TY 2012 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

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

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

OMB No. 1545-0052

2012

Open to Public Inspection

For calendar year 2012, or tax year beginning 07-01-2012 , and ending 06-30-2013

Name of foundation
THE FARKAS FAMILY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)1720 BROWNS GAP TURNPIKE Room/suite

City or town, state, and ZIP code
CHARLOTTESVILLE, VA22901

A Employer identification number

06-1593377

B Telephone number (see instructions)

(434) 823-2262

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

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

$9,998,911J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

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

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

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


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments	27,310		27,310
4	Dividends and interest from securities......	223,074		211,632
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-24,312
b	Gross sales price for all assets on line 6a 3,600,998
7	Capital gain net income (from Part IV, line 2)...			19,004
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).......		754	754
12	Total. Add lines 1 through 11........	226,826		258,700
13	Compensation of officers, directors, trustees, etc.	30,000		10,000
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......	2,295		2,295
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		3,450	3,450
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		55,105	55,014
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	90,850		70,759	0
25	Contributions, gifts, grants paid........	305,000			305,000
26	Total expenses and disbursements. Add lines 24 and 25	395,850		70,759	305,000
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-169,024
b	Net investment income (if negative, enter -0-)			187,941
c	Adjusted net income (if negative, enter -0-)...

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2012)

Form 990-PF (2012)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	1,502,986	1,277,997	1,275,657
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see page 15 of the
		instructions)....................
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)	275,424	352,399	341,605
	b	Investments—corporate stock (attach schedule)........	3,551,405	3,983,177	4,476,660
	c	Investments—corporate bonds (attach schedule)........	908,042	676,990	677,847
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	3,491,788	3,270,058	3,227,142
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	9,729,645	9,560,621	9,998,911
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds	9,729,645	9,560,621
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	9,729,645	9,560,621
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	9,729,645	9,560,621

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	9,729,645
2	Enter amount from Part I, line 27a.....................	2	-169,024
3	Other increases not included in line 2 (itemize)	3
4	Add lines 1, 2, and 3..........................	4	9,560,621
5	Decreases not included in line 2 (itemize)	5
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	9,560,621

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
(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)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	19,004
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 . . . . . . . . . . . . . . . .		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? Yes No

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

1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2011	655,662	9,042,859	0.072506
2010	663,187	10,305,506	0.064353
2009	518,980	10,018,732	0.051801
2008	242,546	8,205,529	0.029559
2007	252,270	3,541,559	0.071231

2	Total of line 1, column (d) ......................	2	0.289450
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	0.057890
4	Enter the net value of noncharitable-use assets for 2012 from Part X, line 5.....	4	8,764,296
5	Multiply line 4 by line 3.......................	5	507,365
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	1,879
7	Add lines 5 and 6.........................	7	509,244
8	Enter qualifying distributions from Part XII, line 4..............	8	305,000
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)

Page 4

Part VI

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

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	3,759
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2............................	3	3,759
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	3,759
6	Credits/Payments:

a	2012 estimated tax payments and 2011 overpayment credited to 2012	6a	2,520
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	2,520
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	1,239
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2013 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

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

Yes

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

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

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

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

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

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

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

(1) On the foundation. bullet

$ (2) On foundation managers. bullet

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

on foundation managers. bullet

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

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

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

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

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

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

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

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

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

By language in the governing instrument, or

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

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

Yes

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

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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

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

Yes

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

or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?

If “Yes,” complete Part XIV.............................

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

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

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

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).................

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

Yes

Website address bullet

N/A

The books are in care of bullet

GAIL MUNGER Telephone no. bullet

(434) 823-2262

Located at bullet

1720 BROWNS GAP TURNPIKECHARLOTTESVILLEVA ZIP+4 bullet

22901

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

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

At any time during calendar year 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? .................

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)

Page 5

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

that were not corrected before the first day of the tax year beginning in 2012?.............

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

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

At the end of tax year 2012, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2012?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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

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

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

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

20, 20, 20, 20

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

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

If “Yes,” did it have excess business holdings in 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.)....................

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

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

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?

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

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

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

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

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

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

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

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

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

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

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

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

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

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

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

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

a personal benefit contract?........................YesNo

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

If “Yes” to 6b, file Form 8870.

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

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

Form 990-PF (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
GAIL MUNGER	TRUSTEE 10.00	30,000	0	0
1720 BROWNS GAP TURNPIKE CHARLOTTESVILLE,VA22901	TRUSTEE 10.00	30,000	0	0

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...................

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

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

Part IX-A

Summary of Direct Charitable Activities

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


2


3


4

Form 990-PF (2012)

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.)

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

purposes:

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

8,472,195

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

1,266,440

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

301,318

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

10,039,953

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

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

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

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

10,039,953

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

instructions) .............................

1,275,657

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

8,764,296

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

438,215

Part XI

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

and do not complete this part.)

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

438,215

Tax on investment income for 2012 from Part VI, line 5......

3,759

Income tax for 2012. (This does not include the tax from Part VI.)...

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

3,759

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

434,456

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

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

434,456

Deduction from distributable amount (see instructions).................

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

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

434,456

Part XII

Qualifying Distributions (see instructions)

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

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

305,000

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

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

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

Amounts set aside for specific charitable projects that satisfy the:

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

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

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

305,000

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).................

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

305,000

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)

Page 8

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2012
1 Distributable amount for 2012 from Part XI, line 7			434,456
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.......	34,148
e From 2011.......	208,523
fTotal of lines 3a through e.........		242,671
4Qualifying distributions for 2012 from Part
XII, line 4: $ 305,000
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.....			305,000
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2012.		129,456	129,456
(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		113,215
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2011. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2012. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2013 ..........			0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............
8Excess distributions carryover from 2007 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2013. Subtract lines 7 and 8 from line 6a ......		113,215
10 Analysis of line 9:
a Excess from 2008....
b Excess from 2009....
c Excess from 2010....
d Excess from 2011....	113,215
e Excess from 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 section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2012	(b) 2011	(c) 2010	(d) 2009	(e) Total

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

Part XV

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

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

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

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

cAny submission deadlines:

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

Form 990-PF (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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AIDSHIV SERVICES GROUP PO BOX 2322 CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	21,000
ASH LAWN OPERA FESTIVAL PO BOX 2498 CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	10,000
BIG BROTHERS BIG SISTERS OF THE CENTRAL BLUE RIDGE 201 E MAIN STREET SUITE K CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	10,000
BLUE RIDGE AREA FOOD BANK NETWORK PO BOX 937 VERONA,VA244820937	NONE	CHARITY	GENERAL	15,000
CENTER FOR NONPROFIT EXCELLENCE PO BOX 5652 CHARLOTTESVILLE,VA22905	NONE	CHARITY	GENERAL	10,000
CHARLOTTESVILLE & UNIVERSITY SYMPHONY ORCHESTRA PO BOX 4206 CHARLOTTESVILLE,VA22905	NONE	CHARITY	GENERAL	5,000
CHARLOTTESVILLE-ALBEMARLE SPCA 3355 BERKMAR DRIVE CHARLOTTESVILLE,VA22901	NONE	CHARITY	GENERAL	10,000
CHILDREN YOUTH AND FAMILY SERVICES 1000 E HIGH STREET CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	10,000
COMMUNITY INVESTMENT COLLABORATIVE PO BOX 2976 CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	5,000
CROZET VOLUNTEER FIRE DEPARTMENT PO BOX 696 CROZET,VA22932	NONE	CHARITY	GENERAL	5,000
HOSPICE OF THE PIEDMONT 675 PETER JEFFERSON PKWY SUITE 300 CHARLOTTESVILLE,VA22911	NONE	CHARITY	GENERAL	15,000
INNOCENCE PROJECT AT UVA LAW SCHOOL 580 MASSIE ROAD CHARLOTTESVILLE,VA22903	NONE	CHARITY	GENERAL	5,000
KLUGE CHILDREN'S REHABILITATION CENTER 2270 IVY ROAD CHARLOTTESVILLE,VA22903	NONE	CHARITY	GENERAL	25,000
LEGAL AID JUSTICE CENTER 1000 PRESTON AVENUE SUITE A CHARLOTTESVILLE,VA22903	NONE	CHARITY	GENERAL	20,000
LITERACY VOLUNTEERS OF CHARLOTTESVILLE/ALBEMARLE PO BOX 1156 CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	7,500
LIVE ARTS PO BOX 1231 CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	12,000
MAMTA FOUNDATION 21011 ROSTORMEL COURT ASHBURN,VA20147	NONE	CHARITY	GENERAL	10,000
MARTHA JEFFERSON HOSPITAL FOUNDATION 500 MARTHA JEFFERSON DR CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	20,000
MONTPELIER FOUNDATION PO BOX 911 ORANGE,VA22960	NONE	CHARITY	GENERAL	10,000
THE HAVEN 112 WEST MARKET STREET CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	6,000
THE PARAMOUNT THEATER OF CHARLOTTESVILLE 215 EAST MAIN STREET CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	23,500
UVA FUND OLLI 1160 PEPSI PLACE SUITE 114B CHARLOTTESVILLE,VA22901	NONE	CHARITY	GENERAL	15,000
UVA TEEN CENTER PO BOX 80042 CHARLOTTESVILLE,VA22908	NONE	CHARITY	GENERAL	15,000
VIRGINIA ORGANIZING PROJECT 703 CONCORD AVENUE CHARLOTTESVILLE,VA22903	NONE	CHARITY	GENERAL	5,000
WESTERN ALBEMARLE RESCUE SQUAD PO BOX 188 CROZET,VA22932	NONE	CHARITY	GENERAL	5,000
WOMEN'S INITIATIVE 1011 EAST HIGH STREET SUITE A CHARLOTTESVILLE,VA22902	NONE	CHARITY	GENERAL	10,000
Total ................................. 3a				305,000

bApproved for future payment

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

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments			14	27,310
4 Dividends and interest from securities....			14	223,074
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.....			18	754
8Gain or (loss) from sales of assets other than inventory			18	-23,537	-775
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)..				227,601	-775

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

13226,826

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

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

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

Form 990-PF (2012)

Page 12

Part XVII

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

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

Yes

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

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

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

1a(1)

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

1a(2)

Other transactions:

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

1b(1)

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

1b(2)

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

1b(3)

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

1b(4)

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

1b(5)

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

1b(6)

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

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

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

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

If “Yes,” complete the following schedule.

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

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2012)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2012 AccountingFeesSchedule

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ROBINSON, FARMER, COX	3,450	3,450

- TIN:

TY 2012 CompensationExplanation

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Person Name	Explanation
GAIL MUNGER

- TIN:

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

TY 2012 GainLossSaleOtherAssetsSch

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Name	Date Acquired	How Acquired	Date Sold	Gross Sales Price	Basis	Total (net)
		PURCHASE
SYSCO CORP	2003-03	PURCHASE	2013-06	15,469	15,639	-170
SUSQUEHANNA CAPT	2008-04	PURCHASE	2012-09	200,000	205,360	-5,360
VAN ECK INTL INV GOLD FD	2008-05	PURCHASE	2013-04	28,529	49,926	-21,397
WESTERN ASSET CORE	2008-06	PURCHASE	2013-02	75,000	65,844	9,156
VAN ECK INTL INV GOLD FD	2008-12	PURCHASE	2013-04	832	843	-11
VAN ECK INTL INV GOLD FD	2008-12	PURCHASE	2013-04	509	516	-7
VAN ECK INTL INV GOLD FD	2008-12	PURCHASE	2013-04	245	249	-4
VAN ECK INTL INV GOLD FD	2008-12	PURCHASE	2013-04	1,110	1,936	-826
PROSHARES ULTRASHRT	2009-04	PURCHASE	2013-02	23,533	134,510	-110,977
TALISMAN ENERGY	2010-05	PURCHASE	2013-02	74,167	100,912	-26,745
FORWARD TACTICAL	2010-06	PURCHASE	2013-01	350,274	350,000	274
PIMCO STK PLUS	2010-06	PURCHASE	2013-01	84,430	122,970	-38,540
APPLE INC	2010-07	PURCHASE	2013-04	98,873	60,741	38,132
ISHARES S&P	2010-09	PURCHASE	2012-11	153,784	122,360	31,424
VAN ECK INTL INV GOLD FD	2010-12	PURCHASE	2013-04	2,707	6,180	-3,473
VAN ECK INTL INV GOLD FD	2010-12	PURCHASE	2013-04	1,952	4,456	-2,504
VAN ECK INTL INV GOLD FD	2010-12	PURCHASE	2013-04	231	526	-295
MARATHON OIL	2011-03	PURCHASE	2013-01	63,132	62,369	763
MARATHON PETROLEUM CORP	2011-03	PURCHASE	2013-04	83,383	40,526	42,857
TARGA RESOURCES	2011-03	PURCHASE	2013-04	202,217	106,305	95,912
FORWARD TACTICAL	2011-12	PURCHASE	2013-01	1,876	1,824	52
VAN ECK INTL INV GOLD FD	2011-12	PURCHASE	2013-04	579	1,067	-488
SPDR BARCLAYS CAPITAL	2012-03	PURCHASE	2013-02	161,209	160,809	400
WESTPORT INNOVATIONS	2012-04	PURCHASE	2013-05	70,372	96,691	-26,319
ISHARES GOLD TRUST	2012-05	PURCHASE	2013-04	67,748	80,900	-13,152
C R BAIRD INC NJ	2012-05	PURCHASE	2002-07	17,221	15,992	1,229
C R BAIRD INC NJ	2012-05	PURCHASE	2012-07	15,137	13,993	1,144
CUMMINS INC	2012-05	PURCHASE	2012-11	19,135	21,517	-2,382
CUMMINS INC	2012-05	PURCHASE	2012-11	6,873	7,724	-851
MICROSOFT CORP	2012-05	PURCHASE	2012-10	13,720	15,570	-1,850
NESTLE SPON ADR REP	2012-05	PURCHASE	2012-11	17,325	16,682	643
PHILIP MORRIS	2012-05	PURCHASE	2013-05	73,413	72,754	659
WALMART STORES	2012-05	PURCHASE	2012-11	14,277	11,504	2,773
ISHARES GOLD TRUST	2012-05	PURCHASE	2013-04	11,745	12,907	-1,162
OASIS PETROLEUM	2012-05	PURCHASE	2012-11	14,332	14,734	-402
IRON MOUNTAIN	2012-05	PURCHASE	2013-03	125,601	111,541	14,060
WESTPORT INNOVATIONS	2012-05	PURCHASE	2013-05	128,041	115,181	12,860
MICROFT CORP	2012-06	PURCHASE	2012-11	13,310	14,458	-1,148
WALMART STORES	2012-06	PURCHASE	2012-11	18,669	15,055	3,614
CUMMINS INC	2012-06	PURCHASE	2012-11	5,401	5,250	151
MICROFT CORP	2012-06	PURCHASE	2012-11	2,633	2,615	18
OASIS PETROLEUM	2012-06	PURCHASE	2012-11	3,621	3,136	485
PROSHARES SHRT S&P	2012-06	PURCHASE	2013-01	37,750	43,850	-6,100
PROSHARES SHRT S&P	2012-06	PURCHASE	2013-02	74,364	87,776	-13,412
CUMMINS INC	2012-07	PURCHASE	2012-11	2,946	2,646	300
ALEXANDER & BALDWIN	2012-07	PURCHASE	2013-01	10,800	12,157	-1,357
ALEXANDER & BALDWIN	2012-07	PURCHASE	2013-01	2,975	3,212	-237
INTUITIVE SURGICAL	2012-07	PURCHASE	2012-12	15,441	14,959	482
ALEXANDER & BALDWIN	2012-07	PURCHASE	2013-01	13,835	15,016	-1,181
INTUITIVE SURGICAL	2012-07	PURCHASE	2012-12	7,472	7,341	131
ISHARE SILVER TRUST	2012-08	PURCHASE	2013-04	12,552	15,260	-2,708
ISHARES GOLD TRUST	2012-08	PURCHASE	2013-04	16,486	17,761	-1,275
IBM	2012-08	PURCHASE	2013-06	15,267	14,917	350
IBM	2012-08	PURCHASE	2013-06	15,267	14,969	298
CISCO SYSTEMS	2012-08	PURCHASE	2012-08	22,707	20,576	2,131
CISCO SYSTEMS	2012-08	PURCHASE	2012-08	15,344	13,469	1,875
ISHARE SILVER TRUST	2012-08	PURCHASE	2013-04	10,311	13,752	-3,441
ISHARES GOLD TRUST	2012-08	PURCHASE	2013-04	5,690	6,338	-648
ISHARES GOLD TRUST	2012-08	PURCHASE	2013-04	6,644	8,044	-1,400
ISHARE SILVER TRUST	2012-09	PURCHASE	2013-04	9,639	13,585	-3,946
ISHARES GOLD TRUST	2012-09	PURCHASE	2013-04	10,737	13,804	-3,067
ISHARES GOLD TRUST	2012-09	PURCHASE	2013-04	5,234	6,635	-1,401
ISHARES GOLD TRUST	2012-09	PURCHASE	2013-06	10,788	15,000	-4,212
US TSY BOND	2012-11	PURCHASE	2012-12	72,240	73,978	-1,738
US TSY BOND	2012-11	PURCHASE	2012-12	785		785
US TSY BOND	2012-11	PURCHASE	2013-01	70,957	73,978	-3,021
US TSY BOND	2012-11	PURCHASE	2013-01	790		790
US TSY BOND	2012-11	PURCHASE	2013-04	9,720	9,864	-144
US TSY BOND	2012-11	PURCHASE	2013-04	68,419	69,746	-1,327
US TSY BOND	2012-11	PURCHASE	2013-04	78,191	79,710	-1,519
ISHARES GOLD TRUST	2012-11	PURCHASE	2013-06	8,804	11,850	-3,046
ISHARES GOLD TRUST	2012-11	PURCHASE	2013-06	14,365	19,944	-5,579
IRON MOUNTAIN	2012-11	PURCHASE	2013-03	15,491	14,594	897
IRON MOUNTAIN INC	2012-11	PURCHASE	2012-11	27	27
ISHARES GOLD TRUST	2012-11	PURCHASE	2013-06	10,338	14,628	-4,290
FORWARD TACTICAL	2012-12	PURCHASE	2013-01	12,004	11,671	333
VAN ECK INTL INV GOLD FD	2012-12	PURCHASE	2013-04	951	1,459	-508
INDUSTRIAL SEL SEC	2013-01	PURCHASE		87,278	77,634	9,644
IBM	2013-01	PURCHASE	2013-06	17,303	16,663	640
SPDR TRUST	2013-01	PURCHASE	2013-06	43,222	38,648	4,574
SPDR TRUST	2013-01	PURCHASE	2013-06	42,407	37,960	4,447
DANAHER CORPORATION	2013-01	PURCHASE	2013-06	111,469	108,743	2,726
ISHARES GOLD TRUST	2013-01	PURCHASE	2013-06	5,349	7,185	-1,836
MCGRAW HILL FINANCIAL	2013-01	PURCHASE	2013-06	14,699	15,362	-663
MCGRAW HILL FINANCIAL	2013-01	PURCHASE	2013-06	6,805	7,225	-420
MCGRAW HILL FINANCIAL	2013-02	PURCHASE	2013-06	16,060	13,199	2,861
THE FINANCIAL SEL SECT	2013-02	PURCHASE	2013-06	25,284	23,091	2,193
THE FINANCIAL SEL SECT	2013-02	PURCHASE	2013-06	25,676	23,370	2,306
NEW YORK COMM BANK	2013-03	PURCHASE	2013-06	52,406	54,437	-2,031
NEW YORK COMM BANK	2013-03	PURCHASE	2013-06	71,770	75,980	-4,210
WISDOMTREE TRUST	2013-03	PURCHASE	2013-06	15,564	15,108	456
SYSCO CORP	2013-03	PURCHASE	2013-06	15,129	15,516	-387
CHICAGO BRIDGE & IRON	2013-05	PURCHASE		28,947	31,990	-3,043
EXELON CORP		PURCHASE	2017-09	48,294	47,850	444
ISHARES GOLD TRUST		PURCHASE	2013-06	6,386	8,761	-2,375

- TIN:

TY 2012 InvestmentsCorpBondsSchedule

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Name of Bond	End of Year Book Value	End of Year Fair Market Value
BARKLEYS TRIGGER PLUS CURRENCIES	100,000	102,540
LIBERTY MEDIA CORP GROUP	147,611	158,754
MS 95% PRINC PROTECTED CURRENCY LINK	220,010	194,000
ONB CAP TRUST II - DONATED
PHILIP MORRIS INTL INC
PLC CAP TR III 7.5% 8/22/31 -DONATED
SUSQUEHANNA CAP 9.375% 12/12/57 DON.
NATIONAL CITY PREF. CAP 12% 12/31/49
WACHOVIA CAPTL TRUST	135,000	147,536
WAL-MART STORES	74,369	75,017
UNPAID ACCRUED INTEREST

- TIN:

TY 2012 InvestmentsCorpStockSchedule

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABORATORIES	15,899	17,440
ABBVIE INC	63,954	72,345
ACCENTURE PLC IRELAND PLC	47,698	55,409
AMARIN CORP	69,981	34,800
AMARIN CORP	61,390	29,000
AMERICAN WATER WORKS CO	116,708	206,150
APPLE INC	76,487	118,959
APPLE INC
AVIAT NETWORKS
AXA
BASF
BCE INC	168,798	246,120
BCE INC	25,843	41,020
BERKSHIRE HATHAWAY CL-B	73,598	99,049
BHP BILLION LTD
BRISTOL MYERS SQUIBB	40,038	89,380
BRITISH AMERICAN
BROOKFIELD ASSET MGNT CL A LTD
BUNGE LTD
C R BARD INC
CANADIAN NATURAL RESOURCES LTD
CDN PACIFIC RY LTD
CDN PACIFIC RY LTD
CHEUNG KONG HOLIDNGS	70,048	67,150
CHINA NATURAL GAS
CISCO SYS INC
CLEARSTORY SYSTEMS INC-DONATED	7,586	474
COCA COLA	31,674	32,890
COLGATE PALMOLIVE CO	110,918	137,496
COOPER INDUSTRIES
CORE LABORATORIES
COSTCO WHOLESALE CORP	44,044	57,496
COVIDIEN PLC	94,887	94,260
COVIDIEN PLC NEW	122,072	119,396
CSX CORP	48,570	46,728
CUMMINGS
DANAHER CORPORATION	31,046	33,865
DOW CHEMICAL CO.-DONATED
ELI LILLY CO	31,685	29,963
EMC CORP MASS
EXELON CORP
EXXON MOBIL CORP-DONATED	44,636	46,982
FINNING INTL INC COM NEW
FOREST LABORATORIES	70,956	82,000
FOREST LABORATORIES INC	115,352	131,201
HUBBELL INC	60,637	69,300
INTEL CORP	46,142	46,279
INTERNATIONAL FLAVORS AND FLAGRANCES	54,470	60,128
INTL FLAVORS & FRAGRANCES	69,345	75,160
INVESCO MORTGAGE CAPITAL	101,850	82,800
IRON MOUNTAIN INC
ISHARES GOLD TRUST IAU
ISHARES GOLD TRUST
ISHARES S&P MIDCAP 400 INDEX
ITRON INC	126,271	106,075
JOHNSON AND JOHNSON	44,665	58,815
JP MORGAN CHASE 8.6255	200,000	203,120
KKR & CO	57,862	58,980
LIBERTY MEDIA	42,207	76,056
LIBERTY MEDIA (LNCA)	71,127	126,760
MARATHON OIL CO
MC DONALDS CORP	47,304	49,995
MERCK & CO	29,771	34,141
METLIFE INC-DONATED	159,360	194,560
MICROSOFT CORP
NATIONAL OILWELL VARCO INC	31,801	32,039
NESTLE SPON ADR REP	80,295	98,670
NESTLE SPON ADR REP REG SHR	117,124	131,560
NESTLE SPON ADR REP REG SHR	43,929	45,717
NOVARTIS
OASIS PETROLEUM
PFIZER INC	14,719	14,005
PHILIP MORRIS INTL	31,292	30,750
PIMCO 5 YEAR BONDS	64,467	61,602
PROSHARES ULTRASHORT S & P-500
QUALCOMM INC	74,959	68,237
SEMGROUP CORP CLASS A	51,467	53,860
SMUCKER JAM CO-DONATED	966	2,063
SPDR BARCLAYS CAPITAL HIGH YIE
SPDR GOLD	54,120	41,689
SPIRIT REALTY	73,478	66,450
SPIRIT REALTY CAPITAL INC(SRC)	99,463	106,320
STARZ SERIES A	8,178	22,100
STARZ SERIES A	69,652	101,660
TALISMAN ENERGY INC
TARGA RESOURCES CP
TENARIS
TEXTRON INC
TEXTRON INC-DONATED
TRANSOCEAN INC
TRANSOCEAN LTD(RIG)	50,784	46,751
TRAVELERS COMPANIES INC-DONATED	592	959
TRICAN WELL SERVICES
UNILEVER
UNITED TECHNOLOGIES CORP (UTX)	32,007	31,135
VALE S.A.
VALE S.A.
VODAFONE	88,759	86,235
VODAFONE GP LLC	112,473	114,980
WAL MART	31,557	30,168
WELLS FARGO & CO	45,660	54,064
WESTPORT INNOVATIONS INC
WILLIAMS CO INC-DONATED	110,556	103,904
YARA INTL
ZIONS BNCP 11.000 SERS E
ZIONS BNCP 11.000 SERS E

- TIN:

TY 2012 InvestmentsGovtObligationsSch

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

US Government Securities - End of Year Book Value:

352,399

US Government Securities - End of Year Fair Market Value:

341,605

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

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

- TIN:

TY 2012 InvestmentsOtherSchedule2

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
ARTIO ITNL EQUITY FUND II
CONTINGENT INCOME CD DUE 3/28/19	AT COST
DIAMOND HILL LONG SHORT FUND
DOUBLE LINE TOTAL RETURN	AT COST	237,672	234,125
DYNAMIC REALTY LLC	AT COST	211,440	301,318
FIDELITY ADV SMALL CAP FUND
FORWARD TACTICAL GROWTH	AT COST
HENDERSON INTL OPPORTUNITIES FUND
JENNISON 20/20 FOCUS FUND
JENNISON NATL RESOURCES FUND
JP MORGAN STRAT INC OPP SEL	AT COST	190,362	195,503
JP MORGAN STRAT INC OPPORT FUND	AT COST	227,629	234,566
JP MORGAN US LARGE CAP FUND	AT COST
MANAGERS AMG FQ GLOBAL ALT	AT COST
PERMANENT PORTFOLIO	AT COST	336,902	375,981
PIMCO ALL ASSET ALL AUTHOR FUND	AT COST	120,561	114,125
PIMCOM LOW DURATION FUND	AT COST	329,093	321,994
PIMCO REAL RETURN FUND	AT COST	139,080	137,984
PIMCO STOCKPLUS STRAG A	AT COST	411,691	308,352
PIMCO STOCKPLUS TR SH STRAG A	AT COST	401,577	310,453
PIMCO UNRESTRAINED BOND P	AT COST	230,287	232,356
PIMCO UNCONSTRAINED BD	AT COST	214,873	219,839
VAN ECK INT'L INV GOLD FUND	AT COST
WESTERN ASSET CORE INC BOND FUND	AT COST	68,928	76,066
ARTISIAN MIDCAP VALUE	AT COST	149,963	164,480

- TIN:

TY 2012 OtherExpensesSchedule

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Description	Revenue and Expenses per Books	Net Investment Income
EXPENSES
INVESTMENT FEES	54,784	54,784
POSTAGE	91
OFFICE SUPPLIES
OTHER CREDITS ON COMMISSIONS
OTHER SERVICE FEES	230	230

- TIN:

TY 2012 OtherIncomeSchedule2

Name:

THE FARKAS FAMILY FOUNDATION

EIN: 06-1593377

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
OTHER INCOME	754	754