Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 11-01-2011 , and ending 10-31-2012
G
Check all that apply:
Name of foundation
GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO Box 1501 NJ2-130-03-31   Room/suite
City or town, state, and ZIP code
Pennington, NJ085341501
A Employer identification number

20-3797595
B Telephone number (see page 10 of the instructions)

(609) 274-6834
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,481,615J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 134,471 133,508  
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 68,369
b Gross sales price for all assets on line 6a 2,770,118
7 Capital gain net income (from Part IV, line 2)... 68,369
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 202,840 201,877  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 2,500     2,500
c Other professional fees (attach schedule).... Click to see attachment 27,262 16,357   10,905
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 1,097 851    
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 7 7    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 30,866 17,215   13,405
25 Contributions, gifts, grants paid........ 411,273 411,273
26 Total expenses and disbursements. Add lines 24 and 25 442,139 17,215   424,678
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -239,299
b Net investment income (if negative, enter -0-) 184,662
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 2 74 74
2 Savings and temporary cash investments.......... 420,449 58,948 58,948
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)........ 513,936 Click to see attachment679,655 773,751
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,570,325 Click to see attachment2,525,008 2,648,842
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) 3,504,712 3,263,685 3,481,615
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 3,504,712 3,263,685
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,504,712 3,263,685
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,504,712 3,263,685
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 3,504,712
2 Enter amount from Part I, line 27a..................... 2 -239,299
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 3,265,413
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 1,728
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,263,685
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a HOME DEPOT INC   2012-03-01 2012-09-17
b HESS CORP   2012-02-09 2012-07-05
c HESS CORP   2011-09-09 2011-12-21
d HARTFORD FLOATING RATE   2012-03-19 2012-09-17
e HARTFORD FLOATING RATE   2012-03-19 2012-09-17
HARTFORD FLOATING RATE   2012-03-19 2012-07-18
HARTFORD FLOATING RATE   2012-03-19 2012-07-18
OAKMARK GLOBAL SELECT   2012-07-20 2012-09-17
OAKMARK GLOBAL SELECT   2012-07-16 2012-09-17
GENERAL MILLS   2012-05-23 2012-09-18
GENERAL MILLS   2011-12-21 2012-03-01
GENERAL MILLS   2011-01-10 2012-03-01
GAP INC DELAWARE   2011-12-21 2012-03-26
GAP INC DELAWARE   2011-10-12 2012-03-26
FORD MOTOR CO   2012-05-23 2012-07-05
DOUBLELINE TOTAL RETURN   2010-08-16 2012-08-13
FORD MOTOR CO   2012-03-20 2012-07-05
FORD MOTOR CO   2011-12-09 2011-12-21
FIRST EAGLE   2012-06-14 2012-10-02
FIRST EAGLE   2010-08-12 2012-10-02
FIRST EAGLE   2010-08-12 2012-10-02
FIRST EAGLE   2012-06-14 2012-09-17
FIRST EAGLE   2010-08-12 2012-09-17
UAM FPA CRESCENT PORT   2010-08-12 2012-10-02
UAM FPA CRESCENT PORT   2010-08-12 2012-10-02
UAM FPA CRESCENT PORT   2010-08-12 2012-09-17
UAM FPA CRESCENT PORT   2010-08-12 2012-09-17
UAM FPA CRESCENT PORT   2010-08-12 2012-05-21
UAM FPA CRESCENT PORT   2010-08-12 2012-05-21
EXXON MOBIL CORP COM   2010-08-17 2012-09-17
EMERSON ELEC CO   2011-12-21 2012-07-16
EMERSON ELEC CO   2011-10-14 2012-07-16
EATON CORP   2011-12-21 2012-05-23
EATON CORP   2011-11-01 2012-05-23
DOUBLELINE CORE FIXED   2011-10-04 2012-09-17
DOUBLELINE CORE FIXED   2011-10-04 2012-09-17
DOUBLELINE CORE FIXED   2011-10-21 2012-05-21
DOUBLELINE CORE FIXED   2011-10-04 2012-05-21
DOUBLELINE CORE FIXED   2011-10-04 2012-05-21
DOUBLELINE TOTAL RETURN   2010-08-17 2012-09-17
DOUBLELINE TOTAL RETURN   2010-08-16 2012-09-17
DOUBLELINE TOTAL RETURN   2010-08-17 2012-08-13
DOUBLELINE TOTAL RETURN   2010-08-16 2012-08-13
DOUBLELINE TOTAL RETURN   2011-03-21 2012-05-21
DOUBLELINE TOTAL RETURN   2010-08-16 2012-05-21
DOUBLELINE TOTAL RETURN   2010-08-16 2012-05-21
DEERE CO   2010-08-12 2012-10-04
DEERE CO   2010-08-12 2012-09-17
DEERE CO   2010-08-12 2012-05-21
COVENTRY HEALTH CARE INC   2012-07-05 2012-09-06
CONAGRA FOODS INC   2012-05-23 2012-08-03
COCA COLA COM   2010-06-02 2012-09-17
CHEVRON CORP   2006-02-23 2012-09-17
CENTURYLINK INC SHS   2011-08-19 2012-09-17
CENTURYLINK INC SHS   2011-08-19 2012-05-21
CATERPILLAR INC DEL   2012-07-05 2012-10-01
CATERPILLAR INC DEL   2012-07-05 2012-09-17
WISDOMTREE TRUST JAPAN   2012-03-21 2012-07-16
WISDOMTREE EMERGING MRKT   2010-08-12 2012-09-17
WISDOMTREE EMERGING MRKT   2010-08-12 2012-09-06
WISDOMTREE EQUITY INCOME   2011-09-26 2012-09-17
WISDOMTREE EQUITY INCOME   2011-09-26 2012-09-06
WISDOMTREE EQUITY INCOME   2011-09-26 2012-05-21
WALGREEN CO   2011-12-21 2012-03-01
WALGREEN CO   2010-08-12 2012-03-01
WALGREEN CO   2010-06-29 2012-03-01
WALGREEN CO   2008-11-05 2012-03-01
WALGREEN CO   2008-09-30 2012-03-01
WAL-MART STORES INC   2011-08-15 2012-09-17
VANGUARD INFORMATION   2011-10-21 2012-09-17
VANGUARD INFORMATION   2011-10-21 2012-05-21
VANGUARD MSCI EMERGING   2011-10-27 2012-09-17
VALERO ENERGY CORP NEW   2012-05-23 2012-10-04
VALERO ENERGY CORP NEW   2012-05-23 2012-09-17
VALERO ENERGY CORP NEW   2011-12-05 2011-12-21
UNITED TECHS CORP COM   2011-12-21 2012-05-23
UNITED TECHS CORP COM   2010-12-08 2012-05-23
COAST ACCESS III LTD   2007-11-01 2011-12-31
COAST ACCESS III LTD   2007-11-01 2011-11-10
TIFFANY CO NEW   2012-06-06 2012-09-17
TCW TOTAL RETURN   2012-08-08 2012-09-17
TCW TOTAL RETURN   2012-06-11 2012-09-17
TCW TOTAL RETURN   2012-06-11 2012-09-17
TCW EMERGING   2012-03-27 2012-09-17
TCW EMERGING   2012-03-27 2012-09-17
SANDISK CORP INC   2012-05-17 2012-07-05
SPDR DJ WILSHIRE GLOBAL   2012-08-10 2012-09-17
RAYTHEON CO DELAWARE NEW   2012-03-01 2012-10-02
RAYTHEON CO DELAWARE NEW   2012-03-01 2012-09-17
PROCTER GAMBLE CO   2011-12-21 2012-02-01
PROCTER GAMBLE CO   2011-07-22 2012-02-01
PIMCO GLOBAL MULTI   2010-09-16 2012-09-19
PIMCO GLOBAL MULTI   2010-08-12 2012-09-19
PIMCO GLOBAL MULTI   2010-08-12 2012-09-19
PIMCO GLOBAL MULTI   2010-09-16 2012-09-17
PIMCO GLOBAL MULTI   2010-09-16 2012-09-17
PIMCO GLOBAL MULTI   2010-08-12 2012-09-17
PIMCO GLOBAL MULTI   2010-08-12 2012-09-17
PIMCO TOTAL RETURN FUND   2011-10-21 2012-09-17
PIMCO TOTAL RETURN FUND   2011-10-21 2012-09-17
PIMCO TOTAL RETURN FUND   2011-10-21 2012-09-17
PIMCO TOTAL RETURN FUND   2011-10-21 2012-08-13
PIMCO TOTAL RETURN FUND   2011-10-21 2012-08-13
JOHNSON AND JOHNSON COM   2010-08-17 2012-09-04
PIMCO TOTAL RETURN FUND   2011-10-21 2012-07-18
NEUBERGER BERMAN EQUITY   2012-01-05 2012-06-22
NEUBERGER BERMAN EQUITY   2011-09-02 2012-06-22
NEUBERGER BERMAN EQUITY   2011-09-02 2012-06-22
MICROSOFT CORP   2011-08-02 2012-09-17
MICROSOFT CORP   2011-08-02 2012-05-21
METLIFE INC COM   2012-05-07 2012-10-04
MEDTRONIC INC COM   2009-02-18 2012-09-17
MEDTRONIC INC COM   2009-01-14 2012-09-17
MCDONALDS CORP COM   2008-03-10 2012-09-17
MCDONALDS CORP COM   2006-04-18 2012-09-17
MATTHEWS ASIAN GROWTH   2011-01-11 2011-12-21
MATTHEWS ASIAN GROWTH   2011-01-11 2011-12-21
MATTHEWS ASIAN GROWTH   2010-08-12 2011-12-21
MARKET VECTORS ETF TR   2011-12-14 2012-01-06
MARATHON PETROLEUM CORP   2011-12-09 2011-12-21
LOOMIS SAYLES BOND FD   2012-08-08 2012-09-17
LOOMIS SAYLES BOND FD   2012-08-08 2012-09-17
KIMBERLY CLARK   2011-01-10 2012-09-17
JOHNSON AND JOHNSON COM   2011-12-21 2012-09-04
HARTFORD FLOATING RATE   2012-03-19 2012-09-17
JOHNSON AND JOHNSON COM   2009-05-04 2012-09-04
IVY ASSET STRATEGY   2011-09-22 2012-10-02
IVY ASSET STRATEGY   2011-09-22 2012-10-02
IVY ASSET STRATEGY   2011-10-14 2012-09-17
IVY ASSET STRATEGY   2011-09-22 2012-09-17
IVY ASSET STRATEGY   2011-09-22 2012-09-17
IVY ASSET STRATEGY   2011-10-14 2012-07-18
IVY ASSET STRATEGY   2011-09-22 2012-07-18
ISHARES HIGH DIV EQ FUND   2012-03-13 2012-06-14
ISHARES HIGH DIV EQ FUND   2012-03-13 2012-06-06
ISHARES HIGH DIV EQ FUND   2012-03-13 2012-05-23
ISHARES HIGH DIV EQ FUND   2012-03-13 2012-05-17
ISHARES SP CON ALLOCATI   2012-01-30 2012-03-20
ISHARES IBOXX   2011-09-22 2012-08-08
ISHARES IBOXX   2011-09-22 2012-05-21
ISHARES IBOXX   2011-06-24 2012-05-21
ISHARES IBOXX   2011-06-24 2012-03-19
ISHARES CORE TOTAL U.S.   2011-08-19 2012-03-27
ISHARES CORE TOTAL U.S.   2011-08-11 2012-03-27
ISHARES CORE TOTAL U.S.   2011-08-11 2012-03-19
ISHARES CORE TOTAL U.S.   2011-08-11 2012-01-30
ISHARES CORE TOTAL U.S.   2011-06-24 2012-01-30
ILLINOIS TOOL WORKS INC   2012-02-01 2012-07-16
IVA WORLDWIDE   2010-08-12 2012-10-02
IVA WORLDWIDE   2010-08-12 2012-10-02
IVA WORLDWIDE   2010-08-12 2012-10-02
IVA WORLDWIDE   2010-08-12 2012-09-17
IVA WORLDWIDE   2010-08-12 2012-09-17
IVA WORLDWIDE   2010-08-12 2012-09-17
IVA WORLDWIDE   2010-08-12 2012-07-18
IVA WORLDWIDE   2010-08-12 2012-07-18
HONEYWELL INTL INC DEL   2011-10-14 2012-09-17
PIMCO TOTAL RETURN FUND   2011-10-21 2012-07-18
PIMCO TOTAL RETURN FUND   2012-03-27 2012-05-21
PIMCO TOTAL RETURN FUND   2011-10-21 2012-05-21
PIMCO TOTAL RETURN FUND   2011-10-21 2012-05-21
PIMCO UNCONSTRAINED   2010-08-31 2011-11-30
PIMCO UNCONSTRAINED   2010-08-17 2011-11-30
PEPSICO INC   2012-01-04 2012-03-01
PEPSICO INC   2010-08-17 2011-11-01
PAYCHEX INC   2012-05-23 2012-09-17
PAYCHEX INC   2011-12-21 2012-01-04
PAYCHEX INC   2010-08-17 2012-01-04
NUVEEN TRADEWINDS VALUE   2011-01-11 2012-03-13
NUVEEN TRADEWINDS VALUE   2011-01-11 2012-03-13
NUVEEN TRADEWINDS VALUE   2010-08-12 2012-03-13
NEUBERGER BERMAN EQUITY   2012-01-05 2012-06-29
NEUBERGER BERMAN EQUITY   2012-01-05 2012-06-29
NEUBERGER BERMAN EQUITY   2011-09-09 2012-06-29
NEUBERGER BERMAN EQUITY   2011-09-02 2012-06-29
NEUBERGER BERMAN EQUITY   2011-09-02 2012-06-29
AIR PRODUCTSCHEM   2012-03-01 2012-05-23
ABBOTT LABS   2011-01-10 2012-09-17
ABBOTT LABS   2011-01-10 2012-05-21
ALPS ALERIAN MLP ETF   2011-12-14 2012-09-19
ALPS ALERIAN MLP ETF   2010-12-10 2012-09-19
ALPS ALERIAN MLP ETF   2010-12-10 2012-09-17
CAPITAL ONE FINL   2012-03-20 2012-05-07
BAXTER INTERNTL INC   2012-07-16 2012-09-17
BAXTER INTERNTL INC   2012-03-26 2012-05-23
AUTOMATIC DATA PROC   2010-08-17 2012-09-17
ARTIO GLOBAL HIGH INCOME   2012-01-30 2012-06-11
ARTIO GLOBAL HIGH INCOME   2012-01-30 2012-06-11
ALPS ALERIAN MLP ETF   2010-12-10 2012-08-10
ALPS ALERIAN MLP ETF   2010-12-10 2012-07-20
ARTIO GLOBAL HIGH INCOME   2012-01-30 2012-06-11
ARTIO GLOBAL HIGH INCOME   2011-11-30 2012-06-11
ARTIO GLOBAL HIGH INCOME   2011-11-30 2012-06-11
ARTIO GLOBAL HIGH INCOME   2011-10-21 2012-06-11
ARTIO GLOBAL HIGH INCOME   2011-10-21 2012-06-11
ARTIO GLOBAL HIGH INCOME   2011-10-14 2012-06-11
AMERICAN INTERNATIONAL   2012-02-15 2012-05-21
ALLIANZ NFJ INTERNATIONA   2012-06-29 2012-09-17
ALLIANZ NFJ INTERNATIONA   2012-06-22 2012-09-17
ALLIANZ NFJ INTERNATIONA   2012-06-22 2012-09-17
AIR PRODUCTSCHEM   2012-07-16 2012-09-17
VANGUARD INTL EQTY INDX   2011-10-27 2012-09-17
(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 881   714 167
b 15,092   21,550 -6,458
c 21,392   22,297 -905
d 2   2  
e 3,168   3,122 46
2   2  
4,998   4,992 6
3   2 1
2,626   2,373 253
21,784   21,408 376
4,367   4,595 -228
25,063   23,775 1,288
13,418   9,291 4,127
31,882   21,496 10,386
11,592   12,645 -1,053
4   4  
8,176   10,797 -2,621
19,568   20,834 -1,266
16   15 1
13,936   11,324 2,612
22   18 4
20   17 3
2,571   2,070 501
4   3 1
15,456   13,182 2,274
2,620   2,218 402
4   4  
2   1 1
3,155   2,858 297
738   488 250
8,769   9,135 -366
20,670   21,838 -1,168
9,508   9,678 -170
20,799   21,734 -935
6,583   6,351 232
5   5  
5   4 1
3,790   3,712 78
       
6,139   5,886 253
3   3  
9,410   9,102 308
10,586   10,230 356
1   1  
26,458   25,751 707
3   3  
23,497   18,598 4,899
573   458 115
2,096   1,834 262
28,463   21,314 7,149
20,839   21,501 -662
763   524 239
827   403 424
508   409 99
3,254   2,865 389
20,586   21,015 -429
555   523 32
38,719   44,323 -5,604
2,354   2,138 216
1,268   1,222 46
2,184   1,768 416
19,459   15,953 3,506
12,571   11,032 1,539
7,071   7,211 -140
20,985   18,068 2,917
1,179   961 218
1,408   1,069 339
360   341 19
892   595 297
2,262   1,858 404
3,164   2,910 254
2,321   2,348 -27
31,225   21,142 10,083
721   487 234
19,008   20,943 -1,935
10,203   10,191 12
20,699   21,882 -1,183
1,140   1,602 -462
2,422   3,266 -844
522   453 69
7   7  
2   2  
6,612   6,392 220
1,678   1,607 71
1   1  
22,703   20,729 1,974
509   488 21
33,938   31,699 2,239
812   717 95
6,607   6,870 -263
23,125   23,418 -293
12   11 1
7   6 1
105,002   100,765 4,237
2   2  
1,127   1,108 19
5   5  
1,274   1,219 55
5,989   5,574 415
1   1  
5   5  
3   2 1
24,997   23,488 1,509
17,127   15,028 2,099
4,999   4,693 306
1   1  
42,402   42,134 268
2   2  
778   686 92
17,933   16,622 1,311
21,651   21,452 199
258   207 51
560   420 140
92   54 38
553   208 345
13   15 -2
24,858   29,922 -5,064
75,400   82,779 -7,379
83,722   81,585 2,137
19,511   20,956 -1,445
4   4  
1,658   1,620 38
828   630 198
9,305   8,944 361
2   2  
5,731   4,563 1,168
6,254   5,456 798
11   9 2
3   2 1
2,416   2,079 337
1   1  
17   16 1
9,984   9,391 593
42,778   41,743 1,035
23,117   23,190 -73
17,759   17,980 -221
25,151   25,194 -43
85,584   84,930 654
150,452   142,806 7,646
693   683 10
347   334 13
73,602   71,804 1,798
147,600   148,100 -500
70,401   70,022 379
61,366   61,406 -40
7,085   6,980 105
79,260   77,156 2,104
29,556   32,063 -2,507
9   8 1
3   2 1
3,366   3,115 251
2   2  
14   13 1
2,332   2,137 195
4,992   4,831 161
8   8  
794   638 156
1   1  
3   3  
1,269   1,214 55
3   3  
10   11 -1
71,722   73,826 -2,104
29,571   31,527 -1,956
18,859   20,009 -1,150
549   482 67
8,517   8,292 225
23,505   20,078 3,427
33   33  
25,767   27,423 -1,656
83,430   78,871 4,559
38,738   37,749 989
11   11  
22,444   21,477 967
2,695   2,614 81
9   9  
28,003   32,466 -4,463
829   579 250
2,165   1,689 476
11,536   11,211 325
11,652   11,186 466
1,026   985 41
10,669   10,745 -76
546   494 52
27,740   32,245 -4,505
759   531 228
2   2  
66,382   67,084 -702
38,644   37,834 810
19,905   19,100 805
9   9  
71,300   70,922 378
9   9  
42,235   42,592 -357
9   9  
28,830   28,585 245
1,687   1,549 138
6   5 1
2,626   2,317 309
13   11 2
512   478 34
27     27
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       167
b       -6,458
c       -905
d        
e       46
       
      6
      1
      253
      376
      -228
      1,288
      4,127
      10,386
      -1,053
       
      -2,621
      -1,266
      1
      2,612
      4
      3
      501
      1
      2,274
      402
       
      1
      297
      250
      -366
      -1,168
      -170
      -935
      232
       
      1
      78
       
      253
       
      308
      356
       
      707
       
      4,899
      115
      262
      7,149
      -662
      239
      424
      99
      389
      -429
      32
      -5,604
      216
      46
      416
      3,506
      1,539
      -140
      2,917
      218
      339
      19
      297
      404
      254
      -27
      10,083
      234
      -1,935
      12
      -1,183
      -462
      -844
      69
       
       
      220
      71
       
      1,974
      21
      2,239
      95
      -263
      -293
      1
      1
      4,237
       
      19
       
      55
      415
       
       
      1
      1,509
      2,099
      306
       
      268
       
      92
      1,311
      199
      51
      140
      38
      345
      -2
      -5,064
      -7,379
      2,137
      -1,445
       
      38
      198
      361
       
      1,168
      798
      2
      1
      337
       
      1
      593
      1,035
      -73
      -221
      -43
      654
      7,646
      10
      13
      1,798
      -500
      379
      -40
      105
      2,104
      -2,507
      1
      1
      251
       
      1
      195
      161
       
      156
       
       
      55
       
      -1
      -2,104
      -1,956
      -1,150
      67
      225
      3,427
       
      -1,656
      4,559
      989
       
      967
      81
       
      -4,463
      250
      476
      325
      466
      41
      -76
      52
      -4,505
      228
       
      -702
      810
      805
       
      378
       
      -357
       
      245
      138
      1
      309
      2
      34
      27
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 68,369
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 287,011 3,854,162 000.074468
2009 286,746 3,737,094 000.076730
2008 251,628 3,587,939 000.070132
2007 320,167 4,800,348 000.066697
2006 222,228 5,159,305 000.043073
2 Total of line 1, column (d) ...................... 2 000.331100
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. . . 		3 000.066220
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 3,474,801
5 Multiply line 4 by line 3....................... 5 230,101
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,847
7 Add lines 5 and 6......................... 7 231,948
8 Enter qualifying distributions from Part XII, line 4.............. 8 424,678
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,847
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 1,847
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 1,847
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 1,282
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.............. Tax Paid Original Return: 1282 7 1,282
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 565
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    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 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbullet   Telephone no.bullet (609) 274-6834
    Located atbullet1300 MERRILL LYNCH DRIVEPENNINGTONNJ ZIP+4bullet085341501
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) Click to see attachment.........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    WILLIAM SCOTT PRESIDENT
    002.00     		0    
    5255 N TWIN CITY HWY
    NEDERLAND,TX77627
    GAY SCOTT SECRETARY/TREASURER
    002.00     		0    
    5255 N TWIN CITY HWY
    NEDERLAND,TX77627
    WILLIAM SCOTT VICE PRESIDENT
    002.00     		0    
    5255 N TWIN CITY HWY
    NEDERLAND,TX77627
    JAMES SCOTT VICE PRESIDENT
    002.00     		0    
    5255 N TWIN CITY HWY
    NEDERLAND,TX77627
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    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 NONE 0
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 NONE  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    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
    3,435,750
    b
    Average of monthly cash balances.......................
    1b
    91,967
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,527,717
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,527,717
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) Click to see attachment...........................
    4
    52,916
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,474,801
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    173,740
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    173,740
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    1,847
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,847
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    171,893
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    171,893
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    171,893
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment..........
    1a
    424,678
    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
    424,678
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    1,847
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    422,831
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7 171,893
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008....... 74,019
    d From 2009....... 104,527
    e From 2010....... 96,867
    fTotal of lines 3a through e......... 275,413
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 424,678
    a Applied to 2010, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount..... 171,893
    e Remaining amount distributed out of corpus 252,785
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 528,198
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		528,198
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008.... 74,019
    c Excess from 2009.... 104,527
    d Excess from 2010.... 96,867
    e Excess from 2011.... 252,785
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    GAY AND WILLIAM SCOTT
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    MARCH OF DIMES
    700 NORTH STREET
    BEAUMONT,TX77701     		NONE 501(C)(3) GENERAL OPERATING 500
    AMERICAN HEART ASSOCIATION
    7272 GREENVILLE AVENUE
    DALLAS,TX75231     		NONE 501(C)(3) GENERAL OPERATING 500
    PORT ARTHUR HIGHER EDUCATION FOUNDA
    1500 PROCTER STREET
    PORT ARTHUR,TX77640     		NONE 501(C)(3) GENERAL OPERATING 500
    LAMAR UNIVERSITY FOUNDATION
    PO BOX 11500
    BEAUMONT,TX77710     		NONE 501(C)(3) GENERAL OPERATING 7,000
    PORT ARTHUR INTERNATIONAL SEAMEN'S
    PO BOX 1646
    PORT ARTHUR,TX77641     		NONE 501(C)(3) GENERAL OPERATING 1,000
    PORT ARTHUR HISTORICAL SOCIETY
    701 4TH AVE
    PORT ARTHUR,TX77642     		NONE 501(C)(3) GENERAL OPERATING 500
    BIRTHRIGHT OF BEAUMONT
    2626 CALDER AVE STE 201
    BEAUMONT,TX77702     		NONE 501(C)(3) GENERAL OPERATING 1,500
    INJURED MARINE SEMPER FI FUND
    825 COLLEGE BLVD
    OCEANSIDE,CA92057     		NONE 501(C)(3) GENERAL OPERATING 5,000
    MASON CASA
    PO BOX 130
    MASON,TX76856     		NONE 501(C)(3) GENERAL OPERATING 500
    MASON TENNIS ASSOCIATION
    PO BOX 865
    MASON,TX76856     		NONE 501(C)(3) GENERAL OPERATING 1,500
    MONSIGNOR KELLY CATHOLIC HIGH SCHOO
    5950 KELLY DRIVE
    BEAUMONT,TX77707     		NONE 501(C)(3) GENERAL OPERATING 40,800
    ST CHARLES ACTS
    130 HARDY AVE
    NEDERLAND,TX77627     		NONE 501(C)(3) GENERAL OPERATING 250
    EQUESTRIAN ORDER OF THE HOLY SEPULC
    2001 KIRBY DRIVE SUITE 902
    HOUSTON,TX77019     		NONE 501(C)(3) GENERAL OPERATING 2,500
    ST CATHERINE CATHOLIC SCHOOL
    3840 WOODROW DRIVE
    PORT ARTHUR,TX77642     		NONE 501(C)(3) GENERAL OPERATING 2,798
    ST ANNE CATHOLIC CHURCH
    2715 CALDER AVE
    BEAUMONT,TX77702     		NONE 501(C)(3) GENERAL OPERATING 21,000
    LAW ACADEMY INC
    1909 JEFFERSON DR
    PORT ARTHUR,TX77642     		NONE 501(C)(3) GENERAL OPERATING 2,500
    PORT ARTHUR YMCA
    6760 9TH AVE
    PORT ARTHUR,TX77642     		NONE 501(C)(3) GENERAL OPERATING 10,000
    THREE RIVERS COUNCIL BOY SCOUTS OF
    4650 CARDINAL DR
    BEAUMONT,TX77705     		NONE 501(C)(3) GENERAL OPERATING 42,325
    OA HASINAI LODGE
    4650 CARDINAL DR
    BEAUMONT,TX77705     		NONE 501(C)(3) GENERAL OPERATING 1,000
    EASTER SEALS WALK WITH ME HOUSTON
    4500 BISSONNET
    BELLAIRE,TX77401     		NONE 501(C)(3) GENERAL OPERATING 5,000
    BAPTIST HOSPITAL
    PO BOX 1591
    BEAUMONT,TX77704     		NONE 501(C)(3) GENERAL OPERATING 10,000
    ST ANTHONY CATHEDRAL BASILICA
    PO BOX 3309
    BEAUMONT,TX77704     		NONE 501(C)(3) GENERAL OPERATING 3,000
    SYMPHONY OF SOUTHEAST TEXAS
    4345 PHELAN BLVD STE 105
    BEAUMONT,TX77707     		NONE 501(C)(3) GENERAL OPERATING 2,500
    CATHOLIC CHARITIES OF SOUTHEAST TEX
    2780 EASTEX FREEWAY
    BEAUMONT,TX77703     		NONE 501(C)(3) GENERAL OPERATING 7,500
    SAM HOUSTON STATE UNIVERSITY
    1903 UNIVERSITY AVE
    HUNTSVILLE,TX77340     		NONE 501(C)(3) GENERAL OPERATING 1,000
    ART MUSEUM OF SOUTHEAST TEXAS
    500 MAIN STREET
    BEAUMONT,TX77701     		NONE 501(C)(3) GENERAL OPERATING 2,600
    SOUTHERN METHODIST UNIVERSITY
    PO BOX 750261
    DALLAS,TX75275     		NONE 501(C)(3) GENERAL OPERATING 155,000
    TEXAS TECH UNIVERSITY FBO JORDAN CE
    PO BOX 41102
    LUBBOCK,TX79409     		NONE 501(C)(3) GENERAL OPERATING 7,500
    CHRISTUS HEALTH FOUNDATION OF SOUTH
    2830 CALDER AVE
    BEAUMONT,TX77702     		NONE 501(C)(3) GENERAL OPERATING 1,000
    ALZHEIMER'S ASSOCIATION
    3195 CALDER AVE STE 200
    BEAUMONT,TX77702     		NONE 501(C)(3) GENERAL OPERATING 1,000
    SYMPHONY LEAGUE OF BEAUMONT
    PO BOX 12576
    BEAUMONT,TX77726     		NONE 501(C)(3) GENERAL OPERATING 2,000
    TEXAS ENERGY MUSEUM
    600 MAIN STREET
    BEAUMONT,TX77701     		NONE 501(C)(3) GENERAL OPERATING 10,000
    JULIE RODGERS GIFT OF LIFE
    148 S DOWLEN RD PMB 46
    BEAUMONT,TX77707     		NONE 501(C)(3) GENERAL OPERATING 2,000
    GARTH HOUSE
    1895 MCFADDIN STREET
    BEAUMONT,TX77701     		NONE 501(C)(3) GENERAL OPERATING 1,000
    TOGETHER FOR GOD'S GOOD WORK - BISH
    710 ARCHIE STREET
    BEAUMONT,TX77701     		NONE 501(C)(3) GENERAL OPERATING 50,000
    SOUTHEAST TEXAS FOOD BANK
    PO BOX 21012
    BEAUMONT,TX77720     		NONE 501(C)(3) GENERAL OPERATING 500
    COURT APPOINTED SPECIAL ADVOCATES
    2449 CALDER AVE
    BEAUMONT,TX77702     		NONE 501(C)(3) GENERAL OPERATING 8,000
    Total .................................bullet 3a 411,273
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments          
    4 Dividends and interest from securities....     14 134,471  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 68,369  
    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)..   202,840  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13202,840
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 11000218
    Software Version: 2012.0.0
    Part VI Line 7 - Tax Paid Original Return: 1282


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
     
    Employer identification number

    20-3797595
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
          		Employer identification number

    20-3797595
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
          		Employer identification number

    20-3797595
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
          		Employer identification number

    20-3797595
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID: 11000218
    Software Version: 2012.0.0

    TY 2011 AccountingFeesSchedule
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREP FEES 2,500     2,500

    TY 2011 AllOthProgRltdInvestmentsSch
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Category Amount
    NONE  

    TY 2011 GeneralExplanationAttachment
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Identifier Return Reference Explanation

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 679,655 773,751

    TY 2011 InvestmentsOtherSchedule2
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS   2,525,008 2,648,842

    TY 2011 OtherDecreasesSchedule
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Description Amount
    COST BASIS ADJUSTMENT 1,728


    TY 2011 OtherExpensesSchedule
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 7 7    


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MERRILL LYNCH AS AGENT FEES 27,262 16,357   10,905


    TY 2011 TaxesSchedule
    Name:
    GAY D & WILLIAM F SCOTT FAMILY FOUNDATION
    EIN: 20-3797595
    Software ID:11000218
    Software Version:2012.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ESTIMATED EXCISE TAX PAID 246 0 0 0
    FOREIGN TAX WITHHELD 851 851 0 0