TY 2012 Form 990PF

- TIN:

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 03-01-2012 , and ending 02-28-2013

Name of foundation
EMINGER STEWART FOUNDATION UMA 050013119300

Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 3168 Room/suite

City or town, state, and ZIP code
PORTLAND, OR97208

A Employer identification number

35-6797693

B Telephone number (see instructions)

(503) 275-4327

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$3,996,174J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here ......... bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ......... bullet

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	90,631		90,631
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		479,423
b	Gross sales price for all assets on line 6a 6,401,980
7	Capital gain net income (from Part IV, line 2)...			479,423
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......
12	Total. Add lines 1 through 11........	570,054		570,054
13	Compensation of officers, directors, trustees, etc.	46,773		42,096		4,677
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		1,500	0	0	1,500
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)		2,252	1,102		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		664			664
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	51,189		43,198	0	6,841
25	Contributions, gifts, grants paid........	209,448				209,448
26	Total expenses and disbursements. Add lines 24 and 25	260,637		43,198	0	216,289
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	309,417
b	Net investment income (if negative, enter -0-)			526,856
c	Adjusted net income (if negative, enter -0-)...				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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............
	2	Savings and temporary cash investments..........	42,177	31,602	31,602
	3	Accounts receivable 68,155
		Less: allowance for doubtful accounts		68,155	68,155
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	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)........	3,146,921	3,682,722	3,819,010
	c	Investments—corporate bonds (attach schedule)........	339,073	75,380	77,407
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........			0
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,528,171	3,857,859	3,996,174
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........	3,528,171	3,857,859
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	3,528,171	3,857,859
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	3,528,171	3,857,859

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	3,528,171
2	Enter amount from Part I, line 27a.....................	2	309,417
3	Other increases not included in line 2 (itemize)	3	24,719
4	Add lines 1, 2, and 3..........................	4	3,862,307
5	Decreases not included in line 2 (itemize)	5	4,448
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	3,857,859

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	43415.34 AMERICAN CENT EQUITY INCOME CL INST		2010-11-16	2012-08-09
b	5386.517 AMERICAN CENT SMALL CAP VALU INS		2009-06-26	2012-08-09
c	6711.29 AMERICAN CENT SMALL CAP VALU INS		2009-07-20	2012-08-09
d	4036.402 AMERICAN CENTY INTL BOND FD INSTL		2009-06-02	2012-08-09
e	1498. BAXTER INTL INC		2007-03-24	2012-08-09
	13648.772 BLACKROCK CAPITAL APPREC BR		2010-11-16	2012-08-09
	287. BOEING CO		2007-03-24	2012-08-09
	51. CVS CORP COM		2007-03-24	2012-08-09
	1559. CATERPILLAR INC		2007-03-24	2012-08-09
	1192. CHEVRONTEXACO CORP COM		2007-03-24	2012-08-09
	12999.211 DRIEHAUS ACTIVE INCOME FUND		2011-06-21	2012-08-09
	295. EDWARDS LIFESCIENCES CORP		2007-03-24	2012-08-09
	2488.999 FIDELITY ADV MID CAP FUND I		2009-06-26	2012-08-09
	2812.895 FIDELITY ADV MID CAP FUND I		2009-07-20	2012-08-09
	48. GENERAL ELEC CO		2007-03-24	2012-08-09
	2516. ISHARES MSCI EMERGING MKTS E T F		2010-11-16	2012-08-09
	12648.528 NUVEEN HIGH INCOME BOND FD CL I		2010-08-24	2012-08-09
	3946.951 NUVEEN REAL ESTATE SECS I		2010-11-16	2012-08-09
	24749.223 NUVEEN INFLATION PRO SEC CL I		2010-08-24	2012-08-09
	1052.078 ROWE T PRICE MID-CAP GROWTH FD #64		2009-06-26	2012-08-09
	643.575 ROWE T PRICE MID-CAP GROWTH FD #64		2009-07-20	2012-08-09
	1410. SPDR DJ WILSHIRE INTERNATIONAL		2011-06-21	2012-08-09
	4608.295 SCOUT INTERNATIONAL FUND		2011-06-17	2012-08-09
	27585.665 TFS MARKET NEUTRAL FUND			2012-08-09
	589.821 VANGUARD EXPLORER FUND#24		2009-06-26	2012-08-09
	826.775 VANGUARD EXPLORER FUND#24		2009-07-20	2012-08-09
	116.511 AMERICAN CENT SMALL CAP VALU INS		2009-06-26	2012-08-22
	.002 AMERICAN CENT SMALL CAP VALU INS		2009-07-20	2012-08-22
	26. BAXTER INTL INC		2007-03-24	2012-08-22
	8. BOEING CO		2007-03-24	2012-08-22
	37. CVS CORP COM		2007-03-24	2012-08-22
	21. CATERPILLAR INC		2007-03-24	2012-08-22
	11. CHEVRONTEXACO CORP COM		2007-03-24	2012-08-22
	9. EDWARDS LIFESCIENCES CORP		2007-03-24	2012-08-22
	15.465 FIDELITY ADV MID CAP FUND I		2009-06-26	2012-08-22
	80. GENERAL ELEC CO		2007-03-24	2012-08-22
	113. ISHARES MSCI EMERGING MKTS E T F		2010-11-16	2012-08-22
	145.619 RIDGEWORTH AGGRESSIVE GR STOCK FUND		2012-08-09	2012-08-22
	17.029 ROWE T PRICE MID-CAP GROWTH FD #64		2009-07-20	2012-08-22
	13. SPDR DJ WILSHIRE INTERNATIONAL		2011-06-21	2012-08-22
	18.49 VANGUARD EXPLORER FUND#24		2009-06-26	2012-08-22
	1146.736 AMERICAN CENTY INTL BOND FD INSTL		2009-06-02	2012-10-08
	121. BAXTER INTL INC		2007-03-24	2012-10-08
	80. BOEING CO		2007-03-24	2012-10-08
	71. CATERPILLAR INC		2007-03-24	2012-10-08
	394.132 FIDELITY ADV MID CAP FUND I			2012-10-08
	321. GENERAL ELEC CO		2007-03-24	2012-10-08
	2125. ISHARES MSCI EMERGING MKTS E T F		2010-11-16	2012-10-08
	5086.388 NUVEEN SANTA BARBARA DIV GROWTH FD I		2012-08-09	2012-10-08
	2502.66 NUVEEN SMALL CAP VALUE FUND CL I		2012-08-09	2012-10-08
	11706.271 NUVEEN HIGH INCOME BOND FD CL I		2010-08-24	2012-10-08
	279.094 NUVEEN HIGH INCOME BOND FD CL I		2012-08-22	2012-10-08
	1020.848 NUVEEN HIGH INCOME BOND FD CL I		2012-08-23	2012-10-08
	338.291 NUVEEN REAL ESTATE SECS I		2010-11-16	2012-10-08
	34.227 NUVEEN MID CAP VALUE FUND CL I		2012-08-09	2012-10-08
	288.797 NUVEEN MID CAP VALUE FUND CL I		2012-08-23	2012-10-08
	5721.508 NUVEEN DIVIDEND VALUE FUND CLASS I			2012-10-08
	379.197 NUVEEN INFLATION PRO SEC CL I		2010-08-24	2012-10-08
	944.396 OPPENHEIMER SR FLOAT RATE Y		2012-08-09	2012-10-08
	3170.759 OPPENHEIMER DEVELOPING MKTS FDS CL Y		2012-08-09	2012-10-08
	15576.953 P I M C O FDS TOTAL RETURN FD		2012-08-09	2012-10-08
	10888.831 RIDGEWORTH AGGRESSIVE GR STOCK FUND		2012-08-09	2012-10-08
	359.284 ROWE T PRICE MID-CAP GROWTH FD #64		2009-07-20	2012-10-08
	1007.194 T ROWE PRICE SC STOCK		2012-02-14	2012-10-08
	1606.725 TCW EMERGING MARKETS INCOME FUND			2012-10-08
	47. TEXTRON INC		2007-03-24	2012-10-08
	3243.36 VANGUARD EQUITY INCOME ADM		2012-08-09	2012-10-08
	267.932 VANGUARD EXPLORER FUND CL ADM #5024			2012-10-08
	4439.386 VANGUARD TOTL STK MKT INDEXFD# 1341		2012-08-09	2012-10-08
	15. ALTERA CORP		2012-10-08	2012-10-19
	423.358 AMERICAN CENT SMALL CAP VALU INS		2009-06-26	2012-10-19
	254. BAXTER INTL INC		2007-03-24	2012-10-19
	109. BOEING CO		2007-03-24	2012-10-19
	300. CVS CORP COM		2007-03-24	2012-10-19
	466. CARDINAL HEALTH INC		2007-03-24	2012-10-19
	125. CATERPILLAR INC		2007-03-24	2012-10-19
	4. CELGENE CORP		2012-10-08	2012-10-19
	130. CHEVRONTEXACO CORP COM		2007-03-24	2012-10-19
	51. CITRIX SYS INC		2012-10-08	2012-10-19
	1. COSTCO WHSL CORP NEW COMMON STOCK		2012-10-08	2012-10-19
	9. DOW CHEM CO		2007-03-24	2012-10-19
	106. EDISON INTL		2007-03-24	2012-10-19
	93. EDWARDS LIFESCIENCES CORP		2007-03-24	2012-10-19
	10. THE GAP INC		2012-10-08	2012-10-19
	976. GENERAL ELEC CO		2007-03-24	2012-10-19
	343. J P MORGAN CHASE & CO		2007-03-24	2012-10-19
	3. MASTERCARD INC		2012-10-08	2012-10-19
	252. NORTHWEST NATURAL GAS CO		2007-03-24	2012-10-19
	187. O REILLY AUTOMOTIVE INC		2012-10-08	2012-10-19
	4856.299 OPPENHEIMER SR FLOAT RATE Y		2012-08-09	2012-10-19
	12. PRAXAIR INC		2007-03-24	2012-10-19
	1060.243 RIDGEWORTH AGGRESSIVE GR STOCK FUND		2012-08-09	2012-10-19
	189. ROSS STORES INC		2012-10-08	2012-10-19
	946. SPDR DJ WILSHIRE INTERNATIONAL		2011-06-21	2012-10-19
	31. TEXTRON INC		2007-03-24	2012-10-19
	10. ULTA SALON COSMETICS & FRAGRANCE		2012-10-08	2012-10-19
	6123.257 VANGUARD INTL GRWTH FD CL ADM		2012-08-09	2012-10-19
	276.916 VANGUARD EQUITY INCOME ADM			2012-10-19
	456.42 VANGUARD EQUITY INCOME ADM		2012-08-09	2012-10-19
	59. ALTERA CORP		2012-10-08	2012-11-01
	54. CVS CORP COM		2007-03-24	2012-11-01
	61. CHEVRONTEXACO CORP COM		2007-03-24	2012-11-01
	13. CITRIX SYS INC		2012-10-08	2012-11-01
	13. COSTCO WHSL CORP NEW COMMON STOCK		2012-10-08	2012-11-01
	87. E M C CORP MASS		2012-10-08	2012-11-01
	38. EDISON INTL		2007-03-24	2012-11-01
	8. EDWARDS LIFESCIENCES CORP		2007-03-24	2012-11-01
	2.99993 GOOGLE INC CL A		2012-10-08	2012-11-01
	1.00007 GOOGLE INC CL A		2012-10-08	2012-11-01
	187. NTT DOCOMO INC A D R		2012-10-08	2012-11-01
	58. NORTHWEST NATURAL GAS CO		2007-03-24	2012-11-01
	210.597 NUVEEN HIGH INCOME BOND FD CL I		2010-08-24	2012-11-01
	19. O REILLY AUTOMOTIVE INC		2012-10-08	2012-11-01
	1.99927 ULTA SALON COSMETICS & FRAGRANCE		2012-10-08	2012-11-01
	2.00073 ULTA SALON COSMETICS & FRAGRANCE		2012-10-08	2012-11-01
	421.007 VANGUARD INTL GRWTH FD CL ADM			2012-11-01
	51. ALTERA CORP		2012-10-08	2012-11-09
	525.715 AMERICAN CENT SMALL CAP VALU INS		2009-06-26	2012-11-09
	7. CELGENE CORP		2012-10-08	2012-11-09
	32. CITRIX SYS INC		2012-10-08	2012-11-09
	25. COSTCO WHSL CORP NEW COMMON STOCK		2012-10-08	2012-11-09
	86. E M C CORP MASS		2012-10-08	2012-11-09
	44. THE GAP INC		2012-10-08	2012-11-09
	17. HOME DEPOT INC COMMON STOCK		2012-10-19	2012-11-09
	4765.647 NUVEEN HIGH INCOME BOND FD CL I		2010-08-24	2012-11-09
	82. O REILLY AUTOMOTIVE INC		2012-10-08	2012-11-09
	87. ROSS STORES INC		2012-10-08	2012-11-09
	17038.609 T ROWE PRICE INTL GR&INC FD		2012-08-09	2012-11-09
	28. SANOFI A D R		2012-10-08	2012-11-09
	326. WNS HOLDINGS LTD ADR		2012-10-08	2012-11-09
	72. ALTERA CORP		2012-10-08	2012-11-15
	7. CONCHO RES INC		2012-11-01	2012-11-15
	22. FMC TECHNOLOGIES INC		2012-10-08	2012-11-15
	10. INTERCONTINENTAL EXCHANGE INC		2012-10-08	2012-11-15
	2757.072 OPPENHEIMER SR FLOAT RATE Y		2012-08-09	2012-11-15
	13. ANHEUSER BUSCH INBEV NV A D R		2012-10-19	2012-11-23
	49. CHINA PETROLEUM CHEM A D R			2012-11-23
	1419. CITY TELECOM H K LTD ADR		2012-10-08	2012-11-23
	1001. CITY TELECOM H K LTD ADR		2012-10-19	2012-11-23
	310. CITY TELECOM H K LTD ADR		2012-11-01	2012-11-23
	4.00243 CONCHO RES INC		2012-11-09	2012-11-23
	.99757 CONCHO RES INC		2012-11-09	2012-11-23
	1. CONCHO RES INC		2012-10-05	2012-11-23
	268.342 OPPENHEIMER COM STR TR FD Y		2012-10-19	2012-11-23
	2644.957 T ROWE PRICE BLUE CHIP GROWTH FD		2012-08-22	2012-11-23
	761.164 T ROWE PRICE INTL GR&INC FD		2012-08-22	2012-11-23
	2.99853 ROYAL DUTCH SHELL PLC A D R		2012-10-08	2012-11-23
	105.00147 ROYAL DUTCH SHELL PLC A D R		2012-10-08	2012-11-23
	59. ROYAL DUTCH SHELL PLC A D R		2012-10-19	2012-11-23
	6. ANHEUSER BUSCH INBEV NV A D R		2012-10-19	2012-11-28
	10. CELGENE CORP		2012-10-08	2012-11-28
	3. CHINA PETROLEUM CHEM A D R		2012-10-19	2012-11-28
	3. MASTERCARD INC		2012-10-08	2012-11-28
	416.971 NUVEEN DIVIDEND VALUE FUND CLASS I		2012-10-19	2012-11-28
	1576.14 T ROWE PRICE INTL GR&INC FD		2012-08-23	2012-11-28
	51. VERISIGN INC		2012-10-08	2012-11-28
	180. ANHEUSER BUSCH INBEV NV A D R		2012-10-19	2012-12-05
	192. BRITISH AMERN TOB PLC ADR		2012-10-08	2012-12-05
	6. CITY TELECOM H K LTD ADR		2012-10-08	2012-12-05
	1. CONCHO RES INC		2012-09-21	2012-12-05
	120. THE GAP INC		2012-10-08	2012-12-05
	220. GRUPO SIMEC A D R		2012-10-08	2012-12-05
	421. LG DISPLAY CO LTD A D R		2012-10-08	2012-12-05
	637.227 NUVEEN HIGH INCOME BOND FD CL I		2010-08-24	2012-12-05
	.111 NUVEEN HIGH INCOME BOND FD CL I		2012-08-23	2012-12-05
	1987.326 NUVEEN HIGH INCOME BOND FD CL I		2012-10-19	2012-12-05
	3700.609 OPPENHEIMER SR FLOAT RATE Y		2012-08-09	2012-12-05
	190.72 T ROWE PRICE BLUE CHIP GROWTH FD		2012-08-22	2012-12-05
	1. ROYAL DUTCH SHELL PLC A D R		2012-09-24	2012-12-05
	28. SANOFI A D R		2012-10-08	2012-12-05
	28. SANOFI A D R		2012-09-17	2012-12-05
	140.705 VANGUARD EQUITY INCOME ADM		2012-08-09	2012-12-05
	56. WACOAL HOLDINGS CORP A D R		2012-10-08	2012-12-05
	38. CITY TELECOM H K LTD ADR		2012-10-08	2012-12-07
	1. CONCHO RES INC		2012-10-05	2012-12-07
	3. THE GAP INC		2012-10-08	2012-12-07
	3. GRUPO SIMEC A D R		2012-10-08	2012-12-07
	11. LG DISPLAY CO LTD A D R		2012-10-08	2012-12-07
	242.487 NUVEEN SMALL CAP VALUE FUND CL I		2012-08-09	2012-12-07
	26.655 T ROWE PRICE SC STOCK		2012-08-09	2012-12-07
	1. ROYAL DUTCH SHELL PLC A D R		2012-09-24	2012-12-07
	1. VISA INC CLASS A SHARES		2012-10-08	2012-12-07
	1. ANHEUSER BUSCH INBEV NV A D R		2012-10-19	2012-12-10
	1. CONCHO RES INC		2012-10-05	2012-12-10
	8. THE GAP INC		2012-10-08	2012-12-10
	22. GRUPO SIMEC A D R		2012-10-08	2012-12-10
	29. LG DISPLAY CO LTD A D R		2012-10-08	2012-12-10
	1. LAS VEGAS SANDS CORP		2012-10-19	2012-12-10
	1. LENNAR CORP CL A		2012-10-19	2012-12-10
	1. ROYAL DUTCH SHELL PLC A D R		2012-09-24	2012-12-10
	129. SPDR DJ WILSHIRE INTERNATIONAL		2011-06-21	2012-12-10
	31. ANHEUSER BUSCH INBEV NV A D R		2012-10-19	2012-12-17
	11. APPLE COMPUTER INC		2012-10-08	2012-12-17
	195. CITY TELECOM H K LTD ADR		2012-10-08	2012-12-17
	3. CONCHO RES INC		2012-11-09	2012-12-17
	1. CONCHO RES INC		2012-09-07	2012-12-17
	68. GRUPO SIMEC A D R		2012-10-08	2012-12-17
	7. INTERCONTINENTAL EXCHANGE INC		2012-10-08	2012-12-17
	7. LAS VEGAS SANDS CORP		2012-10-19	2012-12-17
	1. LAS VEGAS SANDS CORP		2012-10-14	2012-12-17
	1701. MITSUBISHI UFJ FINL GRP A D R		2012-10-08	2012-12-17
	9. QUALCOMM INC		2012-10-19	2012-12-17
	9. ROYAL DUTCH SHELL PLC A D R		2012-09-24	2012-12-17
	24. SANOFI A D R		2012-10-08	2012-12-17
	23. SCHLUMBERGER LTD ISIN #AN8068571086		2012-11-09	2012-12-17
	147.631 ABERDEEN FDS EMRGN		2012-08-09	2012-12-19
	7. CELGENE CORP		2012-10-08	2012-12-19
	1. CONCHO RES INC		2012-10-05	2012-12-19
	1. INTERCONTINENTAL EXCHANGE INC		2012-10-08	2012-12-19
	50.273 NUVEEN SMALL CAP VALUE FUND CL I		2012-08-09	2012-12-19
	.041 NUVEEN MID CAP VALUE FUND CL I		2012-08-09	2012-12-19
	170.675 NUVEEN MID CAP VALUE FUND CL I		2012-10-19	2012-12-19
	1. QUALCOMM INC		2012-10-19	2012-12-19
	50.159 T ROWE PRICE BLUE CHIP GROWTH FD		2012-08-22	2012-12-19
	1. SALESFORCE COM INC		2012-10-08	2012-12-19
	1. SCHLUMBERGER LTD ISIN #AN8068571086		2012-10-19	2012-12-19
	1. VISA INC CLASS A SHARES		2012-10-08	2012-12-19
	367.676 AMERICAN CENT SMALL CAP VALU INS		2009-06-26	2013-01-08
	.003 AMERICAN CENT SMALL CAP VALU INS		2009-07-20	2013-01-08
	85. BRITISH AMERN TOB PLC ADR		2012-10-08	2013-01-08
	7. BRITISH AMERN TOB PLC ADR		2012-10-19	2013-01-08
	361. CITY TELECOM H K LTD ADR		2012-10-08	2013-01-08
	197. CITY TELECOM H K LTD ADR		2012-11-01	2013-01-08
	48. CONCHO RES INC			2013-01-08
	6. THE GAP INC		2012-10-08	2013-01-08
	353. GRUPO SIMEC A D R		2012-10-08	2013-01-08
	1. LAS VEGAS SANDS CORP		2012-10-19	2013-01-08
	30. LENNAR CORP CL A		2012-11-15	2013-01-08
	1. LENNAR CORP CL A		2012-09-24	2013-01-08
	4513. MITSUBISHI UFJ FINL GRP A D R		2012-10-08	2013-01-08
	900.446 NUVEEN SANTA BARBARA DIV GROWTH FD I		2012-08-09	2013-01-08
	.04 NUVEEN MID CAP VALUE FUND CL I		2012-08-09	2013-01-08
	20.724 NUVEEN MID CAP VALUE FUND CL I		2012-08-22	2013-01-08
	392.053 NUVEEN MID CAP VALUE FUND CL I		2012-10-19	2013-01-08
	61.47395 T ROWE PRICE SC STOCK		2012-08-09	2013-01-08
	108.45405 T ROWE PRICE SC STOCK		2012-08-09	2013-01-08
	218. SANOFI A D R		2012-10-08	2013-01-08
	1085.055 VANGUARD EQUITY INCOME ADM		2012-08-09	2013-01-08
	569.551 VANGUARD TOTL STK MKT INDEXFD# 1341		2012-08-09	2013-01-08
	2. AMAZON COM INC		2012-10-08	2013-01-25
	83. BP AMOCO PLC SPONSORED ADR		2012-12-05	2013-01-25
	6. BP AMOCO PLC SPONSORED ADR		2013-01-08	2013-01-25
	95. BRITISH AMERN TOB PLC ADR			2013-01-25
	8. CELGENE CORP		2012-10-08	2013-01-25
	1474. CITY TELECOM H K LTD ADR		2012-10-08	2013-01-25
	74. COACH INC		2012-10-19	2013-01-25
	6. CONCHO RES INC			2013-01-25
	1.00003 DIAGEO PLC SPONSORED A D R		2012-11-23	2013-01-25
	124.99997 DIAGEO PLC SPONSORED A D R			2013-01-25
	548.999 FIDELITY CAP TR APPREC FD #307		2013-01-08	2013-01-25
	21. THE GAP INC		2012-10-08	2013-01-25
	184. GRUPO SIMEC A D R		2012-10-08	2013-01-25
	1. INTUITIVE SURGICAL INC		2012-10-08	2013-01-25
	1304. LG DISPLAY CO LTD A D R		2012-10-08	2013-01-25
	25. LAS VEGAS SANDS CORP		2012-10-19	2013-01-25
	97. MITSUBISHI UFJ FINL GRP A D R		2012-10-08	2013-01-25
	596. MITSUBISHI UFJ FINL GRP A D R			2013-01-25
	3. NTT DOCOMO INC A D R		2012-10-08	2013-01-25
	29.00016 NIPPON TELEGRAPH TELE A D R		2012-10-08	2013-01-25
	127.99984 NIPPON TELEGRAPH TELE A D R		2012-10-08	2013-01-25
	54. NOVO NORDISK AS A D R			2013-01-25
	248.766 NUVEEN SMALL CAP VALUE FUND CL I		2012-08-09	2013-01-25
	.107 NUVEEN HIGH INCOME BOND FD CL I		2010-08-24	2013-01-25
	583.435 NUVEEN HIGH INCOME BOND FD CL I		2012-10-19	2013-01-25
	186.378 NUVEEN MID CAP VALUE FUND CL I		2012-08-09	2013-01-25
	167.128 NUVEEN MID CAP VALUE FUND CL I		2012-08-22	2013-01-25
	317.506 NUVEEN MID CAP VALUE FUND CL I		2012-10-19	2013-01-25
	1432.104 NUVEEN DIVIDEND VALUE FUND CLASS I		2012-10-19	2013-01-25
	155.661 NUVEEN DIVIDEND VALUE FUND CLASS I		2012-09-30	2013-01-25
	468.105 OPPENHEIMER SR FLOAT RATE Y		2012-08-09	2013-01-25
	17. RANGE RESOURCES CORP		2012-10-08	2013-01-25
	278.263 T ROWE PRICE BLUE CHIP GROWTH FD		2012-08-22	2013-01-25
	195.615 T ROWE PRICE SC STOCK		2012-08-09	2013-01-25
	2. SALESFORCE COM INC		2012-10-08	2013-01-25
	90. SANOFI A D R		2012-10-08	2013-01-25
	618.746 VANGUARD TOTL STK MKT INDEXFD# 1341		2012-08-09	2013-01-25
	20. VISA INC CLASS A SHARES		2012-10-08	2013-01-25
	3. COSTCO WHSL CORP NEW COMMON STOCK		2012-10-08	2013-02-05
	95. DIAGEO PLC SPONSORED A D R		2012-12-05	2013-02-05
	6. EDWARDS LIFESCIENCES CORP		2007-03-24	2013-02-05
	117. GRUPO SIMEC A D R		2012-10-08	2013-02-05
	291. CITY TELECOM HK LTD A D R		2012-11-09	2013-02-05
	784. LG DISPLAY CO LTD A D R		2012-10-08	2013-02-05
	164. MELCO CROWN ENTERTAINMENT LMTD A D R		2012-11-23	2013-02-05
	126. MITSUBISHI UFJ FINL GRP A D R		2012-10-08	2013-02-05
	1520.73 LOOMIS SAYLES ABS STRAT Y		2012-10-08	2013-02-05
	635.178 LOOMIS SAYLES ABS STRAT Y		2012-10-19	2013-02-05
	284. NIPPON TELEGRAPH TELE A D R		2012-10-08	2013-02-05
	23.00056 NIPPON TELEGRAPH TELE A D R		2012-09-21	2013-02-05
	104.99944 NIPPON TELEGRAPH TELE A D R		2012-09-21	2013-02-05
	26. NOVO NORDISK AS A D R			2013-02-05
	15. QUALCOMM INC		2012-10-19	2013-02-05
	3. SALESFORCE COM INC		2012-10-08	2013-02-05
	1067.752 VANGUARD STRATEGIC EQUITY		2012-10-08	2013-02-05
	9. VMWARE INC CL A		2012-11-09	2013-02-05
	37. VMWARE INC CL A			2013-02-05
	18. WNS HOLDINGS LTD ADR		2012-10-08	2013-02-05
	113. CBS CORP CLASS B NON VOTING		2012-11-09	2013-02-20
	32. COACH INC		2012-10-19	2013-02-20
	23. COSTCO WHSL CORP NEW COMMON STOCK		2012-10-08	2013-02-20
	1. E BAY INC		2012-10-08	2013-02-20
	11. E BAY INC		2012-10-19	2013-02-20
	1. E BAY INC		2012-11-15	2013-02-20
	67. E BAY INC			2013-02-20
	9. EDWARDS LIFESCIENCES CORP		2007-03-24	2013-02-20
	37. EXPRESS SCRIPTS HLDGS C		2012-10-19	2013-02-20
	4. EXPRESS SCRIPTS HLDGS C		2012-11-01	2013-02-20
	87. THE GAP INC		2012-10-08	2013-02-20
	117. CITY TELECOM HK LTD A D R		2012-11-09	2013-02-20
	4. INTERCONTINENTAL EXCHANGE INC		2012-10-08	2013-02-20
	54. INTUIT INC			2013-02-20
	1013. LG DISPLAY CO LTD A D R		2012-10-08	2013-02-20
	109. LAS VEGAS SANDS CORP			2013-02-20
	13. MASTERCARD INC		2012-10-08	2013-02-20
	646.392 NUVEEN MID CAP GRWTH OPP FD CL I		2012-08-09	2013-02-20
	10. O REILLY AUTOMOTIVE INC		2012-10-08	2013-02-20
	56. QUALCOMM INC		2012-10-19	2013-02-20
	5. QUALCOMM INC		2012-11-01	2013-02-20
	41. ROSS STORES INC		2012-10-08	2013-02-20
	133. UNILEVER N V A D R		2013-01-08	2013-02-20
	12. VMWARE INC CL A		2012-11-09	2013-02-20
	16. WNS HOLDINGS LTD ADR		2012-10-08	2013-02-20
	14. APPLE COMPUTER INC		2012-10-08	2013-02-27
	24. EDWARDS LIFESCIENCES CORP		2007-03-24	2013-02-27
	32. LG DISPLAY CO LTD A D R		2012-10-08	2013-02-27
	1.00044 LENNAR CORP CL A		2012-10-19	2013-02-27
	109.99956 LENNAR CORP CL A			2013-02-27
	778. MELCO CROWN ENTERTAINMENT LMTD A D R		2012-11-23	2013-02-27
	270. MITSUBISHI UFJ FINL GRP A D R		2012-10-08	2013-02-27
	224.509 OPPENHEIMER SR FLOAT RATE Y		2012-08-09	2013-02-27
	753.005 OPPENHEIMER SR FLOAT RATE Y		2012-08-23	2013-02-27
	336.343 OPPENHEIMER SR FLOAT RATE Y		2012-11-23	2013-02-27
	85.99976 ROYAL DUTCH SHELL PLC A D R		2012-09-24	2013-02-27
	294.00024 ROYAL DUTCH SHELL PLC A D R			2013-02-27
	229. SANOFI A D R			2013-02-27
	44. SAP AG A D R			2013-02-27
	16. WNS HOLDINGS LTD ADR		2012-10-08	2013-02-27
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	341,679	300,000	41,679
b	45,193	30,919	14,274
c	56,308	39,999	16,309
d	58,528	58,407	121
e	88,126	78,821	9,305
	327,707	300,000	27,707
	21,255	25,965	-4,710
	2,299	1,760	539
	137,641	104,457	33,184
	134,295	88,014	46,281
	135,322	144,551	-9,229
	28,650	7,319	21,331
	55,380	34,348	21,032
	62,587	39,999	22,588
	1,007	1,715	-708
	101,795	113,748	-11,953
	111,560	108,145	3,415
	85,215	67,138	18,077
	294,763	258,134	36,629
	60,547	40,000	20,547
	37,038	25,241	11,797
	54,213	55,955	-1,742
	140,369	150,000	-9,631
	423,164	425,000	-1,836
	45,540	27,503	18,037
	63,835	39,999	23,836
	989	669	320

	1,523	1,368	155
	586	724	-138
	1,685	1,277	408
	1,884	1,407	477
	1,228	812	416
	895	223	672
	349	213	136
	1,661	2,859	-1,198
	4,531	5,109	-578
	2,088	2,056	32
	990	668	322
	503	516	-13
	1,447	862	585
	16,926	16,593	333
	7,459	6,367	1,092
	5,659	7,238	-1,579
	6,056	4,757	1,299
	9,160	5,439	3,721
	7,341	11,472	-4,131
	88,101	96,071	-7,970
	139,927	135,400	4,527
	33,335	32,084	1,251
	105,356	100,089	5,267
	2,512	2,462	50
	9,188	9,014	174
	7,253	5,754	1,499
	821	795	26
	6,931	6,709	222
	85,937	83,158	2,779
	4,566	3,955	611
	7,820	7,735	85
	107,901	102,035	5,866
	180,848	178,045	2,803
	159,957	153,750	6,207
	21,234	14,091	7,143
	36,521	35,000	1,521
	14,878	14,648	230
	1,204	2,166	-962
	167,909	163,046	4,863
	19,969	11,635	8,334
	155,157	149,563	5,594
	496	503	-7
	3,628	2,430	1,198
	15,931	13,365	2,566
	8,069	9,861	-1,792
	13,947	10,352	3,595
	19,253	24,164	-4,911
	10,625	8,375	2,250
	313	321	-8
	14,885	9,599	5,286
	3,300	3,570	-270
	96	102	-6
	270	413	-143
	5,049	5,323	-274
	8,048	2,307	5,741
	370	373	-3
	21,794	34,880	-13,086
	14,601	16,639	-2,038
	1,417	1,411	6
	12,367	11,546	821
	14,930	16,081	-1,151
	40,259	39,773	486
	1,279	766	513
	14,949	14,971	-22
	11,808	12,328	-520
	38,189	37,541	648
	810	1,428	-618
	952	987	-35
	363,599	350,189	13,410
	14,200	13,847	353
	23,405	22,945	460
	1,856	1,976	-120
	2,506	1,863	643
	6,754	4,504	2,250
	819	910	-91
	1,271	1,321	-50
	2,184	2,372	-188
	1,772	1,908	-136
	695	198	497
	2,067	2,268	-201
	689	756	-67
	2,732	2,997	-265
	2,641	2,657	-16
	1,897	1,801	96
	1,629	1,634	-5
	184	197	-13
	184	197	-13
	25,105	24,075	1,030
	1,547	1,708	-161
	4,400	3,018	1,382
	499	561	-62
	1,897	2,240	-343
	2,370	2,540	-170
	2,061	2,344	-283
	1,493	1,639	-146
	1,031	1,054	-23
	42,843	40,746	2,097
	7,270	7,052	218
	4,813	5,675	-862
	211,279	208,553	2,726
	1,201	1,240	-39
	3,351	3,410	-59
	2,161	2,412	-251
	549	611	-62
	885	971	-86
	1,280	1,306	-26
	22,746	22,580	166
	1,124	1,124
	5,263	5,116	147
	6,820	6,513	307
	4,811	4,555	256
	1,490	1,395	95
	322	325	-3
	80	81	-1
	80	103	-23
	891	902	-11
	119,526	119,261	265
	9,667	9,431	236
	199	209	-10
	6,964	7,322	-358
	3,913	4,092	-179
	511	519	-8
	778	801	-23
	309	320	-11
	1,423	1,411	12
	6,134	6,234	-100
	19,985	19,434	551
	2,005	2,469	-464
	15,712	15,562	150
	20,278	20,268	10
	30	28	2
	81	104	-23
	3,815	4,470	-655
	2,847	2,824	23
	6,855	5,067	1,788
	5,767	5,448	319
	1	1
	17,985	17,985
	30,567	30,308	259
	8,601	8,600	1
	67	71	-4
	1,281	1,240	41
	1,281	1,300	-19
	7,134	7,073	61
	3,033	3,230	-197
	188	174	14
	82	103	-21
	95	112	-17
	39	39
	178	132	46
	3,208	3,109	99
	954	934	20
	67	71	-4
	148	139	9
	88	86	2
	82	103	-21
	245	298	-53
	285	282	3
	464	349	115
	44	46	-2
	36	38	-2
	68	71	-3
	5,384	5,119	265
	2,701	2,680	21
	5,648	7,019	-1,371
	1,191	895	296
	247	244	3
	82	102	-20
	922	873	49
	892	914	-22
	326	321	5
	47	48	-1
	7,876	7,961	-85
	553	538	15
	619	640	-21
	1,120	1,063	57
	1,596	1,555	41
	2,341	2,141	200
	563	561	2
	84	103	-19
	128	131	-3
	683	645	38
	1	1
	4,122	4,047	75
	63	60	3
	2,299	2,262	37
	172	154	18
	72	75	-3
	151	139	12
	3,221	2,110	1,111

	8,690	8,973	-283
	716	721	-5
	2,185	1,657	528
	1,192	886	306
	4,052	4,501	-449
	190	224	-34
	5,075	4,531	544
	51	46	5
	1,232	1,070	162
	41	38	3
	23,197	21,121	2,076
	24,699	23,970	729
	1	1
	507	486	21
	9,594	9,296	298
	2,152	2,153	-1
	3,797	3,799	-2
	10,569	9,653	916
	55,891	54,547	1,344
	20,065	19,188	877
	549	517	32
	3,655	3,434	221
	264	261	3
	9,729	9,819	-90
	778	641	137
	8,770	6,766	2,004
	3,807	4,230	-423
	547	553	-6
	118	120	-2
	14,704	15,015	-311
	16,953	16,585	368
	696	782	-86
	2,692	2,362	330
	575	509	66
	16,821	15,694	1,127
	1,322	1,145	177
	513	454	59
	3,153	2,704	449
	44	48	-4
	599	715	-116
	2,645	3,155	-510
	9,888	8,516	1,372
	3,565	3,189	376
	1	1
	5,426	5,280	146
	4,779	4,328	451
	4,285	3,916	369
	8,141	7,528	613
	22,011	21,410	601
	2,393	2,298	95
	3,904	3,834	70
	1,162	1,184	-22
	13,376	12,547	829
	7,099	6,852	247
	347	307	40
	4,405	3,985	420
	22,522	20,846	1,676
	3,185	2,775	410
	307	305	2
	11,243	11,375	-132
	539	149	390
	1,751	1,502	249
	1,691	1,323	368
	9,871	9,436	435
	3,431	2,489	942
	703	590	113
	15,785	15,390	395
	6,593	6,466	127
	5,947	7,000	-1,053
	482	578	-96
	2,199	2,641	-442
	4,998	4,088	910
	988	897	91
	517	461	56
	24,665	22,615	2,050
	703	781	-78
	2,891	3,161	-270
	237	188	49
	5,074	3,854	1,220
	1,570	1,829	-259
	2,339	2,337	2
	57	48	9
	625	558	67
	57	46	11
	3,807	3,291	516
	779	223	556
	2,113	2,362	-249
	228	249	-21
	2,844	3,241	-397
	763	532	231
	623	522	101
	3,370	3,255	115
	14,303	12,192	2,111
	5,600	4,766	834
	6,779	6,115	664
	29,825	29,928	-103
	1,019	860	159
	3,676	3,351	325
	328	299	29
	2,451	2,674	-223
	5,339	5,086	253
	886	1,042	-156
	228	167	61
	6,257	8,933	-2,676
	2,080	595	1,485
	451	385	66
	38	38
	4,198	4,121	77
	14,597	11,809	2,788
	1,469	1,264	205
	1,870	1,839	31
	6,273	6,167	106
	2,802	2,775	27
	5,567	6,117	-550
	19,031	20,459	-1,428
	10,561	10,161	400
	3,402	3,495	-93
	226	167	59
			311

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			41,679
b			14,274
c			16,309
d			121
e			9,305
			27,707
			-4,710
			539
			33,184
			46,281
			-9,229
			21,331
			21,032
			22,588
			-708
			-11,953
			3,415
			18,077
			36,629
			20,547
			11,797
			-1,742
			-9,631
			-1,836
			18,037
			23,836
			320

			155
			-138
			408
			477
			416
			672
			136
			-1,198
			-578
			32
			322
			-13
			585
			333
			1,092
			-1,579
			1,299
			3,721
			-4,131
			-7,970
			4,527
			1,251
			5,267
			50
			174
			1,499
			26
			222
			2,779
			611
			85
			5,866
			2,803
			6,207
			7,143
			1,521
			230
			-962
			4,863
			8,334
			5,594
			-7
			1,198
			2,566
			-1,792
			3,595
			-4,911
			2,250
			-8
			5,286
			-270
			-6
			-143
			-274
			5,741
			-3
			-13,086
			-2,038
			6
			821
			-1,151
			486
			513
			-22
			-520
			648
			-618
			-35
			13,410
			353
			460
			-120
			643
			2,250
			-91
			-50
			-188
			-136
			497
			-201
			-67
			-265
			-16
			96
			-5
			-13
			-13
			1,030
			-161
			1,382
			-62
			-343
			-170
			-283
			-146
			-23
			2,097
			218
			-862
			2,726
			-39
			-59
			-251
			-62
			-86
			-26
			166

			147
			307
			256
			95
			-3
			-1
			-23
			-11
			265
			236
			-10
			-358
			-179
			-8
			-23
			-11
			12
			-100
			551
			-464
			150
			10
			2
			-23
			-655
			23
			1,788
			319


			259
			1
			-4
			41
			-19
			61
			-197
			14
			-21
			-17

			46
			99
			20
			-4
			9
			2
			-21
			-53
			3
			115
			-2
			-2
			-3
			265
			21
			-1,371
			296
			3
			-20
			49
			-22
			5
			-1
			-85
			15
			-21
			57
			41
			200
			2
			-19
			-3
			38

			75
			3
			37
			18
			-3
			12
			1,111

			-283
			-5
			528
			306
			-449
			-34
			544
			5
			162
			3
			2,076
			729

			21
			298
			-1
			-2
			916
			1,344
			877
			32
			221
			3
			-90
			137
			2,004
			-423
			-6
			-2
			-311
			368
			-86
			330
			66
			1,127
			177
			59
			449
			-4
			-116
			-510
			1,372
			376

			146
			451
			369
			613
			601
			95
			70
			-22
			829
			247
			40
			420
			1,676
			410
			2
			-132
			390
			249
			368
			435
			942
			113
			395
			127
			-1,053
			-96
			-442
			910
			91
			56
			2,050
			-78
			-270
			49
			1,220
			-259
			2
			9
			67
			11
			516
			556
			-249
			-21
			-397
			231
			101
			115
			2,111
			834
			664
			-103
			159
			325
			29
			-223
			253
			-156
			61
			-2,676
			1,485
			66

			77
			2,788
			205
			31
			106
			27
			-550
			-1,428
			400
			-93
			59

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	479,423
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 . . . . . . . . . . . . . . . .		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? Yes No

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	133,100	3,761,638	0.035384
2010	52,825	2,828,906	0.018673
2009	79,505	1,243,450	0.063939
2008	437	1,074,268	0.000407
2007

2	Total of line 1, column (d) ......................	2	0.118403
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	0.029601
4	Enter the net value of noncharitable-use assets for 2012 from Part X, line 5.....	4	3,775,289
5	Multiply line 4 by line 3.......................	5	111,752
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	5,269
7	Add lines 5 and 6.........................	7	117,021
8	Enter qualifying distributions from Part XII, line 4..............	8	216,289
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	5,269
	hereand 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	0
3	Add lines 1 and 2............................	3	5,269
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-).	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	5,269
6	Credits/Payments:

a	2012 estimated tax payments and 2011 overpayment credited to 2012	6a	1,299
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	1,299
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	3,970
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2013 estimated tax0	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

Yes

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

US BANK Telephone no. bullet

(503) 275-4327

Located at bullet

555 SW OAKPORTLANDOR ZIP+4 bullet

97208

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?.........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)........YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?........................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
US BANK	TRUSTEE 1	48,273
PO BOX 3168 PORTLAND,OR97208	TRUSTEE 1	48,273

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
NONE









Total number of other employees paid over $50,000...................				0

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
NONE

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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

3,787,818

Average of monthly cash balances.......................

44,963

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

3,832,781

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

3,832,781

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see

instructions) .............................

57,492

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

3,775,289

Minimum investment return. Enter 5% of line 5..................

188,764

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

188,764

Tax on investment income for 2012 from Part VI, line 5......

5,269

Income tax for 2012. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

5,269

Distributable amount before adjustments. Subtract line 2c from line 1............

183,495

Recoveries of amounts treated as qualifying distributions................

7,599

Add lines 3 and 4............................

191,094

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

191,094

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

216,289

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

216,289

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).................

5,269

Adjusted qualifying distributions. Subtract line 5 from line 4..............

211,020

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)

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					191,094
2 Undistributed income, if any, as of the end of 2012:
a Enter amount for 2011 only.......				189,707
b Total for prior years:2010, 20, 20			0
3 Excess distributions carryover, if any, to 2012:
a From 2007.......	0
b From 2008.......	0
c From 2009.......	0
d From 2010.......	0
e From 2011.......	0
fTotal of lines 3a through e.........		0
4Qualifying distributions for 2012 from Part
XII, line 4: $ 216,289
a Applied to 2011, but not more than line 2a				189,707
b Applied to undistributed income of prior years (Election required—see instructions)......			0
c Treated as distributions out of corpus (Election required—see instructions).........		0
d Applied to 2012 distributable amount.....					26,582
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2012.		0			0
(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		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........			0
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......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2011. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2012. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2013 ..........					164,512
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (see instructions) .............		0
8Excess distributions carryover from 2007 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2013. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2008....	0
b Excess from 2009....	0
c Excess from 2010....	0
d Excess from 2011....	0
e Excess from 2012....	0

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or e-mail of the person to whom applications should be addressed:

US BANK ATTN LINDA THOMAS-BUSH
800 WILLAMETTE ST
EUGENE,OR97401
(503) 465-4120

bThe form in which applications should be submitted and information and materials they should include:

REQUEST FROM US BANK

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

RESIDENTS OF GRANT COUNTY, OREGON - SCHOLARSHIPS FOR COLLEGE, UNIVERSITY, OR OTHER INSTITUTIONS OF HIGHER LEARNING.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AVEDA INSTITUTE FINANCIAL AID OFFICE 325 NW 13TH AVE PORTLAND,OR97209	NONE	PUBLIC	SCHOLARSHIP	2,823
BLUE MTN COMM COLLEGE FINANCIAL AID OFFICE 2411 NW CARDEN AVE PENDLETON,OR97801	NONE	PUBLIC	SCHOLARSHIP	5,245
NORTHWEST RENEWABLE ENERGY FINANCIAL AID DEPARTMENT 2901 E MILL PLAIN BLVD VANCOUVER,WA98661	NONE	PUBLIC	SCHOLARSHIP	1,780
OREGON INSTITURE OF TECH FINANCIAL AID DEPARTMENT 3201 CAMPUS DR KLAMATH FALLS,OR97601	NONE	PUBLIC	SCHOLARSHIP	19,000
OREGON STATE UNIVERSITY 218 KERR ADMIN BUILDING CORVALLIS,OR97331	NONE	PUBLIC	SCHOLARSHIP	38,000
OREGON STATE UNIV CASCADES FINANCIAL AID OFFICE 2600 NW COLLEGE WAY BEND,OR97701	NONE	PUBLIC	SCHOLARSHIP	3,000
PACIFIC LUTHERAN UNIVERSITY FINANCIAL AID OFFICE 12180 PARK AVE S TACOMA,WA98447	NONE	PUBLIC	SCHOLARSHIP	3,000
PACIFIC UNIVERSITY FINANCIAL AID OFFICE 2043 COLLEGE WAY FOREST GROVE,OR97116	NONE	PUBLIC	SCHOLARSHIP	3,000
PENN FOSTER COLLEGE FINANCIAL AID OFFICE 14300 N NORTHSIGHT BLVD SCOTTSDALE,AZ85260	NONE	PUBLIC	SCHOLARSHIP	2,000
PENSACOLA CHRISTIAN COLLEGE FINANCIAL AID OFFICE PO BOX 18000 PENSACOLA,FL32523	NONE	PUBLIC	SCHOLARSHIP	3,000
PORTLAND COMMUNITY COLLEGE FINANCIAL AID OFFICE PO BOX 19000 PORTLAND,OR97280	NONE	PUBLIC	SCHOLARSHIP	7,000
PORTLAND STATE UNIVERSITY FINANCIAL AID OFFICE PO BOX 751 PORTLAND,OR97207	NONE	PUBLIC	SCHOLARSHIP	15,000
SAGE SCHOOL OF MASSAGE FINANCIAL AID OFFICE 369 NE REVERE BEND,OR97701	NONE	PUBLIC	SCHOLARSHIP	4,000
SOUTHERN OREGON UNIVERSITY FINANCIAL AID OFFICE 1250 SISKIYOU BLVD ASHLAND,OR97520	NONE	PUBLIC	SCHOLARSHIP	3,000
SPOKANE FALLS COMMUNITY COLLEGE FINANCIAL AID OFFICE 3410 W FT GEORGE WRIGHT DR SPOKANE,WA99224	NONE	PUBLIC	SCHOLARSHIP	6,000
TREASURE VALLEY COMM COLLEGE FINANCIAL AID OFFICE 650 COLLEGE BLVD ONTARIO,OR97914	NONE	PUBLIC	SCHOLARSHIP	10,000
UNIVERSITY OF IDAHO FINANCIAL AID OFFICE PO BOX 444260 MOSCOW,ID83844	NONE	PUBLIC	SCHOLARSHIP	18,800
UNIVERSITY OF OREGON FINANCIAL AID OFFICE 1278 UNIVERSITY OF OREGON EUGENE,OR97403	NONE	PUBLIC	SCHOLARSHIP	14,800
UNIV OF WISCONSIN-MADISON FINANCIAL AID OFFICE 333 EAST CAMPUS MALL 9701 MADISON,WI53715	NONE	PUBLIC	SCHOLARSHIP	5,800
WALLA WALLA COMMUNITY COLLEGE FINANCIAL AID OFFICE 500 TAUSICK WAY WALLA WALLA,WA99362	NONE	PUBLIC	SCHOLARSHIP	5,000
WAYNE COMMUNITY COLLEGE FINANCIAL AID OFFICE PO BOX 8002 GOLDSBORO,NC27533	NONE	PUBLIC	SCHOLARSHIP	3,000
WEBER STATE UNIVERSITY FINANCIAL AID OFFICE 1136 UNIVERSITY CIRCLE OGDEN,UT84408	NONE	PUBLIC	SCHOLARSHIP	4,000
WESTERN MONTANA SCHOOL FOR GUIDES FINANCIAL AID OFFICE PO BOX 733 DARBY,MT59829	NONE	PUBLIC	SCHOLARSHIP	3,000
WESTERN OREGON UNIVERSITY FINANCIAL AID OFFICE 345 N MONMOUTH AVE MONMOUTH,OR97361	NONE	PUBLIC	SCHOLARSHIP	5,800
WILLAMETTE UNIVERSITY FINANCIAL AID OFFICE 900 STATE STREET SALEM,OR97301	NONE	PUBLIC	SCHOLARSHIP	5,800
WYOTECH FINANCIAL AID OFFICE 4373 NORTH 3RD ST LARAMIE,WY82072	NONE	PUBLIC	SCHOLARSHIP	11,600
OREGON FARRIER SCHOOL FINANCIAL AID OFFICE PO BOX 17601 SALEM,OR97305	NONE	PUBLIC	SCHOLARSHIP	3,000
WESTERN OREGON UNIVERSITY FINANCIAL AID OFFICE 2043 COLLEGE WAY FOREST GROVE,OR97116	NONE	PUBLIC	SCHOLARSHIP	3,000
Total ................................. 3a				209,448

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments
4 Dividends and interest from securities....			14	90,631
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	479,423
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				570,054

13Total. Add line 12, columns (b), (d), and (e)..................

13570,054

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2012)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Name of Bond	End of Year Book Value	End of Year Fair Market Value
AMERICAN CENTY INTL BD FD
NUVEEN HIGH BOND FD	75,380	77,407

Name of Stock	End of Year Book Value	End of Year Fair Market Value
BAXTER INTL INC	158	203
BOEING CO	2,081	1,769
CVS CAREMARK CORP	6,452	9,559
CARDINAL HEALTH INC
CATERPILLAR INC	1,608	2,217
CHEVRON CORPORATION
DOW CHEM CO
EDISON INTL
EDWARDS LIFESCIENCES CORP	1,389	4,794
GENERAL ELECTRIC CO	10,828	7,036
J P MORGAN CHASE & CO	3,784	3,816
NORTHWEST NATURAL GAS CO	6,414	6,377
PRAXAIR INC
TEXTRON INC	92	58
XEROX CORP	4,987	2,336
AMERICAN CENT SMALL CAP VALUE	855	1,371
FIDELITY ADV MID CAP FUND I
ROWE T PRICE MID-CAP GROWTH
VANGUARD EXPLORER #24
CAREFUSION CORPORATION	9,575	7,628
AMERICAN CENT EQUITY INC FD
BLACKROCK CAPITAL APPREC
CREDIT SUISSE COMM RET ST CO	14,908	14,750
ISHARES MSCI EMERGING MKTS ETF
NUVEEN INFLATION PRO SEC FD
NUVEEN REAL ESTATE SECS FD	166,154	201,918
DRIEHAUS ACTIVE INC FD
SCOUT INTL FD
SPDR DJ WILSHIRE INTL	154,014	162,148
T ROWE PRICE SC STOCK	49,914	52,252
TFS MARKET NEUTRAL FD	115,677	120,156
ALLERGAN INC	4,100	4,770
ALTERA CORP	2,379	2,516
AMAZON COM INC	12,403	12,685
AMERICAN TOWER CORP	6,584	6,906
AMGEN INC	3,680	3,937
APPLE INC	24,221	16,696
BIOGEN IDEC INC	11,260	12,476
BLACKROCK INC	5,485	6,953
BORG WARNER INC	6,127	6,697
CABOT OIL GAS CORP	4,457	6,011
CBS CORP CLASS B NON VOTING	1,759	2,256
CELGENE CORP	9,455	12,186
CERNER CORPORATION	7,097	8,046
CITRIX SYS INC	70	71
CONCHO RES INC	1,031	990
COSTCO WHSL CORP	7,213	7,192
DANAHER CORP	16,723	19,280
DELTA AIR LINES INC	2,555	2,597
DISNEY WALT CO	1,141	1,146
DOLLAR GENERAL CORP	7,641	6,905
E BAY INC	5,572	6,182
E M C CORPORATION	8,287	6,995
ECOLAB INC	9,032	10,181
EXPRESS SCRIPTS HLDGS	8,262	7,344
FACEBOOK INC	8,096	8,693
FLUOR CORP	7,098	8,047
FMC TECHNOLOGIES INC	5,845	6,593
FRANKLIN RES INC	8,099	8,899
GILEAD SCIENCES INC	5,882	7,177
GOOGLE INC	16,577	17,626
GRAINGER W W INC	5,233	6,114
HALLIBURTON CO	1,668	1,619
HCA HOLDINGS INC	1,815	2,114
HOME DEPOT INC	8,741	9,659
ILLINOIS TOOL WORKS	2,172	2,214
INTERCONTINENTAL EXCHANGE INC	131	155
INTL BUSINESS MACHINES CORP	17,601	17,071
INTUIT INC	2,608	2,772
INTUITIVE SURGICAL INC	7,796	7,648
LAS VEGAS SANDS CORP	46	51
LAUDER ESTEE COS INC	5,567	5,577
LENNAR CORP	36	86
MASTERCARD INC	1,882	2,071
MCGRAW HILL COMPANIES INC	4,322	3,677
MONSANTO CO	14,957	16,670
O REILLY AUTOMOTIVE INC	86	102
PRECISION CASTPARTS CORP	9,454	10,262
PRICELINE COM INC	13,650	15,161
QUALCOMM INC	11,715	12,800
RALPH LAUREN CORP	8,076	9,020
RANGE RESOURCES CORP	5,295	5,914
ROSS STORES INC	5,218	4,640
SALESFORCE COM INC	12,561	13,876
SBA COMMUNICATIONS CORP	7,114	7,681
SIRIUS XM RADIO INC	5,584	5,965
STARBUCKS CORP	8,658	9,654
TERADATA CORP	6,293	5,225
THE GAP INC	522	461
ULTA SALON COSMETICS & FRAG	5,724	5,136
UNION PACIFIC CORP	20,769	23,172
UNITED HEALTH GROUP INC	7,038	6,949
UNITED TECHNOLOGIES CORP	9,552	11,047
VERISIGN INC	1,985	1,878
VISA INC	18,044	20,623
VMWARE INC	89	72
WELLS FARGO CO	3,514	3,508
WILLIAMS COS INC	5,506	5,935
YUM BRANDS INC	4,402	3,994
ANHEUSER BUSCH INBEV NV ADR	18,933	20,584
ASTRAZENCA PLC SPSD ADR REPSTG	66,203	64,252
BAIDU COM INC ADR REPSTG	4,232	3,540
BP PLC SPONS ADR	8,193	7,999
BRIT AMERN TOB PLC SPONS ADR	8,023	7,925
CHINA PETROLEUM CHEM ADR	959	1,022
CITY TELECOM HK LTD ADR	4,314	6,386
COVIDIEN PLC	7,003	7,565
DELHAIZE GROUP SPONS ADR	8,879	8,956
DIAGEO PLC SPONS ADR	10,537	10,534
FLY LEASING LTD ADR REPSTG	55,111	55,033
FRESENIUS MED CARE	6,431	6,433
GLAXO SMITHKLINE PLC ADR	2,929	2,906
GRUPO FIN SANTANDER ADR	15,927	15,964
GRUPO SIMEC ADR REPSTG	31,623	31,583
HIMAX TECHNOLOGIES INC ADR	4,397	6,588
KB FINANCIAL GROUP ADR	5,628	5,563
KT CORP SP ADR REPSTG	40,375	37,085
LG DISPLAY CO LTD ADR	2,552	2,940
MELCO CROWN ENTERTAINMENT LTD	20,582	26,376
MICHAEL KORS HOLDINGS LLD	7,293	8,121
MITSUBISHI UFJ FINL GRP ADR	5,031	5,982
MIZUHO FNL GRP ADR	4,009	5,562
NATIONAL GRID PLC SP ADR	63,195	62,098
NIPPON TELEGRAPH TELE ADR	57,843	53,845
NOVARTIS AG ADR REPSTG	12,980	13,492
NTT DOCOMO INC ADR REPSTG	6,316	6,091
NXP SEMICONDUCTORS NV	449	485
ORTIX CORP SPONS ADR	63,435	69,463
PT INDOSAT ADR REPSTG	4,256	4,316
ROYAL DUTCH SHELL PLC ADR	40,144	36,785
SANOFI ADR REPSTG	12,885	13,988
SAP AG ADR REPSTG	3,016	3,010
SCHLUMBERGER LTD	4,041	4,282
SHIRE PLC ADR REPSTG	16,016	15,454
SMITH & NEPHEW PLC ADR	26,406	25,288
STATOIL ASA ADR	37,611	35,525
SUMITOMO MITSUI FINL GROUP ADR	26,917	27,728
TEVA PHARMACEUTICAL INDS LTD	12,237	12,043
TOYOTA MTR CORP ADR REPSTG	44,791	54,994
TRINITY BIOTECH PLC SPON ADR	8,367	9,740
UNILEVER NV ADR	38	39
WACOAL HOLDINGS CORP ADR	14,708	13,260
WESTPAC BANKING COPR SP ADR	9,090	10,639
WNS HOLDINGS LTD ADR	910	1,222
XINYUAN REAL ESTATE CO LTD ADR	16,537	31,556
ABERDEEN FDS EMRGN MKT INSTL	148,104	153,634
FIDELITY CAP TR CAP APPREC FD	113,127	115,716
LOOMIS SAYLES ABS STRAT	79,935	81,399
NUVEEN DIVIDEND VALUE FUND	39,727	41,185
NUVEEN MID CAP GRWTH OPP FD	50,701	50,890
NUVEEN MID CAP VALUE FUND	58,117	63,195
NUVEEN SANTA BARBARA DIV GRWTH	67,268	71,641
NUVEEN SMALL CAP VALUE FUND	50,539	57,298
OPPENHEIMER COM STR TR FD	2,181	2,129
OPPENHEIMER DEVEL MKTS FDS	192,215	197,835
OPPENHEIMER SR FLOAT RATE	109,680	110,668
PIMCO TOTAL RETURN FUND	367,284	359,088
SPDR GOLD TRUST	245,486	220,014
T ROWE PRICE BLUE CHIP GROWTH	110,849	118,197
VANGUARD EQUITY INCOME	1	1
VANGUARD INTL GROWTH FD	1	1
VANGUARD STRATEGIC EQUITY	124,580	137,515
VANGUARD TOTAL STK MKT INDEX	89,130	97,348

Description	Amount
RECEIVED VS REPORTED SECURITIES PY	2,450
RETURNED SCHOLARSHIPS PY	7,599
RETURNED SCHOLARSHIPS WAYNE STEWART FDN	14,670

Description	Amount
ADJ FOR COST CORR ON WASH SALE IN MAR	442
REISSUED SCHOLARSHIPS WAYNE STEWART FDN	4,000
ROUNDING ON SALES	6

Category	Amount	Net Investment Income
FOREIGN TAXES	74	74
FEDERAL ESTIMATES - PRINCIPAL	1,150	0
FOREIGN TAXES ON QUALIFIED FOR	725	725
FOREIGN TAXES ON NONQUALIFIED	303	303