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
JMP Foundation Inc
 

Number and street (or P.O. box number if mail is not delivered to street address)c/o Toni Novak 11 Clifton Avenue   Room/suite
City or town, state, and ZIP code
Merchantville, NJ08109
A Employer identification number

20-3462159
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$10,092,838J 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 971 971  
4 Dividends and interest from securities...... 219,902 219,902  
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 117,976
b Gross sales price for all assets on line 6a 3,487,280
7 Capital gain net income (from Part IV, line 2)... 113,937
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 178,690 101,529  
12 Total. Add lines 1 through 11........ 517,539 436,339  
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 54,094 54,094    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 71,728 234    
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 49,369 8,543   40,592
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 175,191 62,871   40,592
25 Contributions, gifts, grants paid........ 422,400 422,400
26 Total expenses and disbursements. Add lines 24 and 25 597,591 62,871   462,992
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -80,052
b Net investment income (if negative, enter -0-) 373,468
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.......... 1,204,340 623,756 623,756
3 Accounts receivable bullet1,129
Less: allowance for doubtful accounts bullet     1,129 1,129
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) 1,368,565 1,525,523 1,581,876
b Investments—corporate stock (attach schedule)........ 3,387,857 Click to see attachment4,991,440 5,429,609
c Investments—corporate bonds (attach schedule)........ 911,468 Click to see attachment723,991 791,380
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,489,810 Click to see attachment1,355,431 1,587,312
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,995 Click to see attachment77,776 Click to see attachment77,776
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,366,035 9,299,046 10,092,838
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 9,366,035 9,299,046
30 Total net assets or fund balances (see page 17 of the
instructions).................... 9,366,035 9,299,046
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 9,366,035 9,299,046
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 9,366,035
2 Enter amount from Part I, line 27a..................... 2 -80,052
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 13,063
4 Add lines 1, 2, and 3.......................... 4 9,299,046
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 9,299,046
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 3,487,280   3,373,343 113,937
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       113,937
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 2 113,937
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 460,158 9,831,530 000.046804
2010 410,843 9,001,073 000.045644
2009 534,724 8,662,937 000.061725
2008 536,252 9,667,591 000.055469
2007 516,268 12,331,475 000.041866
2 Total of line 1, column (d) ...................... 2 000.251508
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. . . 		3 000.050302
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 9,578,100
5 Multiply line 4 by line 3....................... 5 481,798
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 3,735
7 Add lines 5 and 6......................... 7 485,533
8 Enter qualifying distributions from Part XII, line 4.............. 8 462,992
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 7,469
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 7,469
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 7,469
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 10,136
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: 10136 7 10,136
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,667
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet2,667 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
Yes
 
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletToni Novak Telephone no.bullet (800) 839-1754
    Located atbullet11 Clifton AvenueMerchantvilleNJ ZIP+4bullet08109
    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
    Juliana Drinane Vice President
    001.00     		0    
    11 Clifton Avenue
    Merchantville,NJ08109
    Christine A Papa Vice President
    001.00     		0    
    11 Clifton Avenue
    Merchantville,NJ08109
    Joseph Papa CEO / Dir
    001.00     		0    
    11 Clifton Avenue
    Merchantville,NJ08109
    Marylee M Pratnicki Sec / Dir
    001.00     		0    
    11 Clifton Avenue
    Merchantville,NJ08109
    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
    PNC Bank Investment Management 54,094
    1600 Market St 4th Floor
    Philadelphia,PA19103
    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
    7,191,178
    b
    Average of monthly cash balances.......................
    1b
    945,469
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,587,312
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,723,959
    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
    9,723,959
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    145,859
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,578,100
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    478,905
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    478,905
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    7,469
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
    12,015
    c
    Add lines 2a and 2b............................
    2c
    19,484
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    459,421
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    13,063
    5
    Add lines 3 and 4............................
    5
    472,484
    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
    472,484
    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
    462,992
    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
    462,992
    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
    462,992
    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 7 472,484
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 448,782
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 462,992
    a Applied to 2011, but not more than line 2a 448,782
    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..... 14,210
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		458,274
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    Joseph Papa
    Marylee M Pratnicki
    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
    AMERICAS GROW A ROW INC
    150 PITTSTOWN RD
    PITTSTOWN,NJ08867     		N/A 509a1 Payroll Expenses for Volunteer Mgmt Education Programming 150,000
    FIRST BOOK
    1319 F ST NW
    WASHINGTON,DC20004     		N/A 509a1 Hunterdon County 5,000
    FLEMINGTON AREA FOOD PANTRY INC
    110 BROAD ST
    FLEMINGTON,NJ08822     		N/A 509a1 General Unrestricted 10,000
    FLEMINGTON RARITAN BASEBALL INC
    PO BOX 2346
    FLEMINGTON,NJ08822     		N/A 509a2 General Unrestricted 5,000
    FOODBANK - MONMOUTH AND OCEAN COUNTIES
    3300 RTE 66
    NEPTUNE,NJ07753     		N/A 509a2 General Unrestricted 10,000
    GREEN BERET FOUNDATION
    333 S GRAND AVE 46TH FLR
    LOS ANGELES,CA90071     		N/A 509a1 Charitable Event 10,000
    INDIGO RESCUE AND ADOPTION INC
    PO BOX 554
    BEAVERTON,OR97075     		N/A 509a1 General Unrestricted 2,000
    LUNCH BREAK
    PO BOX 2215
    RED BANK,NJ07701     		N/A 509a1 General Unrestricted 10,000
    MISSIONARY SOCIETY SALESIAN SISTERS
    659 BELMONT AVE
    NORTH HALEDON,NJ07508     		N/A 509a1 Scholarship Assistance for 9 Students 62,600
    MISSIONARY SOCIETY SALESIAN SISTERS
    659 BELMONT AVE
    NORTH HALEDON,NJ07508     		N/A 509a1 Summer Camp for 8 Children 5,000
    MONMOUTH COUNTY SPCA
    260 WALL ST
    EATONTOWN,NJ07724     		N/A 509a1 General Unrestricted 20,000
    NAPA VALLEY WINE AUCTION
    PO BOX 141
    SAINT HELENA,CA94574     		N/A 509a1 General Unrestricted 10,000
    RAMAPO-BERGEN ANIMAL REFUGE INC
    2 SHELTER LN
    OAKLAND,NJ07436     		N/A 509a2 General Unrestricted 10,000
    SOCIETY OF ST VINCENT DE PAUL FOOD PANTRY
    520 MEDFORD LAKES RD
    TABERNACLE,NJ08088     		N/A 509a1 General Unrestricted 5,000
    ST JOSEPHS UNIVERSITY
    5600 CITY AVE
    PHILADELPHIA,PA19131     		N/A 509a1 JMP Scholarship Fund II 7,500
    ST JOSEPHS UNIVERSITY
    5600 CITY AVE
    PHILADELPHIA,PA19131     		N/A 509a1 JMP Scholarship Fund III 45,000
    TABBYS PLACE A CAT SANCTUARY INC
    1100 US HWY 202
    RINGOES,NJ08551     		N/A 509a1 General Unrestricted 5,000
    TRI-COUNTY SCHOLARSHIP FUND
    4 CENTURY DR
    PARSIPPANY,NJ07054     		N/A 509a1 Education Sponsorship and Student Enrichment Activities Scholarship Funds 25,300
    TRINITY EPISCOPAL CHURCH
    503 ASBURY AVE
    ASBURY PARK,NJ07712     		N/A 509a1 Saturday Soup Program 5,000
    WWP INC - WOUNDED WARRIOR PROJECT INC
    4899 BELFORT RD STE 300
    JACKSONVILLE,FL32256     		N/A 509a1 General Unrestricted 20,000
    Total .................................bullet 3a 422,400
    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     14 971  
    4 Dividends and interest from securities....     14 219,902  
    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 525990 4,591 18 113,385  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Pasthrough Income 525990 77,161 14 100,939  
    bForeign Tax Refund     01 590  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 81,752 435,787  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13517,539
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 12000057
    Software Version: 12.19.1011.1
    Part VI Line 7 - Tax Paid Original Return: 10136


    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:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded Securities         3,487,280 3,373,343     113,385  
    Passthrough K1 Cap Gain UBI                 4,591  

    TY 2012 GeneralExplanationAttachment
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBEY NATL TREASURY SERV - 4.000 - 04/27/2016 10,052 10,574
    AMB PPTY L P NOTE 06.62500 12/01/2019 4,974 5,958
    AMERICAN EXPRESS CO - 7.000 - 03/19/2018 5,712 6,317
    AMERIPRISE FINL INC SR NT 7.30000 06/28/2019 5,750 6,465
    AMGEN INC NOTE 03.450 10/01/2020 5,046 5,352
    AMPHENOL CORP 4.00 02/01/2022 10,109 10,575
    ANHEUSER BUSCH COS INC 5.5 01/15/2018 11,013 11,988
    BANK AMER FDG CORP SRNT-L 5.62500 07/01/2020 23,209 23,713
    BANK OF NOVA SCOTIA - 1.375 - 02/17/2018 15,010 15,021
    BAXTER INTL INC-2.40-08/15/2022 4,978 4,946
    BELLSOUTH CAP FDG CORP DEB 7.875 02/15/2030 10,386 13,178
    BERKSHIRE HATHAWAY FIN CORP - 4.250 - 01/15/2021 9,995 11,473
    BOSTON PROPERTIES LPNOTE - 4.125 - 05/15/2021 9,926 10,868
    BP CAP MKTS PLC - 01.846 - 05/05/2017 10,000 10,223
    BURLINGTON NORTH SANTA FE - 05.750 - 05/01/2040 5,652 6,164
    CAPITAL ONE FINL CORP 6.75 09/15/2017 11,433 12,213
    CATERPILLAR INC - 3.900 - 05/27/2021 11,110 11,219
    CINTAS CORPORATION NO. 2 - 2.850 - 06/01/2016 9,992 10,510
    CITIGROUP INC SR NT 6.01000 01/15/2015 16,418 16,391
    CONOCOPHILLIPS NOTES - 6.500 - 02/01/2039 5,974 7,091
    CREDIT SUISSE MTN 05.40000 01/14/2020 5,068 5,622
    DEERE JOHN CAP CORP - 2.80 - 01/27/2023 10,175 10,233
    DIRECTV HLDGS FING 04.600 02/15/2021 9,829 10,825
    DOW CHEMICAL CO THE NOTE - 4.250 - 11/15/2020 9,820 11,117
    DU PONTE.I.DE NEMOURS CO - 3.625 -01/15/2021 4,674 5,493
    DUKE ENERGY CAROLINAS LLC - 4.000 - 09/30/2042 4,960 5,040
    EXELON GENERATION COLLC - 4.000 - 10/01/2020 10,389 10,512
    GE CAP CORP - 4.625 - 01/07/2021 5,108 5,672
    GENERAL ELEC CAP CORP MTN BE 5.50000 01/08/2020FR 16,247 17,756
    GLAXOSMITHKLINE - 2.850 - 5/08/2022 9,973 10,387
    HARTFORD FINL SVC GRP NT - 6.300 - 03/15/2018 5,000 5,957
    HASBRO INC NT CR SEN 6.30000 09/15/2017 5,480 5,797
    HEWLETT PACKARD CO NOTE - 3.750 - 12/01/2020 9,983 9,689
    HONEYWELL INTERNATIONAL - 04.250 - 03/01/2021 10,045 11,690
    HSBC HLDGS PLC NOTE - 5.100 - 04/05/2021 15,204 17,713
    INTEL CORP NOTE - 3.300 - 10/01/2021 9,976 10,604
    JOHNSON CTLS INC SR NT 5.00000 03/30/2020 10,935 11,365
    JP MORGAN CHASE 6.125 6/27/17 4,922 5,841
    JPMORGAN CHASE CO NT - 4.625 - 05/10/2021 4,994 5,701
    JPMORGAN CHASE CO NT 6.30000 04/23/2019 5,859 6,169
    KINDER MORGAN ENERGY PTNRS - 6.950 - 01/15/2038 5,591 6,579
    KRAFT FOODS INC NT 5.37500 02/10/2020 12,029 12,073
    KROGER CO SR NTS 6.4 8/15/17 5,949 6,035
    LOCKHEED MARTIN NT 04.25000 11/15/2019 10,079 11,276
    MERCK CO NOTE - 3.875 - 01/15/2021 16,955 16,834
    METLIFE INC NOTES 07.71700 02/15/2019 12,761 13,110
    MIDAMERICAN ENERGY CO NTS 6.125 04/01/2036 5,089 6,312
    MORGAN STANLEY CAP 5.359 2/12/44 9,556 9,584
    MORGAN STANLEY SR NT-F - 4.750 - 03/22/2017 14,952 16,364
    NBCUNIVERSAL MEDIA LLC - 5.150 - 04/30/2020 11,631 11,855
    NEWS AMERICA HLDGS DEB 8.45 8/1/2034 9,545 13,820
    NEXEN INC NT 5.87500 03/10/2035 5,011 6,181
    NORTHROP GRUMMAN 5.05 8/1/19 4,992 5,836
    ONTARIO PROVINCE OF-0.95-05/26/2015 24,995 25,321
    ORACLE CORP - 6.125 - 07/08/2039 5,345 6,673
    PHILIPS ELECTRONICS NV - 3.750 - 03/15/2022 4,977 5,405
    PROGRESS ENERGY INC - 7.050 - 03/15/2019 5,858 6,284
    PRUDENTIAL FINL INC MTN 05.37500 06/21/2020 10,901 11,690
    RABOBANK NEDERLAND MTN - 3.375 - 01/19/2017 10,324 10,743
    REPUBLIC SVCS INC NT - 5.700 - 05/15/2041 4,972 5,979
    ROYAL BANK OF CANADA - 01.200 - 09/19/2017 14,999 15,036
    SAFEWAY INC-04.75-12/01/2021 4,865 5,151
    SANOFI-AVENTIS -4.000 - 03/29/2021 10,068 11,398
    TELEFONICA EMISIONESSAU - 3.992 - 02/16/2016 4,948 5,203
    TEVA PHARMACEUTICAL FINANCE IV 2.250 03/18/2020SR NT 9,996 10,089
    TIME WARNER INC - 4.700 - 01/15/2021 5,143 5,692
    UNITED TECHNOLOGIES CORP-4.500-06/01/2042 4,938 5,556
    VERIZON COMM INC NOTES 06.400 02/15/2038 5,826 6,769
    WACHOVIA BANK 2007 C31 A2 - 5.421 - 04/15/2047 9,919 11,491
    WACHOVIA BK - 4.748 - 02/15/2041 16,124 17,539
    WACHOVIA BNK 2006-C28 A3 - 5.679 - 10/15/2048 26,958 37,940
    WAL MART STORES INC NT 5.62500 04/01/2040 9,916 12,970
    WELLPOINT INC - 03.30 - 01/15/2023 4,983 5,130
    WELLS FARGO COMPANY BOND 05.62500 12/11/2017 11,268 11,927
    WESTPAC BKG CORP-2.00-08/14/2017 4,996 5,150
    XCEL ENERGY INC SR NT 4.700 05/15/2020 10,840 11,694
    XEROX CORP SR NT 6.40000 03/15/2016 11,312 11,269

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    220 shares of 3M CO 19,223 20,427
    73 shares of ABBOTT LABS 5,139 4,782
    240 shares of ACCENTURE PLC 16,433 15,960
    165 shares of AGRIUM INC. 16,026 16,479
    83 shares of ALEXION PHARMACEUTICALS, INC. 5,296 7,780
    301 shares of ALLERGAN INC. 18,693 27,611
    62 shares of AMAZON COM 7,932 15,554
    392 shares of AMERICAN EXPRESS CO 17,257 22,532
    90 shares of AMERICAN TOWER REIT INC 4,686 6,954
    70 shares of ANADARKO PETROLEUM CORP 5,507 5,202
    270 shares of ANHEUSER BUSCH COS INC 19,072 23,601
    167 shares of APPLE INC. 35,640 88,873
    132 shares of ARM HOLDINGS PLC 3,744 4,994
    1053 shares of ATT CORP COM NEW 32,963 35,497
    121 shares of AVAGO TECHNOLOGIES LIMITED 4,233 3,830
    93 shares of BAIDU.COM - ADR 3,795 9,327
    52 shares of BIOGEN IDEC INC 7,326 7,611
    418 shares of BOEING CO 29,957 31,500
    77 shares of BRISTOL-MYERS SQUIBB CO 2,424 2,509
    146 shares of BROADCOM CORPORATION 4,898 4,849
    86 shares of BURBERRY GROUP PLC 3,204 3,507
    265 shares of CAPITAL ONE FINANCIAL CORP 16,318 15,351
    90 shares of CF INDUSTRIES HOLDINGS, INC 14,799 18,284
    345 shares of CHEVRON CORP 24,755 37,308
    23 shares of CHIPOLTE MEX GRILL 5,997 6,842
    323 shares of CHUBB CORP 16,847 24,328
    1310 shares of CISCO SYSTEMS INC 25,040 25,740
    620 shares of CITIGROUP INC 25,598 24,527
    127 shares of COACH INC 5,841 7,050
    820 shares of COCA-COLA CO 24,820 29,725
    820 shares of COMCAST CORP CL A 19,422 30,635
    44 shares of CONCHO RESOURCES INC 3,667 3,545
    180 shares of COOPER COMPANIES INC 17,516 16,646
    93 shares of COSTCO WHOLESALE CORP NEW 5,840 9,182
    458 shares of COVIDIEN LTD 21,260 26,445
    74 shares of CROWN CASTLE INTL 4,111 5,340
    415 shares of DISCOVER FINL SVCS COM 14,732 15,998
    28873 shares of DODGE COX INCOME FUND 390,462 400,184
    34972 shares of DRIEHAUS ACTIVE INCOME FUND MUTUAL FUND 381,995 373,152
    160 shares of DUNKIN BRANDS GROUP INC 4,362 5,309
    335 shares of EASTMAN CHEMICAL CO. 18,036 22,797
    18702 shares of EATON VANCE FLOATING RATE FUND INSTI SHARE 167,724 169,936
    717 shares of EBAY INC. 27,577 36,567
    1382 shares of EMC CORP-MASS 27,831 34,965
    280 shares of ENSCO PLC 16,037 16,598
    255 shares of EQUITY RESIDENTIAL PPTYS TR 11,537 14,451
    146 shares of ESTEE LAUDER COMPANIES INC 6,039 8,740
    1000 shares of SPDR DOW JONES REIT 68,590 72,970
    139 shares of EXPRESS SCRIPTS HOLDING CO. 7,000 7,506
    615 shares of EXXON MOBIL CORP 43,488 53,228
    245 shares of F M C CP 10,258 14,337
    260 shares of FACEBOOK INC 7,601 6,921
    58 shares of FAMILY DOLLAR STORES COMMON 3,921 3,678
    17127 shares of FIDELITY ADVISOR FLOATING RATE HIGH INCOME CL I 167,752 169,435
    1325 shares of FIFTH THIRD BANCORP 19,091 20,140
    895 shares of GANNETT CO INC 16,729 16,119
    1983 shares of GENERAL ELECTRIC CO 38,371 41,623
    85 shares of GILEAD SCIENCES INC 5,823 6,243
    43 shares of GOLDMAN SACHS GROUP 4,830 5,485
    51 shares of GOOGLE INC CL A 30,741 36,076
    420 shares of HERSHEY FOODS CORP COMMON 19,889 30,332
    570 shares of HOME DEPOT INC. 25,242 35,255
    78 shares of ILLUMINA INC COM 2,956 4,336
    730 shares of INTEL CORP 14,317 15,053
    167 shares of INTERNATIONAL BUSINESS MACHINES 21,794 31,989
    89 shares of INTUIT 5,372 5,293
    2294 shares of ISHARES BARCLAYS 1-3 YEAR TREASURY BOND FUND 192,631 193,659
    1840 shares of ISHARES BARCLAYS 1-3 YR CD BD FD 192,651 194,083
    1436 shares of ISHARES JP MORGAN 166,610 176,326
    400 shares of ISHARES MSCI PACIFIC EX-JAPAN 18,251 18,856
    2500 shares of ISHARES TR DJ SEL DIVIDEND INX 139,325 143,100
    444 shares of JOHNSON JOHNSON 28,254 31,124
    862 shares of JP MORGAN CHASE CO 36,247 37,901
    465 shares of L BRANDS INC 12,854 21,883
    86 shares of LINKEDIN CORPORATION CLASS A 6,443 9,875
    115 shares of LULULEMON ATHLETICA INC 6,357 8,766
    180 shares of MT BANK CORP 15,934 17,725
    625 shares of MACYS INC 17,610 24,388
    42 shares of MASTERCARD INC 12,251 20,634
    245 shares of MCCORMICK CO 15,836 15,565
    283 shares of MERCK CO INC. 10,615 11,586
    140 shares of MICHAEL KORS HOLDINGS LIMITED O 6,349 7,144
    584 shares of MICROSOFT CORPORATION 17,507 15,598
    243 shares of MONDELEZ INTERNATIONAL INC 6,639 6,185
    110 shares of MONSANTO CO 7,633 10,412
    480 shares of MOODYS CORP 19,377 24,154
    414 shares of MORGAN STANLEY 7,584 7,916
    675 shares of MYLAN INC. 16,109 18,529
    255 shares of NATL OILWELL VARCO 10,637 17,429
    158 shares of NIKE INC-CL B 5,439 8,153
    66 shares of NOVO NORDISK A S 8,285 10,772
    310 shares of OGE ENERGY CORP 14,554 17,456
    530 shares of ORACLE CORP 13,139 17,660
    255 shares of PALL CP 16,158 15,366
    24 shares of PERRIGO CO 2,718 2,497
    1289 shares of PFIZER INC. 23,528 32,327
    285 shares of PHILIP MORRIS INTL 26,101 23,837
    35478 shares of PIMCO TOTAL RETURN FUND 400,806 398,770
    190 shares of POLARIS INDUSTRIES 15,674 15,989
    61 shares of PRECISION CASTPARTS 6,730 11,555
    14 shares of PRICELINE.COM INCORPORATED 6,612 8,685
    432 shares of PROCTER GAMBLE CO 26,972 29,328
    180 shares of PVH CORP 17,631 19,982
    530 shares of QUALCOMM INC 27,913 32,786
    79 shares of RACKSPACE HOSTING INC 3,973 5,867
    53 shares of RALPH LAUREN CORP 4,679 7,946
    159 shares of RED HAT, INC 6,710 8,421
    660 shares of RESMED INC 20,927 27,436
    215 shares of ROSS STORES, INC. 13,243 11,629
    69 shares of SALESFORCE.COM 4,942 11,599
    70 shares of SCHLUMBERGER LTD 5,058 4,851
    290 shares of SHIRE PLC 20,139 26,732
    2455 shares of SPDR BARCLAYS INTL TREAS BD ETF 144,352 149,780
    85 shares of SPLUNK INC 2,639 2,467
    48 shares of STARBUCKS CORP COM 2,556 2,574
    830 shares of SUNCOR ENERGY INC 22,528 27,373
    16733 shares of T ROWE PRICE INST FLOAT RA-F 167,853 169,994
    51759 shares of T. ROWE PRICE SHORT TERM BOND FD 250,825 250,689
    13567 shares of TEMPLETON GLOBAL BD 179,116 180,987
    49 shares of TERADATA CORPORATION 3,530 3,033
    89 shares of TESLA MOTORS INC 2,491 3,014
    219 shares of TJX COMPANIES INC 9,397 9,297
    4000 shares of TORTOISE MLP FD INC 100,000 98,040
    23 shares of TRANSDIGM GRP INC 2,859 3,136
    287 shares of UNION PACIFIC 21,450 36,082
    350 shares of UNITED TECHNOLOGIES CORP 25,205 28,704
    364 shares of UNITEDHEALTH GROUP INC. 14,045 19,743
    17890 shares of VANGUARD GNMA FUND 197,376 194,819
    155 shares of VERTEX PHARMCTLS INC 5,830 6,495
    69 shares of VISA INC 7,164 10,459
    83 shares of VMWARE INC 3,544 7,814
    430 shares of WALT DISNEY HOLDINGS CO. 17,736 21,413
    1016 shares of WELLS FARGO CO. 28,656 34,727
    369 shares of WHOLE FOODS MARKET, INC. 20,740 33,638
    760 shares of WISCONSIN ENERGY CP 19,614 28,006
    30 shares of WORKDAY INC 1,495 1,635
    29 shares of YOUKU.COM 1,398 529
    115 shares of YUM BRANDS INC 8,030 7,636

    TY 2012 InvestmentsOtherSchedule2
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LBC CREDIT PARTNERS, LP   855,431 1,111,483
    LIGHTHOUSE MANAGED FUTURES FD SPC CL A   500,000 475,829

    TY 2012 OtherAssetsSchedule
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Due from Broker 3,995 77,776 77,776


    TY 2012 OtherExpensesSchedule
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 40,592     40,592
    Bank Charges 786 786    
    K-1 Passthrough Expenses LBC CREDIT PRTNS 4,837 4,603    
    Other Investment Expense 3,129 3,129    
    Class Action Filing Fees 25 25    


    TY 2012 OtherIncomeSchedule2
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss LBC CREDIT PARTNERS, LP 178,100 100,939  
    Foreign Tax Refund 590 590  


    TY 2012 OtherIncreasesSchedule
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Amount
    Returned Grant 13,063


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 54,094 54,094    


    TY 2012 TaxesSchedule
    Name:
    JMP Foundation Inc
    EIN: 20-3462159
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2012 7,500      
    Foreign Tax Paid 234 234    
    Form 990-T Income Tax for 2012 53,000      
    Form 990-T Income Tax for 2011 7,900      
    Estimated Tax for 2011 3,094