Form990-PF

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

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

20-2031200
B Telephone number (see instructions)

(800) 839-1754
C bullet
G Check all that apply:

D 1. bullet
2. bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$816,083J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 43 43  
4 Dividends and interest from securities...... 23,169 23,169  
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 44,526
b Gross sales price for all assets on line 6a 669,277
7 Capital gain net income (from Part IV, line 2)... 44,526
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 9 9  
12 Total. Add lines 1 through 11........ 67,747 67,747  
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 10,224 10,224    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 571 471    
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 8,325 98   8,227
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 19,120 10,793   8,227
25 Contributions, gifts, grants paid........ 73,400 73,400
26 Total expenses and disbursements. Add lines 24 and 25 92,520 10,793   81,627
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -24,773
b Net investment income (if negative, enter -0-) 56,954
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 22,423 38,886 38,886
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) 128,295 107,834 110,609
b Investments—corporate stock (attach schedule)........ 505,591 Click to see attachment514,550 610,906
c Investments—corporate bonds (attach schedule)........ 80,755 Click to see attachment51,021 55,682
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) 737,064 712,291 816,083
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 737,064 712,291
30 Total net assets or fund balances (see page 17 of the
instructions).................... 737,064 712,291
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 737,064 712,291
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)............... 1 737,064
2 Enter amount from Part I, line 27a..................... 2 -24,773
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 712,291
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. 6 712,291
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
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 669,277   624,751 44,526
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       44,526
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 44,526
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 127,417 860,230 000.148120
2010 36,524 876,206 000.041684
2009 63,645 788,414 000.080725
2008 25,650 938,298 000.027337
2007 76,940 1,060,832 000.072528
2 Total of line 1, column (d) ...................... 2 000.370394
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. . . 		3 000.074079
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 810,498
5 Multiply line 4 by line 3....................... 5 60,041
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 570
7 Add lines 5 and 6......................... 7 60,611
8 Enter qualifying distributions from Part XII, line 4.............. 8 81,627
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 570
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............................ 3 570
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- ..... 5 570
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 448
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: 448 7 448
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 9 122
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 2013 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 instructions)
    bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Christina E Haglund VP / Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Erick J Haglund VP / Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Melissa Haglund VP / Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Michael E Haglund Pres / Dir / Sec
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Molly G Haglund VP / Dir
    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 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 instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    791,619
    b
    Average of monthly cash balances.......................
    1b
    31,222
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    822,841
    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
    822,841
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    12,343
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    810,498
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    40,525
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    40,525
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    570
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    570
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    39,955
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    39,955
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    39,955
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 Click to see attachment..........
    1a
    81,627
    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
    81,627
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    570
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    81,057
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2011     		(c)
    2011     		(d)
    2012
    1 Distributable amount for 2012 from Part XI, line 7 39,955
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011....... 67,268
    fTotal of lines 3a through e......... 67,268
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 81,627
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 39,955
    e Remaining amount distributed out of corpus 41,672
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 108,940
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		108,940
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011.... 67,268
    e Excess from 2012.... 41,672
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Melissa Haglund
    Michael E Haglund
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ALL SAINTS PARISH
    3847 NE GLISAN ST
    PORTLAND,OR97232     		N/A 509a1 General Unrestricted 3,000
    ALL SAINTS PARISH
    3847 NE GLISAN ST
    PORTLAND,OR97232     		N/A 509a1 All Saints School 20,000
    ALL SAINTS PARISH
    3847 NE GLISAN ST
    PORTLAND,OR97232     		N/A 509a1 All Saints School Scholarships Fund 3,000
    BLANCHET HOUSE OF HOSPITALITY
    1500 NE IRVING ST STE 440
    PORTLAND,OR97232     		N/A 509a1 Capital Campaign 5,000
    CENTRAL CATHOLIC HIGH SCHOOL
    2401 SE STARK ST
    PORTLAND,OR97214     		N/A 509a1 CCHS Capital Campaign 40,000
    FRIENDS OF OUTDOOR SCHOOL
    PO BOX 82684
    PORTLAND,OR97282     		N/A 509a1 General Unrestricted 500
    KBOO FOUNDATION
    20 SE 8TH AVE
    PORTLAND,OR97214     		N/A 509a1 General Unrestricted 300
    PLANNED PARENTHOOD
    3727 NE ML KING JR BLVD
    PORTLAND,OR97212     		N/A 509a1 General Unrestricted 1,000
    VALENTINO ACHAK DENG FOUNDATION
    849 VALENCIA ST
    SAN FRANCISCO,CA94110     		N/A 509a1 General Unrestricted 600
    Total .................................bullet 3a 73,400
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 43  
    4 Dividends and interest from securities....     14 23,169  
    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 44,526  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aForeign Tax Refund     01 9  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   67,747  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1367,747
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 12000057
    Software Version: 12.13.328.3
    Part VI Line 7 - Tax Paid Original Return: 448


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded Securities         669,277 624,751     44,526  

    TY 2012 GeneralExplanationAttachment
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ASTRAZENECA PLC NT - 5.900 - 09/15/2017 2,016 2,430
    ATT INC GLBL NT - 3.000 - 02/15/2022 2,001 2,080
    BERKSHIRE HATHAWAY FIN CORP - 1.600 - 05/15/2017 2,047 2,039
    BP CAPITAL MARKETS PLC NT - 1.700 - 12/05/2014 2,016 2,042
    CANADIAN NAT RES LTD NT - 5.700 - 05/15/2017 1,964 2,356
    CATERPILLAR FINL SVCS MTNS - 7.150 - 02/15/2019 1,268 1,302
    CITIGROUP INC SUB NT - 5.000 - 09/15/2014 2,935 3,156
    COMCAST CORP NT - 6.300 - 11/15/2017 1,013 1,227
    DAIMLERCHRYSLER N. AMER - 6.500 - 11/15/2013 3,166 3,149
    DIRECTV HLDGS LLC / DIRECTV - 3.500 - 03/01/2016 2,030 2,119
    ENTERPRISE PRODUCTS BD - 5.200 - 09/01/2020 1,044 1,194
    EXELON CORP NT - 4.900 - 06/15/2015 1,881 2,177
    GE CAP CORP SR UNSERUES 5.625 9/15/17 3,555 3,538
    GLAXOSMITHKLINE CAP INC 05.65000 05/15/2018 2,027 2,436
    GOLDMAN SACHS GROUP INC - 5.375 - 03/15/2020 2,087 2,292
    JPMORGAN CHASE CO GLBL - 4.750 - 03/01/2015 3,276 3,236
    KRAFT FOODS INC NT 5.37500 02/10/2020 1,013 1,207
    MORGAN STANLEY - 4.750 - 04/01/2014 1,898 2,071
    PFIZER INC - 6.200 - 03/15/2019 2,439 2,528
    TIME WARNER CABLE INC - 8.750 - 02/14/2019 2,012 2,698
    TIME WARNER INC DTD 3/11/2010 4.875 3/15/2020 2,151 2,336
    TOYOTA MTR CR CORP MTN - 1.250 - 10/05/2017 2,007 2,014
    UNITED PARCEL SRVC NT - 5.500 - 01/15/2018 3,052 3,605
    WAL MART STORES INC NT - 5.800 - 02/15/2018 2,123 2,450

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Name of Stock End of Year Book Value End of Year Fair Market Value
    157 shares of AETNA INC. NEW 6,606 7,271
    147 shares of AGILENT TECHNOLOGIES INC 3,940 6,018
    52 shares of AIR PRODS CHEM INC. 4,538 4,369
    13 shares of ALLEGHANY CP 4,130 4,360
    175 shares of ALTRIA GROUP INC 5,689 5,502
    333 shares of AMERICAN EXPRESS CO 14,704 19,141
    62 shares of AMERIPRISE FINANCIAL INC 2,246 3,883
    50 shares of ANHEUSER BUSCH COS INC 2,740 4,371
    133 shares of ASSA ABLOY UNSP/ADR 1,443 2,462
    39 shares of ASSOCIATED BRITISH FOODS PLC 947 994
    204 shares of ATLANTIA SPA ADR 1,514 1,842
    178 shares of BALL CP 6,621 7,966
    613 shares of BANK NEW YORK MELLON CORP COM 16,649 15,754
    20 shares of BAYER A G SPONSORED ADR 1,280 1,918
    52 shares of BAYERISCHE MOTOREN WERKE 1,288 1,695
    154 shares of BED BATH BEYOND INC. 6,887 8,610
    130 shares of BERKSHIRE HATHAWAY INC. CLASS B 7,894 11,661
    80 shares of BG GROUP PLC ADS 1,654 1,337
    39 shares of BHP BILLITON LIMITED 3,003 3,058
    58 shares of BNP PARIBAS SPONS ADR 1,351 1,694
    32 shares of BRITISH AMERICAN TOBACCO PLC 2,880 3,240
    24 shares of BRITISH SKY BROADCASTING ADR 1,053 1,209
    201 shares of CAMPBELL SOUP CO 6,711 7,013
    275 shares of CANADIAN NATURAL RESOURCES LTD 8,133 7,939
    38 shares of CANON INC. 1,777 1,490
    29 shares of CF INDUSTRIES HOLDINGS, INC 4,678 5,892
    108 shares of CHINA CONSTRUCT UNSPON ADR 1,595 1,734
    41 shares of CHINA MOBILE HGK LTD 2,260 2,408
    54 shares of CIELO SA ADR 1,105 1,558
    96 shares of COACH INC 5,664 5,329
    156 shares of COCA-COLA CO 4,168 5,655
    199 shares of COSTCO WHOLESALE CORP NEW 10,656 19,647
    372 shares of CVS CAREMARK CORP. 12,065 17,986
    75 shares of DAITO TRUST CONSTRUC 1,655 1,765
    66 shares of DEERE CO 5,729 5,704
    146 shares of DEVON ENERGY CORPORATION 8,599 7,598
    86 shares of DIAGEO PLC ADS 6,412 10,026
    113 shares of DIRECTV GROUP 6,029 5,668
    215 shares of DISCOVER FINL SVCS COM 5,836 8,288
    177 shares of EATON VANCE CORP COM 5,654 5,637
    29 shares of ENI S.P.A. 1,372 1,425
    161 shares of EOG RESOURCES INC 11,079 19,447
    46 shares of ESTACIO PARTICIP ADR 875 971
    110 shares of EXPRESS SCRIPTS HOLDING CO. 4,884 5,940
    39 shares of FANUC LIMITED UNSPONSORED 1,006 1,197
    38 shares of GETINGE AB UNSP ADR 1,163 1,292
    92 shares of GILEAD SCIENCES INC 6,205 6,757
    19 shares of GOOGLE INC CL A 10,137 13,440
    208 shares of HARLEY DAVIDSON INC. 9,166 10,157
    120 shares of HERBALIFE LTD 6,014 3,953
    84 shares of HERSHEY FOODS CORP COMMON 5,993 6,066
    95 shares of HEWLETT PACKARD CO 3,473 1,354
    148 shares of HOLLYFRONTIER CORP 5,997 6,889
    399 shares of HUNTSMAN CORP 6,175 6,344
    132 shares of INFORMA PLC UNSPONSORED ADR 1,459 1,962
    149 shares of ING GROUP N V SPONSORED ADR 1,167 1,414
    161 shares of IRON MOUNTAIN NEW 3,857 4,999
    37 shares of JS GROUP CORP-UNSPON ADR 1,794 1,647
    82 shares of KASIKORNBANK PUB CO LTD ADR CMN 1,300 2,103
    100 shares of KELLOGG CO 5,658 5,585
    51 shares of KOC HOLDINGS AS UNSP/ADR 877 1,334
    56 shares of KOMATSU LTD. 1,595 1,440
    335 shares of LOEWS CORP 9,940 13,651
    33 shares of LVMH MOET HENN UNSP 1,039 1,244
    145 shares of MACYS INC 5,660 5,658
    124 shares of MARRIOTT INTERNATIONAL INC. CL A 4,822 4,621
    40 shares of MEDICLINIC INTERNATIONAL - ADR 1,036 1,308
    50 shares of MERCK KGAA U/ADR 1,501 2,198
    150 shares of METLIFE INC. 4,843 4,941
    327 shares of MICROSOFT CORPORATION 9,237 8,734
    91 shares of MOBILE TELSYS OJSC 1,462 1,697
    62 shares of MONSANTO CO 5,290 5,868
    60 shares of MR PRICE GROUP LTD 605 991
    59 shares of NOVARTIS AG ADR 3,053 3,735
    143 shares of NU SKIN ENTERPRISES CL A 6,026 5,298
    177 shares of OCCIDENTAL PETROLEUM CORP 7,747 13,560
    270 shares of ORACLE CORP 8,448 8,996
    47 shares of ORICA LTD UNSPON ADR 1,331 1,234
    59 shares of PETRO GEO ADR NEW 823 1,027
    127 shares of PETROFAC LTD UNSPONS ADR 1,295 1,688
    169 shares of PFIZER INC. 3,060 4,238
    75 shares of PHILIP MORRIS INTL 3,221 6,273
    132 shares of PHILLIPS 66 6,209 7,009
    313 shares of PIER 1 IMPORTS INC 5,993 6,260
    106 shares of POTASH CORPORATION OF SASKATCHEWAN INC 4,725 4,313
    9 shares of PRICELINE.COM INCORPORATED 5,692 5,584
    400 shares of PROGRESSIVE CORP OHIO 7,437 8,440
    85 shares of PRUDENTIAL PLC SC 1,632 2,427
    172 shares of PT BK MANDIR PRS UNSP/ADR 1,246 1,446
    44 shares of PT TELEKOM. IND. TBK ADR 1,521 1,626
    194 shares of QUESTCOR PHARMACEUTICALS, INC. 5,678 5,184
    93 shares of RED ELECTRICA DE ESPANA SA 857 925
    55 shares of REXAM PLC ADR 1,543 1,966
    30 shares of ROYAL DUTCH SHELL PLC 1,788 2,069
    38 shares of RYANAIR HOLDINGS PLC-ADR COM 982 1,303
    89 shares of SAMPO OYJ UNSPONSORED ADR 1,216 1,427
    23 shares of SANDS CHINA LTD UNSP ADR 896 1,030
    77 shares of SANDVIK AB SPONS ADR 984 1,244
    90 shares of SANOFI-AVENTIS SPONSORED ADR 3,321 4,264
    44 shares of SAP AKTIENGESELL ADS 2,238 3,537
    214 shares of SBERBANK SPONSORED ADR 2,276 2,604
    20 shares of SEVEN I HOLDINGS C 1,341 1,127
    40 shares of SHERWIN-WILLIAMS CO. 4,111 6,153
    79 shares of SOFTBANK CP UNSP ADR 1,512 1,434
    588 shares of SONIC CORPORATION 5,980 6,121
    72 shares of STANDARD BANK GROUP SPON ADR 1,070 1,024
    315 shares of SUMITOMO MITSUI FINCL GRP 3,353 2,312
    41 shares of SWATCH GROUP AG 894 1,041
    56 shares of SWEDBANK AB S/ADR 711 1,109
    214 shares of TAIWAN SEMICONDUCTOR MFG CO LTD 2,516 3,672
    49 shares of TECHNIP ADS 1,116 1,444
    187 shares of TEXAS INSTRUMENTS INC. 4,496 5,776
    198 shares of TJX COMPANIES INC 6,639 8,405
    32 shares of TRANSOCEAN LTD. 3,037 1,429
    112 shares of TULLOW OIL PLC ADR UK 877 1,167
    95 shares of TURKCELL ILET NEW 1,240 1,533
    347 shares of U.S. SILICA HOLDINGS INC 5,658 5,805
    96 shares of UNILEVER PLC AMER 2,787 3,717
    76 shares of UNITED PARCEL SERVICE 5,687 5,603
    73 shares of VALE SA 1,882 1,530
    49 shares of VALEO SA SPONS ADR 1,121 1,259
    161 shares of WADDELLREED FIN INC 5,673 5,606
    118 shares of WAL-MART STORES INC. 6,184 8,051
    158 shares of WALT DISNEY HOLDINGS CO. 6,584 7,867
    588 shares of WELLS FARGO CO. 12,413 20,099
    319 shares of WOLSELEY PLC ADR 993 1,509
    101 shares of YAHOO JAPAN CORP 973 1,087

    TY 2012 OtherExpensesSchedule
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 8,202     8,202
    Bank Charges 98 98    
    State or Local Filing Fees 25     25


    TY 2012 OtherIncomeSchedule2
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Foreign Tax Refund 9    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 10,224 10,224    


    TY 2012 TaxesSchedule
    Name:
    The Shadow Funders Inc
    EIN: 20-2031200
    Software ID:12000057
    Software Version:12.13.328.3
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2012 100      
    Foreign Tax Paid 471 471