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 07-01-2011 , and ending 06-30-2012
G
Check all that apply:
Name of foundation
The Mary Peace Sterling Foundation
 

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

57-1114028
B Telephone number (see page 10 of the instructions)

(800) 839-1754
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,398,013J 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 122 122  
4 Dividends and interest from securities...... 69,307 69,307  
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 33,289
b Gross sales price for all assets on line 6a 845,246
7 Capital gain net income (from Part IV, line 2)... 33,289
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 29 29  
12 Total. Add lines 1 through 11........ 102,747 102,747  
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).......        
c Other professional fees (attach schedule).... Click to see attachment 21,418 21,418    
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 4,925 3,525    
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 15,635 443   15,192
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,978 25,386   15,192
25 Contributions, gifts, grants paid........ 122,000 122,000
26 Total expenses and disbursements. Add lines 24 and 25 163,978 25,386   137,192
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -61,231
b Net investment income (if negative, enter -0-) 77,361
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 Savings and temporary cash investments.......... 100,371 179,674 179,674
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)........ 2,249,912 Click to see attachment2,109,378 2,218,339
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis 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) 2,350,283 2,289,052 2,398,013
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.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 2,350,283 2,289,052
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,350,283 2,289,052
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,350,283 2,289,052
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,350,283
2 Enter amount from Part I, line 27a..................... 2 -61,231
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,289,052
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 2,289,052
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 Publicly-traded Securities      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 845,246   811,957 33,289
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       33,289
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 33,289
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 101,954 2,427,987 000.041991
2009 106,990 2,181,170 000.049052
2008 170,285 2,105,687 000.080869
2007 142,853 3,388,287 000.042161
2006 174,139 3,508,804 000.049629
2 Total of line 1, column (d) ...................... 2 000.263702
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. . . 		3 000.052740
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 2,377,770
5 Multiply line 4 by line 3....................... 5 125,404
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 774
7 Add lines 5 and 6......................... 7 126,178
8 Enter qualifying distributions from Part XII, line 4.............. 8 137,192
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 1 774
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............................ 3 774
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- ..... 5 774
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a 1,454
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: 1454 7 1,454
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 10 680
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet680 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 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 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
    Yes
     
    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
    Mary Peace Sterling Trustee
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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
     
    2  
    3  
    4  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................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
    2,300,033
    b
    Average of monthly cash balances.......................
    1b
    113,947
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,413,980
    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
    2,413,980
    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
    36,210
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,377,770
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    118,889
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    118,889
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
    774
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    774
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    118,115
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    118,115
    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
    118,115
    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
    137,192
    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
    137,192
    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
    774
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    136,418
    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 7 118,115
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only....... 116,602
    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.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$ 137,192
    a Applied to 2010, but not more than line 2a 116,602
    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..... 20,590
    e Remaining amount distributed out of corpus  
    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  
    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 ..........     		97,525
    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 ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Mary Peace Sterling
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CHRIST CHURCH EPISCOPAL SCHOOL
    245 CAVALIER DR
    GREENVILLE,SC29607     		N/A 509(a)(1) General Unrestricted 1,000
    DINING FOR WOMEN
    PO BOX 25633
    GREENVILLE,SC29616     		N/A 509(a)(1) General Unrestricted 5,000
    FURMAN UNIVERSITY
    3300 POINSETT HWY
    GREENVILLE,SC29613     		N/A 509(a)(1) Richard Furman Society 10,000
    GOVERNORS SCHOOL FOR THE ARTS FDN I
    PO BOX 8458
    GREENVILLE,SC29604     		N/A 509(a)(1) General Unrestricted 1,000
    GREENVILLE FORWARD
    24 CLEVELAND ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 15,000
    GREENVILLE LITERACY ASSOCIATION INC
    225 S PLEASANTBURG DR STE C-10
    GREENVILLE,SC29607     		N/A 509(a)(1) General Unrestricted 5,000
    GREENVILLE SYMPHONY ASSOCIATION
    200 S MAIN ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 5,000
    MEALS ON WHEELS FOR SR CITIZENS FUN
    15 OREGON ST
    GREENVILLE,SC29605     		N/A 509(a)(2) General Unrestricted 5,000
    METROPOLITAN ARTS COUNCIL
    16 AUGUSTA ST
    GREENVILLE,SC29601     		N/A 509(a)(2) General Unrestricted 5,000
    PEACE CENTER FOUNDATION
    101 W BROAD ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 15,000
    TRIUNE MERCY CENTER
    PO BOX 3844
    GREENVILLE,SC29608     		N/A 509(a)(1) General Unrestricted 15,000
    UNITED WAY OF GREENVILLE COUNTY INC
    105 EDINBURGH COURT
    GREENVILLE,SC29607     		N/A 509(a)(1) General Unrestricted 15,000
    UPCOUNTRY HISTORY MUSEUM
    540 BUNCOMBE ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 15,000
    UPSTATE FOREVER
    507 PETTIGRU ST
    GREENVILLE,SC29601     		N/A 509(a)(1) General Unrestricted 10,000
    Total .................................bullet 3a 122,000
    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     14 122  
    4 Dividends and interest from securities....     14 69,307  
    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 33,312  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aForeign Tax Refund     01 6  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   102,747  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13102,747
    (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: 2011.0.0
    Part VI Line 7 - Tax Paid Original Return: 1454


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2011 GeneralExplanationAttachment
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:11000218
    Software Version:2011.0.0
    Identifier Return Reference Explanation

    TY 2011 InvestmentsCorpStockSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:11000218
    Software Version:2011.0.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    175 shares of AARONS INC. AAN 3,016 4,954
    443 shares of ABAXIS, INC ABAX 9,317 16,391
    105 shares of ABBOTT LABS ABT 5,861 6,769
    133 shares of ACCENTURE PLC ACN 7,454 7,992
    90 shares of ACUITY BRANDS INC AYI 3,453 4,582
    120 shares of ADVISORY BOARD COMPANY THE ABCO 2,333 5,951
    1546 shares of AEGON N V ORD AMER REG AEG 20,431 7,143
    102 shares of AFFILIATED MANAGERS GROUP AMG 4,483 11,164
    290 shares of ALLSTATE CORP ALL 12,789 10,176
    23 shares of AMAZON COM AMZN 3,918 5,252
    390 shares of AMEREN CORPORATION AEE 18,288 13,081
    435 shares of AMERICA MOVIL SA AMX 10,014 11,336
    288 shares of AMERICAN ELECTRIC POWER INC. AEP 11,893 11,491
    261 shares of AMERIPRISE FINANCIAL INC AMP 11,188 13,640
    151 shares of AMETEK INC. AME 3,607 7,536
    632 shares of ANNALY MTG MGMT INC. COM NLY 10,280 10,605
    555 shares of ANSYS INC. ANSS 17,001 35,025
    35 shares of APPLE INC. AAPL 11,312 20,440
    348 shares of APTAR GROUP INC ATR 12,252 17,765
    235 shares of ASTELLAS PHARMA INC ALPMY 8,563 10,237
    319 shares of ASTRAZENECA AZN 14,118 14,275
    340 shares of ATT CORP COM T 8,394 12,124
    300 shares of BANK NEW YORK MELLON CORP COM BK 6,570 6,585
    1148 shares of BANK OF AMERICA CORP BAC 12,713 9,391
    283 shares of BARRICK GOLD CORP COM ABX 13,579 10,632
    68 shares of BIO RAD LABS INC CL A BIO 4,514 6,801
    83 shares of BIOGEN IDEC INC BIIB 8,605 11,984
    507 shares of BLACKBAUD INC BLKB 6,246 13,015
    44 shares of BORG WARNER INC. BWA 3,206 2,886
    1220 shares of BOSTON SCIENTIFIC BSX 18,225 6,917
    315 shares of BP PLC SPONSORED ADR BP 13,892 12,770
    590 shares of BROWN BROWN INC. BRO 10,819 16,089
    456 shares of CA INC. CA 11,930 12,353
    148 shares of CABOT MICROELECTRONICS CORPORATION CCMP 7,420 4,323
    185 shares of CANON INC. CAJ 6,601 7,389
    160 shares of CAPITAL ONE FINANCIAL CORP COF 7,795 8,746
    39 shares of CARBO CERAMICS INC CRR 1,285 2,992
    151 shares of CARLISLE COS INC CSL 5,204 8,006
    291 shares of CARMAX INC KMX 5,779 7,549
    2655 shares of CARREFOUR S.A. CRRFY 21,363 9,266
    785 shares of CENTRAIS ELECTRICAS BRASIL BRASILEIRAS EBR 5,731 5,519
    86 shares of CHECK POINT SOFTWARE TECHNOLOGIES LTD CHKP 4,997 4,265
    875 shares of CHESAPEAKE ENERGY CORPORATION CHK 18,354 16,275
    130 shares of CHEVRON CORP CVX 6,825 13,715
    11 shares of CHIPOLTE MEX GRILL CMG 1,954 4,179
    102 shares of CHURCH DWIGHT COMMON CHD 2,925 5,658
    701 shares of CISCO SYSTEMS INC CSCO 11,585 12,036
    297 shares of CITIGROUP INC C 7,091 8,141
    260 shares of CITY NATL CP CYN 11,713 12,631
    135 shares of CLARCOR INC CLC 6,298 6,502
    625 shares of COHEN STEERS INC CNS 17,323 21,569
    49 shares of COLUMBIA SPORTSWEAR CO. COLM 1,868 2,627
    265 shares of COMPUTER PROGRAMS AND SYSTEMS, INC CPSI 10,202 15,163
    447 shares of CONOCOPHILLIPS COP 20,918 24,978
    1062 shares of COPART INC. CPRT 19,184 25,159
    865 shares of CORNING INC GLW 14,921 11,184
    320 shares of CRH PLC - AMERICAN DEPOSITARY SHARES CRH 5,425 6,157
    511 shares of CSX CORP CSX 11,719 11,426
    49 shares of CULLEN FROST BANKERS INC CFR 2,888 2,817
    31 shares of CUMMINS INC CMI 3,013 3,004
    410 shares of DAIICHI SANKYO CO LTD SPONSORED ADR LEVEL 1 DSNKY 9,060 6,872
    251 shares of DENTSPLY INTERNATIONAL INC XRAY 6,649 9,490
    970 shares of DEUTSCHE TELE AG ADS DTEGY 16,518 10,602
    118 shares of DOLLAR TREE INC. DLTR 4,855 6,348
    40 shares of DRIL QUIP INC DRQ 2,642 2,624
    241 shares of DU PONT DE NEMOURS DD 12,659 12,187
    255 shares of ELI LILLY CO LLY 8,400 10,942
    410 shares of ENI S.P.A. E 17,540 17,433
    216 shares of ENSCO PLC ESV 11,179 10,146
    155 shares of EQUIFAX INC. EFX 5,109 7,223
    975 shares of ERICSSON L M TEL CO ERIC 11,052 8,902
    373 shares of EXPONENT, INC EXPO 10,296 19,706
    216 shares of FACTSET RESH SYST INC. FDS 13,726 20,075
    196 shares of FAIR ISSAC CO INC. FICO 2,811 8,287
    623 shares of FEDERATED INVESTRS B FII 14,161 13,613
    235 shares of FLIR SYSTEMS INC FLIR 5,930 4,583
    319 shares of FOREST CITY ENTERPRISES CL A FCE-A 1,936 4,657
    1215 shares of FRANCE TELECOM ADS FTE 25,636 15,929
    339 shares of FREEPORT-MCMORAN COPPER GOLD INC. FCX 13,648 11,550
    465 shares of FUJIFILM HOLDINGS FUJIY 13,531 8,742
    40 shares of FUSION-IO INC FIO 1,092 836
    1065 shares of GENERAL ELECTRIC CO GE 16,803 22,195
    258 shares of GENTEX CORPORATION GNTX 6,845 5,384
    260 shares of GLAXOSMITHKLINE PLC GSK 13,625 11,848
    9 shares of GOOGLE INC CL A GOOG 5,525 5,221
    100 shares of GRACO INC GGG 1,633 4,608
    14 shares of GRAINGER W W INC. GWW 2,513 2,677
    242 shares of HAEMONETICS CP HAE 12,456 17,935
    255 shares of HALLIBURTON COMPANY HAL 9,815 7,239
    320 shares of HARRIS CORP DEL HRS 13,111 13,392
    340 shares of HCC INS HLDGS INC. HCC 9,653 10,676
    738 shares of HENRY JACK ASSOC INC. JKHY 15,279 25,476
    118 shares of HENRY SCHEIN INC HSIC 4,728 9,262
    540 shares of HEWLETT PACKARD CO HPQ 12,829 10,859
    361 shares of HITTITE MICROWAVE CORPORATION HITT 18,881 18,454
    190 shares of HONDA MOTOR CO LTD HMC 7,165 6,585
    1715 shares of HUDSON CITY BANCORP INC COMMON HCBK 17,145 10,925
    90 shares of HUNT J B JBHT 3,492 5,364
    155 shares of IDEX CP IEX 2,949 6,042
    1135 shares of INTEL CORP INTC 20,812 30,247
    737 shares of INTERNATIONAL PAPER CO. IP 20,510 21,307
    830 shares of INTESA SANPAOLO S/ADR ISNPY.PK 14,039 7,080
    19 shares of INTUITIVE SURGICAL, INC. ISRG 5,425 10,522
    565 shares of J SAINSBURY PLC S/ADR JSAIY 12,414 10,633
    159 shares of JACOBS ENGINEERNG GP JEC 6,399 6,020
    193 shares of JOHNSON JOHNSON JNJ 11,392 13,039
    691 shares of JP MORGAN CHASE CO JPM 25,608 24,689
    385 shares of KEYCORP KEY 4,521 2,980
    145 shares of KIMBERLY CLARK CORP KMB 9,068 12,147
    117 shares of KINDER MORGAN HOLDCO LLC WARRANTS - EXP 02/15/2017 KMI-WT 235 253
    76 shares of KINDER MORGAN INC KMI 2,578 2,449
    151 shares of KIRBY CORPORATION KEX 4,655 7,109
    620 shares of KONINKLIJKE AHOLD AHONY 6,298 7,682
    495 shares of KROGER CO KR 10,332 11,479
    240 shares of LANDSTAR SYSTEM LSTR 11,346 12,413
    89 shares of LIMITED BRANDS INC LTD 4,130 3,785
    230 shares of LINCOLN ELECTRIC HOLDING INC. LECO 3,931 10,072
    20 shares of LINKEDIN CORPORATION CLASS A LNKD 1,753 2,125
    310 shares of LKQ CORPORATION LKQ 5,889 10,345
    140 shares of LOCKHEED MARTIN CORP LMT 11,596 12,191
    150 shares of LUKOIL HOLDING CO SP/ADR LUKOY 7,884 8,412
    100 shares of LYONDELLBASELL INDUSTRIES NV LYB 3,901 4,027
    374 shares of MARATHON OIL CORP COM MRO 7,897 9,563
    32 shares of MARKEL CORP MKL 9,210 14,134
    950 shares of MARKS SPENCER GRP ADR MAKSY 9,674 9,728
    200 shares of MARSH AND MCLENNAN COMPANIES INC MMC 4,375 6,446
    870 shares of MASCO CORP MAS 13,982 12,067
    15 shares of MASTERCARD INC MA 5,278 6,452
    395 shares of MATTELL INC. MAT 10,404 12,814
    280 shares of MEDTRONIC INC MDT 9,535 10,844
    600 shares of MERCK CO INC. MRK 20,593 25,050
    354 shares of METLIFE INC. MET 10,282 10,921
    22 shares of METTLER-TOLEDO INTL MTD 1,005 3,429
    595 shares of MICROSOFT CORPORATION MSFT 14,328 18,201
    1670 shares of MITSUBISHI TOKYO FIN MTU 17,301 7,933
    86 shares of MONSANTO CO MON 6,224 7,119
    65 shares of MONSTER BEVERAGE CORP MNST 2,988 4,628
    185 shares of MORNINGSTAR, INC. MORN 7,431 10,700
    153 shares of NATL OILWELL VARCO NOV 10,939 9,859
    730 shares of NEWS CORP CL A NWS-A 11,744 16,268
    123 shares of NIELSEN HOLDINGS N.V. COMMON STOCK NLSN 3,498 3,225
    770 shares of NIPPON TELEPHONE ADR NTT 17,741 17,818
    185 shares of NORTHROP GRUMMAN CORP NOC 8,404 11,801
    102 shares of OREILLY AUTOMOTIVE INC. ORLY 5,262 8,545
    117 shares of OCCIDENTAL PETROLEUM CORP OXY 11,935 10,035
    83 shares of OCEANERING INTL INC OII 1,404 3,972
    464 shares of OI S.A. ADR OIBR 14,043 5,726
    217 shares of OI SA OIBR-C 3,396 1,009
    688 shares of OWENS AND MINOR INC OMI 21,816 21,073
    57 shares of PALL CP PLL 2,527 3,124
    489 shares of PEPSICO INC PEP 30,702 34,552
    1131 shares of PFIZER INC. PFE 25,173 26,013
    377 shares of PHILLIPS 66 PSX 11,196 12,531
    817 shares of PITNEY BOWES INC. PBI 17,372 12,230
    424 shares of PNC FINANCIAL GROUP INC. PNC 31,760 25,911
    607 shares of POOL CORPORATION - COMMON STOCK POOL 12,637 24,559
    1050 shares of PORTUGAL TELECOM SGPS PT 11,008 4,673
    50 shares of PRECISION CASTPARTS PCP 5,790 8,225
    11 shares of PRICELINE.COM INCORPORATED PCLN 5,152 7,310
    199 shares of R L I CP RLI 11,464 13,572
    781 shares of R R DONNELLEY SONS CO RRD 19,467 9,192
    48 shares of RALPH LAUREN CORP RL 6,223 6,723
    201 shares of RBC BEARINGS INCORPORATED ROLL 3,989 9,507
    73 shares of RED HAT, INC RHT 3,201 4,123
    297 shares of REYNOLDS AMERN INC RAI 5,827 13,326
    342 shares of ROLLINS INC ROL 3,919 7,651
    214 shares of ROSS STORES, INC. ROST 8,181 13,369
    160 shares of ROYAL DUTCH SHELL PLC RDS-A 13,144 10,789
    545 shares of SAFEWAY INCSWY 11,089 9,892
    331 shares of SALLY BEAUTY HLDG SBH 1,656 8,520
    275 shares of SANOFI-AVENTIS SPONSORED ADR SNY 11,230 10,390
    96 shares of SEATTLE GENETICS, INC. SGEN 1,857 2,437
    285 shares of SEI INVESTMENTS SEIC 3,381 5,669
    271 shares of SENSATA TECHNOLOGIES HOLDINGS ST 6,702 7,257
    95 shares of SEVEN I HOLDINGS C SVNDY 4,611 5,706
    85 shares of SOLERA HOLDINGS INC SLH 4,507 3,552
    395 shares of SONY CORP ADR SNE 12,929 5,625
    67 shares of STANLEY BLACK DECKER INC SWK 5,198 4,312
    205 shares of STATE STREET CORPORATION STT 8,436 9,151
    282 shares of STEINER LEISURE LIMITED - COMMON SHARES STNR 12,148 13,088
    1410 shares of STMICROELECTRONICS STM 19,189 7,670
    384 shares of SUPERVALU INC SVU 12,318 1,989
    165 shares of SWISS RE LTD-SPN ADR SSREY 9,660 10,461
    365 shares of TAKEDA PHARMACEUTICAL CO LTD TKPYY 8,441 8,286
    190 shares of TE CONNECTIVITY LTD TEL 6,724 6,063
    265 shares of TECHNE CORPORATION TECH 15,905 19,663
    1615 shares of TELECOM ITALIA ADR TI 38,628 15,908
    360 shares of TELEFONICA S A ADR TEF 4,977 4,716
    92 shares of TESLA MOTORS INC TSLA 2,847 2,879
    73 shares of TIM PARTICIPACOES S A SPONSORED ADR REPSTG PFD TSU 899 2,005
    339 shares of TIME WARNER INC. TWX 10,684 13,052
    300 shares of TOKIO MARINE HOLDINGS INC TKOMY 8,103 7,515
    118 shares of TORO CO TTC 7,761 8,648
    878 shares of TOTAL FINA ELF S.A. TOT 52,551 39,465
    85 shares of TOYOTA MTR CORP TM 6,705 6,841
    52 shares of TRANSDIGM GRP INC TDG 5,166 6,984
    190 shares of TRAVELERS COMPANIES INC TRV 6,800 12,130
    55 shares of ULTA SALON, COSMETICS FRAGRANCE, INC. ULTA 2,869 5,136
    398 shares of UMPQUA HOLDINGS CORPORATION UMPQ 5,169 5,238
    390 shares of UNILEVER N V N Y UN 9,403 13,007
    455 shares of VALERO ENERGY CORP VLO 7,983 10,988
    122 shares of VARIAN MEDICAL SYSTEMS INC VAR 5,995 7,414
    100 shares of VERISK ANALYTICS, INC VRSK 3,227 4,926
    143 shares of VIACOM INC. CL B VIA-B 6,404 6,724
    58 shares of VMWARE INC VMW 5,832 5,280
    175 shares of WAL-MART STORES INC. WMT 9,455 12,201
    853 shares of WELLS FARGO CO. WFC 37,849 28,523
    280 shares of WESTERN DIGITAL CORP WDC 7,243 8,534
    59 shares of WEX INC WXS 2,900 3,641
    183 shares of WHIRLPOOL CORP WHR 11,635 11,192
    184 shares of WILEY JOHN SONS INC CL A JW-A 6,665 9,014
    74 shares of WYNN RESORTS LIMITED COMMON WYNN 10,130 7,675
    2645 shares of XEROX CP XRX 32,380 20,816
    107 shares of YUM BRANDS INC YUM 5,478 6,893

    TY 2011 OtherExpensesSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:11000218
    Software Version:2011.0.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 15,192     15,192
    Bank Charges 443 443    


    TY 2011 OtherIncomeSchedule2
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:11000218
    Software Version:2011.0.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Foreign Tax Refund 6 6  
    Lazard Ltd K-1 Pass-Through Share of Partnership Income 23 23  


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:11000218
    Software Version:2011.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 21,418 21,418    


    TY 2011 TaxesSchedule
    Name:
    The Mary Peace Sterling Foundation
    EIN: 57-1114028
    Software ID:11000218
    Software Version:2011.0.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2012 1,400 0 0 0
    Foreign Tax Paid 3,525 3,525 0 0