Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 04-01-2012 , and ending 03-31-2013
Name of foundation
KINGS DAUGHTERS HOME FOR OLD PEOPLE
 

Number and street (or P.O. box number if mail is not delivered to street address)C/O TWO RIVERS BANK 222 N MAIN   Room/suite
City or town, state, and ZIP code
BURLINGTON, IA52601
A Employer identification number

42-0627329
B Telephone number (see instructions)

(319) 753-9130
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,008,938J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 590
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 80,663 80,663 80,663
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 38,994
b Gross sales price for all assets on line 6a 389,302
7 Capital gain net income (from Part IV, line 2)... 4,108
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 58,734   58,734
12 Total. Add lines 1 through 11........ 178,981 84,771 139,397
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 118,686   29,671 89,015
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 750 750    
c Other professional fees (attach schedule).... Click to see attachment 15,569 15,569    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 930   232 698
19 Depreciation (attach schedule) and depletion... Click to see attachment 14,129   4,710
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 57,961   14,489 43,472
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 208,025 16,319 49,102 133,185
25 Contributions, gifts, grants paid........ 630 630
26 Total expenses and disbursements. Add lines 24 and 25 208,655 16,319 49,102 133,815
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -29,674
b Net investment income (if negative, enter -0-) 68,452
c Adjusted net income (if negative, enter -0-)... 90,295
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 1 1 1
2 Savings and temporary cash investments.......... 169,159 188,255 188,255
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) 34,598 Click to see attachment7,635 8,373
b Investments—corporate stock (attach schedule)........ 672,432 Click to see attachment699,497 831,402
c Investments—corporate bonds (attach schedule)........ 491,283 Click to see attachment450,765 429,323
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 577,394 Click to see attachment542,787 551,584
14 Land, buildings, and equipment: basis bullet379,614
Less: accumulated depreciation (attach schedule) bullet258,835 94,526 Click to see attachment120,779  
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,039,393 2,009,719 2,008,938
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 2,039,393 2,009,719
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,039,393 2,009,719
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,039,393 2,009,719
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 2,039,393
2 Enter amount from Part I, line 27a..................... 2 -29,674
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,009,719
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,009,719
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,108
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 127,944 1,937,138 0.066048
2010 119,822 1,981,767 0.060462
2009 120,471 1,880,056 0.064078
2008 132,741 1,904,746 0.069690
2007 118,756 2,132,178 0.055697
2 Total of line 1, column (d) ...................... 2 0.315975
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 0.063195
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 1,888,150
5 Multiply line 4 by line 3....................... 5 119,322
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 685
7 Add lines 5 and 6......................... 7 120,007
8 Enter qualifying distributions from Part XII, line 4.............. 8 133,815
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 685
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 685
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- ..... 5 685
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 804
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.............. 7 804
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 10 119
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet119 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTWO RIVERS BANK TRUST Telephone no.bullet (319) 753-9130
    Located atbullet222 N MAIN STBURLINGTONIA ZIP+4bullet52601
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    OLIVE SULLIVANClick to see attachment PRESIDENT
    2.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    BETTY EVANSClick to see attachment VICE PRESIDE
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    MARY HARTClick to see attachment RECORDING SE
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    MARILYN GARRETTClick to see attachment CORRSPNDG SE
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    KAY KENTClick to see attachment TREASURER
    2.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    JUDY BROCKETClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    PAT LATTYClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    CHARLOTTE COURSEYClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    MARY DISSELHORSTClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    MONIKA DOWELLClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    NELLY GUNDRUMClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    JEANETTE FISHERClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    LOIS FORTClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    GLORIA JEWETTClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    VIVIAN KELLERClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    PHYLLIS ROXLAUClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    SHARON WALDENClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    PHYLLIS WILLEYClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    JUDY TOMKINSClick to see attachment DIRECTOR
    1.00     		0 0 0
    222 N MAIN
    BURLINGTON,IA52601
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 OPERATION OF A FACILITY FOR THE LONG-TERM CARE, COMFORT AND MAINTENANCE OF ELDERLY PERSONS 207,095
    2 PROVIDING CHRISTMAS GIFTS TO NURSING HOME PATIENTS THAT WOULD OTHERWISE NOT RECEIVE ANY GIFTS 630
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,738,197
    b
    Average of monthly cash balances.......................
    1b
    178,707
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,916,904
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    1,916,904
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    28,754
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,888,150
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    94,408
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
     
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    133,815
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    133,815
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    685
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    133,130
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 133,815
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount.....  
    e Remaining amount distributed out of corpus 133,815
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 133,815
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
    0       0
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		133,815 128,617 119,822 120,993 503,247
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		      3,416 3,416
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		133,815 128,617 119,822 117,577 499,831
    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...     		62,939       62,939
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    VARIOUS NURSING HOME PATIENTS
    VARIOUS
    BURLINGTON,IA52601     		NONE   PROVIDE CHRISTMAS GIFTS 630
    Total .................................bullet 3a 630
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aROOM AND BOARD FOR ELDERLY         58,734
    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 80,663  
    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     14 38,994  
    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)..   119,657 58,734
    13Total. Add line 12, columns (b), (d), and (e)..................
    13178,391
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A THE ORGANIZATION OPERATES A RETIREMENT HOME FOR THE CARE
    1A COMFORT AND MAINTENANCE OF THE ELDERLY, AND COLLECTS ROOM
    1A AND BOARD FROM RESIDENTS AS A PARTIAL OFFSET TO THE
    1A FACILITY'S OPERATING EXPENSES
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
    Yes
     
    (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
    1a(1) 165,545 KING'S DAUGHTERS HOME THIS ENTITY SERVES A A 501(C)(2) TITLE HOLDING ENTITY FOR THE KINGS DAUGHTERS HOME FOR OLD PEOPLE. DURING THE YEAR, EXCESS CASH FUNDS ARE TRANSFERRED TO THE TRUST FOR INVESTMENT AND ALL INVESTMENT INCOME IS TRANSFERRED BACK TO THE HOME ON A QUARTERLY BASIS.
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INDIRECT ACCOUNTING FEES 750 750    

    TY 2012 CompensationExplanation
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Person Name Explanation
    OLIVE SULLIVAN  
    BETTY EVANS  
    MARY HART  
    MARILYN GARRETT  
    KAY KENT  
    JUDY BROCKET  
    PAT LATTY  
    CHARLOTTE COURSEY  
    MARY DISSELHORST  
    MONIKA DOWELL  
    NELLY GUNDRUM  
    JEANETTE FISHER  
    LOIS FORT  
    GLORIA JEWETT  
    VIVIAN KELLER  
    PHYLLIS ROXLAU  
    SHARON WALDEN  
    PHYLLIS WILLEY  
    JUDY TOMKINS  

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    TY 2012 DepreciationSchedule
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    ELEVATOR 1990-08-16 19,143 19,143 S/L 10.0000        
    ELEVATOR MOTOR 1994-07-13 1,525 1,525 S/L 10.0000        
    TV 1992-11-12 891 891 S/L 10.0000        
    AMANA FREEZER 1994-10-11 662 662 S/L 10.0000        
    AMANA AIR CONDITIONER 1994-10-11 715 715 S/L 10.0000        
    CURIO TABLE 1995-06-14 481 481 S/L 10.0000        
    AIR CONDITIONER & FURNACE 1996-12-10 9,235 9,235 S/L 10.0000        
    APPLIANCES 1998-03-10 1,831 1,831 S/L 10.0000        
    ROCKING CHAIR 1999-06-09 86 86 S/L 10.0000        
    VACUUM 1999-08-10 532 532 S/L 10.0000        
    CLOTHES DRYER 2003-03-11 364 321 S/L 10.0000 26   9  
    MAYTAG REFRIGERATOR 2005-08-01 1,182 768 S/L 10.0000 118   39  
    REFINISHING FURNITURE 2006-08-17 3,786 2,975 S/L 7.0000 541   180  
    MAYTAG DISHWASHER 2006-09-12 576 452 S/L 7.0000 83   28  
    CROSLEY 20 CU FT FREEZER 2007-11-13 760 489 S/L 7.0000 108   36  
    RANGE 2008-02-12 434 248 S/L 7.0000 31   10  
    FLAT SCREEN TV 2008-02-12 1,567 896 S/L 7.0000 112   37  
    REFRIGERATOR 2008-09-09 535 368 200DB 7.0000 48   16  
    FAUCET & VANITY CABINET 2008-12-22 509 350 200DB 7.0000 45   15  
    FREEZER 2009-06-20 1,308 736 200DB 7.0000 163   54  
    DISHWASHER 2009-09-08 567 319 200DB 7.0000 71   24  
    COMPUTER SYSTEM 2011-01-11 762 396 200DB 5.0000 146   49  
    REMODELING IMPRVMNT 1990-06-30 28,083 28,083 S/L 15.0000        
    REMODELING 1991-09-11 3,144 3,144 S/L 15.0000        
    ELECTRICAL WORK 1992-04-17 4,922 4,922 S/L 15.0000        
    ASPHALT DRIVEWAY 1993-05-13 1,600 1,600 S/L 15.0000        
    REMODELING 1992-08-13 871 871 S/L 15.0000        
    CARPET 1992-10-14 398 398 S/L 15.0000        
    REMODELING 1992-12-23 7,300 7,300 S/L 15.0000        
    REMODELING 1993-02-12 9,916 9,916 S/L 15.0000        
    WIRING 1993-02-12 316 316 S/L 15.0000        
    PLUMBING 1993-03-12 3,890 3,890 S/L 15.0000        
    CARPET 1993-03-10 793 793 S/L 15.0000        
    WIRING 1993-03-10 3,342 3,342 S/L 15.0000        
    REMODELING 1992-10-14 1,829 1,829 S/L 15.0000        
    ROOF 1994-09-14 12,330 12,330 S/L 15.0000        
    2ND STORY BATHROOM 2009-12-09 1,083 295 150DB 15.0000 78   26  
    INTERIOR REMODELING 1996-07-29 19,935 19,935 S/L 15.0000        
    CARPET 1996-12-18 1,957 1,957 S/L 15.0000        
    KITCHEN REMODEL 1997-12-09 20,379 19,700 S/L 15.0000 679   226  
    CARPET 1998-03-03 2,049 1,981 S/L 15.0000 68   32  
    INTERIOR REMODELING 1997-04-08 10,517 10,166 S/L 15.0000 351   117  
    HANDRAIL 1997-05-13 4,233 4,092 S/L 15.0000 141   47  
    REMODEL 1998-12-08 1,950 1,755 S/L 15.0000 130   43  
    SIDEWALK 1999-04-13 1,225 1,021 S/L 15.0000 81   27  
    NEW SIGN 1999-06-11 60 50 S/L 15.0000 4   1  
    ENTRY DOOR/GARAGE 1999-07-13 374 312 S/L 15.0000 25   8  
    CEILING FANS 1999-07-13 254 212 S/L 15.0000 17   6  
    CEILING FANS 1999-08-10 1,285 1,071 S/L 15.0000 85   28  
    CARPET 1999-08-19 2,000 1,666 S/L 15.0000 134   44  
    WINDOW 1999-10-12 259 216 S/L 15.0000 18   6  
    CARPET 1999-11-09 446 372 S/L 15.0000 29   9  
    DEPOSIT ON PORCH 2000-01-12 600 500 S/L 15.0000 40   13  
    GARAGE DOOR W/ OPENER 2000-01-12 918 765 S/L 15.0000 61   20  
    CONCRETE 2000-02-08 1,975 1,646 S/L 15.0000 131   43  
    STORM WINDOWS 2000-05-09 2,948 2,261 S/L 15.0000 196   65  
    STORM DOORS 2000-06-14 494 379 S/L 15.0000 33   11  
    SERVICE TO 2ND FLOOR 2001-01-10 432 332 S/L 15.0000 29   9  
    LANDSCAPING 2001-05-09 2,354 1,648 S/L 15.0000 157   52  
    CARPET RM 11 2004-06-08 450 212 S/L 15.0000 16   5  
    RE ROOF HOUSE/GARAGE 2004-07-09 16,650 7,844 S/L 15.0000 587   196  
    BASEMENT REMODEL - BEAUTY SHOP 2004-05-12 11,065 5,215 S/L 15.0000 390   130  
    REMODEL/RECONSTRUCTION 2006-05-31 27,769 10,182 S/L 15.0000 1,852   617  
    HEAT & SMOKE DETECTORS 2006-04-26 7,920 2,904 S/L 15.0000 528   176  
    CARPETING 2006-05-03 3,887 1,425 S/L 15.0000 259   86  
    WATER HEATER 2006-05-09 3,591 1,316 S/L 15.0000 240   80  
    CONCRETE WORK; WALL SIDEWALK DRIVEWAY 2007-06-04 5,930 1,778 S/L 15.0000 396   132  
    BOILER 2007-10-09 11,997 3,599 S/L 15.0000 800   266  
    PARKING BLOCKS 2007-12-06 450 135 S/L 15.0000 30   10  
    SOUTH SIDE BATH REMODEL 2008-06-10 14,703 10,109 200DB 7.0000 1,313   438  
    WEST WALL CONSTRUCTION 2008-06-10 907 623 200DB 7.0000 81   27  
    BIDET 2008-06-19 551 379 200DB 7.0000 49   16  
    CARPETING 2008-08-12 1,320 908 200DB 7.0000 118   39  
    ARBOR 2009-06-09 270 74 150DB 15.0000 19   6  
    REPLACEMENT SIDEWALK 2009-12-08 350 95 150DB 15.0000 26   8  
    POOL REPAIRS 2010-05-14 8,000 1,280 150DB 15.0000 672   224  
    ASPHALT DRIVEWAY 2010-05-11 8,755 1,401 150DB 15.0000 735   245  
    FLAG POLE & LIGHTING 2010-11-09 1,202 466 200DB 7.0000 210   70  
    ELEVATOR REPAIR 2012-03-14 5,083 42 S/L 10.0000 509   170  
    FURNITURE 2011-10-11 1,619 231 200DB 7.0000 397   132  
    KITCHEN & BAHROOM WINDOWS 2012-03-14 2,851 3 S/L 39.0000 73   24  
    2ND FLR BATHROOM 2012-04-11 23,715   S/L 39.0000 583   194  
    PORCH / DECK 2012-08-16 16,667   S/L 39.0000 267   89  

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    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    IQ GLOBAL RESOURCES 2011-10 PURCHASE 2012-08   1,006 1,131     -125  
    CINTAS 2009-07 PURCHASE 2012-06   10,833 6,804     4,029  
    EBAY 2009-07 PURCHASE 2012-09   14,853 5,006     9,847  
    GNMA 2003-12 PURCHASE 2013-03   1,690 1,912     -222  
    GATEWAY FUND 2011-10 PURCHASE 2012-12   21,116 20,000     1,116  
    GE CAP CORP 2004-04 PURCHASE 2012-09   90,000 90,000        
    GOLDMAN SACHS 2004-04 PURCHASE 2012-09   50,000 50,000        
    IQ HEDGE MULTI STRATEGY 2010-07 PURCHASE 2012-12   21,760 21,632     128  
    IQ GLOBAL RESOURCES 2011-05 PURCHASE 2012-08   12,617 16,117     -3,500  
    ISHARES TR BARCLAYS 2011-08 PURCHASE 2012-12   119,285 104,608     14,677  
    KINDER MORGAN 2009-07 PURCHASE 2012-02   103 54     49  
    MASTERCARD 2009-07 PURCHASE 2012-09   11,445 4,222     7,223  
    MEDICAL UNIV SC 2005-01 PURCHASE 2013-02   25,000 25,000        
    PHILLIPS 66 2009-07 PURCHASE 2012-08   1,925 933     992  
    WALGREEN 2009-07 PURCHASE 2012-08   3,561 2,889     672  

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BOEING 50,168 52,691
    GE CAPITAL CORP    
    GOLDMAN SACHS 25,009 25,000
    GOLDMAN SACHS SENIOR NOTE    
    LEHMAN BROTHERS HOLDING 47,935 12,188
    MERRILL LYNCH 149,670 155,199
    MORGAN STANLEY 5.375% 24,970 27,304
    OCCIDENTAL PETROLEUM 50,734 55,139
    BERSHIRE HATHAWAY 51,984 51,579
    GCB MERCK 50,295 50,223

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AUTODESK 3,695 8,250
    BERKSHIRE HATHAWAY CLASS B 10,339 15,630
    CINTAS    
    COMPASS MINERALS 2,723 3,945
    CONOCOPHILLIPS 6,875 6,010
    EBAY    
    ETF VANGUARD REIT 22,575 27,648
    EXXON MOBIL 3,466 4,506
    GENERAL DYNAMICS 5,437 7,051
    HARBOR INTERNATIONAL 56,580 78,312
    IQ GLOBAL RESOURCES 42,000 44,940
    IQ HEDGE MULTI STRATEGY    
    ISHARES MSCI ACWI INDEX 43,589 49,126
    ISHARES TR S&P MIDCAP 31,291 47,179
    ISHARES DJ US TELCOM 1,738 2,430
    JOHNSON & JOHNSON 5,695 8,153
    MASTERCARD    
    MEDTRONIC 5,236 7,044
    MICROSOFT 4,729 5,721
    NOVARTIS 4,056 7,124
    PAYCHEX 5,041 7,012
    PEPSICO 5,675 7,911
    RAINIER MID CAP 24,070 27,572
    SPDR TR ENERGY 4,595 7,931
    SPDR TR INDUSTRIAL 4,308 8,352
    SPDR TR TECHNOLOGY 3,625 6,054
    SPDR TR MATERIALS 2,529 3,918
    SPDR TR CONSUMER DISCRETIONARY 5,618 13,250
    US BANCORP 5,222 10,179
    VANGUARD MSCI EMERGING 32,909 33,372
    WALGREEN    
    WESTERN UNION 4,712 4,512
    ARBRITRAGE FUND 20,000 19,112
    DISCOVER FINANCIAL 4,546 8,968
    EXELON CORP 4,273 3,448
    GATEWAY FUND    
    ISHARES BARCLAYS INTERMED 30,280 29,250
    ISHARES TR BOXXX 129,235 137,091
    JP MORGAN CHASE 6,947 7,119
    PFIZER 4,168 5,772
    PROCTOR & GAMBLE 6,620 7,706
    SYSCO 5,922 7,034
    VICTORY FUND    
    KINDER MORGAN 6,119 13,792
    LOWES 4,721 9,480
    CISCO 7,812 8,358
    ETF PSH BANK LOAN 51,156 50,551
    GE 7,005 6,936
    ISHARES BARCLAYS INTERMED 54,271 55,570
    ORACLE 8,094 8,083

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    US Government Securities - End of Year Book Value:

    7,635
    US Government Securities - End of Year Fair Market Value:

    8,373
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2012 InvestmentsOtherSchedule2
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ISHARES TR BARCLAYS AT COST    
    PIMCO TOTAL RETURN AT COST 153,327 158,204
    TEMPLETON GLBAL INCOME AT COST 196,294 198,409
    OPPENHEIMER AT COST 123,058 126,758
    MISCELLANEOUS AT COST 108 108
    FORWARD CREDIT ANALYSIS AT COST 40,000 39,123
    VICTORY FUND AT COST 30,000 28,982

    TY 2012 LandEtcSchedule2
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    EQUIPMENT 379,614 258,835 120,779  


    TY 2012 OtherExpensesSchedule
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    UTILITIES 15,478   3,869 11,609
    GROCERIES 8,964   2,241 6,723
    INSURANCE 15,884   3,971 11,913
    MISCELLANEOUS 8,484   2,121 6,363
    CONTRACT LABOR 2,108   527 1,581
    REPAIRS AND MAINTENANCE 3,390   847 2,543
    SUPPLIES 816   204 612
    LAWN CARE 2,837   709 2,128


    TY 2012 OtherIncomeSchedule2
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ROOM AND BOARD FOR ELDERLY 58,734   58,734


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRUSTEE FEES 15,569 15,569    


    TY 2012 TaxesSchedule
    Name:
    KINGS DAUGHTERS HOME FOR OLD PEOPLE
    EIN: 42-0627329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 930   232 698