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 07-01-2012 , and ending 06-30-2013
Name of foundation
RALPH HULL FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 1084   Room/suite
City or town, state, and ZIP code
CORVALLIS, OR97339
A Employer identification number

93-1247987
B Telephone number (see instructions)

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$19,926,821J 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 530,657 512,839  
4 Dividends and interest from securities...... 75,996 75,996  
5a Gross rents.............. 341,635 341,635  
b Net rental income or (loss) 174,691
6a Net gain or (loss) from sale of assets not on line 10 -271,642
b Gross sales price for all assets on line 6a 8,337,288
7 Capital gain net income (from Part IV, line 2)...  
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 8,499    
12 Total. Add lines 1 through 11........ 685,145 930,470  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 30,500 15,250   15,250
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 74,848 65,618   9,230
b Accounting fees (attach schedule)....... Click to see attachment 23,654 13,654   10,000
c Other professional fees (attach schedule).... Click to see attachment 32,173 26,173   6,000
17 Interest............... 25,831 25,831    
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,598 523   1,075
19 Depreciation (attach schedule) and depletion... Click to see attachment 133,732 115,973  
20 Occupancy.............. 9,997 4,998   4,999
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 89,328 67,776   21,552
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 421,661 335,796   68,106
25 Contributions, gifts, grants paid........ 1,038,643 1,038,643
26 Total expenses and disbursements. Add lines 24 and 25 1,460,304 335,796   1,106,749
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -775,159
b Net investment income (if negative, enter -0-) 594,674
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............... 273,920 952,901 952,901
2 Savings and temporary cash investments.......... 578,084 477,935 477,935
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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).................... 3,347,556 Click to see attachment2,350,652 2,350,652
7 Other notes and loans receivable (attach schedule) bullet4,855,169
Less: allowance for doubtful accounts bullet   5,104,669 Click to see attachment4,855,169 1,177,500
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule) 3,979,262 1,547,866 1,543,813
b Investments—corporate stock (attach schedule)........ 4,196,543 Click to see attachment3,227,711 3,296,384
c Investments—corporate bonds (attach schedule)........ 105,000 Click to see attachment2,093,250 2,072,090
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 150,638 Click to see attachment44,491 30,928
14 Land, buildings, and equipment: basis bullet7,233,072
Less: accumulated depreciation (attach schedule) bullet773,286 6,593,518 Click to see attachment6,459,786 6,867,525
15 Other assets (describe bullet) Click to see attachment922,680 Click to see attachment939,450 Click to see attachment1,157,093
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,251,870 22,949,211 19,926,821
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment1,777,500 Click to see attachment250,000
23 Total liabilities (add lines 17 through 22).......... 1,777,500 250,000
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 23,474,370 22,699,211
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    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 23,474,370 22,699,211
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 25,251,870 22,949,211
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 23,474,370
2 Enter amount from Part I, line 27a..................... 2 -775,159
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 22,699,211
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 22,699,211
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 (VARIOUS) P 2012-06-30 2013-06-30
b ROCKY MOUNTAIN STOCK P 2009-10-01 2012-08-31
c EXPIRED OPTION ON PROP P 2009-12-31 2012-07-01
d PRIOR YEAR GAIN CORRECTION P 2012-07-01 2012-06-30
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 8,256,341   7,608,930 647,411
b     1,000,000 -1,000,000
c 27,500     27,500
d 16,770     16,770
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       647,411
b       -1,000,000
c       27,500
d       16,770
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 -271,642
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 16,770
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 947,673 23,153,674 0.040930
2010 1,242,997 23,632,144 0.052598
2009 1,682,057 21,087,400 0.079766
2008 741,805 16,614,826 0.044647
2007      
2 Total of line 1, column (d) ...................... 2 0.217941
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 0.054485
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 17,599,623
5 Multiply line 4 by line 3....................... 5 958,915
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 5,947
7 Add lines 5 and 6......................... 7 964,862
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,106,749
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 5,947
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 5,947
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 5,947
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 8,000
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.............. 7 8,000
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 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 2,053
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet2,053 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)
    bulletOR
    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 addressbulletN/A
    14
    The books are in care ofbulletNANCY HULL Telephone no.bullet (541) 847-5711
    Located atbulletPO BOX 1084CORVALLISOR ZIP+4bullet97339
    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
     
     
    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
    NANCY HULLClick to see attachment TREASURER
    3.00     		4,000 0 0
    25383 HWY 99W
    MONROE,OR97456
    HERBERT R HULLClick to see attachment CHAIRMAN
    4.00     		4,500 0 0
    24649 PARK ROAD
    MONROE,OR97456
    TODD W NYSTROMClick to see attachment DIRECTOR
    2.00     		5,000 0 0
    25674 CHERRY CREEK ROAD
    MONROE,OR97456
    CON LYNCHClick to see attachment DIRECTOR
    2.00     		5,000 0 0
    PO BOX 741
    SALEM,OR97304
    DENNIS OLSONClick to see attachment DIRECTOR
    1.00     		2,000 0 0
    1006 PLATEAU DRIVE
    DUNCONVILLE,TX75116
    EDWARD PARKERClick to see attachment DIRECTOR
    1.00     		5,000 0 0
    27779 HELLS CANYON ROAD
    MONROE,OR97456
    NATHAN NYSTROMClick to see attachment DIRECTOR
    1.00     		5,000 0 0
    303 NW 31ST STREET
    CORVALLIS,OR97330
    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  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    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 N/A  
    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
    7,011,743
    b
    Average of monthly cash balances.......................
    1b
    1,778,623
    c
    Fair market value of all other assets (see instructions)................
    1c
    9,077,272
    d
    Total (add lines 1a, b, and c).........................
    1d
    17,867,638
    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
    17,867,638
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    268,015
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    17,599,623
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    879,981
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    879,981
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    5,947
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,947
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    874,034
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    874,034
    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
    874,034
    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
    1,106,749
    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
    1,106,749
    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
    5,947
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,100,802
    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 7 874,034
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2012:
    a From 2007.......  
    b From 2008.......  
    c From 2009....... 353,998
    d From 2010....... 85,576
    e From 2011.......  
    fTotal of lines 3a through e......... 439,574
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 1,106,749
    a Applied to 2011, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2012 distributable amount..... 874,034
    e Remaining amount distributed out of corpus 232,715
    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 5 672,289
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		672,289
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009.... 353,998
    c Excess from 2010.... 85,576
    d Excess from 2011....  
    e Excess from 2012.... 232,715
    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:
    NANCY HULL
    PO BOX 1084
    CORVALLIS,OR97339
    (541) 754-4944
    bThe form in which applications should be submitted and information and materials they should include:
    WRITTEN LETTER OF REQUEST
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    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
    BOYS AND GIRLS CLUB-ALBAN
    1215 HILL ST SE
    ALBANY,OR97321     		    FAMILY SUPPORT/ PREVENTION EFFORTS 95,000
    BOYS AND GIRLS CLUB-CORV
    1122 NW CIRCLE BLVD
    CORVALLIS,OR97330     		    SECURITY ACCESS/ WILLIAMS FIELD 10,790
    CENTRAL OREGON COMMUNITY COLLEGE
    2600 NW COLLEGE WAY
    BEND,OR97701     		    EDUCATION 1,500
    COASTAL RANGE FOOD BANK
    PO BOX 573
    BLODGETT,OR97326     		    FOOD BANK 500
    COMMUNITY OUTREACH INC
    865 NW REIMAN AVENUE
    CORVALLIS,OR97330     		    GENERAL FUND/ FOOD SHARE 25,000
    FAMILY BUILDING BLOCKS
    2425 LANCASTER DRIVE NE
    SALEM,OR97305     		    CHILD DEVELOPMENT 17,500
    FIRST BAPTIST CHURCH OF G
    224 W POWELL BLVD
    GRESHAM,OR97030     		    MEDICAL CARE 10,000
    FRIENDS OF CHILDREN
    44 NE MORRIS ST
    PORTLAND,OR97212     		    FUNDING CAMP FRIENDS PROGRAM 7,500
    GLODEV
    PO BOX 47228
    JACKSONVILLE,FL33247     		    SUSTAINABLE DEVELOPMENT MICRO FARM 15,000
    HABITAT FOR HUMANITY
    PO BOX 171
    JUNCTION CITY,OR97448     		    FUND YOUTH UNITED PROG 1,500
    HOOPLA ASSOCIATION
    PO BOX 127
    SALEM,OR973080127     		    GENERAL PROGRAMS 24,000
    JACKSON STREET YOUTH SHELTER INC
    555 NW JACKSON STREET
    CORVALLIS,OR97330     		    FOOD SHARE/SHELTER SUPPORT 25,000
    JUNCTION CITY LOCAL AID
    PO BOX 493
    JUNCTION CITY,OR97448     		    FOOD SHARE 5,000
    LANE COMMUNITY COLLEGE
    PO BOX 5000
    EUGENE,OR974050092     		    EDUCATION 1,500
    LATIN AMER INDIAN MINIST
    PO BOX 2050
    ORANGE,CA92859     		    CIIPDA PROGRAM 32,033
    LATIN AMER INDIAN MINIST
    PO BOX 2050
    ORANGE,CA92859     		    EDUCATION/ PROJECTS/ ADMIN FEES 43,910
    LATIN AMER INDIAN MINIST
    PO BOX 2050
    ORANGE,CA92859     		    MEDICAL PROG 42,000
    LINN BENTON COMMUNITY COLLEGE
    6500 PACIFIC BLVD SW
    ALBANY,OR97321     		    EDUCATION 1,500
    LINN COUNTY ANIMAL RESCUE
    PO BOX 2699
    LEBANON,OR97355     		    FACILITY IMPROVEMENTS 20,000
    LINN-BENTON FOOD SHARE
    545 SW 2ND STREET SUITE A
    CORVALLIS,OR97333     		    FOOD SHARE 10,000
    LOVE INC
    PO BOX 270
    CORVALLIS,OR97339     		    F.A.R.M. PROGRAM 10,000
    MARION POLK FOOD SHARE INC
    1600 SALEM INDUSTRIAL DR
    SALEM,OR97301     		    FOOD SHARE 10,000
    OREGON CASCADES WEST SENIOR SERVICE
    1400 QUEEN AVE SE
    ALBANY,OR97321     		    MEALS ON WHEELS 10,000
    OREGON INSTITUTE OF TECHNOLOGY
    3201 CAMPUS DRIVE
    KLAMATH FALLS,OR97601     		    EDUCATION 3,000
    OREGON STATE UNIVERSITY
    1500 SW JEFFERSON AVE
    CORVALLIS,OR97331     		    EDUCATION 1,500
    OSU FOUNDATION
    850 SW 35TH STREET
    CORVALLIS,OR97333     		    TRACK & FIELD FACILITY IMPROVEMENTS 30,000
    PACIFIC UNIVERSITY
    2043 COLLEGE WAY
    FOREST GROVE,OR97116     		    EDUCATION 1,500
    PEACE & HOPE PTNRSHP INT
    3400 PARK AVENUE SOUTH
    MINNEAPOLIS,MN55407     		    FUND REDUCE FAMILY VIOLENCE PROG 33,300
    PEACE & HOPE PTNRSHP INT
    3400 PARK AVENUE SOUTH
    MINNEAPOLIS,MN55407     		    TEXT BOOKS 38,650
    S BENTON NUTRITION PROG
    PO BOX 178
    MONROE,OR97456     		    NUTRITION PROGRAM 22,000
    SALEM KEIZER EDUCATION FOUNDATION
    841 SAGINAW STREET SE
    SALEM,OR97302     		    HS MENTOR PROGRAM 42,000
    SCIENCE MUSEUM OF MINNESOTA
    120 W KELLOGG BLVD
    ST PAUL,MN55102     		    FUND CELL LAB PROGRAM 10,000
    SOUTH BENTON COMMUNITY ENHANCEMENT
    25184 WEBSTER AVE
    MONROE,OR97456     		    ART IN PARK PROGRAM 2,500
    SOUTHSIDE YOUTH OUTREACH
    2065 SE DEBORD ST
    CORVALLIS,OR97333     		    SUMMER SCH/BOMB SQUAD/INTERNS/ACES 38,500
    SPECIAL OLYMPICS OREGON
    59001 SW MACADAM STE 200
    PORTLAND,OR97239     		    SUPPORT DEVELOPMENTALLY DISABLED 60,000
    ST VINCENT DE PAUL SOCIETY
    PO BOX 7864
    SALEM,OR973030187     		    FOOD SHARE 10,000
    ST VINCENT DE PAUL SOCIETY
    1045 NW 33RD STREET
    CORVALLIS,OR97330     		    FOOD SHARE 10,000
    STONE SOUP
    501 NW 25TH STREET
    CORVALLIS,OR97330     		    FOOD SHARE 10,000
    SU CAMINO INTERNATIONAL
    2549 E CARAMILLO ST
    COLORADO SPRINGS,CO80909     		    EDUCATION 79,200
    THE JANUS HOUSE
    606 SW 5TH STREET
    CORVALLIS,OR97333     		    EQUIPMENT PURCHASE 15,000
    TRILLIUM FAMILY SERVICES
    229 4TH AVENUE SE
    ALBANY,OR97321     		    FUNDING HOME FACILITY IMPROVEMENTS 50,000
    UNITED METHODIST CHURCH
    648 ORCHARD ST
    MONROE,OR97456     		    SOUTH BENTON FOOD BANK 22,000
    UNITED WAY OF BENTON
    PO BOX 2499
    CORVALLIS,OR97339     		    HUMAN SERVICES NEEDS OF BENTON CO. 60,000
    WILLAMETTE UNIVERSITY
    900 STATE STREET
    SALEM,OR97301     		    COMMUNITY SERVICE LEARNING PROJECTS 50,000
    WORLD OUTREACH MINISTRIES
    PO BOX B
    MARIETTA,GA30061     		    EDUCATION 20,760
    WYCLIFFE BIBLE TRANSLATOR
    PO BOX 628200
    ORLANDO,FL328628200     		    EDUCATION 9,500
    Total .................................bullet 3a 1,038,643
    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     14 530,657  
    4 Dividends and interest from securities....     14 75,996  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....     16 174,691  
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     14 -271,642  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFEDERAL REFUND     1 8,499  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   518,201  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13518,201
    (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:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION AND ACCOUNTING 23,654 13,654   10,000

    TY 2012 CompensationExplanation
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Person Name Explanation
    NANCY HULL  
    HERBERT R HULL  
    TODD W NYSTROM  
    CON LYNCH  
    DENNIS OLSON  
    EDWARD PARKER  
    NATHAN NYSTROM  

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    TY 2012 DepreciationSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LAND- KINGS BLVD 2005-11-15 527,380              
    BUILDING - KINGS BLVD 2005-11-15 1,048,446 176,981 S/L 39.0000 26,883 26,883    
    TENANT IMPROVEMENTS 2007-04-16 3,620 480 S/L 39.0000 92 92    
    HFH BUILDING 2008-02-14 604,420 68,765 S/L 39.0000 15,498 15,498    
    TENANT IMPROVEMENTS 2009-05-13 13,517 1,098 S/L 39.0000 346 346    
    TENANT IMPROVEMENTS 2009-05-25 10,786 853 S/L 39.0000 276 276    
    LAND 2008-02-14 100,000              
    LAND- PROF. WAY RENTAL 2005-10-15 255,762              
    BUILDING - PROF WAY RENTAL 2006-06-15 638,510 103,690 S/L 39.0000 16,372 16,372    
    GATE - PROF WAY RENTAL 2004-08-26 2,000 2,000 200DB 7.0000        
    3 COMPUTERS 2009-08-04 2,930 2,508 200DB 5.0000 169 169    
    LAND- WALLA WALLA 2010-02-16 1,024,366              
    BUILDING - WALLA WALLA 2010-02-16 2,079,774 126,653 S/L 39.0000 53,327 53,327    
    TENANT IMPROVEMENTS-HFH BLDG 2010-12-17 117,385 4,515 S/L 39.0000 3,010 3,010    
    OFFICE EQUIPMENT 1999-01-10 7,707 7,707 200DB 7.0000        
    COMPUTER 2000-07-12 2,609 2,609 200DB 5.0000        
    BUILDING 2004-09-03 661,632 132,185 S/L 39.0000 16,965      
    SIGNS 2005-01-18 1,048 1,048 200DB 7.0000        
    REFRIGERATOR & DISHWASHER 2004-07-29 753 753 200DB 7.0000        
    COPIER 2007-03-27 8,900 7,709 200DB 7.0000 794      
    LAND PROFESSIONAL WAY 2004-09-03 121,527              

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Name of Bond End of Year Book Value End of Year Fair Market Value
    BAIRD INVESTMENTS 2,093,250 2,072,090

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CITIZENS BANK STOCK 194,816 159,734
    MUTUAL FUNDS AT RAYMOND JAMES 2,051,712 2,069,710
    MUTUAL FUNDS AT UBS 434,155 417,521
    ROCKY MOUNTAIN PRODUCTS    
    STOCKS AT USB 547,028 649,419

    TY 2012 InvestmentsOtherSchedule2
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    OTHER INVESTMENTS AT COST 44,491 30,928

    TY 2012 LandEtcSchedule2
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDINGS AND EQUIPMENT 5,204,037 773,286 4,430,751 4,945,516
    LAND 2,029,035   2,029,035 1,922,009


    TY 2012 LegalFeesSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ATTORNEYS 74,848 65,618   9,230


    TY 2012 OtherAssetsSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TIMBER AND LAND 922,680 939,450 1,157,093


    TY 2012 OtherExpensesSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMMERCIAL REAL ESTATE        
    MANAGEMENT FEES 20,122 20,122    
    UTILTIES 7,106 7,106    
    REPAIRS 6,346 6,346    
    MISC 512 512    
    PROPERTY TAXES 16,885 16,885    
    EXPENSES        
    OFFICE EXPENSES 18,098     18,098
    BANK FEES        
    MISCELLANEOUS 2,093     2,093
    TRAVEL 2,716 1,355   1,361
    BOND AMORTIZATION 15,450 15,450    
    ROUNDING        


    TY 2012 OtherIncomeSchedule2
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL REFUND 8,499    


    TY 2012 OtherLiabilitiesSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Description Beginning of Year - Book Value End of Year - Book Value
    DEPOSIT FROM HABITAT FOR HUMANITY 250,000 250,000
    NYSTROM OPTION 27,500  
    CITIZEN'S BANK LINE OF CREDIT 1,500,000  


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    TY 2012 OtherNotesLoansRcvblLongSch
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987

    Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
    RTT CORPORATION NONE 200,000 244,844 2010-05 2011-01 LINE OF CREDIT 7.00 % AR, INVENTORY AND ASSETS OF CORP WORKING CAPITAL   25,000
    RTT CORPORATION NONE 1,136,967 4,610,325     SERIES OF SHORT TERM NOTES 7.00 % ASSETS OF CORP WORKING CAP. UNTIL LAWSUIT SETTLES   1,152,500

    TY 2012 OtherProfessionalFeesSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 28,173 24,173   4,000
    SECRETARY 4,000 2,000   2,000


    TY 2012 OtherReceivablesOfficersSch
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Travel Advance to Officers:  


    Item No. 1
    Borrower's Name HULL-OAKES LUMBER COMPANY SEC 12
    Borrower's Title  
    Original Amount of Loan 996904
    Balance Due  
    Date of Note 2002-03
    Maturity Date 2012-03
    Repayment Terms DUE AS TIMBER IS CUT
    Interest Rate 0.0548
    Security Provided by Borrower TIMBER & LAND
    Purpose of Loan INHERITED VIA TRUST ADMINISTRATION
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 2
    Borrower's Name NYSTROM LAND TIMBER LLC MARKS
    Borrower's Title  
    Original Amount of Loan 780000
    Balance Due 380000
    Date of Note 2008-05
    Maturity Date 2018-05
    Repayment Terms DUE AS TIMBER IS CUT
    Interest Rate 0.0489
    Security Provided by Borrower TIMBER & LAND
    Purpose of Loan INHERITED VIA TRUST ADMINISTRATION
    Description of Lender Consideration  
    Consideration FMV 380000

    Item No. 3
    Borrower's Name HULL-OAKES LUMBER COMPANY GALLAHER
    Borrower's Title  
    Original Amount of Loan 1460652
    Balance Due 1110652
    Date of Note 2003-12
    Maturity Date 2013-12
    Repayment Terms DUE AS TIMBER IS CUT
    Interest Rate 0.0355
    Security Provided by Borrower TIMBER & LAND
    Purpose of Loan INHERITED VIA TRUST ADMINISTRATION
    Description of Lender Consideration  
    Consideration FMV 1110652

    Item No. 4
    Borrower's Name NYSTROM LAND TIMBER LLC COOK
    Borrower's Title  
    Original Amount of Loan 860000
    Balance Due 860000
    Date of Note 2009-01
    Maturity Date 2018-12
    Repayment Terms DUE AS TIMBER IS CUT
    Interest Rate 0.0206
    Security Provided by Borrower TIMBER & LAND
    Purpose of Loan INHERITED VIA TRUST ADMINISTRATION
    Description of Lender Consideration  
    Consideration FMV 860000


    TY 2012 TaxesSchedule
    Name:
    RALPH HULL FOUNDATION
    EIN: 93-1247987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL INCOME TAXES        
    STATE INCOME TAXES 1,075     1,075
    PROPERTY TAXES ON INVESTMENT PRO 523 523