURCHASE 2012-02   65,000 65,120     -120  
    15000 SH - U.S. TREASURY INFLATION I 2010-10 PURCHASE 2012-01   21,338 19,086     2,252  
    15000 SH - U.S. TREASURY NOTES 2010-09 PURCHASE 2012-02   31,892 28,212     3,680  
    44000 SH - U.S. TREASURY NOTES 2011-09 PURCHASE 2012-09   45,793 44,550     1,243  
    38000 SH - U.S. TREASURY INFLATION P 2004-02 PURCHASE 2012-07   48,602 45,833     2,769  
    68000 SH - FHLMC GOLD PASS THRU POOL 2008-01 PURCHASE 2012-12   7,232 7,232        
    11000 SH - FHLMC GOLD PASS THRU POOL 2011-11 PURCHASE 2012-12   821 821        
    12000 SH - FHLMC GOLD PASS THRU POOL 2008-10 PURCHASE 2012-12   1,647 1,647        
    9000 SH - FHLMC GOLD PASS THRU POOL 2011-11 PURCHASE 2012-12   1,226 1,226        
    42000 SH - FHLMC GOLD PASS THRU POOL 2011-02 PURCHASE 2012-12   6,773 6,773        
    28000 SH - FNMA PASS THRU POOL 2008-08 PURCHASE 2012-12   1,791 1,791        
    15000 SH - FNMA PASS THRU POOL 2012-01 PURCHASE 2012-12   1,226 1,226        
    2000 SH - FNMA PASS THRU POOL 2011-10 PURCHASE 2012-12   152 152        
    3000 SH - FNMA PASS THRU POOL 2011-05 PURCHASE 2012-12   79 79        
    11000 SH - FNMA PASS THRU POOL 2012-09 PURCHASE 2012-12   331 331        
    44000 SH - FNMA PASS THRU POOL 2011-02 PURCHASE 2012-12   10,410 10,410        
    53000 SH - FNMA PASS THRU POOL 2012-08 PURCHASE 2012-12   2,430 2,430        
    37000 SH - FNMA PASS THRU POOL 2011-10 PURCHASE 2012-12   3,494 3,494        
    104000 SH - FNMA PASS THRU POOL 2008-05 PURCHASE 2012-12   9,888 9,888        
    68000 SH - FNMA PASS THRU POOL 2012-07 PURCHASE 2012-12   7,970 7,970        
    49000 SH - FNMA PASS THRU POOL 2009-04 PURCHASE 2012-12   5,995 5,995        
    6000 SH - FNMA PASS THRU POOL 2011-10 PURCHASE 2012-12   153 153        
    23000 SH - FNMA PASS THRU POOL 2011-09 PURCHASE 2012-12   606 606        
    40000 SH - FNMA PASS THRU POOL 2008-12 PURCHASE 2012-12   4,009 4,009        
    24000 SH - FNMA PASS THRU POOL 2012-03 PURCHASE 2012-12   297 297        
    11000 SH - FNMA PASS THRU POOL 2012-09 PURCHASE 2012-12   279 279        
    51000 SH - FNMA PASS THRU POOL 2008-11 PURCHASE 2012-12   6,829 6,829        
    4000 SH - FNMA PASS THRU POOL 2009-04 PURCHASE 2012-12   854 854        
    9000 SH - FNMA PASS THRU POOL 2011-05 PURCHASE 2012-12   232 232        
    7000 SH - FNMA PASS THRU POOL 2011-06 PURCHASE 2012-12   227 227        
    3000 SH - FNMA PASS THRU POOL 2010-01 PURCHASE 2012-12   455 455        
    8000 SH - FNMA PASS THRU POOL 2009-05 PURCHASE 2012-12   259 259        
    3000 SH - FNMA PASS THRU POOL 2011-09 PURCHASE 2012-12   212 212        
    62000 SH - FNMA PASS THRU POOL 2011-02 PURCHASE 2012-12   18,605 18,605        
    74000 SH - FNMA PASS THRU POOL 2012-04 PURCHASE 2012-12   20,302 20,302        
    44000 SH - FNMA PASS THRU POOL 2012-01 PURCHASE 2012-12   8,300 8,300        
    45000 SH - FNMA PASS THRU POOL 2012-06 PURCHASE 2012-12   5,327 5,327        
    73000 SH - FNMA PASS THRU POOL 2012-10 PURCHASE 2012-12   3,049 3,049        
    47000 SH - FNMA PASS THRU POOL 2012-11 PURCHASE 2012-12   190 190        
    99000 SH - FNMA PASS THRU POOL 2011-04 PURCHASE 2012-12   17,434 17,434        
    2900 SH - FNMA PASS THRU POOL 2011-03 PURCHASE 2012-12   1,417 1,417        
    56 SH - AMERICAN CAMPUS COMMUNITIES 2011-06 PURCHASE 2012-02   2,294 1,990     304  
    10 SH - AMERICAN TOWER CORP REIT 2012-01 PURCHASE 2012-09   712 593     119  
    109 SH - APARTMENT INVESTMENT & REIT 2012-02 PURCHASE 2012-05   2,900 2,728     172  
    209 SH - BRANDYWINE REALTY TRUST REI 2012-02 PURCHASE 2012-11   2,466 2,360     106  
    56 SH - BRE PROPERTIES INC REIT 2011-02 PURCHASE 2012-11   2,729 2,839     -110  
    41 SH - CBL & ASSOC PROPERTIES REIT 2011-10 PURCHASE 2012-01   646 514     132  
    90 SH - DOUGLAS EMMETT INC 2012-01 PURCHASE 2012-06   1,929 1,952     -23  
    35 SH - DUKE REALTY CORP 2011-08 PURCHASE 2012-02   489 360     129  
    22 SH - EQUITY LIFESTYLE PROP (REIT) 2011-01 PURCHASE 2012-09   1,488 1,492     -4  
    20 SH - EXTRA SPACE STORAGE INC 2011-01 PURCHASE 2012-09   615 536     79  
    38 SH - FEDERAL RLTY INVT TR SBI REI 2011-06 PURCHASE 2012-04   3,670 3,286     384  
    16 SH - HCP INC 2011-02 PURCHASE 2012-02   638 608     30  
    41 SH - HEALTHCARE REALTY TR INC REI 2011-10 PURCHASE 2012-09   991 711     280  
    58 SH - HERSHA HOSPITALITY TR PRIORI 2011-05 PURCHASE 2012-03   300 355     -55  
    6 SH - HIGHWOODS PROPERTIES INC REIT 2011-08 PURCHASE 2012-03   190 183     7  
    76 SH - KIMCO REALTY CORP REIT 2012-03 PURCHASE 2012-11   1,502 1,459     43  
    24 SH - MID-AMER APT COMMUNITIES REI 2011-06 PURCHASE 2012-02   1,512 1,559     -47  
    90 SH - NATIONAL RETAIL PPTYS INC 2011-08 PURCHASE 2012-02   2,422 2,354     68  
    84 SH - PIEDMONT OFFICE RLTY TR INC 2011-06 PURCHASE 2012-02   1,483 1,582     -99  
    7 SH - PLUM CREEK TIMBER CO INC 2011-01 PURCHASE 2012-01   256 276     -20  
    17 SH - PUBLIC STORAGE INC REIT 2011-02 PURCHASE 2012-05   2,254 1,957     297  
    6 SH - RAYONIER INC 2011-01 PURCHASE 2012-01   271 228     43  
    41 SH - REGENCY CENTERS CORP REIT 2012-03 PURCHASE 2012-12   1,901 1,860     41  
    8.1395 SH - ROUSE PROPERTIES INC 2012-01 PURCHASE 2012-01   89 92     -3  
    60 SH - SENIOR HOUSING PROP TR REIT 2011-06 PURCHASE 2012-01   1,330 1,383     -53  
    23 SH - SOVRAN SELF STORAGE INC 2012-02 PURCHASE 2012-12   1,381 1,148     233  
    47 SH - STARWOOD HOTELS & RESORTS WO 2011-02 PURCHASE 2012-09   2,655 2,582     73  
    136 SH - SUNSTONE HOTEL INVESTORS IN 2011-09 PURCHASE 2012-08   1,383 1,047     336  
    34 SH - TANGER FACTORY OUTLET REIT C 2011-09 PURCHASE 2012-01   959 906     53  
    26 SH - TAUBMAN CENTERS INC REIT 2011-08 PURCHASE 2012-05   1,942 1,514     428  
    7 SH - UDR INC 2011-07 PURCHASE 2012-01   174 181     -7  
    11 SH - WEYERHAEUSER CO 2011-02 PURCHASE 2012-01   209 274     -65  
    6 SH - BOSTON PROPERTIES INC REIT 2011-01 PURCHASE 2012-11   621 519     102  
    16 SH - BRE PROPERTIES INC REIT 2011-02 PURCHASE 2012-03   776 726     50  
    49 SH - DOUGLAS EMMETT INC 2011-02 PURCHASE 2012-05   1,062 903     159  
    134 SH - DUKE REALTY CORP 2011-01 PURCHASE 2012-07   1,937 1,775     162  
    6 SH - EQUITY RESIDENTIAL 2011-01 PURCHASE 2012-09   359 321     38  
    26 SH - EXTRA SPACE STORAGE INC 2011-01 PURCHASE 2012-02   691 503     188  
    99 SH - GENERAL GROWTH PPTYS INC 2011-02 PURCHASE 2012-09   2,013 1,516     497  
    145 SH - HCP INC 2011-02 PURCHASE 2012-12   6,217 5,416     801  
    3 SH - KILROY RLTY CORP REIT 2011-02 PURCHASE 2012-07   147 117     30  
    6 SH - MID-AMER APT COMMUNITIES REIT 2011-01 PURCHASE 2012-02   378 377     1  
    3 SH - PEBBLEBROOK HOTEL TR 2011-10 PURCHASE 2012-11   63 51     12  
    76 SH - PLUM CREEK TIMBER CO INC 2011-01 PURCHASE 2012-09   3,057 3,166     -109  
    29 SH - PUBLIC STORAGE INC REIT 2011-02 PURCHASE 2012-05   3,957 3,223     734  
    9 SH - RAYONIER INC 2011-01 PURCHASE 2012-02   405 342     63  
    4 SH - SL GREEN RLTY CORP REIT 2011-01 PURCHASE 2012-01   294 281     13  
    3 SH - STARWOOD HOTELS & RESORTS WOR 2011-03 PURCHASE 2012-03   170 169     1  
    9 SH - UDR INC 2011-07 PURCHASE 2012-09   226 233     -7  
    10.3572 SH - VENTAS INC 2011-01 PURCHASE 2012-09   650 485     165  
    37 SH - VORNADO REALTY TR REIT 2011-02 PURCHASE 2012-04   3,137 3,412     -275  
    116 SH - WEYERHAEUSER CO 2011-02 PURCHASE 2012-11   2,762 2,828     -66  
    8 SH - ACADIA REALTY TR REIT 2009-07 PURCHASE 2012-01   158 99     59  
    4 SH - ALEXANDRIA REAL ESTATE REIT E 2009-05 PURCHASE 2012-01   274 153     121  
    2 SH - AVALONBAY COMMUNITIES REIT IN 2009-10 PURCHASE 2012-01   257 166     91  
    40 SH - BOSTON PROPERTIES INC REIT 2009-09 PURCHASE 2012-10   4,262 2,811     1,451  
    45 SH - CAMDEN PROPERTY TRUST REIT S 2010-03 PURCHASE 2012-02   2,841 1,997     844  
    2 SH - DIGITAL REALTY TRUST INC 2009-02 PURCHASE 2012-09   145 57     88  
    55 SH - EQUITY RESIDENTIAL 2009-10 PURCHASE 2012-09   3,328 2,394     934  
    1 SH - ESSEX PROPERTY TRUST INC REIT 2009-02 PURCHASE 2012-01   140 59     81  
    16 SH - EXTRA SPACE STORAGE INC 2010-12 PURCHASE 2012-01   399 280     119  
    65 SH - HEALTH CARE REIT INC REIT 2008-10 PURCHASE 2012-04   3,632 2,811     821  
    110 SH - HERSHA HOSPITALITY TR PRIOR 2010-10 PURCHASE 2012-03   599 668     -69  
    59 SH - HIGHWOODS PROPERTIES INC REI 2010-08 PURCHASE 2012-03   1,864 1,907     -43  
    45 SH - HOST HOTELS & REPORTS 2009-07 PURCHASE 2012-10   712 391     321  
    17 SH - KILROY RLTY CORP REIT 2009-11 PURCHASE 2012-07   840 569     271  
    170 SH - KIMCO REALTY CORP REIT 2010-10 PURCHASE 2012-09   3,336 2,904     432  
    8 SH - MACERICH CO REIT 2009-05 PURCHASE 2012-01   423 141     282  
    7 SH - MID-AMER APT COMMUNITIES REIT 2010-10 PURCHASE 2012-02   448 421     27  
    27 SH - PROLOGIS INC 2010-09 PURCHASE 2012-05   918 715     203  
    63 SH - REGENCY CENTERS CORP REIT 2009-12 PURCHASE 2012-11   2,780 2,428     352  
    28 SH - SIMON PROPERTY GROUP REIT IN 2007-06 PURCHASE 2012-12   4,004 2,620     1,384  
    5 SH - SL GREEN RLTY CORP REIT 2010-11 PURCHASE 2012-01   369 322     47  
    39 SH - SOVRAN SELF STORAGE INC 2010-05 PURCHASE 2012-09   2,141 1,543     598  
    27.6429 SH - VENTAS INC 2010-08 PURCHASE 2012-09   1,625 1,340     285  
    36 SH - VORNADO REALTY TR REIT 2009-09 PURCHASE 2012-04   2,939 2,527     412  
    26000 SH - BANK INDIA CD 2011-07 PURCHASE 2012-01   26,000 26,000        
    46000 SH - BANK INDIA CD 2011-12 PURCHASE 2012-06   46,000 46,000        
    20000 SH - BANK OF CHINA CD 2011-10 PURCHASE 2012-04   20,000 20,000        
    50000 SH - BANK OF AMERICA CORP SENI 2009-02 PURCHASE 2012-09   50,000 49,909     91  
    1741 SH - FIRST TRUST TARGET GLOBAL 2011-02 PURCHASE 2012-04   17,190 18,002     -812  
    1004 SH - FIRST TRUST SELECT DSIP PO 2011-01 PURCHASE 2012-04   10,520 10,000     520  
    55000 SH - GENERAL ELEC CAP CORP INT 2011-06 PURCHASE 2012-12   55,000 55,253     -253  
    30000 SH - UNIVERSITY HAWAII UNV SYS 2003-12 PURCHASE 2012-07   30,000 31,586     -1,586  
    6 SH - GRAINGER W W INC 2011-02 PURCHASE 2012-02   1,216 797     419  
    32 SH - NATIONAL FUEL GAS CO 2011-02 PURCHASE 2012-02   1,512 2,335     -823  
    76 SH - OWENS & MINOR INC NEW 2011-02 PURCHASE 2012-01   2,144 2,375     -231  
    34 SH - BROWN-FORMAN CORP CL B 2011-02 PURCHASE 2012-03   2,756 2,369     387  
    2 SH - EATON VANCE CORP NON VTG 2011-02 PURCHASE 2012-08   53 63     -10  
    39 SH - ENERGEN CORPORATION 2011-02 PURCHASE 2012-04   1,793 2,386     -593  
    3 SH - GRAINGER W W INC 2011-02 PURCHASE 2012-08   610 399     211  
    32 SH - SCANA CORP COM 2011-02 PURCHASE 2012-06   1,515 1,302     213  
    5 SH - V F CORPORATION 2011-07 PURCHASE 2012-11   783 516     267  

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WELLS FARGO ADVISORS - 7304 70,615 70,615

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Name of Stock End of Year Book Value End of Year Fair Market Value
    WELLS FARGO ADVISORS - 7113 289,677 289,677
    WELLS FARGO ADVISORS - 7177 712,853 712,853
    WELLS FARGO ADVISORS - 7239 191,102 191,102
    WELLS FARGO ADVISORS - 7304 312,619 312,619
    WELLS FARGO ADVISORS - 0778 128,127 128,127

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    US Government Securities - End of Year Book Value:

    858,900
    US Government Securities - End of Year Fair Market Value:

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


    225,239
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2012 InvestmentsOtherSchedule2
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WELLS FARGO 7304 EQUITY TRUSTS FMV 44,016 44,016
    WELLS FARGO 7304 FOREIGN BONDS FMV 139,262 139,262

    TY 2012 OtherAssetsSchedule
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INCOME RECEIVABLE   3,084 3,084


    TY 2012 OtherExpensesSchedule
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT EXPENSES 1,992 1,992    
    MISCELLANEOUS 190 190    


    TY 2012 OtherIncomeSchedule2
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FORM 1099-OID (WELLS FARGO 7 1,081 1,081 1,081


    TY 2012 OtherIncreasesSchedule
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Description Amount
    UNREALIZED GAINS 86,462


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 22,695 22,695    


    TY 2012 TaxesSchedule
    Name:
    DR ALVIN & MONICA SAAKE FOUNDATION
    EIN: 73-1671840
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 38 38    
    FEDERAL INVESTMENT TAX 1,325 1,325