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
WILLIAM G & HELEN C HOFFMAN FDN
 

Number and street (or P.O. box number if mail is not delivered to street address)1525 W WT HARRIS BLVD D1114-044   Room/suite
City or town, state, and ZIP code
CHARLOTTE, NC28288
A Employer identification number

23-7981677
B Telephone number (see instructions)

(855) 739-2920
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$4,741,619J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 6 6  
4 Dividends and interest from securities...... 113,917 113,917  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 103,494
b Gross sales price for all assets on line 6a 459,083
7 Capital gain net income (from Part IV, line 2)... 103,494
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 837    
12 Total. Add lines 1 through 11........ 218,254 217,417  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 39,174 29,381   9,794
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 2,350 0 0 2,350
c Other professional fees (attach schedule).... Click to see attachment 23,671 23,671   0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 3,021 3,021   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 10 10    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 68,226 56,083 0 12,144
25 Contributions, gifts, grants paid........ 226,495 226,495
26 Total expenses and disbursements. Add lines 24 and 25 294,721 56,083 0 238,639
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -76,467
b Net investment income (if negative, enter -0-) 161,334
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets 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.......... 30,131 43,047 43,047
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 152,287 Click to see attachment152,287 184,275
b Investments—corporate stock (attach schedule)........ 2,796,515 Click to see attachment2,710,659 3,693,146
c Investments—corporate bonds (attach schedule)........ 754,501 Click to see attachment750,945 821,151
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)...........     0
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) 3,733,434 3,656,938 4,741,619
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......... 3,733,434 3,656,938
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,733,434 3,656,938
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,733,434 3,656,938
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 3,733,434
2 Enter amount from Part I, line 27a..................... 2 -76,467
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 3,656,967
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 29
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 3,656,938
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 459. APACHE CORP COM RTS EXP 01/31/2006   2008-05-20 2012-04-25
b 81. APACHE CORP COM RTS EXP 01/31/2006   2008-11-18 2012-05-07
c 144. APPLE COMPUTER INC COM   2009-03-19 2012-05-07
d 50. APPLE COMPUTER INC COM   2009-03-19 2012-10-03
e 324. BHP LIMITED SPONS ADR COM   2009-06-02 2012-05-07
50000. GOLDMAN SACHS GRP INC BD DTD 08/27/2002   2003-03-25 2012-09-01
121. MASTERCARD INC   2009-03-19 2012-05-07
1299. NOVARTIS AG SPONSORED ADR   2011-04-11 2012-04-25
50000. PITNEY BOWES INC 4.625% 10/01/12   2003-03-13 2012-06-30
180. PROCTER & GAMBLE CO COM   1987-02-09 2012-04-25
688. TOTAL FINA ELF S A SPONSORED ADR   2007-02-22 2012-01-12
(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 42,601   62,993 -20,392
b 7,104   6,220 884
c 81,858   14,626 67,232
d 33,301   4,959 28,342
e 23,101   19,574 3,527
50,000   52,373 -2,373
52,765   23,273 29,492
71,155   71,835 -680
50,559   51,498 -939
12,020   694 11,326
34,592   47,544 -12,952
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       -20,392
b       884
c       67,232
d       28,342
e       3,527
      -2,373
      29,492
      -680
      -939
      11,326
      -12,952
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 2 103,494
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 184,376 4,503,821 0.040938
2010 182,703 4,268,680 0.042801
2009 153,455 3,870,033 0.039652
2008 307,229 4,736,100 0.06487
2007 278,559 5,624,001 0.04953
2 Total of line 1, column (d) ...................... 2 0.237791
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.047558
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 4,600,595
5 Multiply line 4 by line 3....................... 5 218,795
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 1,613
7 Add lines 5 and 6......................... 7 220,408
8 Enter qualifying distributions from Part XII, line 4.............. 8 238,639
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2012)
Form 990-PF (2012)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 1,613
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 0
3 Add lines 1 and 2............................ 3 1,613
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,613
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 516
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 516
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 1,097
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 0
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)
    bulletNJ
    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 ofbulletWELLS FARGO BANK NA Telephone no.bullet (855) 739-2920
    Located atbullet1W 4TH ST 2ND FLOORWINSTON SALEMNC ZIP+4bullet271013818
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
    No
    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
    WELLS FARGO BANK NA TRUSTEE
    40     		39,174    
    1525 WEST WT HARRIS BLVD
    CHARLOTTE,NC282881114
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    4,616,418
    b
    Average of monthly cash balances.......................
    1b
    54,237
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    4,670,655
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    4,670,655
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    70,060
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    4,600,595
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    230,030
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    230,030
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    1,613
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,613
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    228,417
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    228,417
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    228,417
    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 ..........
    1a
    238,639
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    238,639
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    1,613
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    237,026
    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 7 228,417
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 33,229
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 0
    b From 2008....... 0
    c From 2009....... 0
    d From 2010....... 0
    e From 2011....... 0
    fTotal of lines 3a through e......... 0
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 238,639
    a Applied to 2011, but not more than line 2a 33,229
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 205,410
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2012. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		23,007
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2008.... 0
    b Excess from 2009.... 0
    c Excess from 2010.... 0
    d Excess from 2011.... 0
    e Excess from 2012.... 0
    Form 990-PF (2012)
    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).)
    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 or e-mail of the person to whom applications should be addressed:
    Wells Fargo Philanthropic Services
    1 West 4th Street
    WinstonSalem,NC27101
    (888) 234-1999
    grantadministration@wellsfargo.com
    bThe form in which applications should be submitted and information and materials they should include:
    Apply online at www.wellsfargo.com/privatefoundationgrants/hoffman
    cAny submission deadlines:
    January 15 and August 22
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    No georgaphic or program limitations. However, the foundation primarily supports organizations in New Jersey or New York that support help for the blind or medical research for the blind.
    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
    LIGHTHOUSE INTERNATIONAL
    111 EAST 59TH STREET
    NEW YORK,NY10022     		NONE PUBLIC EXEMPT YOUNG PEOPLE MUSIC 10,000
    COVENANT HOUSE NEW JERSEY INC
    330 WASHINGTON STREET
    NEWARK,NJ07102     		NONE PUBLIC EXEMPT HOMELESS YOUTH LITERACY 15,000
    NEW YORK UNIVERSITY
    ONE PARK AVENUE 17TH FLOOR
    NEW YORK,NY10016     		NONE PUBLIC EXEMPT STATE OF THE ART IMAGING 20,000
    NJ COMMISSION FOR THE BLIND
    & VISUALLY IMPAIRED
    153 HALSEY ST
    NEWARK,NJ07101     		NONE PUBLIC EXEMPT EYE HEALTH/BLINDNESS 12,000
    SOUTH JERSEY EYE CENTER
    400 CHAMBERS AVENUE
    CAMDEN,NJ08103     		NONE PUBLIC EXEMPT LOW VISION REHABILITATION 15,000
    SETON HALL UNIVERSITY
    400 S ORANGE AVE
    SOUTH ORANGE,NJ07079     		NONE PUBLIC EXEMPT PURCHASE BRAILLE EMOSSER 9,995
    NEW EYES FOR THE NEEDY
    509 MILLBURN AVENUE
    SHORT HILLS,NJ07078     		NONE PUBLIC EXEMPT NEW EYES FOR THE US 10,000
    NJ INSTITUTE OF TECHNOLOGY
    UNIVERSITY HEIGHTS
    NEWARK,NJ07102     		NONE PUBLIC EXEMPT TONOMETER IMPROVEMENTS 30,000
    ST JOSEPH SCHOOL FOR THE BLIND
    761 SUMMIT AVENUE
    JERSEY CITY,NJ073073831     		NONE PUBLIC EXEMPT CONCORDIA LEARNING 20,000
    ASSOCIATION FOR THE MULTIPLE IMPAIR
    BLIND INC
    909 CEDAR BRIDGE AVE LEONIAK PL 4
    BRICK,NJ08723     		NONE PUBLIC EXEMPT AMIB RENOVATION PROJECT 22,000
    ELECTRONIC INFORMATION & EDUCATION
    SERVICE OF NEW JERSEY
    59 SCOTLAND ROAD
    SOUTH ORANGE,NJ07079     		NONE PUBLIC EXEMPT AUDIO DESCRIPTION 5,000
    TRINITAS HEALTH FOUNDATION
    P O BOX 259
    ELIZABETH,NJ07207     		NONE PUBLIC EXEMPT THE TRINITAS SIGNAGE 22,000
    SAINT PHILIP'S ACADEMY NEWARK INC
    342 CENTRAL AVENUE
    NEWARK,NJ07103     		NONE PUBLIC EXEMPT STUDENT FINANCIAL AID 5,000
    MORRISTOWN MEMORIAL HEALTH FOUNDATI
    100 MADISON AVENUE
    MORRISTOWN,NJ079621956     		NONE PUBLIC EXEMPT RETINAL EXAM SIDE EFFECTS 10,000
    JEWISH RENAISSANCE MEDICAL CENTER
    275 HOBART STREET
    PERTH AMBOY,NJ08861     		NONE PUBLIC EXEMPT PROJECT BETTER SIGHT/BETTER 17,500
    SENIOR SERVICES OF THE CHATHAMS
    58 MEYERSVILLE ROAD
    CHATHAM,NJ07928     		NONE PUBLIC EXEMPT SENIOR TRANSPORTATION 3,000
    Total .................................bullet 3a 226,495
    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 6  
    4 Dividends and interest from securities....     14 113,917  
    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     18 103,494  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aEXCISE TAX REFUND     1 837  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   218,254  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13218,254
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE (NON-ALLOC 2,350     2,350

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Name of Bond End of Year Book Value End of Year Fair Market Value
    149123BQ3 CATERPILLAR INC 102,281 135,646
    263534BV0 E.I. DU PONT DE NEMO 17,943 18,998
    36962GZY3 GENERAL ELEC CAP COR 104,983 100,172
    38141GCG7 GOLDMAN SACHS GRP    
    459200GJ4 IBM CORPORATION 104,460 120,766
    656531AF7 NORSK HYDRO A S 110,318 123,120
    683234WQ7 ONTARIO (PROVINCE OF 101,645 108,260
    724479AF7 PITNEY BOWES 10/1/12    
    72766CAD8 PLATINUM UNDERWR 109,000 112,020
    36962G6F6 GENERAL ELEC CAP COR 100,315 102,169

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Name of Stock End of Year Book Value End of Year Fair Market Value
    023135106 AMAZON COM INC COM 43,604 121,672
    580135101 MCDONALDS CORP 41,493 67,833
    713448108 PEPSICO INC 41,020 55,223
    718172109 PHILIP MORRIS INTERN 114,124 241,301
    742718109 PROCTER & GAMBLE CO 2,748 48,406
    037411105 APACHE CORP 33,173 33,912
    30231G102 EXXON MOBIL CORPORAT 74,415 127,055
    637071101 NATIONAL OILWELL INC 33,210 96,579
    060505104 BANK OF AMERICA CORP    
    084670702 BERKSHIRE HATHAWAY I 83,526 94,185
    09247X101 BLACKROCK INC 86,911 87,438
    12572Q105 CME GROUP INC 163,036 81,832
    38141G104 GOLDMAN SACHS GROUP 89,125 84,700
    46625H100 JPMORGAN CHASE & CO 126,432 148,176
    151020104 CELGENE CORP COM 69,402 98,244
    478160104 JOHNSON & JOHNSON 34,128 46,687
    302130109 EXPEDITORS INTL WASH 34,066 71,190
    34354P105 FLOWSERVE CORP COM 74,618 144,745
    913017109 UNITED TECHNOLOGIES 27,141 31,656
    037833100 APPLE INC 34,739 194,775
    17275R102 CISCO SYSTEMS INC    
    192446102 COGNIZANT TECH SOLUT 30,764 58,884
    25659T107 DOLBY LABS INC    
    38259P508 GOOGLE INC 90,340 140,769
    428236103 HEWLETT PACKARD CO    
    57636Q104 MASTERCARD INC 81,383 266,765
    594918104 MICROSOFT CORP    
    61166W101 MONSANTO CO NEW 120,228 112,728
    H01301102 ALCON INC    
    088606108 BHP BILLITON LIMITED 28,092 36,465
    806857108 SCHLUMBERGER LTD 100,881 124,737
    881624209 TEVA PHARMACEUTICAL    
    89151E109 TOTAL S.A. ADR    
    74926P878 RBC ENTERPRISE #401    
    411511306 HARBOR INTERNATION F 355,430 418,890
    056752108 BAIDU INC ADR 54,807 50,145
    66987V109 NOVARTIS AG - ADR 48,056 55,008
    747525103 QUALCOMM INC 122,400 121,678
    09062X103 BIOGEN IDEC INC 70,112 101,581
    74926P803 RBC ENTERPRISE FUND- 401,255 329,887

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    US Government Securities - End of Year Book Value:

    152,287
    US Government Securities - End of Year Fair Market Value:

    184,275
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2012 OtherDecreasesSchedule
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Description Amount
    ROUNDING 3
    ACCD INT POSTED PRIOR YR 26


    TY 2012 OtherExpensesSchedule
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADR FEES 10 10   0


    TY 2012 OtherIncomeSchedule2
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    12/11 EXCISE TAX REFUND 837 0  


    TY 2012 OtherProfessionalFeesSchedule
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEE MUNDER CAPITAL - ADVISOR F 23,671 23,671    


    TY 2012 TaxesSchedule
    Name:
    WILLIAM G & HELEN C HOFFMAN FDN
    EIN: 23-7981677
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 2,011 2,011   0
    FOREIGN TAXES ON QUALIFIED FOR 228 228   0
    FOREIGN TAXES ON NONQUALIFIED 782 782   0