TY 2011 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation

Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0052

2011

For calendar year 2011, or tax year beginning 10-01-2011 , and ending 09-30-2012

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

Amended returnAddress changeName change

Name of foundation
TOWLE FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1610 DES PERES RD STE 250 Room/suite

City or town, state, and ZIP code
ST LOUIS, MO63131

A Employer identification number

43-1800405

B Telephone number (see page 10 of the instructions)

(314) 822-0204

C If exemption application is pending, check here bullet

D 1. Foreign organizations, check here . bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation 2. Foreign organizations meeting the 85% test,
check here and attach computation bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$10,568,827J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)	230,549
2	Check
3	Interest on savings and temporary cash investments	20		20
4	Dividends and interest from securities......	124,892		124,882
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		260,882
b	Gross sales price for all assets on line 6a 5,309,274
7	Capital gain net income (from Part IV, line 2)...			260,882
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........	616,343		385,784
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).......		4,600
c	Other professional fees (attach schedule)....		96,083
17	Interest...............
18	Taxes (attach schedule) (see page 14 of the instructions)		20,288
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		20
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	120,991		0	0
25	Contributions, gifts, grants paid........	520,849			520,849
26	Total expenses and disbursements. Add lines 24 and 25	641,840		0	520,849
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-25,497
b	Net investment income (if negative, enter -0-)			385,784
c	Adjusted net income (if negative, enter -0-)...

For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.

Cat. No. 11289X Form 990-PF (2011)

Form 990-PF (2011)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	74,918	335,867	335,867
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	9,867,338	9,534,727	10,128,917
	c	Investments—corporate bonds (attach schedule)........
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )		104,041	104,043
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,942,256	9,974,635	10,568,827
	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 )		57,876
	23	Total liabilities (add lines 17 through 22)..........		57,876
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	9,942,256	9,916,759
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	9,942,256	9,916,759
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	9,942,256	9,974,635

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	9,942,256
2	Enter amount from Part I, line 27a.....................	2	-25,497
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	9,916,759
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	9,916,759

Form 990-PF (2011)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	650SH BROWN SHOE CO	P	2011-01-07	2011-10-06
b	290SH THE HANOVER INSURANCE GROUP	P	2011-07-07	2011-10-06
c	290SH FURNITURE BRANDS INTL	P	2010-09-19	2011-11-14
d	1930SH FURNITURE BRANDS INTL	P	2011-03-08	2011-11-30
e	900SH STEWART INFORMATION SERVICES	P	2007-12-21	2011-12-13
	410SH CHARMING SHOPPES INC	P	2008-11-03	2011-12-29
	920SH SANMINA CORP	P	2011-03-08	2011-12-29
	1240SH GENCO SHIPPING & TRADING	P	2011-01-26	2011-12-29
	1250SH GROUP 1 AUTOMOTIVE	P	2009-10-30	2012-01-09
	680SH STEWART INFORMATION SERVICES	P	2009-07-20	2012-02-22
	580SH STEWART INFORMATION SERVICES	P	2009-10-29	2012-03-26
	13000SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	90SH FLEXSTEEL INDUSTRIES INC	P	2005-07-26	2012-05-11
	720SH BROWN SHOE CO	P	2011-03-16	2012-05-23
	380SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-06-18
	4270SH ARCH COAL	P	2012-03-07	2012-07-20
	4280SH RADIOSHACK	P	2011-06-09	2012-08-07
	700SH VALERO ENERGY CORP	P	2008-07-29	2012-08-30
	700SH CNA FINANCIAL	P	2012-04-05	2012-08-31
	750SH TESORO	P	2012-04-05	2012-08-31
	1440SH SANMINA CORP	P	2010-11-02	2012-09-07
	1328SH AGEAN MARINE PETROLEUM	P	2010-11-15	2012-09-14
	730SH BROWN SHOE CO	P	2011-03-08	2011-10-06
	490SH CNA FINANCIAL CORP	P	2006-04-20	2011-10-06
	4950SH FURNITURE BRANDS INTL	P	2010-08-19	2011-11-16
	14680SH FURNITURE BRANDS INTL	P	2011-02-03	2011-11-30
	300SH STEWART INFORMATION SERVICES	P	2007-12-20	2011-12-13
	1030SH CHIQUITA BRANDS INTL	P	2010-04-27	2011-12-29
	280SH SUPERVALU	P	2009-08-03	2011-12-29
	1220SH AEGEAN MARINE PETROLEUM	P	2010-11-23	2011-12-29
	820SH GROUP 1 AUTOMOTIVE	P	2010-02-16	2012-01-12
	948SH STEWART INFORMATION SERVICES	P	2009-07-30	2012-02-23
	1260SH STEWART INFORMATION SERVICES	P	2009-10-29	2012-03-27
	12500SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	4560SH DEAN FOODS CO	P	2010-11-09	2012-05-14
	3870SH BROWN SHOE CO	P	2011-03-16	2012-05-24
	60SH FLEXSTEEL INDUSTRIES	P	2001-11-01	2012-06-18
	6500SH ARCH COAL	P	2012-03-28	2012-07-20
	4630SH RADIOSHACK	P	2011-12-20	2012-08-07
	350SH THE HANOVER INSURANCE GROUP	P	2012-04-05	2012-08-30
	1950SH CELESTICA INC	P	2012-04-05	2012-08-31
	200SH WHIRLPOOL	P	2011-08-04	2012-08-31
	2220SH SUPERVALU	P	2009-08-03	2012-09-07
	250SH SONIC AUTOMOTIVE INC	P	2012-04-05	2012-09-20
	950SH DOLE FOOD CO	P	2011-03-08	2011-10-06
	640SH SUPERVALU INC	P	2009-06-16	2011-10-14
	2440SH FURNITURE BRANDS INTL	P	2010-08-19	2011-11-17
	2034SH FURNITURE BRANDS INTL	P	2008-12-24	2011-11-30
	1000SH STEWART INFORMATION SERVICES	P	2009-01-29	2011-12-13
	960SH DEAN FOODS CO	P	2010-05-11	2011-12-29
	1260SH SUPERVALU	P	2009-06-16	2011-12-29
	600SH AEGEAN MARINE PETROLEUM	P	2010-11-19	2011-12-29
	640SH GROUP 1 AUTOMOTIVE	P	2008-07-15	2012-01-12
	572SH STEWART INFORMATION SERVICES	P	2009-07-20	2012-02-23
	1430SH STEWART INFORMATION SERVICES	P	2009-10-29	2012-03-28
	23300SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	8550SH DEAN FOODS CO	P	2010-11-10	2012-05-14
	30SH BROWN SHOE CO	P	2010-08-31	2012-05-24
	560SH FLEXSTEEL INDUSTRIES	P	2001-11-01	2012-06-19
	2230SH ARCH COAL	P	2012-04-05	2012-07-20
	3040SH RADIOSHACK	P	2012-04-05	2012-08-07
	700SH SONIC AUTOMOTIVE INC	P	2012-04-05	2012-08-30
	100SH CHIQUITA BRANDS INTL INC	P	2010-04-27	2012-08-31
	1450SH PHH CORP	P	2011-03-14	2012-09-04
	1600SH SUPERVALU	P	2008-11-05	2012-09-07
	30SH SONIC AUTOMOTIVE	P	2010-06-22	2012-09-20
	130SH DOLE FOOD CO	P	2010-11-26	2011-10-06
	2150SH SUPERVALU INC	P	2009-09-15	2011-10-14
	2800SH FURNITURE BRANDS INTL	P	2010-08-19	2011-11-18
	9266SH FURNITURE BRANDS INTL	P	2008-12-23	2011-11-30
	540SH STEWART INFORMATION SERVICES	P	2009-06-10	2011-12-13
	1270SH DOLE FOOD CO INC	P	2010-11-26	2011-12-29
	280SH ROYAL CARIBBEAN CRUISES	P	2011-09-13	2011-12-29
	550SH INGRAM MICRO	P	2011-02-23	2011-12-29
	1890SH GROUP 1 AUTOMOTIVE	P	2008-10-14	2012-01-12
	400SH STEWART INFORMATION SERVICES	P	2009-07-30	2012-02-27
	1110SH STEWART INFORMATION SERVICES	P	2010-07-16	2012-03-28
	22500SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	4900SH DEAN FOODS CO	P	2010-11-22	2012-05-14
	180SH FLEXSTEEL INDUSTRIES INC	P	2007-08-08	2012-05-24
	380SH FLEXSTEEL INDUSTRIES	P	2001-11-01	2012-06-20
	6850SH ARCH COAL	P	2012-04-20	2012-07-20
	8300SH AIR CANADA INC	P	2008-02-20	2012-08-14
	950SH POLYONE CORP	P	2012-04-05	2012-08-30
	800SH DOLE FOOD CO	P	2010-11-26	2012-08-31
	5SH AIR CANADA	P	2008-09-17	2012-09-04
	1030SH SUPERVALU	P	2010-05-06	2012-09-07
	2510SH AM CASTLE & CO	P	2009-08-17	2012-09-20
	470SH GAMESTOP CORP	P	2011-02-28	2011-10-06
	4970SH JONES GROUP INC	P	2011-03-01	2011-10-18
	2400SH FURNITURE BRANDS INTL	P	2010-08-19	2011-11-21
	50SH BROWN SHOE CO	P	2011-01-07	2011-12-01
	360SH AM CASTLE & CO	P	2009-08-17	2011-12-29
	490SH GAMESTOP CORP	P	2011-02-28	2011-12-29
	1040SH RADIOSHACK CORP	P	2011-03-11	2011-12-29
	250SH THE HANOVER INSURANCE GROUP	P	2011-07-07	2011-12-29
	1310SH GROUP 1 AUTOMOTIVE	P	2008-10-14	2012-01-13
	380SH STEWART INFORMATION SERVICES	P	2009-10-08	2012-02-27
	1990SH STEWART INFORMATION SERVICES	P	2010-07-15	2012-03-28
	1640SH JONES GROUP INC	P	2011-02-02	2012-04-20
	370SH DEAN FOODS CO	P	2010-11-19	2012-05-14
	80SH FLEXSTEEL INDUSTRIES INC	P	2007-08-08	2012-05-25
	10SH FLEXSTEEL INDUSTRIES	P	2010-01-08	2012-06-20
	380SH WHIRLPOOL CORP	P	2011-08-04	2012-07-26
	4200SH AIR CANADA	P	2008-02-20	2012-08-15
	3050SH OFFICE MAX INC	P	2011-04-28	2012-08-30
	1150SH DOLE FOOD CO	P	2012-04-05	2012-08-31
	345SH AIR CANADA	P	2008-09-15	2012-09-04
	2930SH CAL DIVE INTERNATIONAL	P	2012-04-05	2012-09-07
	270SH AM CASTLE & CO	P	2009-08-17	2012-09-21
	340SH GROUP 1 AUTOMOTIVE	P	2010-05-19	2011-10-06
	1380SH CHIQUITA BRANDS INTL INC	P	2010-04-27	2011-10-27
	840SH CANADIAN SOLAR INC	P	2011-04-25	2011-11-23
	1620SH BROWN SHOE CO	P	2011-01-10	2011-12-01
	580SH AEGEAN MARINE PETROLEUM INC	P	2010-11-26	2011-12-29
	3150SH OFFICEMAX INC	P	2008-08-26	2011-12-29
	160SH NAVISTAR INTL CORP	P	2009-09-18	2011-12-29
	670SH POLYONE CORP	P	2010-07-15	2011-12-29
	8020SH CHARMING SHOPPES	P	2009-03-06	2012-01-19
	1240SH SONIC AUTOMOTIVE INC	P	2010-06-22	2012-02-29
	760SH STEWART INFORMATION SERVICES	P	2010-07-14	2012-03-28
	2400SH JONES GROUP INC	P	2011-01-25	2012-04-20
	810SH FLEXSTEEL INDUSTRIES INC	P	2005-07-26	2012-05-14
	120SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-05-25
	390SH FLEXSTEEL INDUSTRIES	P	2010-01-08	2012-06-21
	370SH WHIRLPOOL CORP	P	2012-04-05	2012-07-26
	5450SH AIR CANADA	P	2008-02-27	2012-08-15
	450SH OFFICE MAX INC	P	2008-08-26	2012-08-30
	4400SH FERRO CORP	P	2012-04-05	2012-08-31
	500SH ARGO GROUP INTL HOLDINGS	P	2009-10-01	2012-09-04
	480SH CAL DIVE INTERNATIONAL	P	2012-05-21	2012-09-07
	2930SH SONIC AUTOMOTIVE	P	2010-06-22	2012-09-21
	610SH GOODYEAR TIRE & RUBBER CO	P	2009-10-28	2011-10-06
	250SH OVERSEAS SHIPHOLDING GROUP	P	2011-03-08	2011-11-02
	2920SH CANADIAN SOLAR INC	P	2011-04-27	2011-11-23
	2150SH BROWN SHOE CO	P	2011-01-10	2011-12-02
	220SH ALLIED WORLD ASSURANCE	P	2010-04-19	2011-12-29
	1770SH OFFICEMAX INC	P	2008-07-30	2011-12-29
	100SH NAVISTAR INTL CORP	P	2011-03-08	2011-12-29
	1080SH CHARMING SHOPPES INC	P	2008-11-03	2012-01-03
	35450SH CHARMING SHOPPES	P	2008-11-03	2012-01-19
	7750SH SONIC AUTOMOTIVE	P	2010-06-22	2012-03-01
	14220SH CHARMING SHOPPES	P	2009-03-05	2012-03-29
	750SH ALLIED WORLD ASSURANCE	P	2010-04-13	2012-04-26
	640SH FLEXSTEEL INDUSTRIES INC	P	2005-07-26	2012-05-15
	290SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-05-29
	530SH FLEXSTEEL INDUSTRIES	P	2010-01-08	2012-06-25
	2630SH UNISYS CORP	P	2012-01-23	2012-07-27
	1180SH AIR CANADA	P	2008-02-27	2012-08-17
	1550SH JONES GROUP INC	P	2011-02-02	2012-08-30
	770SH GOODYEAR TIRE & RUBBER	P	2009-12-29	2012-08-31
	90SH UNISYS CORP	P	2012-01-23	2012-09-04
	2390SH CAL DIVE INTERNATIONAL	P	2012-05-18	2012-09-07
	80SH SONIC AUTOMOTIVE	P	2010-06-22	2012-09-24
	370SH GOODYEAR TIRE & RUBBER CO	P	2009-10-29	2011-10-06
	1400SH OVERSEAS SHIPHOLDING GROUP	P	2009-04-14	2011-11-02
	1300SH CANADIAN SOLAR INC	P	2011-04-21	2011-11-23
	760SH BROWN SHOE CO	P	2010-09-30	2011-12-02
	340SH ARGO GROUP INTL HOLDINGS LTD	P	2009-10-01	2011-12-29
	660SH OFFICEMAX INC	P	2010-07-15	2011-12-29
	1750SH MARITOR INC	P	2011-08-19	2011-12-29
	10SH JONES GROUP INC	P	2011-03-01	2012-01-05
	490SH WHIRLPOOL CORP	P	2011-08-04	2012-02-08
	1420SH CHARMING SHOPPES	P	2009-03-06	2012-03-15
	1330SH STEWART INFORMATION SERVICES	P	2010-07-14	2012-03-29
	330SH ALLIED WORLD ASSURANCE	P	2012-04-05	2012-04-26
	120SH FLEXSTEEL INDUSTRIES INC	P	2005-05-02	2012-05-15
	100SH ALLIED WORLD ASSURANCE	P	2010-04-12	2012-05-31
	380SH FLEXSTEEL INDUSTRIES	P	2010-01-08	2012-06-26
	4080SH RADIOSHACK CORP	P	2011-03-11	2012-08-01
	780SH AIR CANADA	P	2008-02-27	2012-08-20
	1100SH BROWN SHOE	P	2011-06-09	2012-08-30
	830SH GOODYEAR TIRE & RUBBER	P	2010-02-23	2012-08-31
	960SH UNISYS CORP	P	2012-02-17	2012-09-04
	810SH AEGEAN MARINE PETROLEUM	P	2010-11-23	2012-09-13
	660SH SONIC AUTOMOTIVE	P	2010-06-22	2012-09-25
	750SH JONES GROUP INC	P	2011-01-27	2011-10-06
	1000SH OVERSEAS SHIPHOLDING GROUP IN	P	2009-04-20	2011-11-02
	4200SH CANADIAN SOLAR INC	P	2011-04-28	2011-11-23
	1410SH BROWN SHOE CO	P	2010-09-27	2011-12-02
	980SH BROWN SHOE CO	P	2010-09-28	2011-12-29
	190SH WHIRLPOOL CORP	P	2011-08-04	2011-12-29
	980SH JONES GROUP INC	P	2011-03-01	2011-12-29
	700SH ALLIED WORLD ASSURANCE LTD	P	2010-04-19	2012-01-05
	140SH STEWART INFORMATION SERVICES	P	2009-06-10	2012-02-09
	6770SH CHARMING SHOPPES	P	2009-03-05	2012-03-15
	7950SH CHARMING SHOPPES	P	2009-03-05	2012-03-30
	1890SH DEAN FOODS CO	P	2012-04-05	2012-05-09
	480SH FLEXSTEEL INDUSTRIES INC	P	2005-05-02	2012-05-16
	1000SH ALLIED WORLD ASSURANCE	P	2010-04-13	2012-05-31
	70SH BROWN SHOE CO	P	2010-08-31	2012-07-10
	1290SH RADIOSHACK	P	2011-03-14	2012-08-01
	90SH AIR CANADA	P	2008-02-27	2012-08-21
	1000SH GAMESTOP CORP	P	2012-04-05	2012-08-30
	3620SH MERITOR INC	P	2012-04-05	2012-08-31
	1750SH CHIQUITA BRANDS INTL INC	P	2010-04-27	2012-09-05
	1312SH AEGEAN MARINE PETROLEUM INC	P	2010-11-15	2012-09-13
	400SH SONIC AUTOMOTIVE	P	2010-06-22	2012-09-26
	540SH JONES GROUP INC	P	2011-03-01	2011-10-06
	450SH OVERSEAS SHIPHOLDING GROUP INC	P	2009-04-03	2011-11-02
	760SH CANADIAN SOLAR INC	P	2011-04-20	2011-11-23
	120SH BROWN SHOE CO	P	2010-09-28	2011-12-02
	340SH BROWN SHOE CO	P	2011-03-16	2011-12-29
	320SH VALERO ENERGY CORP	P	2008-07-29	2011-12-29
	170SH HAWAIIAN HOLDINGS INC	P	2011-06-06	2011-12-29
	320SH ALLIED WORLD ASSURANCE	P	2010-04-14	2012-01-05
	520SH STEWART INFORMATION SERVICES	P	2009-06-10	2012-02-13
	440SH STEWART INFORMATION SERVICES	P	2009-10-08	2012-03-16
	6360SH CHARMING SHOPPES	P	2009-03-05	2012-04-02
	1830SH DEAN FOODS CO	P	2010-05-11	2012-05-09
	170SH FLEXSTEEL INDUSTRIES INC	P	2007-08-08	2012-05-16
	130SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-06-01
	4150SH BROWN SHOE CO	P	2010-08-31	2012-07-12
	710SH RADIOSHACK	P	2011-03-14	2012-08-06
	1890SH AIR CANADA	P	2008-09-08	2012-08-21
	460SH INGRAM MICRO INC	P	2012-04-05	2012-08-30
	280SH MERITOR INC	P	2011-08-19	2012-08-31
	450SH GENERAL CABLE	P	2012-04-05	2012-09-05
	2440SH CANADIAN SOLAR INC	P	2011-04-20	2012-09-13
	2920SH SONIC AUTOMOTIVE	P	2012-09-27	2010-06-22
	750SH PHH CORP	P	2011-03-14	2011-10-06
	1350SH OVERSEAS SHIPHOLDING GROUP IN	P	2009-04-03	2011-11-10
	4580SH CANADIAN SOLAR INC	P	2011-04-20	2011-11-28
	900SH STEWART INFORMATION SERVICES	P	2006-07-12	2011-12-09
	10SH CNA FINANCIAL CORP	P	2006-04-20	2011-12-29
	100SH VALERO ENERGY CORP	P	2005-07-27	2011-12-29
	950SH HAWAIIAN HOLDINGS INC	P	2011-06-09	2011-12-29
	50SH ALLIED WORLD ASSURANCE	P	2010-04-13	2012-01-05
	460SH STEWART INFORMATION SERVICES	P	2009-06-10	2012-02-14
	220SH STEWART INFORMATION SERVICES	P	2009-10-08	2012-03-19
	378SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	3470SH DEAN FOODS CO	P	2010-11-09	2012-05-09
	190SH FLEXSTEEL INDUSTRIES INC	P	2007-08-08	2012-05-17
	490SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-06-05
	160SH BROWN SHOE CO	P	2010-08-31	2012-07-13
	1260SH RADIOSHACK	P	2011-03-08	2012-08-06
	4290SH AIR CANADA	P	2008-09-08	2012-08-23
	540SH INGRAM MICRO INC	P	2011-02-23	2012-08-30
	500SH NAVISTAR INTL	P	2009-09-18	2012-08-31
	2770SH AIR CANADA	P	2008-09-15	2012-09-06
	210SH CANADIAN SOLAR	P	2011-05-04	1931-09-12
	25SH SONIC AUTOMOTIVE	P	2010-07-08	2012-09-27
	880SH RADIOSHACK CORP	P	2011-03-11	2011-10-06
	900SH OVERSEAS SHIPHOLDING GROUP INC	P	2009-04-08	2011-11-10
	12870SH FURNITURE BRANDS INTL	P	2010-08-19	2011-11-28
	990SH STEWART INFORMATION SERVICES	P	2006-09-06	2011-12-09
	480SH CNA FINANCIAL CORP	P	2011-03-08	2011-12-29
	520SH TESORO CORP	P	2010-05-07	2011-12-29
	270SH GROUP 1 AUTOMOTIVE INC	P	2009-10-30	2011-12-29
	3270SH JONES GROUP INC	P	2011-01-28	2012-01-05
	240SH STEWART INFORMATION SERVICES	P	2009-09-16	2012-02-14
	590SH STEWART INFORMATION SERVICES	P	2009-10-08	2012-03-20
	6935SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	100SH FLEXSTEEL INDUSTRIES INC	P	2004-12-03	2012-05-10
	80SH FLEXSTEEL INDUSTRIES INC	P	2007-08-08	2012-05-18
	490SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-06-07
	3290SH BROWN SHOE CO	P	2011-06-09	2012-07-13
	2870SH RADIOSHACK	P	2011-03-03	2012-08-06
	1820SH AIR CANADA	P	2008-09-08	2012-08-24
	150SH ALLIED WORLD ASSURANCE	P	2010-04-12	2012-08-30
	750SH PATTERSON-UTI ENERGY	P	2012-05-30	2012-08-31
	1388SH AIR CANADA	P	2008-09-24	2012-09-06
	1450SH STAR BULK CARRIERS CORP	P	2009-09-14	2012-09-13
	60SH SONIC AUTOMOTIVE	P	2009-07-08	2012-09-28
	300SH TESORO CORP	P	2011-03-08	2011-10-06
	700SH FURNITURE BRANDS INTL	P	2008-02-06	2011-11-14
	1600SH INGRAM MICRO INC	P	2011-02-24	2011-11-29
	910SH STEWART INFORMATION SERVICES	P	2006-09-06	2011-12-12
	1810SH CANADIAN SOLAR INC	P	2011-04-20	2011-12-29
	840SH STEWART INFORMATION SERVICES	P	2009-06-10	2011-12-29
	60SH GROUP 1 AUTOMOTIVE	P	2010-05-19	2011-12-29
	280SH JONES GROUP INC	P	2011-01-25	2012-01-05
	320SH STEWART INFORMATION SERVICES	P	2009-09-16	2012-02-15
	10260SH CHARMING SHOPPES INC	P	2009-03-06	2012-03-21
	2177SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	390SH FLEXSTEEL INDUSTRIES INC	P	2011-03-08	2012-05-10
	190SH FLEXSTEEL INDUSTRIES INC	P	2007-08-08	2012-05-21
	390SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-06-08
	4040SH ARCH COAL INC	P	2012-02-10	2012-07-20
	830SH RADIOSHACK	P	2011-03-03	2012-08-07
	840SH AIR CANADA	P	2008-09-22	2012-08-24
	52SH AIR CANADA INC	P	2008-09-18	2012-08-31
	700SH PEYBODY ENERGY	P	2012-07-20	2012-08-31
	1762SH AIR CANADA	P	2008-09-23	2012-09-06
	2550SH VIRCO MFG CORP	P	2003-11-03	2012-09-14
	210SH TESORO CORP	P	2010-05-07	2011-10-06
	1740SH FURNITURE BRANDS INTL	P	2008-01-23	2011-11-14
	690SH INGRAM MICRO INC	P	2011-02-23	2011-11-29
	550SH STEWART INFORMATION SERVICES	P	2007-12-24	2011-12-12
	1100SH CELESTICA INC	P	2011-08-04	2011-12-29
	860SH SONIC AUTOMOTIVE INC	P	2010-06-22	2011-12-29
	930SH GOODYEAR TIRE & RUBBER CO	P	2009-10-29	2011-12-29
	170SH GROUP 1 AUTOMOTIVE	P	2009-10-30	2012-01-06
	830SH STEWART INFORMATION SERVICES	P	2009-09-16	2012-02-16
	2360SH STEWART INFORMATION SERVICES	P	2009-10-08	2012-03-23
	19220SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	367SH FLEXSTEEL INDUSTRIES INC	P	2005-07-25	2012-05-10
	1790SH BROWN SHOE CO	P	2011-03-16	2012-05-22
	100SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-06-14
	10190SH ARCH COAL	P	2012-01-26	2012-07-20
	3340SH RADIOSHACK	P	2011-03-16	2012-08-07
	431SH AIR CANADA INC	P	2008-09-18	2012-08-30
	2088SH AIR CANADA	P	2008-09-17	2012-08-31
	450SH ROYAL CARIBBEAN CRUISES	P	2012-04-05	2012-08-31
	1800SH GENCO SHIPPING & TRADING	P	2011-01-26	2012-09-06
	170SH AM CASTLE & CO	P	2012-04-05	2012-09-14
	700SH INGRAM MICRO INC	P	2011-02-24	2011-10-06
	3560SH FURNITURE BRANDS INTL	P	2008-01-22	2011-11-14
	2250SH FURNITURE BRANDS INTL	P	2010-08-19	2011-11-30
	50SH STEWART INFORMATION SERVICES	P	2007-12-24	2011-12-13
	3350SH CHARMING SHOPPES INC	P	2010-07-15	2011-12-29
	330SH SANMINA CORP	P	2010-11-03	2011-12-29
	320SH GENERAL CABLE CO	P	2010-08-19	2011-12-29
	1390SH GROUP 1 AUTOMOTIVE	P	2010-02-16	2012-01-06
	1610SH STEWART INFORMATION SERVICES	P	2009-09-16	2012-02-22
	470SH STEWART INFORMATION SERVICES	P	2009-10-29	2012-03-23
	29400SH CHARMING SHOPPES	D	2012-03-30	2012-04-03
	1093SH FLEXSTEEL INDUSTRIES INC	P	2005-07-26	2012-05-10
	610SH FLEXSTEEL INDUSTRIES INC	P	2007-08-08	2012-05-22
	210SH FLEXSTEEL INDUSTRIES INC	P	2001-02-06	2012-06-15
	4050SH ARCH COAL	P	2012-03-05	2012-07-20
	910SH RADIOSHACK	P	2011-03-15	2012-08-07
	119SH AIR CANADA INC	P	2008-09-22	2012-08-30
	550SH AM CASTLE & CO	P	2012-04-05	2012-08-31
	750SH STEEL DYNAMICS	P	2012-05-30	2012-08-31
	410SH SANMINA CORP	P	2010-11-03	2012-09-07
	290SH AM CASTLE & CO	P	2009-08-17	2012-09-14

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	4,919	8,517	-3,598
b	10,319	10,873	-554
c	345	1,424	-1,079
d	1,876	8,150	-6,274
e	9,828	23,645	-13,817
	1,984	515	1,469
	8,625	13,807	-5,182
	7,820	15,104	-7,284
	63,757	32,195	31,562
	9,437	9,583	-146
	7,995	5,436	2,559
	78,172	6,902	71,270
	1,933	1,350	583
	8,604	7,942	662
	7,598	4,336	3,262
	26,147	51,153	-25,006
	12,291	55,597	-43,306
	21,511	22,544	-1,033
	18,340	20,567	-2,227
	29,737	19,640	10,097
	12,931	17,186	-4,255
	9,375	12,608	-3,233
	5,524	10,622	-5,098
	11,320	15,446	-4,126
	5,609	24,305	-18,696
	14,266	58,581	-44,315
	3,276	7,630	-4,354
	8,679	16,278	-7,599
	2,218	4,190	-1,972
	4,880	11,876	-6,996
	42,430	21,078	21,352
	13,151	13,317	-166
	17,367	11,809	5,558
	75,166	6,637	68,529
	66,202	39,755	26,447
	46,325	42,686	3,639
	1,200	620	580
	39,802	69,648	-29,846
	13,297	43,671	-30,374
	12,425	14,255	-1,830
	15,171	18,482	-3,311
	14,954	13,067	1,887
	5,261	33,223	-27,962
	4,782	4,757	25
	9,071	13,409	-4,338
	5,191	10,149	-4,958
	2,683	11,980	-9,297
	1,977	4,518	-2,541
	10,920	15,563	-4,643
	10,639	9,439	1,200
	9,981	19,981	-10,000
	2,400	5,843	-3,443
	33,116	9,611	23,505
	7,935	8,061	-126
	19,712	13,403	6,309
	140,109	12,005	128,104
	124,130	66,656	57,474
	359	319	40
	11,192	5,785	5,407
	13,655	23,527	-9,872
	8,730	19,178	-10,448
	12,516	13,320	-804
	606	1,580	-974
	25,693	31,600	-5,907
	3,792	23,526	-19,734
	574	262	312
	1,241	1,294	-53
	17,440	34,120	-16,680
	3,055	13,748	-10,693
	9,005	20,539	-11,534
	5,897	8,002	-2,105
	10,509	12,637	-2,128
	7,043	6,725	318
	10,081	10,762	-681
	97,795	21,879	75,916
	5,549	5,619	-70
	15,301	9,683	5,618
	135,298	11,593	123,705
	71,139	37,444	33,695
	3,622	2,463	1,159
	7,592	3,925	3,667
	41,945	66,295	-24,350
	8,863	81,149	-72,286
	14,782	13,691	1,091
	10,224	7,960	2,264
	5	21	-16
	2,441	14,355	-11,914
	32,571	26,629	5,942
	11,201	9,349	1,852
	53,240	64,863	-11,623
	2,453	11,784	-9,331
	426	655	-229
	3,410	3,819	-409
	11,839	9,747	2,092
	9,902	15,211	-5,309
	8,741	9,373	-632
	68,101	15,165	52,936
	5,271	3,967	1,304
	27,431	17,190	10,241
	21,291	20,564	727
	5,372	2,786	2,586
	1,611	1,095	516
	200	95	105
	24,946	24,827	119
	4,502	41,063	-36,561
	17,568	32,045	-14,477
	14,697	11,404	3,293
	366	1,412	-1,046
	4,952	9,933	-4,981
	3,528	2,865	663
	13,004	9,142	3,862
	12,883	21,809	-8,926
	2,036	8,534	-6,498
	13,814	21,172	-7,358
	2,320	5,649	-3,329
	13,522	36,871	-23,349
	5,882	6,471	-589
	7,685	5,936	1,749
	39,859	4,255	35,604
	21,875	10,829	11,046
	10,476	6,535	3,941
	31,157	30,350	807
	16,764	12,152	4,612
	2,416	1,369	1,047
	7,792	3,686	4,106
	24,290	27,835	-3,545
	5,842	50,718	-44,876
	2,592	5,267	-2,675
	14,212	24,937	-10,725
	14,990	16,890	-1,900
	811	1,342	-531
	56,622	25,589	31,033
	6,491	7,948	-1,457
	3,193	8,177	-4,984
	7,076	29,667	-22,591
	18,565	28,099	-9,534
	13,810	9,953	3,857
	7,598	20,749	-13,151
	3,676	6,128	-2,452
	5,326	1,357	3,969
	176,183	44,536	131,647
	137,695	67,683	70,012
	84,638	7,324	77,314
	53,208	33,651	19,557
	13,243	9,602	3,641
	5,828	3,309	2,519
	10,591	5,009	5,582
	50,878	52,691	-1,813
	1,258	10,981	-9,723
	19,204	19,436	-232
	9,132	10,018	-886
	1,908	1,803	105
	4,039	6,670	-2,631
	1,541	699	842
	3,937	4,814	-877
	17,878	36,052	-18,174
	3,150	13,168	-10,018
	6,563	8,822	-2,259
	9,826	11,485	-1,659
	2,833	8,719	-5,886
	9,293	13,110	-3,817
	97	131	-34
	34,450	32,014	2,436
	8,350	753	7,597
	18,331	11,435	6,896
	23,412	23,170	242
	2,483	1,794	689
	7,586	4,477	3,109
	7,558	3,591	3,967
	12,066	59,674	-47,608
	832	7,259	-6,427
	16,280	10,232	6,048
	9,844	10,761	-917
	20,352	19,157	1,195
	5,702	7,885	-2,183
	12,668	5,764	6,904
	6,818	10,026	-3,208
	12,770	25,719	-12,949
	10,178	42,471	-32,293
	12,175	16,361	-4,186
	8,659	11,333	-2,674
	8,854	12,413	-3,559
	10,349	12,790	-2,441
	43,890	31,670	12,220
	1,917	2,075	-158
	39,811	3,487	36,324
	47,181	4,095	43,086
	26,586	22,889	3,697
	9,918	7,177	2,741
	75,862	44,868	30,994
	941	744	197
	3,815	18,834	-15,019
	96	838	-742
	19,140	22,078	-2,938
	16,181	28,230	-12,049
	10,605	27,656	-17,051
	9,236	12,456	-3,220
	7,654	3,493	4,161
	4,909	7,047	-2,138
	5,747	11,419	-5,672
	1,842	7,622	-5,780
	1,036	1,388	-352
	3,004	3,750	-746
	6,592	10,306	-3,714
	1,000	945	55
	20,064	14,443	5,621
	7,148	7,705	-557
	6,102	4,594	1,508
	37,852	3,276	34,576
	25,742	17,994	7,748
	3,513	2,326	1,187
	2,598	1,483	1,115
	55,268	44,085	11,183
	2,052	10,366	-8,314
	2,013	8,095	-6,082
	6,964	8,518	-1,554
	1,252	2,098	-846
	12,492	12,751	-259
	7,198	24,470	-17,272
	55,965	25,501	30,464
	11,812	16,345	-4,533
	18,886	34,256	-15,370
	10,863	45,931	-35,068
	9,776	32,293	-22,517
	267	315	-48
	2,060	4,088	-2,028
	5,587	5,291	296
	3,135	2,243	892
	6,338	6,816	-478
	3,049	2,297	752
	2,273	491	1,782
	48,812	30,253	18,559
	3,894	2,600	1,294
	9,820	5,591	4,229
	2,138	1,700	438
	3,642	18,333	-14,691
	4,551	18,374	-13,823
	8,175	10,566	-2,391
	11,530	20,222	-8,692
	2,968	11,337	-8,369
	619	2,059	-1,440
	479	216	263
	10,983	12,871	-1,888
	12,590	22,137	-9,547
	13,527	63,192	-49,665
	10,754	33,723	-22,969
	12,835	13,917	-1,082
	11,966	6,467	5,499
	13,917	6,954	6,963
	31,725	42,266	-10,541
	3,307	3,385	-78
	8,118	6,159	1,959
	41,702	9,013	32,689
	2,175	1,746	429
	1,638	1,095	543
	9,797	5,591	4,206
	43,970	30,604	13,366
	8,295	41,403	-33,108
	1,935	7,795	-5,860
	11,764	6,716	5,048
	11,362	11,682	-320
	1,487	5,680	-4,193
	754	5,365	-4,611
	1,147	518	629
	6,852	7,118	-266
	833	6,777	-5,944
	28,114	31,459	-3,345
	9,897	30,998	-21,101
	4,727	18,152	-13,425
	9,994	12,447	-2,453
	3,093	1,613	1,480
	2,716	3,541	-825
	4,394	4,513	-119
	60,699	5,444	55,255
	13,091	2,826	10,265
	8,484	5,941	2,543
	3,798	2,600	1,198
	7,797	4,450	3,347
	24,738	60,618	-35,880
	2,384	11,974	-9,590
	893	3,586	-2,693
	55	221	-166
	15,540	16,043	-503
	1,888	7,074	-5,186
	7,575	18,386	-10,811
	4,797	2,612	2,185
	2,070	14,992	-12,922
	12,124	13,501	-1,377
	5,982	14,767	-8,785
	8,023	9,112	-1,089
	12,738	7,511	5,227
	13,057	12,099	958
	8,590	4,379	4,211
	11,421	11,707	-286
	32,478	24,638	7,840
	115,575	24,146	91,429
	7,983	5,512	2,471
	21,420	19,744	1,676
	1,999	1,141	858
	62,397	148,549	-86,152
	9,592	47,607	-38,015
	451	1,833	-1,382
	2,202	8,642	-6,440
	12,213	12,603	-390
	5,526	21,926	-16,400
	2,247	2,206	41
	12,532	13,763	-1,231
	4,236	28,763	-24,527
	2,187	11,048	-8,861
	546	1,342	-796
	16,214	13,865	2,349
	3,094	3,948	-854
	8,125	7,622	503
	70,233	35,731	34,502
	22,343	22,708	-365
	6,468	4,405	2,063
	176,790	36,935	139,855
	23,776	16,398	7,378
	12,192	8,348	3,844
	4,196	2,396	1,800
	24,800	50,256	-25,456
	2,613	12,952	-10,339
	125	508	-383
	6,732	7,137	-405
	9,135	7,934	1,201
	3,682	4,905	-1,223
	3,834	3,077	757

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			-3,598
b			-554
c			-1,079
d			-6,274
e			-13,817
			1,469
			-5,182
			-7,284
			31,562
			-146
			2,559
			71,270
			583
			662
			3,262
			-25,006
			-43,306
			-1,033
			-2,227
			10,097
			-4,255
			-3,233
			-5,098
			-4,126
			-18,696
			-44,315
			-4,354
			-7,599
			-1,972
			-6,996
			21,352
			-166
			5,558
			68,529
			26,447
			3,639
			580
			-29,846
			-30,374
			-1,830
			-3,311
			1,887
			-27,962
			25
			-4,338
			-4,958
			-9,297
			-2,541
			-4,643
			1,200
			-10,000
			-3,443
			23,505
			-126
			6,309
			128,104
			57,474
			40
			5,407
			-9,872
			-10,448
			-804
			-974
			-5,907
			-19,734
			312
			-53
			-16,680
			-10,693
			-11,534
			-2,105
			-2,128
			318
			-681
			75,916
			-70
			5,618
			123,705
			33,695
			1,159
			3,667
			-24,350
			-72,286
			1,091
			2,264
			-16
			-11,914
			5,942
			1,852
			-11,623
			-9,331
			-229
			-409
			2,092
			-5,309
			-632
			52,936
			1,304
			10,241
			727
			2,586
			516
			105
			119
			-36,561
			-14,477
			3,293
			-1,046
			-4,981
			663
			3,862
			-8,926
			-6,498
			-7,358
			-3,329
			-23,349
			-589
			1,749
			35,604
			11,046
			3,941
			807
			4,612
			1,047
			4,106
			-3,545
			-44,876
			-2,675
			-10,725
			-1,900
			-531
			31,033
			-1,457
			-4,984
			-22,591
			-9,534
			3,857
			-13,151
			-2,452
			3,969
			131,647
			70,012
			77,314
			19,557
			3,641
			2,519
			5,582
			-1,813
			-9,723
			-232
			-886
			105
			-2,631
			842
			-877
			-18,174
			-10,018
			-2,259
			-1,659
			-5,886
			-3,817
			-34
			2,436
			7,597
			6,896
			242
			689
			3,109
			3,967
			-47,608
			-6,427
			6,048
			-917
			1,195
			-2,183
			6,904
			-3,208
			-12,949
			-32,293
			-4,186
			-2,674
			-3,559
			-2,441
			12,220
			-158
			36,324
			43,086
			3,697
			2,741
			30,994
			197
			-15,019
			-742
			-2,938
			-12,049
			-17,051
			-3,220
			4,161
			-2,138
			-5,672
			-5,780
			-352
			-746
			-3,714
			55
			5,621
			-557
			1,508
			34,576
			7,748
			1,187
			1,115
			11,183
			-8,314
			-6,082
			-1,554
			-846
			-259
			-17,272
			30,464
			-4,533
			-15,370
			-35,068
			-22,517
			-48
			-2,028
			296
			892
			-478
			752
			1,782
			18,559
			1,294
			4,229
			438
			-14,691
			-13,823
			-2,391
			-8,692
			-8,369
			-1,440
			263
			-1,888
			-9,547
			-49,665
			-22,969
			-1,082
			5,499
			6,963
			-10,541
			-78
			1,959
			32,689
			429
			543
			4,206
			13,366
			-33,108
			-5,860
			5,048
			-320
			-4,193
			-4,611
			629
			-266
			-5,944
			-3,345
			-21,101
			-13,425
			-2,453
			1,480
			-825
			-119
			55,255
			10,265
			2,543
			1,198
			3,347
			-35,880
			-9,590
			-2,693
			-166
			-503
			-5,186
			-10,811
			2,185
			-12,922
			-1,377
			-8,785
			-1,089
			5,227
			958
			4,211
			-286
			7,840
			91,429
			2,471
			1,676
			858
			-86,152
			-38,015
			-1,382
			-6,440
			-390
			-16,400
			41
			-1,231
			-24,527
			-8,861
			-796
			2,349
			-854
			503
			34,502
			-365
			2,063
			139,855
			7,378
			3,844
			1,800
			-25,456
			-10,339
			-383
			-405
			1,201
			-1,223
			757

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	260,882
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .		3	109,316

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2010	428,430	11,190,746	0.038284
2009	291,952	8,936,447	0.032670
2008	481,094	5,850,822	0.082227
2007	544,077	9,668,150	0.056275
2006	409,881	11,346,389	0.036124

2	Total of line 1, column (d) ......................	2	0.245580
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	0.049116
4	Enter the net value of noncharitable-use assets for 2011 from Part X, line 5.....	4	9,863,387
5	Multiply line 4 by line 3.......................	5	484,450
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	3,858
7	Add lines 5 and 6.........................	7	488,308
8	Enter qualifying distributions from Part XII, line 4..............	8	520,849
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions on page 18.

Form 990-PF (2011)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	3,858
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	3,858
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	3,858
6	Credits/Payments:

a	2011 estimated tax payments and 2010 overpayment credited to 2011	6a	38,800
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	38,800
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	34,942
11	Enter the amount of line 10 to be: Credited to 2012 estimated tax34,942	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.

Yes

Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) bullet

If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on

page 27)? If “Yes,” complete Part XIV..........................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......

Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

J ELLWOOD TOWLE Telephone no. bullet

(314) 822-0204

Located at bullet

1610 DES PERES RD STE 250ST LOUISMO ZIP+4 bullet

63131

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over

a bank, securities, or other financial account in a foreign country? .................

See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet

Form 990-PF (2011)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check “No”

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2011?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2011, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2011?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business

enterprise at any time during the year?.....................YesNo

If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2011.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contract?....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2011)

Page 6

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
J ELLWOOD TOWLE	PRESIDENT 2.00	0	0	0
1610 DES PERES RD STE 250 ST LOUIS,MO63131	PRESIDENT 2.00	0	0	0
CHRISTOPHER D TOWLE	SECY-TREAS 1.00	0	0	0
1610 DES PERES RD STE 250 ST LOUIS,MO63131	SECY-TREAS 1.00	0	0	0

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









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

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

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

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1


2


3


4

Form 990-PF (2011)

Page 7

Part IX-B

Summary of Program-Related Investments (see page 23 of the instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1	N/A
2


All other program-related investments. See page 24 of the instructions.
3

Total. Add lines 1 through 3.......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see page 24 of the instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

9,931,107

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

82,484

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

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

10,013,591

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

10,013,591

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

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

150,204

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

9,863,387

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

493,169

Part XI

Distributable Amount (see page 25 of the instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

493,169

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

3,858

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

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

3,858

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

489,311

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

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

489,311

Deduction from distributable amount (see page 25 of the instructions)...........

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

489,311

Part XII

Qualifying Distributions (see page 25 of the instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

520,849

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

520,849

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............

3,858

Adjusted qualifying distributions. Subtract line 5 from line 4..............

516,991

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2011)

Page 8

Part XIII

Undistributed Income (see page 26 of the instructions)

	(c) 2010	(d) 2011
1 Distributable amount for 2011 from Part XI, line 7		489,311
2 Undistributed income, if any, as of the end of 2011:
a Enter amount for 2010 only.......	520,849
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2011:
a From 2006.......
b From 2007.......
c From 2008.......
d From 2009.......
e From 2010.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2011 from Part
XII, line 4: $ 520,849
a Applied to 2010, but not more than line 2a	520,849
b Applied to undistributed income of prior years (Election required—see page 26 of the instructions)
c Treated as distributions out of corpus (Election required—see page 26 of the instructions)...
d Applied to 2011 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2011.
(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 page 27 of the instructions ...
e Undistributed income for 2010. Subtract line 4a from line 2a. Taxable amount—see page 27 of the instructions ...........
f Undistributed income for 2011. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2011 ..........		489,311
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see page 27 of the instructions) ...........
8Excess distributions carryover from 2006 not applied on line 5 or line 7 (see page 27 of the instructions) .............
9Excess distributions carryover to 2012. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2007....
b Excess from 2008....
c Excess from 2009....
d Excess from 2010....
e Excess from 2011....

Form 990-PF (2011)

Page 9

Part XIV

Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2011, enter the date of the ruling....... bullet

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2011	(b) 2010	(c) 2009	(d) 2008	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ....
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets” alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment” alternative test— enter 2⁄3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support” alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see page 27 of the instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

J ELLWOOD TOWLE

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see page 28 of the instructions) to individuals or organizations
under other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2011)

Page 10

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
WASHINGTON UNIVERSITY 1 BROOKLINGS DRIVE ST LOUIS,MO63130		501(C)(3)	TOWLE SCHOLORSHIP FUND	35,000
THE PRINCIPIA 13201 CLAYTON RD ST LOUIS,MO63131		501(C)(3)	CRAFTON CTR; EULA TOWLE FD;MOREY FD	95,000
LEELANAUKOHAHNA FD 1653 PORT ONEIDA RD MAPLE CITY,MI49664		501(C)(3)	ENDOWMENT FUND	65,000
ADVENTURE UNLIMITED 5201 S QUEBEC ST ENGLEWOOD,CO80111		501(C)(3)	ENDOWMENT FUND	65,000
CEDARS CAMP 1314 PARKVIEW VALLEY DRIV MANCHESTER,MO63011		501(C)(3)	ENDOWMENT FUND	65,000
CAMPS NEWFOUNDOWATONNA 4 CAMP NEWFOUND RD HARRISON,ME04040		501(C)(3)	ENDOWMENT FUND	65,000
PEACE HAVEN ASSOCIATION 12630 ROTT RD ST LOUIS,MO63127		501(C)(3)	ENDOWMENT FUND	35,000
CITY ACADEMY 4175 N KINGSHIGHWAY ST LOUIS,MO63115		501(C)(3)	ENDOWMENT FUND	25,000
LONGYEAR MUSEUM 1125 BOYLSTON STREET CHESTNUT HILL,MA02467		501(C)(3)	ENDOWMENT FUND	10,849
ELLWOOD HOUSE ENDOWMENT 609 1ST ST DEKALB,IL60015		501(C)(3)	ELLWOOD-NEHRING HOUSE	50,000
CRYSTAL LAKE CAMPS 1676 CRYSTAL LAKE RD HUGHESVILLE,PA17737		501(C)(3)	ENDOWMENT FUND	10,000
Total ................................. 3a				520,849

bApproved for future payment

Total ................................. 3b

Form 990-PF (2011)

Page 11

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	20
4 Dividends and interest from securities....			14	124,892
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6Net rental income or (loss) from personal property
7 Other investment income.....
8Gain or (loss) from sales of assets other than inventory			18	260,882
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)..				385,794

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

13385,794

(See worksheet in line 13 instructions on page 28 to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See page 28 of the instructions.)

Form 990-PF (2011)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If “Yes,” complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.

	Signature of officer or trustee	Date	Title

Preparer's Signature	Date	Check if self- employed	PTIN
Firm's name Firm's address		Firm's EIN
		Phone no.

Form 990-PF (2011)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of organization TOWLE FAMILY FOUNDATION
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part I	Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	J ELLWOOD TOWLE 1100 DRY RIDGE RD ST LOUIS, MO 63131	$120,000	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	J ELLWOOD TOWLE 1100 DRY RIDGE RD ST LOUIS, MO 63131	$67,496	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
3	ROBIN D TOWLE 1100 DRY RIDGE RD ST LOUIS, MO 63131	$43,053	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Name of organization TOWLE FAMILY FOUNDATION
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
Part II	Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
2	73890SH CHARMING SHOPPES INC	$442,601	2012-03-31
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
3	55520 CHARMING SHOPPES INC	$332,565	2012-03-30
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions).	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

Name of Stock	End of Year Book Value	End of Year Fair Market Value
28860SH GOODYEAR TIRE & RUBBER CO.	312,631	351,803
8140SH GROUP 1 AUTOMOTIVE INC.
65510SH MERITOR INC.	402,715	277,762
11120SH NAVISTAR INT'L CORP.	292,468	234,521
4785SH SONIC AUTOMOTIVE INC.	41,333	90,819
19240SH BROWN SHOE CO.	109,042	308,417
95290SH CHARMING SHOPPES INC.
31713SH CHIQUITA BRANDS INT'L INC.	361,170	242,287
24640SH DEAN FOODS INC.
33780SH DOLE FOOD COMPANY INC.	316,023	473,933
10500SH FLEXSTEEL INDUSTRIES INC.
61910SH FURNITURE BRANDS INT'L INC.
17010SH GAMESTOP CORP.	329,232	357,210
26810SH JONES GROUP INC.	286,045	345,045
60820SH OFFICEMAX INC.	355,942	475,004
214910SH RADIOSHACK CORP.
7690SH ROYAL CARRIBBEAN CRUISES LTD.	183,614	232,315
81260SH SUPERVALU INC.	514,220	195,837
3750SH WHIRLPOOL CORP.	224,218	310,913
100930SH CAL DIVE INTERNATIONAL, INC	238,840	154,423
45920SH CANADIAN SOLAR INC.	223,681	128,117
12940SH PATTERSON-UTI ENERGY, INC.	194,357	204,711
11940SH PEYBODY ENERGY CORPORATION	264,723	266,143
12950SH TESORO CORP.	120,001	542,605
12340SH VALERO ENERGY CORP.	269,635	390,931
2420SH ALLIED WORLD ASSURANCE LTD.	106,610	186,945
27520SH AMERISERV FINANCIAL INC.	109,348	81,734
8850SH ARGO GROUP INT'L HOLDINGS LTD	273,214	286,652
12440SH CAN FINANCIAL CORP.	292,640	333,392
25290SH PHH CORP.	417,072	514,652
26620SH STEWART INFORMATION SERVICES
6120SH THE HANOVER INSURANCE GROUP I	228,826	228,031
6122SH AM CASTLE & CO.	63,337	76,464
32240SH CELESTICA INC.	222,787	230,194
75530SH FERRO CORP.	340,478	252,208
8190SH GENERAL CABLE CORP.	193,775	240,622
16600SH INGRAM MICRO INC.	290,007	252,818
16570SH POLYONE CORP.	52,263	274,565
31720SH SANMINA-SCI CORP.	224,919	269,937
13520SH STEEL DYNAMICS, INC.	141,683	151,965
17650SH UNISYS CORP.	325,701	367,473
18130SH VIRCO MFG. CORP.	33,728	42,968
59620SH AEGEAN MARINE PETROLEUM INC.	431,067	361,893
37800SH AIR CANADA INC.
30600SH GENCO SHIPPING & TRADING LTD	264,119	112,608
41590SH HAWAIIAN HOLDINGS INC.	225,193	232,488
5350SH OVERSEAS SHIPHOLDING GROUP IN
80544SH STAR BULK CARRIERS CORP.	258,070	48,512

Description	End of Year - Book Value	End of Year - Fair Market Value
TRADES PENDING SETTLEMENT	65,245	65,245
TAX DEPOSITS	38,800	38,800
ROUNDING	-4	-2

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
EXPENSES
WIRE IN FEES	15
MISCELLANEOUS & ROUNDING	5