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
Donald Lee and Sally Steadman Lucas 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

27-0167162
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$8,202,687J 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) 1,000,000
2 Check bullet
3 Interest on savings and temporary cash investments 1,843 1,843  
4 Dividends and interest from securities...... 6,082 6,082  
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 4,789
b Gross sales price for all assets on line 6a 40,242
7 Capital gain net income (from Part IV, line 2)... 4,789
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,012,714 12,714  
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)......... Click to see attachment 2,016     2,016
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 3,625 3,625    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 1      
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 42,186 25   42,161
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 47,828 3,650   44,177
25 Contributions, gifts, grants paid........ 5,629,500 5,629,500
26 Total expenses and disbursements. Add lines 24 and 25 5,677,328 3,650   5,673,677
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,664,614
b Net investment income (if negative, enter -0-) 9,064
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.......... 12,792,722 4,174,419 4,174,419
3 Accounts receivable bullet16,281
Less: allowance for doubtful accounts bullet     16,281 16,281
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)........   Click to see attachment1,913,942 1,989,925
c Investments—corporate bonds (attach schedule)........   Click to see attachment2,023,466 2,022,062
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) 12,792,722 8,128,108 8,202,687
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 12,792,722 8,128,108
30 Total net assets or fund balances (see page 17 of the
instructions).................... 12,792,722 8,128,108
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 12,792,722 8,128,108
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 12,792,722
2 Enter amount from Part I, line 27a..................... 2 -4,664,614
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 8,128,108
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 8,128,108
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 40,242   35,453 4,789
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       4,789
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 4,789
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 1,189,576 1,040,534 001.143236
2010 112,718 111,683 001.009267
2009 5,055 42,161 000.119898
2008      
2007      
2 Total of line 1, column (d) ...................... 2 002.272401
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. . . 		3 000.757467
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 11,280,456
5 Multiply line 4 by line 3....................... 5 8,544,573
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 91
7 Add lines 5 and 6......................... 7 8,544,664
8 Enter qualifying distributions from Part XII, line 4.............. 8 5,673,677
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 1 181
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............................ 3 181
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- ..... 5 181
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7  
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 181
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
Yes
 
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
    Donald Lee Lucas Co-Pres / Dir / Sec
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Sally Steadman Lucas Co- Pres / 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
    551,402
    b
    Average of monthly cash balances.......................
    1b
    10,900,838
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,452,240
    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
    11,452,240
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    171,784
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,280,456
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    564,023
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    564,023
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    181
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    181
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    563,842
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    563,842
    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
    563,842
    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
    5,673,677
    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
    5,673,677
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,673,677
    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 7 563,842
    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....... 3,704
    d From 2010....... 107,134
    e From 2011....... 1,137,551
    fTotal of lines 3a through e......... 1,248,389
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 5,673,677
    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..... 563,842
    e Remaining amount distributed out of corpus 5,109,835
    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 6,358,224
    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 ......     		6,358,224
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009.... 3,704
    c Excess from 2010.... 107,134
    d Excess from 2011.... 1,137,551
    e Excess from 2012.... 5,109,835
    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).)
    Donald Lee Lucas
    Sally Steadman Lucas
    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
    BOY SCOUTS OF AMERICA
    970 W JULIAN ST
    SAN JOSE,CA95126     		N/A 509a1 General Unrestricted 500
    CARMEL BY THE SEA GARDEN CLUB
    PO BOX 1972
    CARMEL,CA93921     		N/A 509a2 Ridder Project 25,000
    CHAPMAN UNIVERSITY
    1 UNIVERSITY DR
    ORANGE,CA92866     		N/A 509a1 Dodge College of Film and Media Arts Program 25,000
    COMMUNITY HOSPITAL FOUNDATION
    PO BOX HH
    MONTEREY,CA93942     		N/A 509a1 General Unrestricted 51,000
    MONTALVO ASSOCIATION
    15400 MONTALVO RD
    SARATOGA,CA95070     		N/A 509a1 Endowment for The Sally and Don Lucas Artists Residency 5,000,000
    LEUKEMIA AND LYMPHOMA SOCIETY
    675 N 1ST ST STE 1100
    SAN JOSE,CA95112     		N/A 509a1 General Unrestricted 2,000
    TOWER FDN OF SAN JOSE STATE UNIVERSITY
    1 WASHINGTON SQ
    SAN JOSE,CA95192     		N/A 509a1 Spartan Film 3,000
    TOWER FDN OF SAN JOSE STATE UNIVERSITY
    1 WASHINGTON SQ
    SAN JOSE,CA95192     		N/A 509a1 Presidential Scholars Program 10,000
    TOWER FDN OF SAN JOSE STATE UNIVERSITY
    1 WASHINGTON SQ
    SAN JOSE,CA95192     		N/A 509a1 Memorandum of Understanding 500,000
    TOWER FDN OF SAN JOSE STATE UNIVERSITY
    1 WASHINGTON SQ
    SAN JOSE,CA95192     		N/A 509a1 SJSU Mens Golf 10,000
    YOUNG MENS CHRISTIAN ASSOC SILICON VALLEY
    1922 THE ALAMEDA 3RD FL
    SAN JOSE,CA95126     		N/A 509a2 General Unrestricted 3,000
    Total .................................bullet 3a 5,629,500
    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 1,843  
    4 Dividends and interest from securities....     14 6,082  
    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 4,789  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   12,714  
    13Total. Add line 12, columns (b), (d), and (e)..................
    1312,714
    (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: 12.15.422.1


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    Donald Lee and Sally Steadman Lucas Foundation
     
    Employer identification number

    27-0167162
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    Donald Lee and Sally Steadman Lucas Foundation
          		Employer identification number

    27-0167162
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Lucas Donald Lee    
    223 W Main Street Suite D
       
    Los Gatos, CA   95030

    		$1,000,000


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    Donald Lee and Sally Steadman Lucas Foundation
          		Employer identification number

    27-0167162
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    Donald Lee and Sally Steadman Lucas Foundation
          		Employer identification number

    27-0167162
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID: 12000057
    Software Version: 12.15.422.1

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded Securities         40,242 35,453     4,789  

    TY 2012 GeneralExplanationAttachment
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AES CORP - 8.000 - 10/15/2017 10,448 10,395
    AIRCASTLE LTD SR NT - 6.750 - 04/15/2017 5,313 5,350
    ALLIANT TECHSYSTEMS INC - 6.875 - 9/15/2020 9,934 9,878
    ALLY FINL INC - 8.000 - 03/15/2020 4,920 4,900
    AMERICAN EXPRESS CO NT - 6.150 - 08/28/2017 30,353 30,124
    AMERICAN INTL GROUP INC - 4.250 - 09/15/2014 26,411 26,335
    AMERICAN MOVIL BD - 2.375 - 09/08/2016 52,229 51,969
    AMERISTAR CASINOS INC - 7.500 - 04/15/2021 5,313 5,419
    AVIS BUDGET CAR - 8.250 - 10/15/2014 5,475 5,525
    BALL CORP - 5.750 - 05/15/2021 5,438 5,413
    BANK NY INC MED TERM - 2.950 - 06/18/2015 52,790 52,736
    BARCLAYS BK PLC SR NT - 5.200 - 07/10/2014 26,646 26,601
    BP CAP MKTS - 6.625 - 05/08/2014 52,191 52,046
    BRITISH COLUMBIA PROV DEB - 4.650 - 12/18/2018 50,151 49,629
    CANADA GOVT BD - 2.500 - 06/01/2015 98,893 98,439
    CAPITAL ONE FINL COR - 2.125 - 07/15/2014 25,509 25,450
    CATERPILLAR FINL SVCS - 6.125 - 02/17/2014 53,296 53,147
    CCO HLDGS LLC CAP CORP - 6.500 - 04/30/2021 5,350 5,394
    CDW LLC/ CDW FIN CORP - 8.000 - 12/15/2018 5,475 5,531
    CHESAPEAKE ENERGY CORP - 6.125 - 02/15/2021 14,515 14,525
    CHS/CMNTY HEALTH SYS INC - 7.1250 - 07/15/2020 5,388 5,338
    CIT GROUP INC BOND - 05.000 - 05/15/2017 14,560 14,840
    CITIGROUP INC - 6.000 - 12/13/2013 26,326 26,197
    CLEAR CHANNEL INC - 7.625 - 03/15/2020 9,625 10,075
    COMCAST CORP NEW NT - 5.700 - 05/15/2018 30,128 30,057
    CONSTELLATION BRANDS INC - 4.625 - 03/01/2023 5,199 5,225
    DEL MONTE CORP - 7.625 - 02/15/2019 5,200 5,213
    ECHOSTAR DBS CORP SR NT - 7.12500 - 02/01/2016 14,552 14,560
    EL PASO CORP - 7.000 - 06/15/2017 10,274 10,281
    ENERGY FUTURE INTER - 10.000 - 12/01/2020 9,990 10,148
    ENERGY TRANSFER EQUITY - 7.500 - 10/15/2020 10,120 10,395
    FED NATL MTG ASSN 3.5 102,866 103,376
    FED NATL MTG ASSN 4 POOL AL2243 93,831 93,505
    FHLMC G06784 - 3.500 - 10/01/2041 103,788 103,560
    FIRST DATA CORP SR NT - 9.875 - 09/24/2015 2,043 2,040
    FNMA POOL AH3394 - 4.000 - 01/01/2041 96,820 96,631
    GE CAP CORP MTN BE - 2.150 - 01/09/2015 51,336 51,357
    GENERAL MLS INC NTS - 5.700 - 02/15/2017 29,465 29,378
    GENON ESCROW CORP - 9.875 - 10/15/2020 10,260 10,395
    GMAC LLC GTD SR NT - 8.000 - 11/01/2031 10,240 10,130
    GOLDMAN SACHS GROUP INC - 3.300 - 05/03/2015 26,058 26,040
    HARRAHS OPER INC SR SECD - 11.250 - 06/01/2017 5,388 5,350
    HCA INC - 7.875 - 02/15/2020 13,455 13,350
    HEALTH MGMT ASSN - 6.125 - 4/15/2016 2,165 2,160
    HOST HOTELS RESORTS LP - 5.875 - 06/15/2019 9,890 9,810
    HUNTINGTON INGALLS INDS INC - 6.875 - 03/15/2018 9,844 9,788
    ICAHN ENTERPRISES - 8.000 - 01/15/2018 14,893 15,033
    INTELSAT JACKSON HLDGS LTD - 7.250 - 04/01/2019 9,720 9,675
    INTERNATIONAL LEASE FIN CORP - 8.250 - 12/15/2020 10,508 10,733
    IRON MTN INC DEL SR SB NT - 8.375 - 08/15/2021 5,550 5,550
    JP MORGAN CHASE CO - 3.150 - 07/05/2016 53,007 52,973
    KELLOGG CO SR NT - 1.750 - 05/17/2017 25,408 25,406
    LEVEL 3 FINANCING INC. BOND- 8.125 - 01/01/2012 9,608 9,810
    LINN ENERGY LLC - 7.750 - 02/01/2021 5,350 5,325
    MASCO CORP NT - 5.950 - 03/15/2022 5,538 5,542
    MGM MIRAGE INC NOTES - 7.625 - 01/15/2017 5,388 5,350
    NEWFIELD EXPLORTN CONOTES - 7.125 - 05/15/2018 5,275 5,275
    PEABODY ENERGY CORP NOTE - 6.500 - 09/15/2020 5,275 5,363
    PETROBAS INTL FIN CO -2.875 - 02/06/2015 25,780 25,652
    PLAINS EXPL PRO CO - 6.625 - 05/01/2021 5,150 5,506
    RANGE RES CORP - 6.750 - 08/01/2020 9,866 9,765
    RITE AID CORP SR NT - 7.500 - 03/01/2017 5,125 5,138
    SALLY HLDGS LLC - 5.750 - 06/01/2022 5,463 5,425
    SANDRIDGE ENERGY INCSR NT - 7.500 - 03/15/2021 9,698 9,630
    SBC COMMUNICATIONS - 5.100 - 9/15/2014 53,841 53,710
    SEARS HLDGS CORP - 6.625 - 10/15/2018 10,175 10,010
    SERVICEMASTER CO SR NT - 8.000 - 2/15/2020 5,250 5,213
    SMITHFIELD FOODS INC - 7.750 - 07/01/2017 5,688 5,825
    SPRINT CAP CORP GTD NT - 6.900 - 05/01/2019 10,875 10,900
    STATOIL ASA - 3.125 - 08/17/2017 54,629 54,418
    SWEDEN GOVT BD - 6.750 - 05/05/2014 96,462 97,894
    TOTAL CAPITAL - 3.125 - 10/02/2015 53,452 53,218
    TRAVELERS COS INC - 3.900 - 11/01/2020 57,090 56,479
    UNITED RENTALS NORTH NTS - 9.250 - 12/15/2019 2,278 2,280
    VERIZON COMMUNICATIONS INC - 2.000 - 11/01/2016 51,870 51,791
    VISTEON CORP SR NT - 6.750 - 04/15/2019 5,263 5,325
    VODAFONE GROUP PLC NOTE - 4.150 - 06/10/2014 26,270 26,230
    WELLS FARGO CO NOTE - 3.676 - 06/15/2016 54,279 54,055
    WESTPAC BANKING NT - 4.875 - 11/19/2019 58,756 58,332
    WYNN LAS VEGAS LLC - 7.875 - 05/01/2020 5,675 5,663
    ZAYO GROUP LLC/ZAYO CAP - 8.125 - 01/01/2020 5,550 5,563

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    100 shares of 3M CO 8,763 9,285
    239 shares of ABB LTD. 4,370 4,969
    75 shares of ACCENTURE PLC 4,847 4,988
    168 shares of ADDYY 6,987 7,526
    42 shares of AFFILIATED MANAGERS GROUP 5,348 5,466
    100 shares of AIR PRODS CHEM INC. 7,981 8,402
    44 shares of AIRGAS INC 3,937 4,017
    132 shares of ALEXION PHARMACEUTICALS, INC. 12,306 12,374
    552 shares of ALKERMES 10,958 10,223
    82 shares of ALLIANCE DATA SYSTEM CORP 11,541 11,870
    186 shares of AMADEUS IT HLDS SA 4,418 4,797
    360 shares of AMARIN CORPORATION PLC - ADR 3,957 2,912
    245 shares of AMERICA MOVIL SA 5,782 5,669
    102 shares of AMERICAN CAMPUS COMMUNITIES 4,561 4,705
    187 shares of AMETEK INC. 6,935 7,026
    157 shares of ANHEUSER BUSCH COS INC 13,478 13,723
    50 shares of APPLE INC. 26,526 26,608
    169 shares of ARUBA NEWWORKS INC 3,514 3,505
    232 shares of ASCENA RETAIL GROUP, INC. 4,604 4,285
    150 shares of AUTOMATIC DATA PROCESSING INC. 8,252 8,540
    116 shares of AVAGO TECHNOLOGIES LIMITED 3,780 3,671
    80 shares of BAIDU.COM - ADR 7,387 8,023
    95 shares of BALLY TECHNOLOGIES INC 4,318 4,247
    458 shares of BANCO BRADESCO S.A. SPONS ADR 7,468 7,955
    100 shares of BAXTER INTERNATIONAL INC. 6,728 6,666
    190 shares of BE AEROSPACE, INC. 8,498 9,386
    278 shares of BEACON ROOFING SUPPLY, INC 8,787 9,252
    100 shares of BECTON DICKINSON CO 7,769 7,819
    144 shares of BERKSHIRE HATHAWAY INC. CLASS B 12,484 12,917
    374 shares of BG GROUP PLC ADS 6,317 6,250
    73 shares of BHP BILLITON LIMITED 5,069 5,725
    180 shares of BIOMARIN PHARMACEUTICAL INC. 8,827 8,856
    100 shares of BLACKROCK INC 18,740 20,671
    260 shares of BLOOMIN BRANDS INC 4,033 4,066
    4547 shares of BOMBARDIER INC B 14,549 17,324
    114 shares of BORG WARNER INC. 7,282 8,165
    459 shares of BRAMBLES LTD UNSP AD 6,711 7,271
    71 shares of BRITISH AMERICAN TOBACCO PLC 7,250 7,189
    86 shares of BRITISH SKY BROADCASTING ADR 4,149 4,334
    75 shares of BUNZL PLC SPONSORED ADR 6,272 6,188
    73 shares of CABOT OIL GAS CORP 3,621 3,631
    100 shares of CACI INTL INC 5,180 5,503
    711 shares of CADENCE DESIGN SYSTEMS INC. 9,210 9,606
    48 shares of CANADIAN NATL RAILWAY CO 4,124 4,368
    40 shares of CANON INC. 1,381 1,568
    162 shares of CAP GEMINI SA UNSP/ADR 3,208 3,587
    222 shares of CARDTRONICS INC 5,082 5,270
    113 shares of CARPENTER TECH 5,325 5,834
    75 shares of CATAMARAN CORP 3,646 3,533
    61 shares of CENOVUS ENERGY INC 2,027 2,046
    218 shares of CENTRICA PLC S/ADR 4,467 4,796
    155 shares of CGI GROUP INC CL A SUB VTG SHS 3,734 3,585
    130 shares of CHEESECAKE FACTORY INC 4,479 4,252
    388 shares of CHEUNG KONG HLDGS LTD ADR 5,630 6,022
    150 shares of CHEVRON CORP 15,691 16,221
    227 shares of CHICAGO BRIDGE IRON 9,201 10,521
    61 shares of CHINA MOBILE HGK LTD 3,417 3,582
    100 shares of CHUBB CORP 7,457 7,532
    107 shares of CIELO SA ADR 2,850 3,087
    209 shares of CINEMARK HOLDINGS INC 5,464 5,430
    202 shares of CINTAS CRP 8,229 8,262
    150 shares of CISCO SYSTEMS INC 2,710 2,947
    95 shares of CITY NATL CP 4,642 4,704
    37 shares of CNOOC LTD ADS 7,723 8,140
    171 shares of COCA-COLA AMATIL LTD ADR 4,764 4,802
    200 shares of COCA-COLA CO 7,225 7,250
    131 shares of COCA-COLA HELLEN ADS 2,958 3,088
    235 shares of COLOPLAST A/S -B 10,588 11,482
    7568 shares of COLUMBIA INCOME OPPORTUNITIES Z 74,999 76,286
    155 shares of COMPAGNIE FINANCIERE RICHEMONT 11,379 12,090
    860 shares of COMPASS GROUP PLC ADR 9,644 10,303
    150 shares of CORNING INC 1,639 1,893
    156 shares of CROWN HOLDINGS INC 5,820 5,742
    150 shares of CULLEN FROST BANKERS INC 8,189 8,141
    100 shares of DEERE CO 8,514 8,642
    195 shares of DELEK US HLDGS INC. 5,154 4,937
    192 shares of DENSO CORP ADR 3,114 3,341
    530 shares of DEUTSCHE BOERSE ADR 2,928 3,275
    93 shares of DICKS SPORTING GDS 4,848 4,231
    46 shares of DIGITAL RLTY TR INC 2,938 3,123
    134 shares of DONALDSON CO. INC. 4,521 4,401
    70 shares of DSW INC. 4,744 4,598
    138 shares of EAGLE MATERIALS INC 7,666 8,073
    5327 shares of EATON VANCE STRUCTURED EMERGING MARKETS I 74,999 79,687
    96 shares of ENSTAR GROUP INC 9,766 10,750
    374 shares of ERICSSON L M TEL CO 3,286 3,777
    244 shares of EXXON MOBIL CORP 21,193 21,118
    90 shares of FANUC CORP 15,103 16,499
    163 shares of FANUC LIMITED UNSPONSORED 4,628 5,002
    100 shares of FAST RETAILING CO LTD 21,547 25,149
    128 shares of FIRST CASH FINL SERVICES INC 6,074 6,351
    40 shares of FOMENTO ECONOMICO MEXICANO 3,821 4,028
    114 shares of FOOT LOCKER INC N.Y. COM 3,934 3,662
    118 shares of FRESENIUS MED CAR AG 3,878 4,047
    90 shares of GALAXY ENTERTAINMENT GROUP LIMITED 3,285 3,623
    12784 shares of GEELY AUTOMOBILE HDLGS 6,224 6,053
    114 shares of GEMALTO 10,175 10,220
    105 shares of GENESEE 7,463 7,988
    150 shares of GILEAD SCIENCES INC 10,757 11,018
    147 shares of GNC CORP 5,144 4,892
    12 shares of GOOGLE INC CL A 8,075 8,489
    313 shares of GRUPO TELEVISA ADR 7,207 8,320
    72 shares of HANNOVER RUECKVERSICHERU 5,200 5,597
    733 shares of HARRY WINSTON DIAMOND CORP 10,043 10,313
    66 shares of HOME PPTYS INC 3,846 4,046
    100 shares of HONEYWELL INTERNATIONAL INC. 5,939 6,347
    240 shares of HUB GROUP, INC. 7,503 8,064
    221 shares of HUTCHISON WHAMPOA LTD ADR 4,486 4,681
    241 shares of ICICI BK LTD ADS 9,102 10,510
    110 shares of IDEX CP 4,826 5,118
    106 shares of IDEXX CORP 9,778 9,837
    119 shares of IMPERIAL TOBACCO GRO 9,362 9,221
    276 shares of INCYTE CORPORATION 4,986 4,584
    57 shares of INDUSTRIA DE DISENO TEXTIL 7,416 7,928
    463 shares of INDUSTRIAL COM UNSP/ADR 6,149 6,571
    119 shares of INNOPHOS HOLDINGS INC 5,784 5,534
    90 shares of INTL FLAVORS FRAGRANCES INC 5,793 5,989
    100 shares of INTERNATIONAL BUSINESS MACHINES 18,560 19,155
    19 shares of INTUITIVE SURGICAL, INC. 10,199 9,317
    2726 shares of IXIS ADV FUNDS AEW REAL ESTATE FUND Y 49,999 48,881
    621 shares of JARDINE STRATEGIC HOLDINGS 21,686 22,058
    100 shares of JOHNSON JOHNSON 6,904 7,010
    326 shares of KEPPEL CORP LTD ADR 5,490 5,871
    42 shares of KEYENCE 11,430 11,545
    559 shares of KINGFISHER PLC 4,813 5,165
    84 shares of KIRBY CORPORATION 4,781 5,199
    159 shares of KOMATSU LTD. 3,560 4,088
    300 shares of KUKA AG 9,469 10,944
    137 shares of LOREAL ADR 3,611 3,833
    497 shares of LAS VEGAS SANDS CORP 21,656 22,941
    327 shares of LEUCADIA NATL CORP 7,783 7,779
    88 shares of LINDSAY CORP 6,527 7,051
    199 shares of LIVEPERSON, INC. 2,674 2,615
    263 shares of LKQ CORPORATION 5,741 5,549
    256 shares of MARKETAXESS HOLDINGS, INC. 7,704 9,037
    28 shares of MASTERCARD INC 13,436 13,756
    100 shares of MCDONALDS CORP 8,387 8,821
    45 shares of METTLER-TOLEDO INTL 8,256 8,699
    163 shares of MICROS SYSTEMS, INC 7,192 6,918
    222 shares of MONSANTO CO 19,789 21,012
    103 shares of NESTLE S.A. 6,508 6,713
    253 shares of NETGEAR INC 8,593 9,976
    42 shares of NIDEC CORP 2,516 2,428
    200 shares of NIKE INC-CL B 9,057 10,320
    15505 shares of NOBLE GROUP LTD BERMUDA 13,573 14,661
    221 shares of NOVARTIS AG ADR 13,079 13,989
    131 shares of NOVO NORDISK A S 20,369 21,381
    432 shares of NOVOZYMES A/S 11,313 12,153
    88 shares of NU SKIN ENTERPRISES CL A 3,819 3,260
    372 shares of NUANCE COMMUNICATIONS, INC. 7,663 8,303
    325 shares of OAO GAZPROM SPONS GDR 2,971 3,163
    100 shares of OCCIDENTAL PETROLEUM CORP 7,382 7,661
    100 shares of OCEANERING INTL INC 5,422 5,379
    87 shares of OIL STATES INTL INC 5,921 6,224
    4342 shares of OLAM INTL LTD 5,684 5,527
    351 shares of ON ASSIGNMENT, INC. 6,827 7,118
    345 shares of ONEX CORP 13,938 14,682
    31 shares of ONYX PHARMACEUTICALS, INC. 2,396 2,341
    90 shares of OSI SYSTEMS, INC. - COMMON STOCK 5,611 5,764
    38 shares of PANERA BREAD CO. CL. A. 6,212 6,036
    159 shares of PAREXEL INTERNATIONAL CORPORATION 5,091 4,705
    156 shares of PEARSON PLC 2,966 3,048
    150 shares of PEPSICO INC 10,205 10,265
    46 shares of PERRIGO CO 4,706 4,785
    130 shares of PETSMART INC. COM 8,995 8,884
    270 shares of PIER 1 IMPORTS INC 5,441 5,400
    7386 shares of PIMCO COMMODITY REAL RETURN STRATEGY FUND 49,999 49,039
    200 shares of PNC FINANCIAL GROUP INC. 10,847 11,662
    75 shares of POLARIS INDUSTRIES 6,294 6,311
    78 shares of PORTFOLIO RECOVERY ASSOCIATES, INC. - COMMON STOCK 7,540 8,335
    129 shares of POTASH CORPORATION OF SASKATCHEWAN INC 4,944 5,249
    150 shares of PROCTER GAMBLE CO 9,950 10,184
    416 shares of PUBLICIS GROUPE S.A 5,691 6,307
    52 shares of PVH CORP 5,757 5,773
    100 shares of QUALCOMM INC 6,126 6,186
    279 shares of QUESTCOR PHARMACEUTICALS, INC. 7,045 7,455
    105 shares of RAYONIER INC 5,183 5,442
    231 shares of REED ELSEVIER PLC 8,971 9,711
    101 shares of REGENERON PHARMACEUTICALS, INC 17,177 17,278
    142 shares of RENAISSANCERE HOLDINGS LTD 11,381 11,539
    53 shares of ROCHE HLDNGS AG-GENUSSCHEIN 10,101 10,654
    275 shares of ROCHE HOLDING LTD ADR 12,933 13,888
    158 shares of ROCKWELL AUTOMAT INC 12,333 13,270
    190 shares of ROLLS ROYCE GRP PLC S/ADR 13,256 13,640
    86 shares of ROYAL DUTCH SHEL PLC SPONS ADR B 5,878 6,097
    134 shares of SALVATORE FERRAGAMO ITALIA SPA 3,037 2,940
    141 shares of SAP AKTIENGESELL ADS 10,609 11,334
    81 shares of SBA COMMUNICATIONS 5,480 5,749
    200 shares of SCHLUMBERGER LTD 13,897 13,860
    289 shares of SCHNEIDER ELEC UNSP/ADR 3,818 4,274
    257 shares of SEMTECH CORPORATION 6,330 7,440
    969 shares of SENOMYX 1,646 1,628
    10481 shares of SHINSEI BK LTD 16,869 20,638
    544 shares of SHIP FINC INTL 8,164 9,047
    38 shares of SHIRE PLC 3,245 3,503
    141 shares of SIRONA DENTAL SYSTEMS INC 8,758 9,089
    86 shares of SMITH NEPHEW PLC ADR 4,441 4,764
    87 shares of SMITH A O CORP DEL COM 5,361 5,487
    100 shares of STANLEY BLACK DECKER INC 6,672 7,397
    183 shares of SUNCOR ENERGY INC 6,095 6,035
    200 shares of SUPERIOR ENERGY SV 3,819 4,144
    240 shares of SWEDBANK AB S/ADR 4,346 4,752
    97 shares of SYNGENTA AG ADS 7,437 7,838
    331 shares of TAIWAN SEMICONDUCTOR MFG CO LTD 5,375 5,680
    150 shares of TARGET CORPORATION 9,432 8,876
    163 shares of TENNECO INC 5,044 5,723
    224 shares of TEVA PHARMECEUTICAL SP ADR 8,803 8,364
    119 shares of THE FRESH MARKET INC 6,835 5,723
    60 shares of THE HAIN CELESTIAL GROUP, INC 3,709 3,253
    150 shares of THE JM SMUCKER COMPANY 12,723 12,936
    156 shares of THERMON GROUP HOLDINGS INC 3,721 3,515
    153 shares of TIBCO SOFTWARE 3,842 3,363
    200 shares of TJX COMPANIES INC 8,405 8,490
    39 shares of TOYOTA MTR CORP 3,284 3,637
    62 shares of TRACTOR SUPPLY CO COM 5,609 5,478
    127 shares of TRANSCANADA CORP 5,754 6,010
    71 shares of ULTA SALON, COSMETICS FRAGRANCE, INC. 6,486 6,976
    178 shares of UNILEVER N V N Y 6,468 6,817
    84 shares of UNITED NATURAL FOODS, INC 4,327 4,502
    100 shares of UNITED PARCEL SERVICE 7,001 7,373
    164 shares of UNIVERSAL HLTH SVC B 7,174 7,929
    245 shares of VALEANT PHARMACEUTICALS INTL 13,518 14,644
    217 shares of VERIFONE SYSTEMS INC 6,695 6,441
    366 shares of VISHAY INTERTECH 3,383 3,891
    169 shares of VOLKSWAGEN AG 6,997 7,874
    284 shares of VOLVO AB ADR B 3,862 3,882
    200 shares of WELLS FARGO CO. 6,313 6,836
    73 shares of WEX INC 5,086 5,502
    150 shares of WEYERHAEUSER CO 3,752 4,173
    183 shares of WORLEY PARSONS LTD 4,639 4,451
    91 shares of WPP GROUP PLC 5,985 6,634

    TY 2012 LiquidationExplanationStmt
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Statement:
    This statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2012, Donald Lee and Sally Steadman Lucas Foundation the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 5,629,500. This amount represents over 25 of the Foundations net assets of 12,792,722 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2012. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein.


    TY 2012 LegalFeesSchedule
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Governance Matters and Counseling 2,016     2,016


    TY 2012 OtherExpensesSchedule
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 42,136     42,136
    Bank Charges 25 25    
    State or Local Filing Fees 25     25


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 3,625 3,625    


    TY 2012 TaxesSchedule
    Name:
    Donald Lee and Sally Steadman Lucas Foundation
    EIN: 27-0167162
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    IRS Excise Tax Payment with 1st ext 990-PF 1