Form990-PF

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

02-0656117
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$13,983,151J 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 23 23  
4 Dividends and interest from securities...... 346,143 346,143  
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 309,241
b Gross sales price for all assets on line 6a 4,991,332
7 Capital gain net income (from Part IV, line 2)... 309,265
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 -62,333 23,456  
12 Total. Add lines 1 through 11........ 593,074 678,887  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 20,000     20,000
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 97,774 97,774    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 10,307 1,707    
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 58,630 6,550   48,270
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 186,711 106,031   68,270
25 Contributions, gifts, grants paid........ 762,000 762,000
26 Total expenses and disbursements. Add lines 24 and 25 948,711 106,031   830,270
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -355,637
b Net investment income (if negative, enter -0-) 572,856
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.......... 525,367 1,011,451 1,011,451
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 4,179,663 Click to see attachment4,316,490 4,914,063
c Investments—corporate bonds (attach schedule)........ 3,177,820 Click to see attachment1,469,670 1,804,210
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,181,010 Click to see attachment2,910,612 6,253,427
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) 10,063,860 9,708,223 13,983,151
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 10,063,860 9,708,223
30 Total net assets or fund balances (see page 17 of the
instructions).................... 10,063,860 9,708,223
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 10,063,860 9,708,223
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 10,063,860
2 Enter amount from Part I, line 27a..................... 2 -355,637
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 9,708,223
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 9,708,223
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 Pass-Through K-1 Capital Gain      
c Section 751 Gain on Sale of Partnership - Reclass      
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 4,991,332   4,681,773 309,579
b       -2
c       -312
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       309,579
b       -2
c       -312
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 2 309,265
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 735,882 13,262,033 000.055488
2010 877,676 12,540,697 000.069986
2009 686,758 10,726,216 000.064026
2008 1,649,938 15,781,388 000.104550
2007 1,196,935 25,139,677 000.047611
2 Total of line 1, column (d) ...................... 2 000.341661
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. . . 		3 000.068332
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 13,639,333
5 Multiply line 4 by line 3....................... 5 932,003
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,729
7 Add lines 5 and 6......................... 7 937,732
8 Enter qualifying distributions from Part XII, line 4.............. 8 830,270
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 11,457
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 11,457
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 11,457
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 22,762
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: 22762 7 22,762
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 11,305
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet11,305 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 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
     
    No
    .........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
    Louise M Flickinger Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Douglas L Matthews Dir / Sec
    005.00     		20,000    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Edward E Matthews Pres / Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Gregory E Matthews Dir
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Russell E Matthews 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
    UBS Financial Services Investment Management 90,901
    7700 Wisconsin Ave Ste 300
    Bethesda,MD20814
    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
    11,883,514
    b
    Average of monthly cash balances.......................
    1b
    889,730
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,073,795
    d
    Total (add lines 1a, b, and c).........................
    1d
    13,847,039
    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
    13,847,039
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    207,706
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    13,639,333
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    681,967
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    681,967
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    11,457
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,457
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    670,510
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    670,510
    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
    670,510
    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
    830,270
    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
    830,270
    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
    830,270
    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 7 670,510
    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....... 813,988
    c From 2009....... 156,025
    d From 2010....... 263,423
    e From 2011....... 86,527
    fTotal of lines 3a through e......... 1,319,963
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 830,270
    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..... 670,510
    e Remaining amount distributed out of corpus 159,760
    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 1,479,723
    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 ......     		1,479,723
    10 Analysis of line 9:
    a Excess from 2008.... 813,988
    b Excess from 2009.... 156,025
    c Excess from 2010.... 263,423
    d Excess from 2011.... 86,527
    e Excess from 2012.... 159,760
    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).)
    Edward E Matthews
    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
    ADIRONDACK COMMUNITY TRUST
    PO BOX 288
    LAKE PLACID,NY12946     		N/A 509a1 Keene Flood Recovery Fund 2,500
    ADIRONDACK TRAIL IMPROVEMENT
    PO BOX 565
    KEENE VALLEY,NY12943     		N/A 509a2 General Unrestricted 3,000
    AERONAUTICAL EDUCATIONAL FOUNDATION
    7430 C E DIXON ST
    STOCKTON,CA95206     		N/A 509a1 General Unrestricted 10,600
    AMERICAN CAMPING ASSOCIATION INC
    5000 ST RD 67 N
    MARTINSVILLE,IN46151     		N/A 509a2 Lockheed PV-2D Restoration Project 6,000
    AMERICAN CAMPING ASSOCIATION INC
    5000 ST RD 67 N
    MARTINSVILLE,IN46151     		N/A 509a2 General Unrestricted 2,000
    AUSABLE CLUB PRESERVATION FOUNDATION
    137 AUSABLE RD
    ST HUBERTS,NY12943     		N/A 509a1 George N. Sudduth Endowment Fund 2,000
    CAMP DUDLEY YMCA INC
    126 DUDLEY RD
    WESTPORT,NY12993     		N/A 509a2 General Unrestricted 2,000
    CAMP DUDLEY YMCA INC
    126 DUDLEY RD
    WESTPORT,NY12993     		N/A 509a2 Dudley Family Campaign 5,000
    CHURCH OF THE HOLY COMFORTER
    222 KENILWORTH AVE
    KENILWORTH,IL60043     		N/A 509a1 General Unrestricted 1,000
    COLUMBIA BUSINESS SCHOOL
    33 W 60TH ST 7TH FL
    NEW YORK,NY10023     		N/A 509a1 General Unrestricted 2,500
    CREATIVE HEARTWORK INC
    5 DRAKE COURT
    BOONTON TOWNSHIP,NJ07005     		N/A 509a1 General Unrestricted 1,000
    D & R GREENWAY LAND TRUST INC
    1 PRESERVATION PL
    PRINCETON,NJ08540     		N/A 509a1 General Unrestricted 1,000
    FOUNDATION FOR MORRISTOWN MEDICAL CENTER
    475 S ST
    MORRISTOWN,NJ07960     		N/A 509a1 Pediatric ER 10,000
    GILL ST BERNARDS SCHOOL
    ST BERNARDS RD
    GLADSTONE,NJ07934     		N/A 509a1 General Unrestricted 50,000
    GILL ST BERNARDS SCHOOL
    ST BERNARDS RD
    GLADSTONE,NJ07934     		N/A 509a1 Lower School Science Department 1,000
    GILL ST BERNARDS SCHOOL
    ST BERNARDS RD
    GLADSTONE,NJ07934     		N/A 509a1 Final Pledge 100,000
    HOMEFRONT INC
    1880 PRINCETON AVE
    LAWRENCEVILLE,NJ08648     		N/A 509a1 General Unrestricted 500
    HURRICANE SANDY NEW JERSEY RELIEF FUND INC
    ONE GATEWAY CENTER
    NEWARK,NJ07102     		N/A 509a1 General Unrestricted 5,000
    KOHL CHILDRENS MUSEUM OF GREATER CHICAGO INC
    2100 PATRIOT BLVD
    GLENVIEW,IL60026     		N/A 509a1 Capital Campaign 13,000
    MCCARTER THEATRE COMPANY
    91 UNIVERSITY PL
    PRINCETON,NJ08540     		N/A 509a1 General Unrestricted 1,000
    MENDHAM TOWNSHIP FIRST AID SQUAD INC
    PO BOX 122
    BROOKSIDE,NJ07926     		N/A 509a1 General Unrestricted 10,000
    MENDHAM TOWNSHIP POLICE DEPARTMENT
    3 CHERRY LN
    BROOKSIDE,NJ07926     		N/A 509a1 General Unrestricted 10,000
    MOTHERS2MOTHERS INTERNATIONAL INC
    104 5TH AVE FL 6
    NEW YORK,NY10011     		N/A 509a1 General Unrestricted 2,000
    MOTHERS2MOTHERS INTERNATIONAL INC
    104 5TH AVE FL 6
    NEW YORK,NY10011     		N/A 509a1 General Unrestricted 2,500
    NASSAU COOPERATIVE NURSERY SCHOOL
    33 MERCER ST
    PRINCETON,NJ08540     		N/A 509a1 General Unrestricted 3,000
    NASSAU PRESBYTERIAN CHURCH
    61 NASSAU ST
    PRINCETON,NJ08540     		N/A 509a1 General Unrestricted 3,000
    NATIONAL MARINE SANCTUARY FOUNDATION
    8601 GEORGIA AVE STE 501
    SILVER SPRING,MD20910     		N/A 509a1 USS Macon Project 9,400
    NORTH SHORE COUNTRY DAY SCHOOL
    310 GREEN BAY RD
    WINNETKA,IL60093     		N/A 509a1 Annual Fund 5,000
    NORTH SHORE COUNTRY DAY SCHOOL
    310 GREEN BAY RD
    WINNETKA,IL60093     		N/A 509a1 Capital Campaign 57,000
    PEAPACK GLADSTONE FIRE COMPANY NO 1 INC
    PO BOX 615
    GLADSTONE,NJ07934     		N/A 509a1 General Unrestricted 1,000
    PENNINGTON SCHOOL
    112 W DELAWARE AVE
    PENNINGTON,NJ08534     		N/A 509a1 The Pennington Fund 15,500
    PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE
    5 COURT ST
    MIDDLEBURY,VT05753     		N/A 509a1 Hockey Endowment 5,000
    PRESIDENT & FELLOWS OF MIDDLEBURY COLLEGE
    5 COURT ST
    MIDDLEBURY,VT05753     		N/A 509a1 David A. Nalen 81 Memorial Scholarship Fund 10,000
    PRINCETON DAY SCHOOL INC
    PO BOX 75
    PRINCETON,NJ08542     		N/A 509a1 Pledge 260,000
    PRINCETON DAY SCHOOL INC
    PO BOX 75
    PRINCETON,NJ08542     		N/A 509a1 Turf Field 15,000
    RALSTON ENGINE COMPANY NO 1
    PO BOX 356
    MENDHAM,NJ07945     		N/A 509a1 General Unrestricted 20,000
    REHABILITATION INSTITUTE OF CHICAGO
    345 E SUPERIOR ST
    CHICAGO,IL60611     		N/A 509a1 RIC-Mark Stephan Challenge - Cross Country Ride 3,000
    S A V E - A FRIEND TO HOMELESS ANIMALS INC
    900 HERRONTOWN RD
    PRINCETON,NJ08540     		N/A 509a2 General Unrestricted 500
    SMILE TRAIN INC
    41 MADISON AVE 28TH FL
    NEW YORK,NY10010     		N/A 509a1 General Unrestricted 500
    SPECIAL OPS SURVIVORS
    PMB 4049 3111 CAMINO DEL RIO N 400
    SAN DIEGO,CA92108     		N/A 509a1 General Unrestricted 10,000
    SPECIAL OPS SURVIVORS
    PMB 4049 3111 CAMINO DEL RIO N 400
    SAN DIEGO,CA92108     		N/A 509a1 Families of Fallen Special Warfare Soldiers 5,000
    ST JOSEPHS CATHOLIC CHURCH
    6 NEW ST
    MENDHAM,NJ07945     		N/A 509a1 General Unrestricted 500
    STEVE GLIDDEN FOUNDATION
    PO BOX 1427
    POINT ROBERTS,WA98281     		N/A 509a2 General Unrestricted 1,000
    THE FIRST PRESBYTERIAN CHURCH OF MENDHAM
    14 HILLTOP RD
    MENDHAM,NJ07945     		N/A 509a1 General Unrestricted 2,000
    THE INTERNATIONAL GROUP FOR HISTORIC AIRCRAFT RECOVERY
    2812 FAWKES DR
    WILMINGTON,DE19808     		N/A 509a1 Devastator Project 35,000
    TRINITY COUNSELING SERVICE
    22 STOCKTON ST
    PRINCETON,NJ08540     		N/A 509a2 General Unrestricted 5,000
    TRINITY COUNSELING SERVICE
    22 STOCKTON ST
    PRINCETON,NJ08540     		N/A 509a2 General Unrestricted 1,000
    TRINITY UNIVERSITY
    1 TRINITY PL
    SAN ANTONIO,TX78212     		N/A 509a1 General Unrestricted 3,500
    TRUSTEES OF THE LAWRENCEVILLE SCHOOL
    PO BOX 6126
    LAWRENCEVILLE,NJ08648     		N/A 509a1 Capital Campaign 10,000
    WEST COAST SPORTS MEDICINE FOUNDATION
    1200 ROSECRANS AVE STE 206
    MANHATTAN BCH,CA90266     		N/A 509a1 Summer Student Training Mentoring Program 30,000
    WILLIAM MARSH RICE UNIVERSITY
    6100 MAIN ST
    HOUSTON,TX77005     		N/A 509a1 Dr. Mrs. David M. Mumford Award 5,000
    WOOD RIVER COMMUNITY YOUNG MENS CHRISTIAN ASSN INC
    PO BOX 6801
    KETCHUM,ID83340     		N/A 509a1 General Unrestricted 2,500
    Total .................................bullet 3a 762,000
    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 23  
    4 Dividends and interest from securities....     14 346,143  
    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 18 309,245  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aPass-Through K-1 Inc/Loss 525990 -89,103 14 26,458  
    bSec. 751 Gain on Sale of Partnership 525990 312      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -88,795 681,869  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13593,074
    (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: 22762


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    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         4,991,332 4,681,773     309,559  
    Pass-Through K-1 Capital Gain                 -2  
    Section 751 Gain on Sale of Partnership - Reclass                 -312  
    Pass-Through K-1 UBI                 -4  

    TY 2012 GeneralExplanationAttachment
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    Software ID:12000057
    Software Version:12.19.1011.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BEAR STEARNS COS INC - 4.650 - 07/02/2018 454,710 565,980
    PACIFIC BELL DEB - 7.125 - 03/15/2026 551,210 668,425
    PRUDENTIAL FINL INC BONDS - 5.750 - 07/15/2033 463,750 569,805

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1045 shares of ACCENTURE PLC 40,847 69,493
    1155 shares of AFLAC INC. 55,733 61,354
    659 shares of AIR PRODS CHEM INC. 55,841 55,369
    1755 shares of AMERICAN CAPITAL AGENCY CORP. 52,249 50,720
    1070 shares of ANALOG DEVICES INC. 30,225 45,004
    3035 shares of ANNALY MTG MGMT INC. COM 47,877 42,611
    1163 shares of ASTRAZENECA 55,543 54,975
    1278 shares of AUTOMATIC DATA PROCESSING INC. 62,834 72,757
    655 shares of AVERY DENNISON CORP 27,114 22,873
    1022 shares of BANK OF NOVA SCOTIA 55,581 59,153
    807 shares of BOEING CO 55,826 60,816
    3480 shares of BOSTON SCIENTIFIC 25,324 19,940
    2127 shares of BRANDYWINE RLTY TR 24,271 25,928
    533 shares of BRITISH AMERICAN TOBACCO PLC 55,727 53,966
    1645 shares of BROADRIDGE FINANCIAL SOLUTIONS 35,736 37,638
    2545 shares of CABLEVISION SYSTEMS CORP CL A 38,481 38,022
    1255 shares of CENTURY LINK INC 49,134 49,096
    545 shares of CHUBB CORP 25,375 41,049
    793 shares of CLOROX CO 52,699 58,063
    1440 shares of COCA-COLA CO 55,493 52,200
    522 shares of COLGATE-PALMOLIVE COMPANY 55,736 54,570
    502 shares of DIAGEO PLC ADS 55,634 58,523
    1478 shares of DISCOVERY COMMUNICATIONS CL A 57,566 93,823
    596 shares of DUKE ENERGY CO 29,981 38,025
    3119 shares of EMC CORP-MASS 55,192 78,911
    1114 shares of EMERSON ELECTRIC CO. 55,896 58,997
    996 shares of ENDURANCE SPCLTY HLDGS LTD 31,828 39,531
    689 shares of ENERGY SELECT SPDR 50,152 49,208
    390 shares of ENTERGY CORP 26,911 24,863
    883 shares of EXELON CORPORATION 36,302 26,260
    1400 shares of EXPEDITORS INTL WASH INC. 59,286 55,370
    1316 shares of EXPRESS SCRIPTS HOLDING CO. 67,647 71,064
    1475 shares of FIRST AMERICAN CORP 23,231 35,533
    1377 shares of GENERAL MILLS INC 55,612 55,658
    660 shares of GENUINE PARTS COMPANY 29,610 41,963
    530 shares of GRACE W.R. CO. DE 23,896 35,632
    931 shares of H.J. HEINZ COMPANY 42,248 53,700
    780 shares of HAEMONETICS CP 25,230 31,855
    1015 shares of HASBRO INC 29,075 36,439
    960 shares of HEALTH CARE PPTY INVS INC 26,474 43,354
    737 shares of HEALTH CARE REIT INC. 27,420 45,171
    3162 shares of HUDSON CITY BANCORP INC COMMON 36,670 25,707
    918 shares of ILLINOIS TOOL WORKS 55,864 55,824
    1380 shares of INVESCO PLC 35,908 36,004
    270 shares of ITC HOLDINGS CORP 21,064 20,766
    812 shares of JOHNSON JOHNSON 55,733 56,921
    514 shares of MT BANK CORP 37,950 50,614
    173 shares of MASTERCARD INC 41,596 84,991
    1290 shares of MATTELL INC. 21,355 47,240
    465 shares of MCKESSON CORP 31,932 45,086
    1296 shares of MEDTRONIC INC 55,763 53,162
    390 shares of NATL FUEL GAS CO 20,709 19,769
    3070 shares of NEW YORK COMNTY BANCORP INC. 38,594 40,217
    1480 shares of NEXEN INC 29,097 39,871
    822 shares of NEXTERA ENERGY, INC 55,570 56,874
    1016 shares of NIKE INC-CL B 52,751 52,426
    1265 shares of NISOURCE INC. 14,942 31,486
    1505 shares of NORTHEAST UTIL 55,559 58,815
    925 shares of NOVARTIS AG ADR 55,879 58,553
    2931 shares of OLD REP INTL CORP 44,734 31,215
    840 shares of OMNICOM GROUP 33,754 41,966
    2887 shares of PEARSON PLC 55,591 56,412
    1825 shares of QUALCOMM INC 66,091 112,894
    965 shares of RAYTHEON CO. 49,356 55,545
    1495 shares of REGAL ENTERTAINMENT 20,741 20,855
    345 shares of ROCKWELL COLLINS INC 14,106 20,069
    1262 shares of SANOFI-AVENTIS SPONSORED ADR 43,868 59,794
    860 shares of SCANNA CORPORATION 29,774 39,250
    1402 shares of SCRIPPS NETWORKS INT 46,574 81,204
    710 shares of SEMPRA ENERGY COM 25,842 50,367
    1005 shares of SONOCO PRODUCTS COMPANY 30,658 29,879
    455 shares of SPDR GOLD TR GOLD SHS 20,554 73,719
    1449 shares of SPDR SP DIVIDEND ETF 83,020 84,274
    1315 shares of ST. JUDE MED INC. 52,341 47,524
    1478 shares of STANLEY BLACK DECKER INC 111,630 109,328
    1742 shares of STARWOOD HOTELS RESORTS 94,779 99,921
    955 shares of SUN COMMUNITIES INC 37,776 38,095
    4620 shares of SUNCOR ENERGY INC 142,906 152,368
    1640 shares of SUNTRUST BKS INC 30,973 46,494
    1345 shares of SYSCO CORP 41,288 42,583
    1104 shares of T. ROWE PRICE ASSOCIATES 65,786 71,889
    1618 shares of TECHNOLOGY SPDR 47,287 46,679
    1795 shares of TECO ENERGY INC. 31,430 30,084
    1210 shares of TELEPHONE DATA SYS INC. 36,876 26,789
    1260 shares of THE BABCOCK AND WILCOX COMPANY 28,448 33,012
    672 shares of TORONTO DOMINION 55,885 56,670
    1080 shares of TOTAL FINA ELF S.A. 55,908 56,171
    732 shares of UNILEVER PLC AMER 27,226 28,343
    403 shares of UNION PACIFIC 50,580 50,665
    756 shares of UNITED PARCEL SERVICE 55,821 55,740
    684 shares of UNITED TECHNOLOGIES CORP 55,689 56,095
    2129 shares of WELLS FARGO CO. 60,042 72,769
    922 shares of WYNN RESORTS LIMITED COMMON 96,075 103,716
    1065 shares of XCEL ENERGY INC 20,712 28,446
    4610 shares of XEROX CP 44,421 31,440
    570 shares of ZIMMER HOLDINGS INC 24,175 37,996

    TY 2012 InvestmentsOtherSchedule2
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    Software ID:12000057
    Software Version:12.19.1011.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ATLAS ENERGY LP   37,575 173,700
    BOARDWALK PIPELINE PARTNERS LP   220,339 249,000
    ENERGY TRANSFER EQUITY LP     454,800
    GENESIS ENERGY, L.P.   214,542 571,520
    INERGY, LP   279,580 294,132
    LOEB OFFSHORE FUND LTD SER ONE   634,020 1,073,795
    MAGELLAN MIDSTREAM PARTNERS LP   123,658 604,660
    MARKWEST ENERGY PARTNERS L.P.   523,121 1,275,250
    PLAINS ALL AMERICAN PIPELINE LP   236,272 904,800
    SUBURBAN PROPANE PARTNERS LP   68,426 67,850
    WILLIAMS PARTNERS LP   573,079 583,920

    TY 2012 OtherExpensesSchedule
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    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 48,245     48,245
    Bank Charges 75 75    
    K-1 Exp ATLAS ENERGY LP 2,848 2    
    K-1 Exp ATLAS RESOURCE PARTNERS LP 80      
    K-1 Exp BOARDWALK PIPELINE PARTNERS LP 81 26    
    K-1 Exp ENERGY TRANSFER EQUITY LP 3,151 3,121    
    K-1 Exp GENESIS ENERGY, L.P. 1,022 886    
    K-1 Exp INERGY, LP 10      
    K-1 Exp MAGELLAN MIDSTREAM PARTNERS LP 70      
    K-1 Exp MARKWEST ENERGY PARTNERS L.P. 59      
    K-1 Exp PLAINS ALL AMERICAN PIPELINE LP 2,906 2,436    
    K-1 Exp SUBURBAN PROPANE PARTNERS LP 11      
    K-1 Exp WILLIAMS PARTNERS LP 47 4    
    State or Local Filing Fees 25     25


    TY 2012 OtherIncomeSchedule2
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    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 ATLAS ENERGY LP -1,383 -92  
    K-1 Inc/Loss ATLAS RESOURCE PARTNERS LP -104 -109  
    K-1 Inc/Loss BOARDWALK PIPELINE PARTNERS LP -13,285 30  
    K-1 Inc/Loss ENERGY TRANSFER EQUITY LP 3,808 7,430  
    K-1 Inc/Loss GENESIS ENERGY, L.P. 31,527 4,258  
    K-1 Inc/Loss INERGY, LP -26,490 189  
    K-1 Inc/Loss MAGELLAN MIDSTREAM PARTNERS LP 11,955 7  
    K-1 Inc/Loss MARKWEST ENERGY PARTNERS L.P. -52,595 11,451  
    K-1 Inc/Loss PLAINS ALL AMERICAN PIPELINE LP 16,534 344  
    K-1 Inc/Loss SUBURBAN PROPANE PARTNERS LP 137 -82  
    K-1 Inc/Loss WILLIAMS PARTNERS LP -32,749 30  
    Sec751 Gain on Sale ATLAS RESOURCE PARTNERS LP 312    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 90,901 90,901    
    Professional Investment Services 6,873 6,873    


    TY 2012 TaxesSchedule
    Name:
    The Edward E and Marie L Matthews Foundation
    EIN: 02-0656117
    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 8,600      
    Foreign Tax Paid 1,707 1,707