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
Lighten Family 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

20-8069108
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$5,307,587J 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) 20,285
2 Check bullet
3 Interest on savings and temporary cash investments 25 25  
4 Dividends and interest from securities...... 148,779 148,779  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 33,281
b Gross sales price for all assets on line 6a 1,531,669
7 Capital gain net income (from Part IV, line 2)... 33,281
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 127 113  
12 Total. Add lines 1 through 11........ 202,497 182,198  
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 43,679 43,679    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 3,919 1,519    
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 14,620 845   13,775
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 62,218 46,043   13,775
25 Contributions, gifts, grants paid........ 398,550 398,550
26 Total expenses and disbursements. Add lines 24 and 25 460,768 46,043   412,325
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -258,271
b Net investment income (if negative, enter -0-) 136,155
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.......... 826,379 154,067 154,067
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   1,300    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 2,185,132 Click to see attachment2,056,709 2,641,592
c Investments—corporate bonds (attach schedule)........ 1,270,073 Click to see attachment1,313,737 1,458,569
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 503,169 Click to see attachment1,003,169 1,053,359
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) 4,786,053 4,527,682 5,307,587
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) Click to see attachment100  
23 Total liabilities (add lines 17 through 22).......... 100 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 4,785,953 4,527,682
30 Total net assets or fund balances (see page 17 of the
instructions).................... 4,785,953 4,527,682
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 4,786,053 4,527,682
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 4,785,953
2 Enter amount from Part I, line 27a..................... 2 -258,271
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 4,527,682
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 4,527,682
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 Section 751 Gain on Sale of Partnership - Reclass      
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 1,531,669   1,498,402 33,307
b       -26
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       33,307
b       -26
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 33,281
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 312,414 5,428,906 000.057546
2010 374,374 5,221,067 000.071705
2009 227,344 4,736,569 000.047998
2008 216,188 4,012,158 000.053883
2007 244,644 3,479,356 000.070313
2 Total of line 1, column (d) ...................... 2 000.301445
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. . . 		3 000.060289
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 5,336,524
5 Multiply line 4 by line 3....................... 5 321,734
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,362
7 Add lines 5 and 6......................... 7 323,096
8 Enter qualifying distributions from Part XII, line 4.............. 8 412,325
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 1,362
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 1,362
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 1,362
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 2,533
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: 2533 7 2,533
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 1,171
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet1,171 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Adrienne J Lighten VP
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Alexis N Lighten VP
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Christopher W Lighten VP
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Janifer Lynn Lighten VP
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    William E Lighten Pres / Dir / Sec
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,091,753
    b
    Average of monthly cash balances.......................
    1b
    309,896
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,016,142
    d
    Total (add lines 1a, b, and c).........................
    1d
    5,417,791
    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
    5,417,791
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    81,267
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    5,336,524
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    266,826
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    266,826
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    1,362
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,362
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    265,464
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    265,464
    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
    265,464
    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
    412,325
    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
    412,325
    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
    1,362
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    410,963
    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 7 265,464
    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....... 63,274
    b From 2008....... 16,592
    c From 2009.......  
    d From 2010....... 119,359
    e From 2011....... 47,249
    fTotal of lines 3a through e......... 246,474
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 412,325
    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..... 265,464
    e Remaining amount distributed out of corpus 146,861
    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 5 393,335
    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) ...     		63,274
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		330,061
    10 Analysis of line 9:
    a Excess from 2008.... 16,592
    b Excess from 2009....  
    c Excess from 2010.... 119,359
    d Excess from 2011.... 47,249
    e Excess from 2012.... 146,861
    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).)
    Janifer Lynn Lighten
    William E Lighten
    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
    ARCHBISHOP STEPINAC HIGH SCHOOL
    950 MAMARONECK AVE
    WHITE PLAINS,NY10605     		N/A 509a1 General Unrestricted 2,500
    BARUCH COLLEGE FUND
    ONE BERNARD BARUCH WAY BOX A-1603
    NEW YORK,NY10010     		N/A 509a3 General Unrestricted 20,000
    BETA ZETA BOULE FOUNDATION
    9 BAYBERRY RD
    ELMSFORD,NY10523     		N/A 509a1 General Unrestricted 500
    BLACK ENTERPRISE B R I D G E FOUNDATION
    123 RANDOM FARMS DR
    CHAPPAQUA,NY10514     		N/A 509a1 General Unrestricted 1,000
    BOYS AND GIRLS CLUB OF NEW ROCHELLE INC
    79 7TH ST
    NEW ROCHELLE,NY10801     		N/A 509a1 General Unrestricted 500
    CENTER CHAPEL MISSIONARY BAPTIST CHURCH
    3715 E SHELBY DR
    MEMPHIS,TN38118     		N/A 509a1 General Unrestricted 4,500
    COLON CANCER CHALLENGE FOUNDATION
    21 PARK ST
    RYE,NY10580     		N/A 509a1 Charitable Event 1,000
    FOUNDATION OF WESTCHESTER CLUBMEN INC
    8 IDLEWOOD RD
    WHITE PLAINS,NY10605     		N/A 509a1 General Unrestricted 6,000
    GRACE BAPTIST CHURCH
    52 S 6TH AVE
    MT VERNON,NY10550     		N/A 509a1 General Unrestricted 44,350
    HARLEM JUNIOR TENNIS & EDUCATION PRGM INC
    40 W 143RD ST
    NEW YORK,NY10037     		N/A 509a1 General Unrestricted 1,000
    LUNG CANCER RESEARCH FOUNDATION
    800 3RD AVE 4TH FL
    NEW YORK,NY10022     		N/A 509a1 General Unrestricted 500
    MOUNT VERNON MB CHURCH
    6580 HWY 57 E POBOX 189
    ROSSVILLE,TN38066     		N/A 509a1 General Unrestricted 500
    NAACP LEGAL DEFENSE AND EDUCATIONAL FUND INC
    99 HUDSON ST FL 16
    NEW YORK,NY10013     		N/A 509a1 General Unrestricted 25,000
    NEW ROCHELLE POLICE FOUNDATION INC
    475 N AVE
    NEW ROCHELLE,NY10801     		N/A 509a1 General Unrestricted 4,000
    NEW YORK THEOLOGICAL SEMINARY
    475 RIVERSIDE DR STE 500
    NEW YORK,NY10115     		N/A 509a1 General Unrestricted 5,000
    RETT SYNDROME RESEARCH TRUST INC
    67 UNDER CLIFF RD
    TRUMBULL,CT06611     		N/A 509a1 General Unrestricted 1,200
    STUYVESANT HIGH SCHOOL ALUMNI ASSOCIATION INC
    345 CHAMBERS ST RM 301B
    NEW YORK,NY10282     		N/A 509a1 General Unrestricted 1,000
    WASHINGTON D C MARTIN LUTHER KING JR NATL MEM PROJECT FOUNDATION INC
    401 F ST NW
    WASHINGTON,DC20001     		N/A 509a1 General Unrestricted 25,000
    WESTCHESTER HAWKS
    15 COVENTRY CIR
    MAHOPAC,NY10541     		N/A 509a2 General Unrestricted 5,000
    YALE UNIVERSITY
    PO BOX 208239
    NEW HAVEN,CT06520     		N/A 509a1 General Unrestricted 250,000
    Total .................................bullet 3a 398,550
    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 25  
    4 Dividends and interest from securities....     14 148,779  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 33,281  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Inc/Loss 525990 -12 14 113  
    bSection 751 Gain on Sale of PTP 525990 26      
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 14 182,198  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13182,212
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 12000057
    Software Version: 12.13.328.3
    Part VI Line 7 - Tax Paid Original Return: 2533


    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:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded Securities         1,531,669 1,498,402     33,267  
    Section 751 Gain on Sale of Partnership - Reclass                 -26  

    TY 2012 GeneralExplanationAttachment
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AES CORP - 8.000 - 10/15/2017 11,643 13,860
    AFFINION GROUP INC SR NT - 7.875 - 12/15/2018 6,216 5,338
    AIRCASTLE LTD SR NT - 6.750 - 04/15/2017 6,240 6,420
    ALLIANT TECHSYSTEMS INC - 6.875 - 9/15/2020 12,543 13,170
    ALLY FINL INC - 8.000 - 03/15/2020 4,540 4,900
    AMERICAN TOWER CORP - 4.500 - 01/15/2018 35,804 38,366
    AMERICAN WEST AIRLS-8.057-07/02/2020 6,206 7,180
    AMERISTAR CASINOS INC - 7.500 - 04/15/2021 7,665 7,586
    ANHEUSER BUSCH COS INC 5.5 01/15/2018 23,647 29,970
    APACHE CORP NT 6.90000 09/15/2018 21,686 25,506
    ATT INC GLBL NT - 3.000 - 02/15/2022 20,086 20,800
    AUTONATION INC NOTES-06.750-04/15/2018 12,300 13,560
    AVIS BUDGET CAR - 8.250 - 10/15/2014 7,665 7,735
    BALL CORP - 5.750 - 05/15/2021 5,910 6,495
    BANK AMER FDG CORP SR NT-L 7.62500 06/01/2019 28,156 31,988
    BANK OF NEW YORK MELLON 5.450 DUE 05-15-19 20,152 23,899
    BECTON DICKINSON CO 5.00000 05/15/2019 NT 20,066 23,706
    BERKSHIRE HATHAWAY INC DEL - 3.400 - 01/31/2022 4,986 5,386
    BRISTOL-MYERS SQUIBB NOTES 05.45000 05/01/2018 21,242 24,160
    CASE CORP NT 7.25000 01/15/2016 5,170 5,625
    CATERPILLAR FINL SVCS MTNS - 7.150 - 02/15/2019 20,339 26,041
    CCO HLDGS LLC / CCO HLDG CAP - 7.250 - 10/30/2017 12,395 13,080
    CCO HLDGS LLC CAP CORP - 6.500 - 04/30/2021 4,931 5,394
    CHESAPEAKE ENERGY NOTES 07.25000 12/15/2018 18,816 19,620
    CHS/CMNTY HEALTH SYS INC - 7.1250 - 07/15/2020 7,149 7,473
    CINEMARK USA INC-8.625-06/15/2019 6,533 6,645
    CIT GROUP INC BOND - 05.000 - 05/15/2017 17,978 19,080
    CLEAR CHANNEL INC - 7.625 - 03/15/2020 13,950 14,105
    CONOCOPHILLIPS - 5.750 - 02/01/2019 25,678 30,748
    CONSTELLATION BRANDS INC 8.375 12/15/2014 6,505 6,705
    CONTINENTAL AIRLINES-4.750-01/12/2021 14,397 15,568
    CSC HLDGS INC - 7.625 - 07/15/2018 4,375 5,775
    DEL MONTE CORP - 7.625 - 02/15/2019 7,271 7,298
    ECHOSTAR DBS CORP SR NT - 7.12500 - 02/01/2016 17,049 19,040
    EL PASO CORP - 7.000 - 06/15/2017 11,600 13,708
    EMERSON ELECTRIC CO - 5.000 - 04/15/2019 20,151 23,935
    ENERGY FUTURE INTER - 10.000 - 12/01/2020 11,883 12,403
    ENERGY TRANSFER EQUITY - 7.500 - 10/15/2020 11,730 12,705
    EOG RESOURCES INC NOTES 05.62500 06/01/2019 24,954 30,687
    FIRST DATA CORP SR NT - 9.875 - 09/24/2015 5,535 6,120
    FORD MOTOR CREDIT CO LLC - 5.875 - 08/02/2021 43,899 46,581
    FREESCALE SEMICONDUCTOR INC 10.12500 12/15/2016 1,686 2,060
    GE CAP CORP SR UNSERUES 5.625 9/15/17 18,031 23,586
    GENON ESCROW CORP - 9.875 - 10/15/2020 10,210 11,550
    GENWORTH FINL INC-7.625-09/24/2021 6,040 6,672
    GMAC LLC GTD SR NT - 8.000 - 11/01/2031 10,255 13,929
    HARRAHS OPER INC SR SECD - 11.250 - 06/01/2017 7,445 7,490
    HCA INC - 7.875 - 02/15/2020 16,990 17,800
    HEALTH MGMT ASSN - 6.125 - 4/15/2016 5,933 7,560
    HEWLETT PACKARD CO-04.300-06/01/2021 34,575 34,667
    HOST HOTELS RESORTS LP - 5.875 - 06/15/2019 13,845 14,170
    HUNTINGTON INGALLS INDS INC - 6.875 - 03/15/2018 11,645 11,963
    ICAHN ENTERPRISES - 8.000 - 01/15/2018 11,948 12,885
    INTELSAT JACKSON HLDGS LTD - 7.250 - 04/01/2019 12,646 12,900
    INTERNATIONAL LEASE FIN CORP - 8.250 - 12/15/2020 5,438 5,963
    INTERNATIONAL LEASE FIN MTN BE 5.625 09/20/2013 F 5,325 6,150
    IRON MTN INC DEL SR SB NT - 8.375 - 08/15/2021 6,315 6,660
    JOHNSON CTLS INC SR NT 5.00000 03/30/2020 25,045 28,413
    JPMORGAN CHASE CO NT - 4.625 - 05/10/2021 42,727 45,606
    L-3 COMMUNICATIONS CORP - 4.750 - 07/15/2020 24,091 27,866
    L-3 COMMUNICATIONS CORP-4.95-02/15/2021 10,413 11,283
    LEUCADIA NATL CORP NTS 8.125 09/15/2015 8,263 10,119
    LEVEL 3 FINANCING INC. BOND- 8.125 - 01/01/2012 12,883 13,080
    LINN ENERGY LLC - 7.750 - 02/01/2021 7,159 7,455
    LUBRIZOL CORP NOTES 08.87500 02/01/2019 21,909 27,907
    MARKWEST ENERGY PARTNERS-06.750-11/01/2020 6,173 6,540
    MASCO CORP NT - 5.950 - 03/15/2022 10,981 12,193
    MGM MIRAGE INC NOTES - 7.625 - 01/15/2017 6,015 6,420
    MORGAN STANLEY MTN 05.95000 12/28/2017 26,001 28,310
    NEWFIELD EXPLORTN CONOTES - 7.125 - 05/15/2018 6,450 7,385
    NRG ENERGY INC-8.50-06/15/2019 10,358 11,000
    NUCOR CORP 5.85 6/1/18 20,722 24,370
    PAETEC HOLDING CORP GTD SR SEC NT 8.87500 06/30/2 5,050 5,363
    PEABODY ENERGY CORP NOTE - 6.500 - 09/15/2020 7,015 7,508
    PENN NATL GAMING INCSR-8.75-08/15/2019 10,729 11,400
    PLAINS EXPL PRO CO - 6.625 - 05/01/2021 7,385 7,709
    PRAXAIR INC NT 4.50000 08/15/2019 15,225 17,367
    RANGE RES CORP - 6.750 - 08/01/2020 12,728 13,020
    RITE AID CORP SR NT - 7.500 - 03/01/2017 6,128 6,165
    SALLY HLDGS LLC - 5.750 - 06/01/2022 7,473 7,595
    SANDRIDGE ENERGY INCSR NT - 7.500 - 03/15/2021 11,955 12,840
    SEALED AIR CORP - 7.875 - 06/15/2017 7,490 7,464
    SEARS HLDGS CORP - 6.625 - 10/15/2018 11,448 12,740
    SERVICEMASTER CO SR NT - 8.000 - 2/15/2020 7,837 7,298
    SMITHFIELD FOODS INC - 7.750 - 07/01/2017 4,928 8,155
    SOUTHWESTERN ENERGY CO-7.50-02/01/2018 28,968 30,637
    SPRINT CAP CORP GTD NT - 6.900 - 05/01/2019 11,120 13,080
    TENET HEALTHCARE CORP 9.25 02/01/2015 5,971 7,858
    U S BANCORP MTNS BK SR NT - 4.125 - 05/24/2021 10,980 11,340
    UNITED RENTALS NORTH NTS - 9.250 - 12/15/2019 11,473 12,540
    UNITED TECHNOLOGIES CORP - 6.125 - 02/01/2019 21,518 24,925
    UNITED TECHNOLOGIES CORP 04.50000 04/15/2020 16,618 17,623
    VERIZON COMMUNICATIONS - 6.350 - 04/01/2019 20,826 25,276
    VISTEON CORP SR NT - 6.750 - 04/15/2019 5,940 6,390
    WACHOVIA CORP GLOBAL MTN - 5.750 - 02/01/2018 5,634 5,990
    WELLS FARGO CO - 4.600 - 04/01/2021 37,413 40,257
    WYNN LAS VEGAS LLC - 7.875 - 05/01/2020 7,530 7,928
    ZAYO GROUP LLC/ZAYO CAP - 8.125 - 01/01/2020 7,797 7,788

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Name of Stock End of Year Book Value End of Year Fair Market Value
    525 shares of 3M CO 37,437 48,745
    575 shares of ACCENTURE PLC 24,478 38,237
    169 shares of ADIDAS AG 6,363 7,571
    294 shares of ADECCO S.A. UNSP/ADR 7,397 7,776
    265 shares of ADT LTD. 4,179 12,320
    307 shares of AFLAC INC. 15,909 16,308
    70 shares of AGRIUM INC. 6,818 6,991
    191 shares of AIR PRODS CHEM INC. 16,570 16,048
    268 shares of AMC NETWORKS INC 3,852 13,266
    475 shares of AMERICAN EXPRESS CO 12,119 27,303
    725 shares of AMERISOURCEBERGEN CORP 20,639 31,306
    365 shares of ANADARKO PETROLEUM CORP 15,326 27,123
    240 shares of ARRIS GROUP INC - COMMON STOCK 2,018 3,586
    675 shares of ASAHI KAISAI CP ADR 7,134 7,945
    335 shares of ASTRAZENECA 16,566 15,835
    875 shares of ATLANTIA SPA ADR 7,214 7,901
    950 shares of ATMEL CORPORATION 4,126 6,223
    590 shares of AUTODESK, INC. 11,791 20,857
    450 shares of AUTOMATIC DATA PROCESSING INC. 18,068 25,619
    170 shares of AVNET INC. 4,968 5,204
    490 shares of AXA ADS 6,971 8,928
    1975 shares of BANK NEW YORK MELLON CORP COM 58,485 50,757
    281 shares of BANK OF NOVA SCOTIA 15,180 16,264
    500 shares of BELO CORP 1,809 3,835
    525 shares of BERKSHIRE HATHAWAY INC. CLASS B 33,904 47,092
    215 shares of BIOGEN IDEC INC 12,201 31,470
    207 shares of BOEING CO 14,469 15,600
    2290 shares of BOMBARDIER INC B 8,446 8,725
    80 shares of BRINKS CO 1,572 2,282
    149 shares of BRITISH AMERICAN TOBACCO PLC 12,257 15,086
    510 shares of BROADCOM CORPORATION 10,910 16,937
    1190 shares of CABLEVISION SYSTEMS CORP CL A 11,554 17,779
    385 shares of CAE INC 4,005 3,908
    355 shares of CAMECO CORPORATION 10,421 7,001
    335 shares of CAP GEMINI SA UNSP/ADR 6,315 7,417
    1360 shares of CINCINNATI BELL INC 4,364 7,453
    625 shares of CINTAS CRP 20,708 25,563
    209 shares of CLOROX CO 15,592 15,303
    235 shares of COCA COLA ENTRPR INC 6,979 7,457
    423 shares of COCA-COLA CO 13,173 15,334
    80 shares of COGNEX CORPORATION 1,339 2,943
    145 shares of COLGATE-PALMOLIVE COMPANY 11,853 15,158
    1540 shares of COMCAST CORP 20,672 55,316
    950 shares of COMERICA INC 28,595 28,823
    835 shares of COVIDIEN LTD 34,641 48,212
    565 shares of CREE, INC. 22,853 19,199
    763 shares of CSX CORP 16,321 15,054
    100 shares of CUMMINS INC 4,953 10,835
    140 shares of DAIMLERCHRYSLER AG 7,056 7,696
    150 shares of DBS GROUP HLDGS SPON ADR 7,076 7,359
    1405 shares of DEUTSCHE BOERSE ADR 7,039 8,683
    625 shares of DEVON ENERGY CORPORATION 39,669 32,525
    198 shares of DIAGEO PLC ADS 17,342 23,083
    80 shares of DIEBOLD INC. 2,084 2,449
    290 shares of DIRECTV GROUP 4,610 14,546
    205 shares of DISCOVERY COMMUNICATIONS, INC - SERIES C COMMON ST 4,806 11,993
    310 shares of DOLBY LABORATORIES 11,613 9,092
    303 shares of EMERSON ELECTRIC CO. 16,497 16,047
    210 shares of EUROPEAN ARNUTC DS ADR 7,828 8,168
    725 shares of EXPEDITORS INTL WASH INC. 27,476 28,674
    350 shares of FLUOR CORP NEW 14,040 20,559
    1000 shares of FOREST LABORATORIES 32,575 35,320
    330 shares of FOSTER WHEELER AG 7,237 8,026
    200 shares of FREEPORT-MCMORAN COPPER GOLD INC. 2,878 6,840
    460 shares of GANNETT CO INC 6,630 8,285
    260 shares of GEA GROUP AG ADR 7,072 8,515
    387 shares of GENERAL MILLS INC 14,424 15,643
    650 shares of GLAXOSMITHKLINE PLC 28,339 28,256
    2075 shares of GROUPE DANONE ADS 27,257 27,784
    530 shares of HARMONIC INC. 5,059 2,687
    218 shares of HEINEKEN N V S ADR 5,903 7,318
    120 shares of HELMERICH PAYNE 3,910 6,721
    195 shares of HEXCEL CP DELAWARE 4,147 5,257
    70 shares of IAC/INTERACTIVE CORP 1,141 3,307
    735 shares of ICAP PLC SPON ADR 7,689 7,541
    851 shares of ILLINOIS TOOL WORKS 42,036 51,748
    140 shares of IMMUNOGEN, INC 1,269 1,785
    960 shares of INFINEON TECH ADS 6,185 7,757
    500 shares of INGERSOL-RAND PLC 22,435 23,980
    280 shares of INPUT/OUTPUT INC. 4,225 1,823
    740 shares of INTEL CORP 16,880 15,259
    120 shares of INTERXION HOLDING N.V. 1,482 2,851
    260 shares of ISIS PHARMACEUTICALS, INC. 3,756 2,714
    300 shares of JANUS CAPITAL GROUP INC. 2,181 2,556
    190 shares of JDS UNIPHASE CORP 2,511 2,565
    218 shares of JOHNSON JOHNSON 13,739 15,282
    1070 shares of JULIUS BAER GROUP LTD 7,656 7,544
    90 shares of KANSAS CITY SOUTHERN 1,214 7,513
    288 shares of KAO CORP ADR 8,029 7,479
    400 shares of KIMBERLY CLARK CORP 26,207 33,772
    325 shares of KOMATSU LTD. 6,997 8,356
    491 shares of KONINKLIJKE DSM NV ADR 6,428 7,630
    260 shares of L-3 COMMUNICATIONS CORP 25,522 19,921
    290 shares of LAM RESEARCH CORP 7,962 10,478
    240 shares of LAS VEGAS SANDS CORP 1,091 11,078
    170 shares of LEVEL 3 COMMUNICATIONS, INC 2,544 3,929
    925 shares of LIBERTY INTERACTIVE CORP 2,510 18,204
    175 shares of LIBERTY MEDIA CORPORATION COM 1,199 20,302
    560 shares of LSI CORPORATION 2,037 3,959
    55 shares of MADISON SQUARE GARDEN CO. 858 2,439
    640 shares of MARKS SPENCER GRP ADR 6,989 7,974
    160 shares of MCDERMOTT INT PANAMA 1,722 1,763
    105 shares of MEADWESTVACO CORP 2,369 3,346
    70 shares of MEDICINES COMPANY 1,676 1,678
    368 shares of MEDTRONIC INC 12,825 15,095
    825 shares of MICROSOFT CORPORATION 23,168 22,036
    372 shares of MITSUBISHI ESTATE CO ADR 7,268 8,906
    225 shares of MONSANTO CO 13,790 21,296
    180 shares of MYRIAD GENETICS, INC 4,226 4,905
    145 shares of NATL OILWELL VARCO 3,872 9,911
    425 shares of NESTLE S.A. 18,899 27,697
    228 shares of NEXTERA ENERGY, INC 12,926 15,775
    220 shares of NII HOLDINGS INC - COMMON STOCK 3,724 1,569
    583 shares of NINTENDO CO LTD ADR UNSPON 8,994 7,760
    300 shares of NORTH AMERICAN ENERGY PARTNERS 2,914 1,020
    403 shares of NORTHEAST UTIL 12,703 15,749
    433 shares of NOVARTIS AG ADR 25,345 27,409
    260 shares of NUCOR CP 10,345 11,222
    200 shares of OCCIDENTAL PETROLEUM CORP 17,547 15,322
    600 shares of OMNICOM GROUP 26,107 29,976
    120 shares of ONYX PHARMACEUTICALS, INC. 3,089 9,064
    640 shares of ORIENT-EXPRESS HOTEL 6,403 7,482
    450 shares of PACCAR INC 18,593 20,345
    420 shares of PALL CP 13,162 25,309
    778 shares of PEARSON PLC 12,723 15,202
    127 shares of PENTAIR INC. COM 2,443 6,242
    1472 shares of PORSCHE AUTOMOBILE HOLDING SE 8,513 12,070
    70 shares of PRECISION CASTPARTS 5,249 13,259
    770 shares of R F MICRO DEVICES INC 3,552 3,450
    110 shares of RAYMOND JAMES FINANCIAL INC 1,959 4,238
    275 shares of RAYTHEON CO. 12,986 15,829
    90 shares of REGENERON PHARMACEUTICALS, INC 1,554 15,396
    395 shares of REPSOL YPF S A SPND ADR 7,055 8,256
    100 shares of ROBERT HALF INTL INC. 2,334 3,182
    235 shares of ROCHE HOLDING LTD ADR 10,453 11,868
    160 shares of ROWAN CO PLC 4,450 5,003
    240 shares of ROYAL CARRIBEAN CRUISE 5,041 8,160
    145 shares of ROYAL DUTCH SHEL PLC SPONS ADR B 10,642 10,279
    130 shares of RTI INTL METALS INC 3,436 3,583
    450 shares of SAIPEM SPA UNSPON ADR 10,575 8,775
    260 shares of SAKS INC 3,452 2,733
    330 shares of SANDISK CORP 11,165 14,355
    348 shares of SANOFI-AVENTIS SPONSORED ADR 12,426 16,488
    90 shares of SAP AKTIENGESELL ADS 5,795 7,234
    420 shares of SCHLUMBERGER LTD 26,604 29,105
    380 shares of SEACHANGE INTERNATIONAL, INC 2,554 3,675
    1240 shares of SEAGATE TECHNOLOGY 5,244 37,721
    200 shares of SEATTLE GENETICS, INC. 1,599 4,634
    575 shares of SECOM CO LTD ADR OTC 7,021 7,211
    255 shares of SINGAPORE TELECOMMUNICATIONS LTD 6,974 6,946
    90 shares of SHAW GROUP INC 2,993 4,195
    1270 shares of SILICONWARE PRECISION INDUSTRIES COMPANY, LTD. - A 6,994 6,782
    340 shares of SINCLARI BROADCAST GROUP INC 2,232 4,291
    440 shares of SONY FINANCIAL HLDGS INC 7,154 7,898
    120 shares of SOTHEBYS 3,973 4,034
    360 shares of STILLWATER MINING CO 3,026 4,601
    330 shares of SUNCOR ENERGY INC 10,582 10,883
    115 shares of SWISS RE LTD-SPN ADR 7,154 8,315
    100 shares of SYNGENTA AG ADS 6,923 8,080
    1300 shares of SYSCO CORP 35,731 41,157
    1855 shares of TE CONNECTIVITY LTD 35,977 68,857
    260 shares of TECHNIP ADS 6,945 7,662
    110 shares of TELEPHONE DATA SYS INC. 2,636 2,435
    680 shares of TESCO PLC S ADR 10,486 11,274
    140 shares of THE MOSAIC CO 8,384 7,928
    575 shares of TIME WARNER INC. 17,751 27,502
    245 shares of TIME WARNER TELECOM INC. 3,657 6,240
    188 shares of TORONTO DOMINION 15,444 15,854
    316 shares of TOTAL FINA ELF S.A. 14,102 16,435
    475 shares of TOTO LTD ADR OTC 7,153 7,082
    190 shares of TRIMBLE NAV LTD 5,263 11,358
    530 shares of TRIQUINT SEMICONDUCTOR, INC. 2,629 2,560
    530 shares of TYCO INTERNATIONAL LTD. 6,336 15,503
    161 shares of UNIFI INC. 1,989 2,095
    412 shares of UNILEVER PLC AMER 15,447 15,953
    212 shares of UNITED PARCEL SERVICE 14,680 15,631
    65 shares of UNITED STATES CELLULAR CORP 4,618 2,291
    70 shares of UNITED STATES STEEL CORP 3,709 1,670
    199 shares of UNITED TECHNOLOGIES CORP 15,648 16,320
    630 shares of UNITEDHEALTH GROUP INC. 13,673 34,171
    90 shares of V F CORP 14,328 13,587
    140 shares of VALSPAR CORP 3,000 8,736
    310 shares of VERTEX PHARMCTLS INC 8,489 12,989
    310 shares of VISHAY INTERTECH 3,343 3,295
    1021 shares of VODAFONE GROUP PLC 28,595 25,719
    120 shares of WADDELLREED FIN INC 1,639 4,178
    475 shares of WAL-MART STORES INC. 23,259 32,409
    1800 shares of WEATHERFORD INTL 18,224 20,142
    500 shares of WILLIS GROUP HOLDINGS LTD 18,945 16,765
    110 shares of WPP GROUP PLC 7,279 8,019

    TY 2012 InvestmentsOtherSchedule2
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ARDEN FOCUSED GLOBAL MACRO FUND LTD   500,000 524,067
    LAZARD LTD   3,169 2,686
    OCONNOR FD OF FDS GLOBAL DVRSFD STRTGY LTD   500,000 526,606

    TY 2012 OtherExpensesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 13,750     13,750
    Bank Charges 843 843    
    K-1 Exp ENERGY TRANSFER PARTNERS LP 2 2    
    State or Local Filing Fees 25     25


    TY 2012 OtherIncomeSchedule2
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Inc/Loss ENERGY TRANSFER PARTNERS LP -4 8  
    K-1 Inc/Loss LAZARD LTD 105 105  
    751 Gain on Sale ENERGY TRANSFER PARTNERS LP 26    


    TY 2012 OtherLiabilitiesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Description Beginning of Year - Book Value End of Year - Book Value
    Outstanding Options 100  


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 43,679 43,679    


    TY 2012 TaxesSchedule
    Name:
    Lighten Family Foundation
    EIN: 20-8069108
    Software ID:12000057
    Software Version:12.13.328.3
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2012 2,400      
    Foreign Tax Paid 1,519 1,519