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
Doctorbird Foundation
 

Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd   Room/suite
City or town, state, and ZIP code
Wilmington, DE198091377
A Employer identification number

27-3900238
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$36,150,264J 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) 7,164,746
2 Check bullet
3 Interest on savings and temporary cash investments 366 366  
4 Dividends and interest from securities...... 946,748 820,439  
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 -145,794
b Gross sales price for all assets on line 6a 24,186,010
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 1,633 13  
12 Total. Add lines 1 through 11........ 7,967,699 820,818  
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 56,049 56,049    
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 13,600      
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 46,005 480   45,525
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 115,654 56,529   45,525
25 Contributions, gifts, grants paid........ 865,000 865,000
26 Total expenses and disbursements. Add lines 24 and 25 980,654 56,529   910,525
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,987,045
b Net investment income (if negative, enter -0-) 764,289
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.......... 3,009,284 7,433,938 7,433,938
3 Accounts receivable bullet2,750
Less: allowance for doubtful accounts bullet   57,895 2,750 2,750
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) 7,757,278 Click to see attachment3,239,701 3,216,013
b Investments—corporate stock (attach schedule)........ 5,317,057 Click to see attachment7,701,396 7,837,223
c Investments—corporate bonds (attach schedule)........ 12,892,391 Click to see attachment17,642,667 17,639,810
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 18,504 Click to see attachment19,002 20,530
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) 29,052,409 36,039,454 36,150,264
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 29,052,409 36,039,454
30 Total net assets or fund balances (see page 17 of the
instructions).................... 29,052,409 36,039,454
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 29,052,409 36,039,454
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 29,052,409
2 Enter amount from Part I, line 27a..................... 2 6,987,045
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 36,039,454
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 36,039,454
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 Passthrough K1 Capital Gain      
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 24,186,010   24,332,464 -146,454
b       660
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       -146,454
b       660
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 -145,794
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 594,241 26,730,819 000.022231
2010   23,630,338  
2009      
2008      
2007      
2 Total of line 1, column (d) ...................... 2 000.022231
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. . . 		3 000.011116
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 30,719,886
5 Multiply line 4 by line 3....................... 5 341,482
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 7,643
7 Add lines 5 and 6......................... 7 349,125
8 Enter qualifying distributions from Part XII, line 4.............. 8 910,525
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 7,643
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 7,643
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 7,643
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 15,600
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Tax Paid Original Return: 15600 7 15,600
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 7,957
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet7,957 Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2012 or the taxable year beginning in 2012 (see instructions for Part XIV)?
    If “Yes,” complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFoundation 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
    E Porter Pres / Dir / Sec
    001.00     		0    
    Foundation Source 501 Silverside Rd
    Wilmington,DE19809
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    27,915,852
    b
    Average of monthly cash balances.......................
    1b
    3,271,849
    c
    Fair market value of all other assets (see instructions)................
    1c
    1
    d
    Total (add lines 1a, b, and c).........................
    1d
    31,187,702
    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
    31,187,702
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    467,816
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    30,719,886
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,535,994
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,535,994
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    7,643
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,643
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,528,351
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,528,351
    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
    1,528,351
    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
    910,525
    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
    910,525
    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
    7,643
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    902,882
    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 1,528,351
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 887,387
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009.......  
    d From 2010.......  
    e From 2011.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 910,525
    a Applied to 2011, but not more than line 2a 887,387
    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..... 23,138
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2012.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		1,505,213
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010....  
    d Excess from 2011....  
    e Excess from 2012....  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2012, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2012 (b) 2011 (c) 2010 (d) 2009
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    E Porter
    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
    ALICE PECK DAY MEMORIAL HOSPITAL
    10 ALICE PECK DAY DR
    LEBANON,NH03766     		N/A 509a1 Building a New Day Capital Campaign 50,000
    BELOIT COLLEGE
    700 COLLEGE ST
    BELOIT,WI53511     		N/A 509a1 TTL 100,000
    CARDIGAN MOUNTAIN SCHOOL
    62 ALUMNI DR
    CANAAN,NH03741     		N/A 509a1 Cardigan 2020 Campaign 100,000
    LEBANON COLLEGE INC
    15 HANOVER ST
    LEBANON,NH03766     		N/A 509a1 Financial Aid Scholarship Fund 50,000
    NATURE CONSERVANCY - VERO BEACH
    5089 HWY A1A STE 200
    VERO BEACH,FL32963     		N/A 509a1 Nature Conservancy Jamaica Program-Tryall Project 20,000
    NORTH CENTRAL FLORIDA HOSPICE INC
    PO BOX 749
    GAINESVILLE,FL32627     		N/A 509a2 General Unrestricted 10,000
    PARTNERSHIP FOR FAMILIES FOUNDATION
    800 W GRAHAM RD
    RICHMOND,VA23222     		N/A 509a1 Scholarships Transportation for 0-3 year olds - Gilpin Court 100,000
    PLANNED PARENTHOOD OF NORTH FL INC
    3850 BEACH BLVD
    JACKSONVILLE,FL32207     		N/A 509a1 Gainesville Health Center 10,000
    PLANNED PARENTHOOD-NORTHERN NEW ENG
    128 LAKESIDE AVE STE 301
    BURLINGTON,VT05401     		N/A 509a1 Upper Valley Relocation Project 100,000
    SANTA FE COLLEGE FOUNDATION INC
    3000 NW 83RD ST
    GAINESVILLE,FL32606     		N/A 509a1 Financial Aid Scholarship Fund 50,000
    ST FRANCIS HOUSE INC
    413 S MAIN ST
    GAINESVILLE,FL32601     		N/A 509a1 General Unrestricted 10,000
    THE NATURE CONSERVANCY - SOUTH EAST PA OFFICE
    15 E RIDGE PIKE STE 100
    CONSHOHOCKEN,PA19428     		N/A 509a1 Caribbean Challenge Initiative 50,000
    UNITED WAY OF NORTH CENTRAL FLORIDA INC
    6031 NW 1ST PL
    GAINESVILLE,FL32607     		N/A 509a1 General Unrestricted 5,000
    UNIVERSITY OF CHICAGO MEDICAL CENTER
    1170 E 58TH ST
    CHICAGO,IL60637     		N/A 509a1 Joseph J. Ceithaml Scholarship Fund 25,000
    UNIVERSITY OF FLORIDA FOUNDATION INC
    PO BOX 14425
    GAINESVILLE,FL32604     		N/A 509a1 Florida Museum of Natural History 45,000
    UNIVERSITY OF FLORIDA FOUNDATION INC
    PO BOX 14425
    GAINESVILLE,FL32604     		N/A 509a1 Bob Graham Center, WUFT-TV, and WUFT-FM 40,000
    VITAL COMMUNITIES INC
    195 N MAIN ST
    WHITE RIV JCT,VT05001     		N/A 509a1 General Unrestricted 100,000
    Total .................................bullet 3a 865,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 366  
    4 Dividends and interest from securities....     14 946,748  
    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 -145,794  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aK-1 Inc/Loss     14 13  
    bFederal Tax Refund     01 1,620  
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   802,953  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13802,953
    (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: 12.15.422.1
    Part VI Line 7 - Tax Paid Original Return: 15600


    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
    Doctorbird Foundation
     
    Employer identification number

    27-3900238
    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
    Doctorbird Foundation
          		Employer identification number

    27-3900238
    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
     
     

    L Robins Revocable Trust    
    c/o Wells Fargo PO Box 27602
       
    Richmond, VA   23286

    		$7,164,746


    (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
    Doctorbird Foundation
          		Employer identification number

    27-3900238
    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
    Doctorbird Foundation
          		Employer identification number

    27-3900238
    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: 12.15.422.1

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

    TY 2012 GainLossSaleOtherAssetsSch
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Publicly-traded Securities         24,186,010 24,332,464     -146,454  
    Passthrough K1 Capital Gain                 660  

    TY 2012 GeneralExplanationAttachment
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Identifier Return Reference Explanation

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLY BK MIDVALE UTAHCD - 0.500 - 10/25/2013 250,010 250,053
    ALTRIA GROUP INC GTD NT 4.125 09/11/2015 404,504 407,285
    AMERICAN EXPRESS CENTRN - 1.000 - 07/27/2015 250,010 249,538
    AMGEN INC - 5.850 - 06/01/2017 443,121 445,529
    ATT INC NOTE - 2.400 - 08/15/2016 253,135 260,741
    BANK NEW YORK MTN BK ENT 3.10000 01/15/2015SR NT 316,465 314,326
    BANK OF AMERICA CORPORATION 4.75000 08/15/2013 381,307 383,230
    BEST BUY INC NT - 6.750 - 07/15/2013 395,166 380,625
    BEST BUY INC NT-3.75-03/15/2016 502,656 468,750
    BMW BK NORTH AMER UTAH - 0.750 - 07/12/2013 250,010 250,388
    BURLINGTON NORTHN SANTA FE CP 5.65000 05/01/2017 426,655 441,122
    CAPITAL ONE FINL COR - 6.250 - 11/15/2013 268,219 261,771
    CAPITAL ONE FINL CORP - 6.150 - 09/01/2016 273,893 286,005
    COMCAST CORPORATIONNOTES 4.9500 DUE06/15/2016 568,645 564,564
    CONAGRA FOODS INC - 5.875 - 04/15/2014 550,210 531,253
    DISCOVER BK GREENWOOD DEL - 0.300 - 02/01/2013 250,010 250,020
    DISNEY WALT CO - 6.000 - 07/17/2017 604,171 606,831
    DOW CHEMICAL CO - 6.850 - 08/15/2013 274,230 259,089
    DR PEPPER SNAPPLE GROUP - 2.900 - 01/15/2016 259,213 263,899
    DUKE ENERGY CORP - 5.300 - 10/01/2015 264,485 258,902
    FORTUNE BRANDS NOTE - 4.875 - 12/01/2013 260,960 258,294
    FRANKLIN RESOURCES INC - 3.125 - 05/20/2015 316,861 316,339
    GE CAP BK CD - 1.150 - 08/24/2015 250,010 249,798
    GE CAP RETAIL BK DRAPER UTAH - 0.800 - 09/30/2014 250,010 251,085
    GENERAL ELEC CAP CORP 2.25 11/09/2015 496,786 516,676
    GENERAL ELEC CAP CORP MTN BE 5.62500 05/01/2018 296,885 296,487
    GOLDMAN SACHS BK USA NY - 1.000 - 07/07/2014 250,010 250,728
    GOLDMAN SACHS GROUP INC - 3.300 - 05/03/2015 375,558 390,603
    HEWLETT PACKARD CO GLBL NT 2.12500 09/13/2015 469,429 475,369
    IBM CORP NOTES 5.700 09/14/2017 304,888 301,555
    INTEL CORP NT - 1.950 - 10/01/2016 254,990 258,227
    KELLOGG CO-1.875-11/17/2016 255,533 257,397
    MORGAN STANLEY-2.875-01/24/2014 501,510 508,439
    NUCOR CORP - 5.750 - 12/01/2017 590,764 598,301
    OWENS MINOR INC NEW SR NT 6.35 04/15/2016 623,570 632,417
    PITNEY BOWES INC - 5.750 - 09/15/2017 542,010 534,407
    PROTECTIVE LIFE CORPST NTS 4.875 11/1/2014 541,625 524,793
    PRUDENTIAL FINL INC-4.750-06/13/2015 540,940 539,467
    QWEST CORP NT 8.375 05/01/2016 229,510 239,081
    RYDER SYS INC NT - 3.600 - 3/01/2016 532,320 525,425
    SALLIE MAE BK MURRAY UTAH - 0.650 - 03/28/2014 250,010 250,658
    TFSHEDGED FUTURES FUND 10,208 9,767
    TYCO ELECTRONICS GROUP S A 6.55 10/01/2017 293,260 300,820
    UNIVERSAL - 5.200 - 10/15/2013 438,748 432,199
    VERIZON COMMUNICATIONS INC - 2.000 - 11/01/2016 257,558 258,957
    VIACOM INC NOTES 04.375 09/15/2014 537,544 529,705
    WHIRLPOOL CORP - 6.500 - 06/15/2016 274,210 287,195
    XEROX CORP SR NT 2.950 03/15/2017 510,845 511,700

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    301 shares of ALLIED CAPITAL CORPORATION 15,032 15,818
    4380 shares of ANWORTH MORTGAGE ASSET CORP 24,960 25,316
    3245 shares of APOLLO INVESTMENT CORP 25,057 27,128
    995 shares of APPLIED MATERIALS INC. 10,038 11,383
    485 shares of ARLINGTON ASSET INVT NEW 9,652 10,073
    3940 shares of ARMOUR RESIDENTIAL REIT INCCOM 25,769 25,492
    4700 shares of BLACKROCK EMERGING MRKTS LG SH EQUITY A 50,152 50,058
    24375 shares of BLACKROCK GLOBAL LONG/SHORT CREDIT INSTL 253,575 257,396
    2010 shares of BLACKROCK KELSO CAP CORP 19,604 20,221
    500 shares of CARDINAL HEALTH INC. 19,982 20,590
    850 shares of CENTURY LINK INC 33,096 33,252
    595 shares of CISCO SYSTEMS INC 10,034 11,691
    1605 shares of CYPRESS SEMICONDUCTR 15,033 17,398
    1585 shares of CYS INVESTEMENTS INC. 19,311 18,719
    2335 shares of DYNEX CAPITAL INC NEW REIT 21,483 22,042
    326 shares of EGSHARES EMERGING MARKETS CONSUMER 8,388 8,685
    920 shares of FORD MOTOR COMPANY 10,179 11,914
    480 shares of GENERAL ELECTRIC CO 10,015 10,075
    2805 shares of GLADSTONE INVESTMENT CP 20,032 19,523
    325 shares of HALLIBURTON COMPANY 10,028 11,274
    32997 shares of HIGHLAND LONG/SHORT HEALTHCARE A 437,254 326,011
    1105 shares of INTERSIL CORPORATION 7,753 9,160
    36497 shares of INVESCO BALANCED RISK ALLOCATION Y FUND 438,704 457,306
    1081 shares of ISHARE FTSE EPRA/NAREIT DEV 30,796 35,814
    726 shares of ISHARE MSCI GERMANY 16,669 17,932
    3284 shares of ISHARES BARCLAYS 3-7 YEAR TREASURY BOND 406,108 404,654
    180 shares of ISHARES BARCLAYS MBS BOND FUND 19,625 19,438
    145 shares of ISHARES BARCLAYS SHORT TREASURY BOND FUND 15,991 15,988
    226 shares of ISHARES BARCLAYS TIPS BOND FUND 26,430 27,439
    2420 shares of ISHARES BARCLAYS US AGGREGATE BOND FUND 269,216 268,814
    325 shares of ISHARES COHEN STEERS REALTY MAJORS INDEX FUND 25,380 25,526
    212 shares of ISHARES ETF AAA- A RATED CORPORATE BOND FUND 11,097 11,081
    1196 shares of ISHARES GOLD TRUST 19,972 19,471
    2725 shares of ISHARES IBOXX HIGH YIELD CORPORATE BOND FUND 253,209 254,379
    3105 shares of ISHARES MSCI EMERGING MARKETS INDEX FD 128,776 137,707
    908 shares of ISHARES MSCI-HONG KONG 16,783 17,633
    215 shares of ISHARES RUSSELL 1000 INDEX FD 16,998 17,017
    501 shares of ISHARES RUSSELL 2000 41,063 42,244
    165 shares of ISHARES SP/CITIGROUP INTERNATIONAL TREASURY BOND 16,782 16,983
    3501 shares of ISHARES TR S P MIDCAP 400 INDEX FD 340,322 356,052
    5365 shares of ISHARES TRUST MSCI EAFE INDEX FUND 292,432 305,054
    144 shares of ISHARESLEHMAN 7-10YR 15,034 15,479
    285 shares of JOHNSON JOHNSON 19,898 19,979
    565 shares of JP MORGAN CHASE CO 22,771 24,842
    225 shares of KLA TENCOR CORP 9,928 10,746
    600 shares of KOHLS CORP 27,585 25,788
    400 shares of KROGER CO 9,963 10,408
    30648 shares of MARKETFIELD FUND 404,261 485,462
    1285 shares of MARVELL TECH GROUP 9,811 9,329
    375 shares of MERCK CO INC. 16,207 15,353
    755 shares of MICROSOFT CORPORATION 20,464 20,166
    3200 shares of NEW YORK MORTGAGE TRUST INC 19,046 20,224
    2715 shares of NEWCASTLE 21,156 23,566
    1705 shares of NORTHSTAR REALTY FINANCE CORP 10,520 12,003
    4543 shares of PERFORMANCE TRUST TOTAL RETURN 101,826 104,041
    40819 shares of PIMCO ALL ASSETS ALL AUTH - D 443,765 450,646
    539 shares of POWERSHARES EMERGING MARKETS SOVEREIGN DEBT PORTFO 16,752 16,952
    817 shares of POWERSHARES ETF TR II SP500 LOW VOL 21,158 22,615
    11825 shares of POWERSHARES FUNDAMENTAL HIGH YIELD CORPORATE BOND 227,991 227,631
    727 shares of POWERSHARES QQQ NASDAQ 100 43,065 47,350
    150 shares of PROCTER GAMBLE CO 10,084 10,184
    2239 shares of PROSHARES ULTRA MIDCAP400 150,304 165,798
    2370 shares of PROSPECT CAPITAL CORPORATION 24,441 25,762
    2335 shares of PT ULTRSHRT SP500 PS 134,626 126,347
    645 shares of REGAL ENTERTAINMENT 10,023 8,998
    290 shares of SELECT SECTOR SPDR UTILITIES 10,051 10,127
    17996 shares of SIERRA CORE RETIREMENT FUND - C 421,091 422,539
    4975 shares of SPDR BARCLAYS CAPITAL HYB ETF 200,786 202,532
    900 shares of SPDR BARCLAYS CAPITAL SHORT TERM CORP BOND ETF 27,590 27,648
    104 shares of SPDR GOLD TR GOLD SHS 17,326 16,850
    320 shares of ST. JUDE MED INC. 10,164 11,565
    430 shares of TELEFONICA BRASIL, S.A. 10,245 10,346
    795 shares of TELEFONICA S A ADR 10,136 10,725
    2090 shares of TICC CAPITAL CORP. 19,611 21,151
    210 shares of TOTAL FINA ELF S.A. 10,083 10,922
    920 shares of TWO HARBORS INVESTMENT CORP. 9,676 10,194
    3453 shares of U S T INC 200,003 195,958
    1015 shares of ULTRASHORT RUSSELL2000 PROSHARES 27,581 25,730
    669 shares of VANGUARD DIVIDEND APPRECIATION ETF 34,868 39,852
    488 shares of VANGUARD MSCI EAFE ETF 14,939 17,192
    194 shares of VANGUARD MSCI EMERGING MARKETS ETF 7,485 8,639
    753 shares of VANGUARD SF REIT ETF 42,563 49,547
    7675 shares of VANGUARD ST BOND ETF 622,988 621,597
    820 shares of VANGUARD TOTAL BOND MARKET ETF 68,523 68,905
    232 shares of VANGUARD TOTAL STOCK MARKET ETF 14,195 17,001
    880 shares of VANGUARD WELLINGTON ADMIRAL FUND 51,415 51,458
    32922 shares of VIRTUS PREMIUM ALPHASECTOR I FUND 407,509 435,232
    305 shares of WALGREEN CO 9,984 11,288
    765 shares of WASTE MANAGEMENT INC. 24,415 25,811
    620 shares of WELLS FARGO CO. 20,054 21,192
    9916 shares of WFA ABSOLUTE RETURN FUND-ADM 100,358 101,742
    1820 shares of WHITESTONE REIT 22,891 25,571
    4637 shares of WILLIAM BLAIR MACRO ALLOCATION N 51,407 52,489

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    US Government Securities - End of Year Book Value:

     
    US Government Securities - End of Year Fair Market Value:

     
    State & Local Government Securities - End of Year Book Value:


    3,239,701
    State & Local Government Securities - End of Year Fair Market Value:


    3,216,013


    TY 2012 InvestmentsOtherSchedule2
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DB COMMODITY INDEX TRACKING FUND   19,001 20,529
    General Mineral Interest   1 1

    TY 2012 OtherExpensesSchedule
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 45,500     45,500
    Bank Charges 305 305    
    K-1 Expenses DB COMMODITY INDEX TR FUND 175 175    
    State or Local Filing Fees 25     25


    TY 2012 OtherIncomeSchedule2
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    K-1 Income DB COMMODITY INDEX TRACKING FUND 13 13  
    Federal Tax Refund 1,620    


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 56,049 56,049    


    TY 2012 TaxesSchedule
    Name:
    Doctorbird Foundation
    EIN: 27-3900238
    Software ID:12000057
    Software Version:12.15.422.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Estimated Tax for 2012 13,600