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 06-01-2011 , and ending 05-31-2012
G
Check all that apply:
Name of foundation
ETON LANE FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 14746   Room/suite
City or town, state, and ZIP code
PORTLAND, OR972930746
A Employer identification number

93-1246688
B Telephone number (see page 10 of the instructions)

(503) 238-1025
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,135,111J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 42,110 42,110  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 10,567
b Gross sales price for all assets on line 6a 169,372
7 Capital gain net income (from Part IV, line 2)... 10,567
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........ 52,677 52,677  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 2,470 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,470 0   0
25 Contributions, gifts, grants paid........ 103,770 103,770
26 Total expenses and disbursements. Add lines 24 and 25 106,240 0   103,770
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -53,563
b Net investment income (if negative, enter -0-) 52,677
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 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............... -1    
2 Savings and temporary cash investments.......... 29,435 75,461 75,461
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)      
b Investments—corporate stock (attach schedule)........ 1,694,054 Click to see attachment1,594,464 2,059,650
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet523
Less: accumulated depreciation (attach schedule) bullet523      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,723,488 1,669,925 2,135,111
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 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......... 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 1,723,488 1,669,925
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,723,488 1,669,925
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 1,723,488 1,669,925
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 1,723,488
2 Enter amount from Part I, line 27a..................... 2 -53,563
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,669,925
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 1,669,925
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a DELL INC P 2010-02-23 2012-04-25
b PIONEER NATURAL RES CO P 2006-11-13 2012-04-25
c CHUBB CORPORATION P 2007-07-18 2012-04-18
d ABBOTT LABORATORIES P 2006-04-19 2012-04-18
e ABBOTT LABORATORIES P 2001-10-09 2012-04-18
HEWLETT-PACKARD COMPANY P 2011-01-10 2012-04-18
CHUBB CORPORATION P 2007-07-18 2012-04-18
CHUBB CORPORATION P 2007-07-18 2012-04-18
BRISTOL-MYERS SQUIBB CO P 2007-02-26 2011-11-29
BRISTOL-MYERS SQUIBB CO P 2002-04-17 2011-11-29
BRISTOL-MYERS SQUIBB CO P 2002-01-03 2011-11-29
BRISTOL-MYERS SQUIBB CO P 2002-03-25 2011-11-29
MOTOROLA MOBILITY HLDGS P 1998-07-08 2011-08-17
FORTUNE BRANDS INC P 2006-11-27 2011-08-09
FORTUNE BRANDS INC P 2006-09-06 2011-08-09
LAWSON SOFTWARE INC NEW P 2007-01-10 2011-06-21
LAWSON SOFTWARE INC NEW P 2007-01-10 2011-06-21
LAWSON SOFTWARE INC NEW P 2007-01-10 2011-06-21
L-3 COMMUNICATIONS HLDGS P 2010-01-20 2012-04-25
L-3 COMMUNICATIONS HLDGS P 2010-11-08 2012-04-25
DELL INC P 2010-01-12 2012-04-25
L-3 COMMUNICATIONS HLDGS P 2010-01-20 2012-04-25
NESTLE S A REG B ADR F1 ADR REPS 1 ORD P 2010-01-05 2012-04-19
NESTLE S A REG B ADR F1 ADR REPS 1 ORD P 2010-01-05 2012-04-19
UMPQUA HOLDINGS CORP P 2010-01-05 2012-01-05
UMPQUA HOLDINGS CORP P 2010-11-05 2012-01-05
UMPQUA HOLDINGS CORP P 2010-01-05 2012-01-05
ALLSTATE CORPORATION P 2010-01-12 2011-11-16
ALLSTATE CORPORATION P 2010-01-12 2011-11-16
TIMKEN COMPANY P 2010-01-05 2011-11-16
EPIQ SYSTEMS INC P 2010-01-04 2011-11-16
MURPHY OIL CORP HLDG P 2010-01-13 2011-11-16
FORTUNE BRANDS INC P 2010-10-13 2011-08-09
VERIGY LTD F P 2010-11-12 2011-06-21
(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 8,216   6,669 1,547
b 10,891   4,065 6,826
c 13,101   9,666 3,435
d 6,081   4,128 1,953
e 9,122   7,794 1,328
5,616   10,078 -4,462
71   53 18
1,068   788 280
6,247   5,400 847
4,685   4,890 -205
6,247   10,242 -3,995
3,124   4,039 -915
2,849   4,020 -1,171
5,231   8,002 -2,771
5,231   7,192 -1,961
4,474   2,711 1,763
8,948   5,421 3,527
3,355   2,033 1,322
4,015   4,993 -978
3,522   3,681 -159
9,861   8,953 908
3,029   3,766 -737
1,683   1,309 374
1,434   1,115 319
4,847   5,410 -563
2,423   2,339 84
1,212   1,353 -141
2,630   3,131 -501
2,630   3,131 -501
2,630   1,427 1,203
1,743   1,753 -10
2,791   2,815 -24
9,154   9,800 -646
11,211   6,638 4,573
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       1,547
b       6,826
c       3,435
d       1,953
e       1,328
      -4,462
      18
      280
      847
      -205
      -3,995
      -915
      -1,171
      -2,771
      -1,961
      1,763
      3,527
      1,322
      -978
      -159
      908
      -737
      374
      319
      -563
      84
      -141
      -501
      -501
      1,203
      -10
      -24
      -646
      4,573
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 10,567
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010      
2009 0   0.0
2008      
2007      
2006      
2 Total of line 1, column (d) ...................... 2  
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  
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4  
5 Multiply line 4 by line 3....................... 5  
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6  
7 Add lines 5 and 6......................... 7  
8 Enter qualifying distributions from Part XII, line 4.............. 8  
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,054
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 1,054
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,054
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 1,172
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 1,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,172
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 1,118
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet1,118 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletOR
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletPAUL D KELLER Telephone no.bullet (541) 686-1040
    Located atbullet975 OAK STREET SUITE 500EUGENEOR ZIP+4bullet97401
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WILLIAM M KELLER PRESIDENT & DIRECTOR
    1.00     		0 0 0
    1504 SE ETON LANE
    PORTLAND,OR97222
    FRANCES E KELLER DIRECTOR
    1.00     		0 0 0
    1504 SE ETON LANE
    PORTLAND,OR97222
    PAUL D KELLER DIRECTOR
    1.00     		0 0 0
    3310 FILLMORE
    EUGENE,OR97405
    JOHN M KELLER DIRECTOR
    1.00     		0 0 0
    3227 NE 145TH AVE
    PORTLAND,OR97230
    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...................bullet 0
    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.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,074,187
    b
    Average of monthly cash balances.......................
    1b
    44,012
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,118,199
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    2,118,199
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    31,773
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,086,426
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    104,321
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    104,321
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    1,054
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,054
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    103,267
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    103,267
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    103,267
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    103,770
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    103,770
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    103,770
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 103,267
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 82,492
    b Total for prior years:20, 20, 20 0
    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......... 0
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 103,770
    a Applied to 2010, but not more than line 2a 82,492
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		 Click to see attachment0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		0
    d Applied to 2011 distributable amount..... 21,278
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2011. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		0
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		0
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		81,989
    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) ...........     		0
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		0
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    WILLIAM M KELLER
    FRANCES E KELLER
    JOHN M KELLER
    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 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)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACCW
    2838 E BURNSIDE ST
    PORTLAND,OR97214     		NONE 170(B)(1)(A)(VI) ORPHANGE ASSISTANCE 1,000
    BOY SCOUTS OF AMERICA CASCADE PACIFIC COUNCIL
    2145 SW NAITO PARKWAY
    PORTLAND,OR97201     		NONE 170(B)(1)(A)(VI) UNRESTRICTED 500
    CATHOLIC BROADCASTING NORTHWEST
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		NONE 170(B)(1)(A)(VI) UNRESTRICTED 1,000
    CENTRAL CATHOLIC HIGH SCHOOL
    2401 SE STARK STREET
    PORTLAND,OR97214     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 9,000
    CHRISTIAN FOUNDATION FOR CHILDREN & AGING
    1 ELMWOOD AVE
    KANSAS CITY,KS66103     		NONE 170(B)(1)(A)(VI) UNRESTRICTED 5,000
    DE LASALLE NORTH CATHOLIC HIGH SCHOOL
    7528 NORTH FENWICK AVE
    PORTLAND,OR97217     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 7,000
    DOERNBECHER
    3181 SW SAM JACKSON PARK ROAD
    PORTLAND,OR97239     		NONE 170(B)(1)(A)(VI) CANCER RESEARCH 500
    EQUESTRIAN ORDER OF THE HOLY SEPULCHRE OF JERUSALEM
    C/O SIR LEONARD E VUYLSTEKE
    TREASURER 2838 E BURNSIDE ST
    PORTLAND,OR97214     		NONE CHURCH 170(B)(1)(A)( UNRESTRICTED 2,400
    HOLY CROSS MISSIONS
    PO BOX 543
    NOTRE DAME,IN46556     		NONE CHURCH 170(B)(1)(A)( UNRESTRICTED 4,435
    LA SALLE HIGH SCHOOL
    11999 SE FULLER ROAD
    MILWAUKIE,OR97222     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 6,500
    MARIST HIGH SCHOOL
    1900 KINGSLEY RD
    EUGENE,OR97401     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 1,000
    O'HARA CATHOLIC SCHOOL
    715 WEST 18TH AVENUE
    EUGENE,OR97402     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 1,000
    OREGON FOOD BANK
    7900 NE 33RD DRIVE
    PORTLAND,OR97211     		NONE 170(B)(1)(A)(VI) UNRESTRICTED 200
    SISTERS OF THE HOLY CROSS
    100 LOURDES HALL - SAINT MARYS
    NOTRE DAME,IN465565014     		NONE 170(B)(1)(A)(VI) UNRESTRICTED 4,435
    ST AGATHA CHURCH
    1430 SE NEHALEM ST
    PORTLAND,OR97202     		NONE CHURCH 170(B)(1)(A)( UNRESTRICTED 25,500
    ST AGATHA SCHOOL
    1430 SE NEHALEM ST
    PORTLAND,OR97202     		NONE SCHOOL 170(B)(2)(A)( EDUCATION 3,150
    ST ANDREW LEGAL CLINIC
    807 NE ALBERTA STREET
    PORTLAND,OR97211     		NONE 170(B)(1)(A)(VI) UNRESTRICTED 500
    ST FRANCIS DINING HALL
    311 SE 12TH AVE
    PORTLAND,OR97214     		NONE 170(B)(1)(A)(VI) UNRESTRICTED 450
    ST MONICA CATHOLIC HIGH SCHOOL
    1030 LINCOLN BOULEVARD
    SANTA MONICA,CA90403     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 200
    ST THERESE SCHOOL
    1260 NE 132ND AVE
    PORTLAND,OR97230     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 5,300
    ST THERESE
    1260 NE 132ND AVE
    PORTLAND,OR97230     		NONE CHURCH 170(B)(1)(A)( UNRESTRICTED 500
    ST ELIZABETH ANN SETON SCHOOL
    811 NE 112TH AVENUE 200
    VANCOUVER,WA98684     		NONE SCHOOL 170(B)(2)(A)( BUYILDING FUND 10,000
    STANDUP GIRLCOM FOUNDATION
    4335 RIVER ROAD N
    SALEM,OR97303     		NONE 509(A)(2) UNRESTRICTED 2,000
    UNIVERSITY OF PORTLAND
    5000 N WILLAMETTE BLVD
    PORTLAND,OR97203     		NONE SCHOOL 170(B)(2)(A)( ANNUAL FUND 12,000
    VALLEY CATHOLIC HIGH SCHOOL
    4275 SW 148TH AVE
    BEAVERTON,OR97007     		NONE SCHOOL 170(B)(2)(A)( UNRESTRICTED 200
    Total .................................bullet 3a 103,770
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 42,110  
    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 10,567  
    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).. 0 52,677 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    1352,677
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 AppliedToPriorYearElection
    Name:
    ETON LANE FOUNDATION
    EIN: 93-1246688
    Election:
    PURSUANT TO IRC SEC. 4942(H)(2) AND REG. 53.4942(A)3(D)(2), THE FOUNDATION HEREBY ELECTS TO TREAT CURRENT YEAR QUALIFYING DISTRIBUTIONS IN EXCESS OF THE IMMEDIATELY PRECEDING TAX YEAR'S UNDISTRIBUTED INCOME AS BEING MADE OUT OF UNDISTRIBUTED INCOME FOR THE YEAR ENDING MAY 31, 2010 IN THE AMOUNT OF $8,843.

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    ETON LANE FOUNDATION
    EIN: 93-1246688
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AVI BIOPHARMA INC 12,389 1,949
    ABB LTD ADR 6,946 6,324
    AMGEN INC 14,539 20,856
    ANADARKO PETROLEUM 8,596 18,300
    BANK OF AMERICA 55,189 30,694
    BANK OF NEW YORK 9,780 5,762
    BECTON DICKINSON 6,069 14,626
    BOEING 10,207 15,662
    BOSTON SCIENTIFIC CORP 17,582 4,305
    BROOKFIELD ASSET MGMT 11,372 14,368
    BUNGE LIMITED 2,750 5,950
    CATERPILLAR INC 8,939 35,048
    CHARTER COMMUNICATIONS 10,119 0
    CHEVRON CORP 9,275 61,247
    CHUBB CORPORATION 5,253 7,207
    CIRCUIT CITY STORES 7,870 0
    CISCO SYSTEMS 10,005 9,798
    CITIGROUP 25,258 9,941
    CITRIX SYSTEMS 10,013 26,309
    COCA COLA CO 8,057 14,946
    COCA COLA FEMSA 3,034 17,256
    COMCAST CORP 18,305 26,019
    CONAGRA FOODS 9,913 11,066
    CONOCOPHILLIPS 7,958 25,454
    CONSTELLATION BRAND CL A 9,334 9,645
    COOPER TIRE 10,155 11,610
    COSTCO WHSL 11,609 34,556
    COVIDIEN LTD 1,981 2,589
    DEERE & CO 10,645 36,935
    DENTSPLY INTL 7,635 9,250
    DIAMOND OFFSHR DRILLING 5,955 17,454
    DOW CHEMICAL 9,952 7,765
    EPIQ SYSTEMS 10,712 8,824
    FEDEX CORP 17,199 17,828
    GAMESTOP CORP 9,919 9,590
    GENERAL ELECTRIC 27,066 19,090
    GOODYEAR TIRE 26,539 30,305
    HARTFORD FINL 5,154 2,523
    HELMERICH & PAYNE 6,676 13,590
    HOME DEPOT 9,955 13,569
    HONDA MOTOR CO 5,449 11,126
    HUNTINGTON BACK SHS 5,678 6,540
    INTEL CORP 27,385 31,008
    IBM 8,883 19,290
    INTL GAME TECH 11,008 5,720
    JOHNSON & JOHNSON 10,630 12,486
    JPMORGAN 10,795 9,945
    KEYCORP INC 6,942 2,438
    LIFE TECHNOLIGIES CORP 15,154 14,482
    LILLY ELI & CO 17,462 12,285
    LIMITED BRANDS INC 12,867 26,616
    LOUISIANA PACIFIC 11,724 5,652
    MARATHON OIL 5,515 14,946
    MARATHON PETE CORP 3,731 10,821
    MARSH & MCLENNAN 1,407 1,599
    MEMC ELECTRNC MATERIALS 15,039 3,006
    MERCK & CO 16,464 18,790
    MICRON TECHNOLOGY 28,480 9,636
    MICROSOFT 31,273 32,109
    MOLSON COORS BREWING 6,530 7,690
    MORGAN STANLEY 9,809 4,676
    MOTOROLA MOBILITY 0 0
    MOTOROLA SOLUTIONS 5,448 4,087
    MURPHY OIL CORP HLDG 6,728 4,662
    NETAPP INC 2,754 5,952
    NIKE 10,405 54,090
    PPG IND 6,885 15,516
    PFIZER INC 16,205 10,935
    PHILLIPS 66 2,365 7,327
    PITNEY BOWES 11,563 4,092
    PIXEL WORKS 10,620 483
    PRECISION CASTPARTS CORP 8,971 24,932
    PROCTER & GAMBLE 9,770 21,241
    RATHEON CO 2,927 5,032
    RENETCH INC 5,010 1,880
    ROYAL DUTCH SHELL 10,381 12,436
    SARA LEE CORP 7,917 12,540
    SUMMIT BANK 47,348 40,250
    SUNTECH POWER 14,539 990
    TCF FINANCIAL CORP 4,835 2,948
    TELKONET 6,460 255
    TRANOCEAN INC 16,314 19,108
    TRAVELERS CO 7,186 11,686
    TE CONNECTIVITY LTD 9,344 15,710
    TYCO INTL LTD 12,577 15,948
    US BANCORP 2,207 18,666
    UNILEVER NV NY 6,920 11,760
    UNION PACIFIC 11,925 133,680
    VISA INC 9,681 147,976
    WAL MART DE MEX 10,047 12,015
    WAL MART STORES 22,412 32,910
    WEYERHAEUSER 17,275 9,716
    EXCEL ENERGY 11,995 19,614
    YAHOO 9,895 4,572
    YINGLI GREEN ENERGY ADRF 4,259 520
    ZIMMER HOLDINGS INS CORP 8,359 12,130
    US GLOBAL INV CHINA 26,135 16,280
    LIBERTY PROPERTY TRUST 10,773 12,134
    REDWOOD TRUST INC 12,651 3,633
    A T & T INC NEW 5,529 6,834
    AETNA INC NEW 6,363 8,178
    AMERICAN EXPRESS COMPANY 7,773 11,166
    APACHE CORP 10,563 8,138
    ARCHER-DANIELS-MIDLND CO 6,283 6,376
    BANK OF AMERICA 9,851 10,290
    BIG LOTS INC 8,316 9,188
    BP PLC ADR FSPONSORED ADR 1 ADR REP 6 ORD 12,234 10,938
    BUNGE LIMITED F 6,804 5,950
    CALLAWAY GOLF 7,863 5,520
    CISCO SYSTEMS INC 15,050 13,064
    CITIGROUP INC NEW 8,069 5,302
    CONAGRA FOODS INC 7,901 8,803
    COOPER TIRE & RUBBER CO 8,049 6,192
    DEVON ENERGY CP NEW 9,232 7,440
    E O G RESOURCES INC 9,713 9,930
    ELECTRONIC ARTS INC 8,383 6,810
    EPIQ SYSTEMS INC 13,643 11,030
    GENERAL ELECTRIC COMPANY 12,455 14,318
    GOODYEAR TIRE & RUBBER 15,555 13,063
    HUNTSMAN CORPORATION 8,409 8,960
    INTEL CORP 15,646 19,380
    KEYCORP INC NEW 6,409 0
    MARSH & MC LENNAN CO INC 5,400 7,995
    MASTERCARD INC 7,508 12,195
    MC DONALDS CORP 12,463 17,868
    MCKESSON CORPORATION 6,245 8,728
    MEMC ELECTRNC MATERIALS 12,533 2,506
    METLIFE INC 7,633 5,842
    MICRON TECHNOLOGY INC 7,628 5,840
    MURPHY OIL CORP HLDG 8,444 6,993
    NESTLE S A REG B ADR F1 ADR REPS 1 ORD 4,846 5,685
    NEXTERA ENERGY INC 5,524 6,534
    NOKIA CORP SPON ADR F1 ADR REP 1 NOKIA CORPS 11,184 2,403
    NORDSTROM INC 7,409 9,474
    PARKER-HANNIFIN CORP 8,123 12,261
    PETROLEO BRASILEIRO ADRFSPONSORED ADR 1 ADR REP 2 COMMON 16,124 7,824
    SCHLUMBERGER LTD F 6,813 6,325
    STATE STREET CORP 8,813 8,242
    SUMMITBANK 25,083 24,150
    SYMANTEC CORP 9,259 7,420
    TIDEWATER INC (CITIZEN) US CITIZEN CERTIFICATES 7,928 7,889
    TIMKEN COMPANY 5,706 11,448
    VERIZON COMMUNICATIONS 6,223 8,328
    VISA INC CL A CLASS A 6,463 8,640
    WASHINGTON BANKING CO 6,012 6,785
    WEYERHAEUSER CO 8,009 9,955
    XCEL ENERGY INC 4,783 5,604
    US GLOBAL INV CHINA 25,000 19,069

    TY 2011 TaxesSchedule
    Name:
    ETON LANE FOUNDATION
    EIN: 93-1246688
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OREGON DEPT OF JUSTICE 752 0   0
    INVESTMENT EXPENSES 118 0   0
    FEDERAL TAX 1,600 0   0