Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2012
Open to Public Inspection
For calendar year 2012, or tax year beginning 01-01-2012 , and ending 12-31-2012
Name of foundation
The Florence Forgotson Charitable Foundation Inc
 

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd   Room/suite
City or town, state, and ZIP code
Wilmington, DE198091377
A Employer identification number

20-0857287
B Telephone number (see instructions)

(800) 839-1754
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$2,461,378J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 11,164 11,164  
4 Dividends and interest from securities...... 170,346 135,975  
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 492,950
b Gross sales price for all assets on line 6a 9,626,349
7 Capital gain net income (from Part IV, line 2)... 351,483
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -1,148 13  
12 Total. Add lines 1 through 11........ 673,312 498,635  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages...... 57,500 57,500    
15 Pension plans, employee benefits....... 4,399 4,399    
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 5,805 5,794    
17 Interest............... 35,389 25,300    
18 Taxes (attach schedule) (see instructions) Click to see attachment 19,493 16,525    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 27,799 12,635   15,160
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 150,385 122,153   15,160
25 Contributions, gifts, grants paid........ 116,177 116,177
26 Total expenses and disbursements. Add lines 24 and 25 266,562 122,153   131,337
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 406,750
b Net investment income (if negative, enter -0-) 376,482
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 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...............      
2 Savings and temporary cash investments..........   33,370 33,370
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,001,689 Click to see attachment2,509,158 2,172,074
c Investments—corporate bonds (attach schedule)........ 266,538 Click to see attachment242,268 188,773
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 20,081 Click to see attachment43,281 67,161
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,288,308 2,828,077 2,461,378
Liabilities 17 Accounts payable and accrued expenses.......... 289,842 458,350
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) Click to see attachment35,489  
23 Total liabilities (add lines 17 through 22).......... 325,331 458,350
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 1,962,977 2,369,727
30 Total net assets or fund balances (see page 17 of the
instructions).................... 1,962,977 2,369,727
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,288,308 2,828,077
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 1,962,977
2 Enter amount from Part I, line 27a..................... 2 406,750
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,369,727
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 2,369,727
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.)
1 a Publicly-traded securities      
b Section 751 Gain Reclass      
c Passthrough K-1 Capital Gain      
d Allocated to UBI - Acq. Ind.      
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 9,626,076   9,123,911 502,165
b       -288
c       -8,927
d       -141,467
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       502,165
b       -288
c       -8,927
d       -141,467
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 2 351,483
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 103,008 2,654,997 000.038798
2010 82,107 2,523,805 000.032533
2009 44,428 1,223,650 000.036308
2008 51,280 868,654 000.059034
2007 49,511 1,053,362 000.047003
2 Total of line 1, column (d) ...................... 2 000.213676
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. . . 		3 000.042735
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 2,347,632
5 Multiply line 4 by line 3....................... 5 100,326
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,765
7 Add lines 5 and 6......................... 7 104,091
8 Enter qualifying distributions from Part XII, line 4.............. 8 131,337
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 3,765
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 3,765
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 3,765
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 4,382
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 20,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 24882 7 24,882
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 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 21,117
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet4,000 Refunded Bullet 11 17,117
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
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
     
    No
    .........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
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 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
    Richard Cole VP / Dir
    025.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Carol Ann Hinz Pres / Dir / Sec
    025.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    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
    Mrs Lynn Cole Investmt Consult
    035.00     		57,500    
    2 Mettle Lane
    Wharton,NJ07885
    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
     
    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)
    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  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    2,902,990
    b
    Average of monthly cash balances.......................
    1b
    9,285
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,912,275
    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
    528,892
    3
    Subtract line 2 from line 1d.........................
    3
    2,383,383
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    35,751
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,347,632
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    117,382
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    117,382
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    3,765
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
    20,687
    c
    Add lines 2a and 2b............................
    2c
    24,452
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    92,930
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    92,930
    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
    92,930
    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 Click to see attachment..........
    1a
    131,337
    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
    131,337
    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
    3,765
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    127,572
    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 92,930
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 130,328
    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$ 131,337
    a Applied to 2011, but not more than line 2a 130,328
    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..... 1,009
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		91,921
    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
             
    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).)
    NONE
    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
    AMERICAN RED CROSS - JERSEY COAST CH
    1540 W PARK AVE
    TINTON FALLS,NJ07724     		N/A 509a1 Hurricane Sandy Fund 1,500
    AMERICAN RED CROSS - JERSEY COAST CH
    1540 W PARK AVE
    TINTON FALLS,NJ07724     		N/A 509a1 Disaster Relief 4,000
    ARC OF NEW JERSEY INC
    1158 WAYSIDE RD
    TINTON FALLS,NJ07712     		N/A 509a2 Work Opportunity Center 1,000
    BOYS & GIRLS CLUB OF MONMOUTH COUNTY
    1201 MONROE AVE
    ASBURY PARK,NJ07712     		N/A 509a1 General Unrestricted 1,000
    CANINE SUPPORT TEAMS INC
    26500 SCOTT RD
    MENIFEE,CA92584     		N/A 509a1 General Unrestricted 5,000
    CYSTIC FIBROSIS FOUNDATION
    6931 ARLINGTON RD STE 312
    BETHESDA,MD20814     		N/A 509a1 General Unrestricted 5,000
    EMCC EDUCATIONAL FOUNDATION INC
    47 RECKLESS PL NO 1
    RED BANK,NJ07701     		N/A 509a2 General Unrestricted 10,000
    FDNY FOUNDATION
    9 METROTECH CTR RM 5E-9
    BROOKLYN,NY11201     		N/A 509a1 General Unrestricted 5,000
    FEEDING AMERICA
    35 E WACKER DR STE 200
    CHICAGO,IL60601     		N/A 509a1 General Unrestricted 927
    FOODBANK - MONMOUTH & OCEAN COUNTIES
    3300 RTE 66
    NEPTUNE,NJ07753     		N/A 509a2 General Unrestricted 1,000
    HABCORE INC
    PO BOX 2361
    RED BANK,NJ07701     		N/A 509a1 General Unrestricted 2,500
    HEATHER PENDERGAST FUND INC
    67 GRAND AVE
    MASSAPEQUA,NY11758     		N/A 509a1 General Unrestricted 5,000
    HOMES FOR OUR TROOPS INC
    6 MAIN ST
    TAUNTON,MA02780     		N/A 509a1 General Unrestricted 10,000
    HOPE ACADEMY CHARTER SCHOOL
    601 GRAND AVE
    ASBURY PARK,NJ07712     		N/A 509a1 General Unrestricted 5,000
    LUNCH BREAK
    PO BOX 2215
    RED BANK,NJ07701     		N/A 509a1 General Unrestricted 1,000
    MICHAEL GERARD PUHARIC MEMORIAL FUND INC
    PO BOX 787
    MATAWAN,NJ07747     		N/A 509a1 General Unrestricted 500
    NEW JERSEY BLIND CITIZENS ASSOCIATION INC
    18 BURLINGTON AVE
    LEONARDO,NJ07737     		N/A 509a1 General Unrestricted 1,000
    OVERSEAS SAVE CHINESE CHILDREN FOUNDATION
    3446 PELHAM RD
    TOLEDO,OH43606     		N/A 509a1 General Unrestricted 5,000
    PATRIOT FOUNDATION
    PO BOX 5069
    PINEHURST,NC28374     		N/A 509a2 General Unrestricted 10,000
    PLAY2WIN
    1040 BROAD ST 2ND FL
    SHREWSBURY,NJ07702     		N/A 509a1 Charitable Event 750
    POLICE ATHLETIC LEAGUE INC
    34 1/2 E 12TH ST
    NEW YORK,NY10003     		N/A 509a1 General Unrestricted 15,000
    RED BANK CHARTER SCHOOL
    58 OAKLAND ST
    RED BANK,NJ07701     		N/A 509a1 General Unrestricted 5,000
    RED BANK CHARTER SCHOOL CCO INC
    58 OAKLAND ST
    RED BANK,NJ07701     		N/A 509a2 Fitness Program 5,000
    SMILE TRAIN INC
    41 MADISON AVE 28TH FL
    NEW YORK,NY10010     		N/A 509a1 General Unrestricted 2,500
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    262 DANNY THOMAS PL MSC 512
    MEMPHIS,TN38105     		N/A 509a1 General Unrestricted 1,500
    THE MESSIANIC JEWISH ALLIANCE OF AMERICA-- THE MESSIANIC JEWISH ISRAEL FUND
    950 PINE GROVE RD
    ROSWELL,GA30075     		N/A 509a1 General Unrestricted 5,000
    THE WOMAN'S CLUB OF RED BANK NJ
    164 BROAD ST
    RED BANK,NJ07701     		N/A 509a2 General Unrestricted 2,000
    UNITED STATES CATHOLIC CONFERENCE - MARYHAVEN CENTER OF HOPE
    51 TERRYVILLE RD
    PORT JEFFERSON STATION,NY11776     		N/A 509a2 General Unrestricted 5,000
    Total .................................bullet 3a 116,177
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 11,164  
    4 Dividends and interest from securities.... 900099 34,371 14 135,975  
    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 900099 141,467 18 351,483  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Passthrough Loss 525990 -1,668 14 13  
    b751 Gain on Sale of Partnership 525990 288      
    cFederal tax refund     01 219  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 174,458 498,854  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13673,312
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 12000057
    Software Version: 12.19.1011.1
    Part VI Line 7 - Tax Paid Original Return: 24882


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded securities         9,626,076 9,123,911     502,165  
    Section 751 Gain Reclass                 -288  
    Passthrough K-1 Capital Gain                 -8,927  
    Allocated to UBI - Acq. Ind.                 -141,467  
    Allocated to UBI - Acq. Ind.                 141,467  

    TY 2012 GeneralExplanationAttachment
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALBERTSONS MTN - 6.520 - 04/10/2028 27,663 12,610
    BARCLAYS BK DEL WILMINGTON 0.00000 07/24/2014CD 15,000 17,239
    BRUNSWICK CORP-7.125-08/01/2027 8,303 10,225
    DILLARDS INC - 7.130 - 08/01/2018 26,005 27,875
    DOWNEY FINANCIAL - 6.500 - 07/01/2014 27,166  
    DRESSER INDUS - 7.600 - 08/15/2096 30,153 29,920
    DYNEGY INC-8.375-05/01/2016 18,590  
    FORD MOTOR CO COM - 8.900 - 01/15/2032 40,000 66,125
    GLOBAL INDS LTD SR-2.750-08/01/2027 35,783 24,779
    SEA CONTAINER - 10.500 - 5/15/2012 13,605  

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    20 shares of 100 APPLE 500.0 EXP 1/18/14 414,966 269,700
    5 shares of 100 DEVON ENERGY CORP 62.5 EXP 1/19/13 3,870 5,235
    50 shares of 100 GENERAL ELECTRIC 20.0 EXP 6/22/13 1,700 1,060
    50 shares of 100 NOKIA 5.0 EXP 1/18/14 3,031 3,150
    10 shares of 100 SELECT SECTOR SPDR 15.0 EXP 3/16/13 1,189 1,610
    5 shares of 100 SPDR GOLD 155.0 EXP 1/18/14 8,883 7,850
    150 shares of 100 SPRINT NEXTEL 2.5 EXP 1/18/14 11,037 45,000
    20 shares of 100 TOLL BROS INC 25.0 EXP 1/18/14 12,516 18,600
    5 shares of 100 VERTEX PHARMACEUTICALS 52.5 EXP 1/18/14 11,005 1,700
    15 shares of 100 VIVUS INC 25.0 EXP 1/18/14 13,713 1,530
    4000 shares of AES TIETE SA S/ADR 47,510 40,988
    3000 shares of AGIC INTL PREMIUM STRATEGY FUND 35,690 29,100
    2000 shares of AGIC CONV INCOME FUND 18,820 17,380
    1000 shares of ALLIANCE BERNSTEIN GLOBAL INC 14,804 15,650
    4700 shares of ALPINE GLOBAL DYNAMI AGD 29,313 24,581
    3400 shares of AMERICAN CAPITAL AGENCY CORP. AGNC 102,047 98,260
    100 shares of AMERICAN INTL GROUP 3,134 3,530
    5000 shares of ANNALY MTG MGMT INC. COM NLY 84,915 70,200
    9000 shares of ANWORTH MORTGAGE ASSET CORP ANH 60,273 52,020
    2000 shares of ARMOUR RESIDENTIAL REIT INC PFD SER A 8ARR PRA 50,000 50,960
    7000 shares of ARMOUR RESIDENTIAL REIT INCCOM ARR 50,679 45,290
    4105 shares of BANCO SANTANDER CEN SAN 36,940 33,538
    39000 shares of BIOHEART INC BHRT 2,067 585
    200000 shares of BROWNIES MARINE GROUP 6,005 100
    6000 shares of CAPITAL PRODUCT PARTNERS UNITS CPLP 46,445 39,480
    2000 shares of CAPSTEAD MORTGAGE 27,704 22,940
    32000 shares of CHIMERA INVESTMENT CORP COMMON STOCK CIM 90,793 83,520
    18000 shares of CHINA SINGYES SOLAR CSSXF 7,955 15,328
    3000 shares of COHEN STEERS GLBL INB 32,430 30,960
    5000 shares of CYS INVESTMENTS INC CYS 66,943 59,050
    2000 shares of DDR CORP 50,000 48,920
    10000 shares of DIGITAL DOMAIN MEDIA GROUP INC DDMG 67,400 250
    615 shares of DYNEGY INC   11,765
    2000 shares of ENERPLUS CORP 33,725 25,920
    600 shares of EURASIAN MINERALS INC EMXX 1,648 1,218
    2000 shares of FACEBOOK 56,769 53,239
    3000 shares of FIFTH STREET FINANCE FSC 29,115 31,260
    5000 shares of FONAR CORPORATION FONR 21,155 21,650
    1000 shares of GLOBAL HIGH INCOME FUND INC GHI 12,804 12,920
    600000 shares of GTX CORP GTXO 41,359 8,400
    1500 shares of HATTERAS FINL CPRP HTS 42,594 37,215
    500 shares of HOLLYFRONTIER CORP HFC 17,879 23,275
    1500 shares of HSBC USA PERF SECS W CON PROT LKD SP 500 7/31/14 4042EP552 15,000 22,785
    2500 shares of ING ASIA PAC HI IAE 43,491 39,300
    1000 shares of ING GLOBAL EQ DIV PREM OPPTNTY IGD 10,925 8,670
    500 shares of INTEL CORP INTC 13,555 10,310
    1119 shares of INVESCO HIGH INCOME TR II 16,945 19,303
    4000 shares of INVESCO MORTGAGE INC IVR 65,953 78,840
    3000 shares of ISHS FTS NRT MTG PLS REM 41,570 41,010
    33 shares of KRAFT FOODS INC 1,355 1,501
    300 shares of LAM RESEARCH CORP 12,088 10,839
    1500 shares of MEXICO FUND INC MXF 37,191 43,530
    100 shares of MONDELEZ INTL INC 2,531 2,545
    51 shares of MOTORS LIQ CO GUC TR COM   1,081
    5000 shares of NAVIOS MARITIME PARTNRS LP NMM 77,513 61,400
    50000 shares of NORTHERN MANGANESE LTD SHS NMGNF 7,755 2,491
    6000 shares of NUVEEN MULTI-CURRENCY SHORT-TERM GOVERNMENT INCOME JGT 96,975 77,220
    1000 shares of PATRICK INDUSTRIES INC PKAT 12,885 15,560
    10000 shares of RESOURCE CAP CORP RSO 58,359 56,000
    4000 shares of SANDSTORM RES LTD ORD SNDXF 28,210 47,016
    1000000 shares of SAVI MEDIA GROUP 7,510 1,000
    500 shares of SEADRILL LTD SDRL 14,185 18,400
    3000 shares of SHIP FINC INTL SFL 42,264 49,890
    200 shares of SILVER WHEATON CORP SLW 7,015 7,216
    1000 shares of SOLAR CAP LTD 6.75 SR NTS DUE 25,000 22,930
    13000 shares of TEEKAY TANKERS CL A TNK 63,668 37,700
    100 shares of TJX COMPANIES 4,259 4,245
    4000 shares of TWO HARBORS INVESTMENT CORP. TWO 42,039 44,320
    8000 shares of WELLS FARGO ADVANTAGE GLOBAL DIV OPP FUND EOD 69,867 60,560
    2000 shares of WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC HIO 11,695 12,880
    500 shares of YAMANA GOLD INC AUY 8,530 8,605

    TY 2012 InvestmentsOtherSchedule2
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    INERGY, LP   34,476 54,570
    SUBURBAN PROPANE PARTNERS LP   8,805 12,591

    TY 2012 OtherExpensesSchedule
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 15,135     15,135
    K-1 Expenses INERGY, LP 2      
    K-1 Expenses PROSHARES VIX SHORT-TERM 41 41    
    K-1 Expenses SUBURBAN PROPANE PARTNERS 2      
    Payroll Processing Fees 181 181    
    State or Local Filing Fees 25     25
    Investment Related Subscriptions and Software 12,413 12,413    


    TY 2012 OtherIncomeSchedule2
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Passthrough Loss INERGY, LP -1,496 25  
    K-1 Passthrough Income PROSHARES VIX SHORT-TERM 2 2  
    K-1 Passthrough Loss SUBURBAN PROPANE PARTNERS -161 -14  
    751 Gain on Sale TERRA NITROGEN COMPANY LP 288    
    Federal tax refund 219    


    TY 2012 OtherLiabilitiesSchedule
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Beginning of Year - Book Value End of Year - Book Value
    Outstanding Options 35,489  


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 5,805 5,794    


    TY 2012 TaxesSchedule
    Name:
    The Florence Forgotson Charitable Foundation Inc
    EIN: 20-0857287
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2012 1,700      
    Foreign Tax Paid 16,793 16,525    
    2011 Excise Tax 1,000