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
Sylvan Laureate Foundation Inc
 

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

52-2044008
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$11,643,008J 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) 4,000,000
2 Check bullet
3 Interest on savings and temporary cash investments 76 76  
4 Dividends and interest from securities...... 164,546 162,419  
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 728,893
b Gross sales price for all assets on line 6a 5,725,645
7 Capital gain net income (from Part IV, line 2)... 728,893
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,893,515 891,388  
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 353,643 54,018   299,625
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 11,807 1,146    
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 50,051 2,322   47,729
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 415,501 57,486   347,354
25 Contributions, gifts, grants paid........ 2,578,785 2,578,785
26 Total expenses and disbursements. Add lines 24 and 25 2,994,286 57,486   2,926,139
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,899,229
b Net investment income (if negative, enter -0-) 833,902
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.......... 524,608 734,779 734,779
3 Accounts receivable bullet1,644
Less: allowance for doubtful accounts bullet     1,644 1,644
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 1,231,020 Click to see attachment1,614,619 1,644,173
b Investments—corporate stock (attach schedule)........ 6,705,538 Click to see attachment7,886,768 8,661,662
c Investments—corporate bonds (attach schedule)........ 447,531 Click to see attachment570,116 600,750
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 8,908,697 10,807,926 11,643,008
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 8,908,697 10,807,926
30 Total net assets or fund balances (see page 17 of the
instructions).................... 8,908,697 10,807,926
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 8,908,697 10,807,926
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 8,908,697
2 Enter amount from Part I, line 27a..................... 2 1,899,229
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 10,807,926
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 10,807,926
Form 990-PF (2012)
Form 990-PF (2012)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a 5,725,645   4,996,752 728,893
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a       728,893
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 728,893
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 2,077,502 9,422,407 000.220485
2010 2,068,353 9,064,084 000.228192
2009 1,782,061 7,968,595 000.223636
2008 1,809,095 9,147,079 000.197778
2007 1,091,273 11,511,470 000.094799
2 Total of line 1, column (d) ...................... 2 000.964890
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. . . 		3 000.192978
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 9,628,494
5 Multiply line 4 by line 3....................... 5 1,858,088
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,339
7 Add lines 5 and 6......................... 7 1,866,427
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,926,139
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 8,339
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 8,339
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 8,339
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 7,979
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 360
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 8339 7 8,339
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
Yes
 
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletco Foundation Source Telephone no.bullet (800) 839-1754
    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    Douglas Becker Pres / Trustee
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    R Christopher Hoehn-Saric First VP / Trustee
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    B Lee McGee Trustee
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Eilif Serck-Hanssen Treas
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    Robert W Zentz Second VP / 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
    National Learning Center Prof. Services - Direct Charitable Activity 149,096
    1001 Fleet St
    Baltimore,MD21202
    Universidad Del Valle De Mexico Prog. Director - Direct Charitable Activity 61,442
    Campos Eliseos No 223
    Chapultepec CP,DF11560
    MX
    Brown Investment Advisory & Trust Companny Investment Management 54,018
    901 South Bond St Ste 400
    Baltimore,MD21231
    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 NLC Services - Sharon Morgenthaler, an employee of NLC, oversees philanthropic activities for special projects in Cherry Hill (a low-income Baltimore neighborhood) including building an assessment system for Pre-K children so that schools will be able to provide appropriate interventions earlier and more effectively. 149,096
    2 Universidad U Latina de Costa Rica - strengthens the project management and communications skills of young Costa Rican leaders, while connecting them to their peers and experts to create a national network of youth leaders affecting positive change. The Fdn. is a founding sponsor of Universidad U Latina de Costa Rica. 48,826
    3 YAN Mexico - The Premio UVM Fellowship strengthens the project management and communications skills of young Mexican leaders, while connecting them to their peers and experts to create a national network of youth leaders affecting positive change. The Fdn. is a founding sponsor of the Premio UVM por el Desarrollo Social. 61,442
    4 YAN UNITEC- UNITEC Honduras strengthens the project management and communication skills of Honduran leaders, while connecting them to their peers and experts to create a national network of youth leaders affecting positive change. The Fdn. is a founding sponsor of the Premio Yo Emprendo I Initiate Award. 20,261
    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
    9,136,763
    b
    Average of monthly cash balances.......................
    1b
    638,358
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    9,775,121
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    9,775,121
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    146,627
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    9,628,494
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    481,425
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    481,425
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    8,339
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,339
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    473,086
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    473,086
    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
    473,086
    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
    2,926,139
    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
    2,926,139
    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
    8,339
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,917,800
    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 7 473,086
    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....... 636,266
    b From 2008....... 1,363,143
    c From 2009....... 1,386,529
    d From 2010....... 1,618,035
    e From 2011....... 1,620,536
    fTotal of lines 3a through e......... 6,624,509
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 2,926,139
    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..... 473,086
    e Remaining amount distributed out of corpus 2,453,053
    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 9,077,562
    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) ...     		636,266
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		8,441,296
    10 Analysis of line 9:
    a Excess from 2008.... 1,363,143
    b Excess from 2009.... 1,386,529
    c Excess from 2010.... 1,618,035
    d Excess from 2011.... 1,620,536
    e Excess from 2012.... 2,453,053
    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).)
    NONE
    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
    ALZHEIMERS ASSOCIATION
    225 N MICHIGAN AVE STE 1700
    CHICAGO,IL60601     		N/A 509a1 Charitable Event 5,000
    ARTS EDUCATION IN MD SCHOOLS ALLIANCE INC
    175 W OSTEND ST STE A3
    BALTIMORE,MD21230     		N/A 509a1 Teaching Artist Institute Program 5,000
    ASSOCIATION OF CHILDRENS MUSEUMS INC
    2711 JEFFERSON DAVIS HWY STE 600
    ARLINGTON,VA22202     		N/A 509a2 Charitable Event 5,000
    B & O RAILROAD MUSEUM
    901 W PRATT ST
    BALTIMORE,MD21223     		N/A 509a1 Early Childhood Development Program 1,000
    BALTIMORE CHILDRENS MUSEUM INC
    35 MARKET PL
    BALTIMORE,MD21202     		N/A 509a1 General Unrestricted 50,000
    BALTIMORE EDUCATIONAL SCHOLARSHIP TRUST
    808 N CHARLES ST
    BALTIMORE,MD21201     		N/A 509a1 General Unrestricted 5,000
    BALTIMORE READS INC
    31 S CALVERT ST 4TH FL
    BALTIMORE,MD21202     		N/A 509a1 Charitable Event 5,000
    BALTIMORE SCHOOL FOR THE ARTS FDN INC
    712 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509a3 Charitable Event 15,000
    BALTIMORE SYMPHONY ORCHESTRA INC
    1212 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509a1 2012-2013 Family Concert Series Program 50,000
    BALTIMORE SYMPHONY ORCHESTRA INC
    1212 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509a1 Charitable Event 7,500
    BELIEVE IN TOMORROW NAT'L CHILDRENS FDN
    6601 FREDERICK RD
    BALTIMORE,MD21228     		N/A 509a1 General Unrestricted 5,000
    BIG BROTHERS & BIG SISTERS
    3600 CLIPPER MILL RD STE 250
    BALTIMORE,MD21211     		N/A 509a1 Charitable Event 2,500
    CENTER STAGE ASSOCIATES INC
    700 N CALVERT ST
    BALTIMORE,MD21202     		N/A 509a1 General Unrestricted 25,000
    CRISTO REY JESUIT HIGH SCHOOL
    420 S CHESTER ST
    BALTIMORE,MD21231     		N/A 509a1 2012-2013 Corporate Internship Program 25,000
    CRISTO REY JESUIT HIGH SCHOOL
    420 S CHESTER ST
    BALTIMORE,MD21231     		N/A 509a1 Charitable Event 5,000
    CRISTO REY JESUIT HIGH SCHOOL
    420 S CHESTER ST
    BALTIMORE,MD21231     		N/A 509a1 Charitable Event 5,000
    CYSTIC FIBROSIS FOUNDATION
    10626 YORK RD STE A
    COCKEYSVILLE,MD21030     		N/A 509a1 Charitable Event 7,500
    DO SOMETHING INC
    19 W 21ST ST FL 8
    NEW YORK,NY10010     		N/A 509a1 Charitable Event 12,500
    DOCTORS WITHOUT BORDERS USA INC
    333 7TH AVE 2ND FL
    NEW YORK,NY10001     		N/A 509a1 General Unrestricted 5,000
    ENOCH PRATT FREE LIBRARY OF BALTIMORE CITY
    401 CATHEDRAL ST
    BALTIMORE,MD21201     		N/A 509a1 Charitable Event 5,000
    FAMILY TREE INC
    2108 N CHARLES ST
    BALTIMORE,MD21218     		N/A 509a1 Charitable Event 15,000
    FUSION PARTNERSHIPS INC
    1601 GUILFORD AVE 2 S
    BALTIMORE,MD21202     		N/A 509a2 Exeter Gardens Project 5,000
    GIRL SCOUTS OF CENTRAL MARYLAND INC
    4806 SETON DR
    BALTIMORE,MD21215     		N/A 509a1 Charitable Event 2,500
    GLOBAL CITIZEN YEAR INCORPORATED
    1625 CLAY ST
    OAKLAND,CA94612     		N/A 509a2 General Unrestricted 50,000
    HIGHER ACHIEVEMENT PROGRAM INC
    1701 K ST NW STE 1000
    WASHINGTON,DC20006     		N/A 509a1 Higher Achievement, Baltimore Division 10,000
    HOUSE OF RUTH MARYLAND INC
    2201 ARGONNE DR
    BALTIMORE,MD21218     		N/A 509a1 Charitable Event 5,000
    IMAGINENATIONS GROUP INC
    221 BAY FRONT RD
    PASADENA,MD21122     		N/A 509a1 General Unrestricted 100,000
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509a1 2011 YouthActionNet Program 151,435
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509a1 2012 YouthActionNet 50 Program 609,796
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509a1 Youth Work Program Expansion 100,000
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509a1 YouthActionNet Program 689,812
    INTERNATIONAL YOUTH FOUNDATION
    32 S ST
    BALTIMORE,MD21202     		N/A 509a1 2011 Annual Fund 100,000
    IRVINE NATURAL SCIENCE CENTER INC
    11201 GARRISON FOREST RD
    OWINGS MILLS,MD21117     		N/A 509a2 Charitable Event 1,500
    ITINERIS INC
    2201 OLD COURT RD LOWER LEVEL
    BALTIMORE,MD21208     		N/A 509a1 Charitable Event 2,500
    JOHNS HOPKINS UNIVERSITY
    3910 KESWICK RD N-4327B
    BALTIMORE,MD21211     		N/A 509a1 School of Education 25,000
    KABOOM INC
    4301 CONNECTICUT AVE NW
    WASHINGTON,DC20008     		N/A 509a1 Playground Project 16,559
    KABOOM INC
    4301 CONNECTICUT AVE NW
    WASHINGTON,DC20008     		N/A 509a1 Playground Project 94,183
    KENNEDY KRIEGER FOUNDATION INC
    707 N BROADWAY
    BALTIMORE,MD21205     		N/A 509a1 Charitable Event 20,000
    KENNEDY KRIEGER FOUNDATION INC
    707 N BROADWAY
    BALTIMORE,MD21205     		N/A 509a1 Charitable Event 10,000
    KIPP BALTIMORE INC
    4701 GREENSPRING AVE
    BALTIMORE,MD21209     		N/A 509a1 General Unrestricted 20,000
    LIVING CLASSROOMS FOUNDATION INC
    802 S CAROLINE ST
    BALTIMORE,MD21231     		N/A 509a1 Charitable Event 15,000
    NATIONAL FDN FOR TEACHING ENTREPRENEURSHIP
    300 E LOMBARD ST STE 1111
    BALTIMORE,MD21202     		N/A 509a1 General Unrestricted 7,500
    NETWORK 2000 INC
    PO BOX 22765
    BALTIMORE,MD21203     		N/A 509a2 Charitable Event 10,000
    NEW LEADERS
    30 W 26TH ST 2ND FLR
    NEW YORK,NY10010     		N/A 509a1 General Unrestricted 20,000
    NYCHARITIES ORG INC
    50 BROADWAY STE 1204
    NEW YORK,NY10004     		N/A 509a1 Qualitas of Life Foundation 10,000
    PLANNED PARENTHOOD OF MARYLAND INC
    330 N HOWARD ST
    BALTIMORE,MD21201     		N/A 509a1 Charitable Event 10,000
    SALEM LUTHERAN CHURCH
    8343 GRAVOIS RD
    AFFTON,MO63123     		N/A 509a1 Salem Lutheran School 5,000
    SINAI HOSPITAL OF BALTIMORE INC
    2401 W BELV AVE
    BALTIMORE,MD21215     		N/A 509a1 Charitable Event 10,000
    STAR SPANGLED BANNER FLAG HOUSE ASSC
    844 E PRATT ST
    BALTIMORE,MD21202     		N/A 509a1 General Unrestricted 1,000
    STAR-SPANGLED 200 INC
    175 W OSTEND ST STE E
    BALTIMORE,MD21230     		N/A 509a1 9/11 Memorial Project 25,000
    TEACH FOR AMERICA INC
    519 8TH AVE 15TH FL
    NEW YORK,NY10018     		N/A 509a1 General Unrestricted 50,000
    THE ACADEMY FOR COLLEGE AND CAREER EXPLORATION
    1300 W 36TH ST
    BALTIMORE,MD21211     		N/A 509a1 General Unrestricted 10,000
    THE AMERICAN VISIONARY ART MUSEUM INC
    800 KEY HWY
    BALTIMORE,MD21230     		N/A 509a1 Charitable Event 5,000
    THE EVERYMAN THEATRE INCORPORATED
    1727 N CHARLES ST
    BALTIMORE,MD21201     		N/A 509a2 Charitable Event 1,500
    THE EVERYMAN THEATRE INCORPORATED
    1727 N CHARLES ST
    BALTIMORE,MD21201     		N/A 509a2 Capital Campaign 20,000
    THE RICHARD W RILEY INSTITUTE AT FURMAN UNIVERSITY
    111 JOHNS HALL 3300 POINSETT H
    GREENVILLE,SC29613     		N/A 509a1 General Unrestricted 37,500
    US FOUNDATION FOR INSPIRATION & RECOGNITION
    200 BEDFORD ST
    MANCHESTER,NH03101     		N/A 509a1 Charitable Event 25,000
    VOLUNTEER CENTRAL INC
    175 W OSTEND ST STE 100
    BALTIMORE,MD21230     		N/A 509a1 General Unrestricted 22,000
    YMCA OF CENTRAL MARYLAND INC
    303 W CHESAPEAKE AVE
    BALTIMORE,MD21204     		N/A 509a2 Charitable Event 15,000
    YOUNG AUDIENCES OF MARYLAND INC
    2601 N HOWARD ST STE 320
    BALTIMORE,MD21218     		N/A 509a1 Teaching Artist Institute Program 5,000
    Total .................................bullet 3a 2,578,785
    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 76  
    4 Dividends and interest from securities....     14 164,546  
    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     18 728,893  
    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)..   893,515  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13893,515
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







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


    Software ID: 12000057
    Software Version: 12.19.1011.1
    Part VI Line 7 - Tax Paid Original Return: 8339


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

    52-2044008
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    Sylvan Laureate Foundation Inc
          		Employer identification number

    52-2044008
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    Laureate Education Inc    
    650 S Exeter Street
       
    Baltimore, MD   21201

    		$4,000,000


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


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

         
     
       

    		$  


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

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    Sylvan Laureate Foundation Inc
          		Employer identification number

    52-2044008
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    Sylvan Laureate Foundation Inc
          		Employer identification number

    52-2044008
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID: 12000057
    Software Version: 12.19.1011.1

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded Securities         5,725,645 4,996,752     728,893  

    TY 2012 GeneralExplanationAttachment
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMERICA MOVIL SAB DE CV 5.000 - 03/30/2020 20,975 23,269
    AMERICAN EXPRESS CO - 7.000 - 03/19/2018 30,252 31,586
    AVALONBAY CMNTYS INC - 2.950 - 09/15/2022 29,722 29,884
    BERKLEY W R CORP NT - 5.875 - 02/15/2013 25,193 25,148
    BOSTON PROPERTIES LPNOTES 05.625 11/15/2020 27,383 29,575
    DELL INC NT 5.87500 06/15/2019 35,411 34,594
    DEVON ENERGY CORPORATION BOND 03.25000 05/15/2022 30,674 31,311
    DUKE CAPITAL CORP SER B - 6.750 - 07/15/2018 24,433 29,585
    EASTMAN CHEM CO - 3.600 - 08/15/2022 30,457 31,420
    ENTERPRISE PRODUCTS BD - 5.200 - 09/01/2020 27,199 29,840
    GENERAL ELEC CAP CORP MTN BE 5.50000 01/08/2020FR 27,879 29,593
    GOLDMAN SACHS GROUP-0.00-02/07/2014 20,016 20,058
    GTE CORP 6.840 4/15/2018 24,840 31,299
    ICI WILMINGTON INC GTD NT 5.625 12/01/2013 25,234 26,104
    JPMORGAN CHASE CO NT 6.30000 04/23/2019 28,840 30,769
    KOHL S CORP NOTE-04.00-11/01/2021 25,935 26,440
    MARKEL CORP SR NT-5.35-06/01/2021 32,513 32,844
    MEDCO HEALTH SOLUTIONS INC - 4.125 - 09/15/2020 33,173 32,787
    MORGAN STANLEY-3.80-04/29/2016 24,529 26,245
    ONEOK INC - 4.250 - 02/01/2022 25,191 27,164
    POTASH CORP-SASKATCHEWAN - 5.875 - 12/01/2036 20,267 21,235

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    190 shares of 3M CO 16,414 17,642
    416 shares of ABBOTT LABS 21,397 27,248
    295 shares of ABERCROMBIE FITCH 13,500 14,151
    1631 shares of ACCENTURE PLC 78,767 108,462
    245 shares of ACE LTD 13,027 19,551
    1549 shares of ALTRIA GROUP INC 40,209 48,701
    1154 shares of AMPHENOL CORPORATION 57,301 74,664
    766 shares of ANSYS INC. 44,178 51,582
    285 shares of APPLE INC. 95,319 151,669
    611 shares of AUTOMATIC DATA PROCESSING INC. 29,797 34,784
    13000 shares of BAFQX 130,000 132,080
    39734 shares of BROWN ADVISORY SMALL-CAP FUNDAMENTAL VALUE FUND IN 613,684 696,930
    45000 shares of BROWN ADVISORY TATICAL BOND ADV 450,000 441,000
    116675 shares of BROWN ADVS INTERM BD FD INSTIT CL 1,334,677 1,307,929
    48546 shares of BROWNIA SMALL-CAP GROWTH FUND 634,616 673,817
    365 shares of CA INC. 8,278 8,023
    215 shares of CARBO CERAMICS INC 18,495 16,843
    742 shares of CENTURY LINK INC 28,735 29,027
    7304 shares of CHARLES SCHWAB CORP NEW 108,338 104,885
    330 shares of CHECK POINT SOFTWARE TECHNOLOGIES LTD 13,935 15,721
    370 shares of CIMAREX ENERGY CO 21,531 21,360
    726 shares of CINCINNATI FINANCIAL CORP 21,480 28,430
    789 shares of CITRIX SYSTEMS INC 34,690 51,774
    1846 shares of COACH INC 95,895 102,471
    711 shares of COCA-COLA CO 23,579 25,774
    1223 shares of COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION - CLASS 60,096 90,355
    203 shares of CONSOLIDATED EDISON INC 10,880 11,275
    653 shares of CORE LABRATORIES 65,952 71,379
    685 shares of COSTCO WHOLESALE CORP NEW 42,110 67,630
    1142 shares of COVANCE INC 56,768 65,973
    1551 shares of DANAHER CORP 68,677 86,701
    556 shares of DAVITA INC COMMON 46,592 61,455
    1070 shares of DELL INC 13,513 10,850
    78 shares of DIAGEO PLC ADS 7,490 9,093
    313 shares of DOMINION RESOURCES INC 15,104 16,213
    9450 shares of DOUBLELINE EMERGING MARKETS FIXED INCOME BOND I 101,250 104,709
    1081 shares of DU PONT DE NEMOURS 50,224 48,622
    675 shares of EATON CORP PLC 31,086 36,572
    762 shares of ECOLAB INC 54,220 54,788
    450 shares of EMERSON ELECTRIC CO. 22,007 23,832
    374 shares of ERIE INDEMNITY CO CLASS A 24,354 25,888
    1228 shares of ESTEE LAUDER COMPANIES INC 76,106 73,508
    2871 shares of EUROPACIFIC GROWTH FUND, CLASS F-2 SHS 102,547 118,149
    2137 shares of EXPRESS SCRIPTS HOLDING CO. 113,907 115,398
    2137 shares of FLUOR CORP NEW 121,883 125,527
    1841 shares of FMC TECHS INC COM 72,475 78,850
    771 shares of FOSSIL INC COM 64,639 71,780
    550 shares of FREEPORT-MCMORAN COPPER GOLD INC. 21,481 18,810
    900 shares of GAMESTOP CORP 20,989 22,581
    2779 shares of GENPACT LIMITED 46,293 43,075
    178 shares of GOOGLE INC CL A 99,634 125,914
    745 shares of GUESS INC COM 21,026 18,282
    181 shares of HARRIS CORP DEL 7,383 8,862
    1040 shares of HARTFORD FINANCIALSERVICES GROUP 21,484 23,338
    1031 shares of HEALTHCARE SVCS GROUP INC 16,393 23,950
    627 shares of IDEXX CORP 35,587 58,186
    173 shares of INTUITIVE SURGICAL, INC. 67,244 84,834
    808 shares of JOHNSON JOHNSON 51,708 56,641
    1566 shares of KINDER MORGAN INC 47,074 55,327
    489 shares of KRAFT FOODS GROUP, INC. 19,285 22,235
    528 shares of MT BANK CORP 42,059 51,992
    189 shares of MASTERCARD INC 53,860 92,852
    354 shares of MCDONALDS CORP 29,320 31,226
    1146 shares of MEAD JOHNSON NUTRITI 78,184 75,510
    1423 shares of MERCK CO INC. 51,836 58,258
    964 shares of METLIFE INC. 33,833 31,754
    1604 shares of MICROCHIP TECHNOLOGY INC. 50,985 52,274
    2639 shares of MICROSOFT CORPORATION 69,702 70,487
    917 shares of MONDELEZ INTERNATIONAL INC 21,374 23,341
    1722 shares of NATIONAL INSTRUMENTS CORPORATION 47,392 44,445
    360 shares of NATL OILWELL VARCO 23,000 24,606
    2976 shares of NETAPP, INC. 92,445 99,845
    535 shares of NORTHERN TRUST CORPORATION 25,930 26,836
    1262 shares of NOVARTIS AG ADR 71,783 79,885
    15307 shares of OAKMARK INTERNATIONAL SMALL CAP FUND CL I 201,109 213,994
    770 shares of OCCIDENTAL PETROLEUM CORP 61,300 58,990
    1119 shares of ONEBEACON INSURANCE GROUP 15,036 15,554
    955 shares of ORACLE CORP 28,665 31,821
    1528 shares of PACCAR INC 63,416 69,081
    326 shares of PEPSICO INC 21,481 22,308
    1014 shares of PFIZER INC. 19,181 25,430
    280 shares of PHILIP MORRIS INTL 19,996 23,419
    705 shares of PLUM CREEK TIMBER REIT 26,544 31,281
    145 shares of PRAXAIR INC. 14,722 15,870
    445 shares of PRUDENTIAL FINCL INC 24,821 23,732
    878 shares of PUBLIC STORAGE 5.900 22,176 22,960
    779 shares of PUBLIC STORAGE SBI O 6.875 20,229 21,056
    2171 shares of QUALCOMM INC 101,425 134,297
    2910 shares of REGIONS FINANCIAL CORP 19,584 20,748
    703 shares of ROPER INDUSTRIES NEW COMMON 47,007 78,370
    351 shares of SALESFORCE.COM 43,979 59,003
    1777 shares of SCHLUMBERGER LTD 118,644 123,144
    1773 shares of STARBUCKS CORP COM 82,008 95,086
    860 shares of STERICYCLE INC 67,171 80,221
    650 shares of SUNTRUST BKS INC 18,234 18,428
    376 shares of T. ROWE PRICE ASSOCIATES 19,596 24,484
    428 shares of TIFFANY CO, 22,816 24,542
    417 shares of TIME WARNER CABLE INC 29,524 40,528
    870 shares of TOTAL FINA ELF S.A. 43,369 45,249
    3848 shares of UMB SCOUT INTERNATIONAL 106,483 128,338
    703 shares of UNILEVER N V N Y 22,979 26,925
    328 shares of UNITED TECHNOLOGIES CORP 24,870 26,899
    490 shares of US BANCORP DEL NEW 13,678 15,651
    185 shares of V F CORP 23,813 27,929
    329 shares of WAL-MART STORES INC. 18,385 22,448
    62536 shares of WASATCH EMERGING MARKETS SMALL CAP FUND 159,392 175,725
    2384 shares of WINDSTREAM CORP 28,129 19,740

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    US Government Securities - End of Year Book Value:

    1,486,818
    US Government Securities - End of Year Fair Market Value:

    1,512,267
    State & Local Government Securities - End of Year Book Value:


    127,801
    State & Local Government Securities - End of Year Fair Market Value:


    131,906


    TY 2012 LiquidationExplanationStmt
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Statement:
    This statement is submitted to report the distribution of certain assets during the above-referenced year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3a1 and the Form 990-PF instructions During the taxable year ending December 31, 2012, Sylvan/Laureate Foundation Inc. the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled 2,578,785. This amount represents over 25 of the Foundations net assets of 9,412,717 as measured by fair market value at the beginning of the Foundations taxable year ending December 31, 2012. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a each such grant was made solely for the charitable purpose specified therein.


    TY 2012 OtherExpensesSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 41,564     41,564
    Bank Charges 2,322 2,322    
    Foundation Dues Memberships 6,165     6,165


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 54,018 54,018    
    Philanthropic Consulting Fees for NLC DCA 149,096     149,096
    Program Director Fee for DCA YAN Mexico 61,442     61,442
    Program Director Fee for DCA YAN Istanbul 20,000     20,000
    Program Director Fee for DCA YAN UNITEC 20,261     20,261
    Program Director Fee for DCA Costa Rica 48,826     48,826


    TY 2012 TaxesSchedule
    Name:
    Sylvan Laureate Foundation Inc
    EIN: 52-2044008
    Software ID:12000057
    Software Version:12.19.1011.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Back-up withholding 113      
    Estimated Tax for 2012 7,800      
    Foreign Tax Paid 1,146 1,146    
    IRS Excise Tax Payment with 1st ext 990-PF 2,748