Form990-PF
Click to see list of attachments

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 12-01-2012 , and ending 11-30-2013
Name of foundation
The Colen Foundation Inc
 

Number and street (or P.O. box number if mail is not delivered to street address)8447 SW 99th St Rd   Room/suite
City or town, state, and ZIP code
Ocala, FL34481
A Employer identification number

59-2474711
B Telephone number (see instructions)

(352) 873-0848
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$9,066,987J 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 17 17  
4 Dividends and interest from securities...... 181,890 181,890  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 291,888
b Gross sales price for all assets on line 6a 4,414,127
7 Capital gain net income (from Part IV, line 2)... 291,888
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 473,795 473,795  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 36,000 3,600   32,400
b Accounting fees (attach schedule)....... Click to see attachment 5,600 560   5,040
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,963 62   101
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 10,091 9,088   1,003
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 53,654 13,310   38,544
25 Contributions, gifts, grants paid........ 504,813 504,813
26 Total expenses and disbursements. Add lines 24 and 25 558,467 13,310   543,357
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -84,672
b Net investment income (if negative, enter -0-) 460,485
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 47,908 6,534 6,534
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)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges........... 745    
10a Investments—U.S. and state government obligations (attach schedule) 1,453,305 Click to see attachment215,325 219,407
b Investments—corporate stock (attach schedule)........ 4,187,127 Click to see attachment5,179,880 6,239,414
c Investments—corporate bonds (attach schedule)........ 1,126,111 Click to see attachment1,300,093 1,261,431
11 Investments—land, buildings, and equipment: basis bullet60,018
Less: accumulated depreciation (attach schedule) bullet   73,188 Click to see attachment60,018 74,188
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,056,282 Click to see attachment1,080,548 1,265,873
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)   Click to see attachment140 Click to see attachment140
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,944,666 7,842,538 9,066,987
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 attachment17,456  
23 Total liabilities (add lines 17 through 22).......... 17,456 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 7,927,210 7,842,538
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).................... 7,927,210 7,842,538
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 7,944,666 7,842,538
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 7,927,210
2 Enter amount from Part I, line 27a..................... 2 -84,672
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 7,842,538
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 7,842,538
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        
b Capital Gain Dividends      
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a       99,453
b        
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a        
b        
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 291,888
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 -8,682
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 538,182 7,876,448 0.06833
2010 503,903 8,511,081 0.05921
2009 476,002 8,155,265 0.05837
2008 432,588 7,413,090 0.05836
2007 540,095 9,728,338 0.05552
2 Total of line 1, column (d) ...................... 2 0.29977
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 0.05996
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 8,210,868
5 Multiply line 4 by line 3....................... 5 492,283
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 4,605
7 Add lines 5 and 6......................... 7 496,888
8 Enter qualifying distributions from Part XII, line 4.............. 8 546,849
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 4,605
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 4,605
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 4,605
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,800
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 1,800
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 2,805
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
Yes
 
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
 
No
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)
    bulletFL
    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 ofbulletBarbara Ortiz Telephone no.bullet (352) 873-0848
    Located atbullet8447 SW 99th St RdOcalaFL ZIP+4bullet34481
    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
     
    No
    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
     
    No
    .........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
     
    No
    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
    Barbara Ortiz Asst Sec
    4.00     		0    
    8447 SW 99th Street Rd
    Ocala,FL34481
    Leslee R Colen Asst Sec/Dir
    0.00     		0    
    5702 SUWANEE AVENUE
    TAMPA,FL33604
    Gerald R Colen Treas/Sec/Dir
    0.00     		0    
    7569 Aralia Way
    Largo,FL33777
    Robert Colen Asst Sec/Dir
    0.00     		0    
    8447 SW 99th Street Rd
    Ocala,FL34481
    Kenneth D Colen Vice Pres/Dir
    3.00     		0    
    8447 SW 99th Street Rd
    Ocala,FL34481
    Ina A Colen President/Dir
    2.00     		0    
    2291 World Parkway Blvd West
    Clearwater,FL33763
    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 PAYMENTS TO SUPPORT AND ASSIST AGED INDIVIDUALS IN MAINTAINING THEIR 793
    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 The Foundation purchased the remainder interest in 9870-B S.W. 85th Terrace Road, Ocala, FL intended to provide the aged owners of the retained life estate with funds needed to maintain their home environment. Additional amounts paid in excess of the computed annuity over the sellers' life, and for the purposes described above, are treated by the Foundation as qualifying distributions made directly for the active conduct of activities constituting its charitable purpose. See Reg section 53.4942(b) - 1(b). During the Foundation's fiscal year ended November 30, 2013, $4,285 of direct aid has been paid to, or on behalf of, the seller of the remainder interest. $793 of which represents amounts paid directly for the conduct of activities constituting the charitable exempt purpose. Individual dies during the fiscal year ended November 30, 2013. 3,492
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet3,492
    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
    8,509,322
    b
    Average of monthly cash balances.......................
    1b
    51,546
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,560,868
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,560,868
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    350,000
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,210,868
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    410,543
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    410,543
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    4,605
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    4,605
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    405,938
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    405,938
    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
    405,938
    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
    543,357
    b
    Program-related investments—total from Part IX-B..................
    1b
    3,492
    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
    546,849
    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
    4,605
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    542,244
    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 7 405,938
    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.......  
    d From 2010....... 65,775
    e From 2011....... 147,898
    fTotal of lines 3a through e......... 213,673
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 546,849
    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).........     		0
    d Applied to 2012 distributable amount..... 405,938
    e Remaining amount distributed out of corpus 140,911
    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 5 354,584
    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 ......     		354,584
    10 Analysis of line 9:
    a Excess from 2008....  
    b Excess from 2009....  
    c Excess from 2010.... 65,775
    d Excess from 2011.... 147,898
    e Excess from 2012.... 140,911
    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:
    Kenneth D Colen
    8447 SW 99th St Rd
    Ocala,FL34481
    (352) 854-0805
    bThe form in which applications should be submitted and information and materials they should include:
    The Foundation has an "Application for Grant" form to be completed by all 501(C)(3) applicants. A copy of the application is attached. In addition, the Foundation, through its Board of Directors, has established certain procedures to be followed in evaluating potential beneficiaries of its remainder interest program.The Board of Directors of The Colen Foundation, Inc. evaluates potential beneficiaries prior to approval of their participation in its rental or remainder interest program. The procedures set forth below are to be followed in evaluating each beneficiary:1. Advise the senior citizen to seek independent legal counsel and independent financial advice.2. Determine that the senior citizen has no more than a moderate income or low income that provides insufficient cash for daily living expenses.3. Determine that the market value of the senior citizen's home is in a moderate price range (in the case of the remainder interest program).4. Consult with the senior citizen's relatives
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Foundation makes grants to qualified charities and provides assistance to the charitable class of the aged to enable members of the class to maintain a modest standard of living in their communities during their declining years.
    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
    Florida's Voice on Developmental Di
    PO Box 24531
    Ft Lauderdale,FL33307     		N/A 501(c)(3) Charitable Contribution 7,500
    Uniform for Reform Judaism URJ
    1580 Spalding Drive
    Atlanta,GA30350     		N/A 501(c)(3) Charitable Contribution 10,000
    TEMPLE BETH DAVID JEWISH CENTER INC
    12158 Antelope
    Spring Hill,FL34609     		N/A 501(c)(3) Charitable Contribution 1,000
    Tampa Bay History Center Inc
    801 Old Water Street
    Tampa,FL33602     		N/A 501(c)(3) Charitable Contribution 15,000
    Kid Power Inc
    755 8th St NW
    Washington,DC20001     		N/A 501(c)(3) Charitable Contribution 2,000
    Marion County Public Schools
    365 Marion Oaks Drive
    Ocala,FL34473     		N/A 501(c)(3) Charitable Contribution 2,500
    CBS Charitable Foundation Inc
    620 Drew Street
    Clearwater,FL33755     		N/A 501(c)(3) Charitable Contribution 50,000
    Faith and Action for Strength Toget
    1676 S Belcher Road
    Clearwater,FL33764     		N/A 501(c)(3) Charitable Contribution 5,000
    American Society for Yad Vashem
    500 Fifth Ave 42nd Floor
    New York,NY10110     		N/A 501(c)(3) Charitable Contribution 1,000
    PACE Center for Girls of Marion Cou
    1601 NE 25th Avenue Suite 302
    Ocala,FL34470     		N/A 501(c)(2) Charitable Contribution 2,500
    National Disaster Search Dog Founda
    501 East Ojai Avenue
    Ojai,CA93023     		N/A 501(c)3 Charitable Contribution 2,500
    College of Central Florida Foundati
    4333 E Silver Springs Blvd
    Ocala,FL34470     		N/A 501(c)3 Charitable Contribution 5,000
    PARC ENDOWMENT FUND
    3190 TYRONE BLVD N
    ST PETERBURG,FL33710     		N/A 501(c)3 Charitable Contribution 2,000
    The University of Florida Foundatio
    PO Box 117300
    Gainsville,FL32611     		N/A 501(c)3 Charitable Contribution 6,000
    Gainesville Hillel Inc
    2020 W University Avenue
    Gainsville,FL32603     		N/A 501(c)3 Charitable Contribution 10,000
    Florida Inst for Human Machine Cognition
    15 SE Osceola Avenue
    Ocala,FL34471     		N/A 501(c)3 Charitable Contribution 2,500
    Boys & Girls Club of Marion County Inc
    800 SW 12th Ave
    Ocala,FL34471     		N/A 501(c)3 Charitable Contribution 10,000
    Ocala Autism Support Network Inc
    PO Box 771104
    Ocala,FL34477     		N/A 501(c)3 Charitable Contribution 10,520
    The VOICExperience Foundation
    PO Box 1576
    Palm Harbor,FL34682     		N/A 501(c)3 Charitable Contribution 10,000
    Hillels of the Florida Suncoast
    13102 N 50th Street
    Tampa,FL33617     		N/A 501(c)3 Charitable Contribution 5,000
    Ctr for Creative ChangeMoment Magazine
    4115 Wisconsin Ave NW-Suite LL10
    Washington,DC20016     		N/A 501(c)3 Charitable Contribution 20,000
    Catholic Charities Bureau Inc
    134 East Church Street
    Jacksonville,FL32202     		N/A 501(c)3 Charitable Contribution 5,000
    Temple Beth Shalom
    1109 NE 8TH Avenue
    Ocala,FL34470     		N/A 501(c)3 Charitable Contribution 35,000
    The Perlman Music Program Suncoast Inc
    PO Box 3407
    Sarasota,FL34230     		N/A 501(c)3 Charitable Contribution 10,000
    Congregation Bnai Israel of St Pete
    300 58th Street North
    St Petersburg,FL33710     		N/A 501(c)3 Charitable Contribution 25,000
    Israel Guide Dog Center for the Blind
    968 easton Rd Ste H
    Warrington,PA18976     		N/A 501(c)3 Charitable Contribution 1,000
    New Israel Fund
    330 Seventh Avenue 11th Floor
    New York,NY10014     		N/A 501(c)3 Charitable Contribution 25,000
    The Jewish Federations of N America Inc
    25 Broadway Ste 1700
    New York,NY10004     		N/A 501(c)3 Charitable Contribution 10,000
    Tampa Bay Preforming Arts Center Inc
    PO Box 518
    Tampa,FL33601     		N/A 501(c)3 Charitable Contribution 25,000
    Jewish Theological Seminary
    3080 Broadway
    New York,NY10027     		N/A 501(c)3 Charitable Contribution 5,000
    Florida Orchestra Inc
    244 Second Ave N Suite 420
    St Petersburg,FL33701     		N/A 501(c)3 Charitable Contribution 10,000
    Canine Companions for Independence
    PO Box 680388
    Orlando,FL32868     		N/A 501(c)3 Charitable Contribution 1,000
    American Jewish University
    15600 Mulholland Dr
    BelAir,CA90077     		N/A 501(c)3 Charitable Contribution 1,000
    WUSF Public Broadcasting-Radio
    4202 East Fowler Ave WRB 219
    Tampa,FL33620     		N/A 501(c)3 Charitable Contribution 2,000
    WUSF Public Broadcasting-TV
    4202 East Fowler Ave TVB100
    Tampa,FL33620     		N/A 501(c)3 Charitable Contribution 2,000
    Horiticultural Arts & Park Inst Inc
    8447 SW 99TH ST
    Ocala,FL34481     		N/A 501(c)3 Charitable Contribution 150,000
    Friends of Yad Lakashish
    PO Box 494
    Englewood,NJ07631     		N/A 501(c)3 Charitable Contribution 3,000
    WEDU
    1300 North Boulevard
    Tampa,FL33607     		N/A 501(c)3 Charitable Contribution 1,000
    UPARC Foundation
    1501 N Blecher Rd Ste 244
    Clearwater,FL33765     		N/A 501(c)3 Charitable Contribution 1,000
    Memorial Sloan-Kettering Cancer Inst
    1275 York Avenue
    New York,NY10065     		N/A 501(c)3 Charitable Contribution 1,000
    Marion Tumberello
    9870-B SW 85th Terrace Rd
    Ocala,FL34481     		Unrelated n/a SUPPORT AND ASSIST AGED INDIVIDUALS 793
    Ocala Symphony Orchestra
    416 SE Fort King Street
    OCALA,FL34471     		N/A 501(c)3 Charitable Contribution 10,000
    US HOLOCAUST MUSEUM
    100 Rauol Wallenberg Place SW
    WASHINGTON,DC20024     		N/A 501(c)3 Charitable Contribution 1,000
    Total .................................bullet 3a 504,813
    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 17  
    4 Dividends and interest from securities....     14 181,890  
    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     18 291,888  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   473,795  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13473,795
    (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: 12000229
    Software Version: 2012v2.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2012 AccountingFeesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting Fees 5,600 560 0 5,040

    TY 2012 CashDeemedCharitableExplnStmt
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Explanation:
    The Colen Foundation ("Foundation") submits for the reasons set forth below that cash balances greater than an amount equal to 1-1/2% of its assets of the type described in Treasury Regulation section 53.4942(a)-2(c)(3)(i) are necessary for payment of its anticipated expenses and charitable disbursements, within the meaning of Treasury Regulation section 53 .4942(a)-2(c)(3)(iv).During the past five tax years, the Foundation has distributed a total of $2,509,777 for an average of in excess of approximately $501,950 per year in qualifying charitable distributions, as follows:Tax Year Ended Distributions:11/30/13 $546,84911/30/12 $539,95111/30/11 $505,54911/30/10 $480,15311/30/09 $437,275The Foundation anticipates making qualifying distributions of at least $350,000 during the fiscal year ending November 30, 2014, and requires the cash deemed held for charitable purposes at its November 30, 2013 year end to accomplish this purpose.The officers and directors of the Foundation are not compe

    TY 2012 GeneralExplanationAttachment
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Identifier Return Reference Explanation
        The Colen Foundation, Inc.59-2474711Form 990-PF, November 30, 2013Part VIII, Line 1 - List of Officers, Directors, Trustees and Key EmployeesSupplemental Information to Statement 12The following officers/directors average less than 25 hours/year and as such have an average weekly number of hours less than .5 and are thus rounded down to none:Robert Colen - Average annual hours: 15Gerald R Colen - Average Annual Hours: 25Leslee R Colen - Average Annual Hours: 15

    TY 2012 InvestmentsCorpBondsSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Name of Bond End of Year Book Value End of Year Fair Market Value
    FLORIDA ST HURRICANE CATASTROPHE 25,000 23,852
    UNIV OF CALIFORNIA CA REVENUES 15,000 14,621
    JP MORGAN CHASE & CO 19,892 18,594
    GENERAL ELEC CAP CORP 16,712 16,691
    ADOBE SYSTEMS INC 16,727 16,280
    DR PEPPER SNAPPLE GROUP 15,180 15,153
    BOSTON PROPERTIES LP 15,792 15,973
    SOCIETE GENERALE 9,997 10,165
    EMC CORP 29,995 29,971
    GLAXOSMITHKLINE CAP INC 33,344 34,919
    CONARGA FOODS INC 34,845 34,810
    INTEL CORP 24,994 24,964
    CITIGROUP INC 32,470 40,741
    MCDONALD'S CORP 10,832 11,642
    A.B.B. FINANCE USA INC 15,225 15,074
    BANK OF AMERICA CORP 27,588 33,234
    THE KROGER CO 10,274 10,201
    AMGEN INC 36,365 36,342
    COCA-COLA CO/THE 9,989 10,008
    ABBVIE INC 15,091 15,141
    DISCOVERY COMMUNICATIONS 20,940 20,874
    ROYAL BANK SCOTLAND GRP 2.55% 9/18/15 14,991 15,366
    ROYAL BANK OF CANADA 1.2% 9/19/2017 9,999 10,002
    RABOBANK NEDERLAND 3.375% 1/19/17 16,119 15,958
    NYSE EURONEXT 2% 10/5/17 14,974 15,134
    NBC UNIVERSAL MEDIA 4.375% 4/1/2021 38,633 37,568
    GOLDMAN SACHS GROUP IN 3.3% 5/3/15 36,953 36,916
    DIAGEO CAPITAL PLC 1.5% 5/11/17 15,026 15,092
    Anheuser-Bush INBEV 1.375% 7/15/2017 9,971 10,031
    Dow Chemical Co 4.25% 11/9/10 15,359 16,070
    Hydro-Quebec 2% 6/30/16 9,998 10,324
    Wal-Mart Stores Inc 2.8% 4/15/2016 27,393 26,480
    BP CAPITAL MARKETS PLC 3.2% 3/11/16 19,982 21,095
    Thermo Fisher Scientific 3.2% 3/1/2016 20,354 20,885
    Petrobras Intl Fin Co 3.875% 1/27/11 14,994 15,504
    American Intl Group 4.25% 9/15/14 34,990 34,635
    Bbva US Senior SA UNI 3.25% 5/16/14 14,923 15,133
    Wachovia Corp 5.25% 8/1/2014 21,662 20,611
    Time Warner Inc 4% 1/15/22 15,833 15,248
    Time Warner Cable Inc 4.125% 2/15/21 19,874 18,904
    TD Ameritrade Holding Corp 9,980 10,349
    Simon Property Group 4.2% 14,967 15,491
    KRAFT FOODS INC 4.125 2/9/2016 36,345 37,273
    Johnson Controls Inc Dtd 1/15/2016 16,445 16,414
    American Express 2.75 % 9/15/15 14,912 15,554
    VERIZON COMMUNICATIONS 5.5% 2/15/2018 37,638 37,583
    UNITED TECHNOLOGIES 6.12 2/1/09 5,696 5,996
    ROGERS WIRELESS INC 3/1/2014 15,818 15,212
    PRUDENTIAL FINL INC 20,190 21,402
    PRIVATE EXPORT FUNDING DTD 2/26/09 4.375 9,948 11,226
    PFIZER INC 6.2% 3/15/2019 14,985 18,027
    ORACLE CORP 5.75% 4/15/18 33,004 35,065
    ONTARIO PROVINCE OF 4.0 10/7/2019 24,957 27,532
    MORGAN STANLEY GLOBAL 4.75% 4/1/2014 41,092 41,087
    METLIFE INC 6.75% 6/1/2016 9,976 11,426
    CATERPILLAR FINANCIAL SE 2/17/2014 14,927 15,184
    AT&T INC 4.45% 5/15/2021 36,216 36,739
    ASTRAZENECA PLC 5.9% 9/15/2017 15,813 17,430
    Lehman Brothers Holdings 12/28/37 47,163 21,125
    LEHMAN BROTHERS HOLDINGS 3/27/37 24,370 10,985
    LEHMAN BROTHERS HOLDINGS 2/13/37 47,371 20,125

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VIRTUS EMERGING MARKETS OPPORTUNITY 240,100 246,009
    DFA EMERGING MARKETS CORE EQUITY FUNDS 240,900 249,602
    DREYFUS LARGE CAP EQUITY FUND 1,547,000 1,751,624
    YAHOO INC 11,359 18,120
    SHIRE PLC 16,946 23,088
    PHILIP MORRIS INTERNATIONAL INC 14,876 14,542
    NATIONAL OILWELL VARCO INC. 14,457 17,115
    JOHNSON CONTROLS INC 9,354 25,760
    INTERCONTINENTALEXCHANGE GROUP, INC. 19,484 22,182
    HARLEY DAVIDSON INC 19,551 20,776
    GOOGLE INC 18,621 23,311
    BRISTOL-MYERS SQUIBB COMPANY 11,351 12,331
    APPLE INC 19,328 18,906
    AMGEN INC 8,421 8,214
    ADOBE SYSTEMS INC 9,158 13,059
    AVAGO TECHNOLOGIES 6,935 7,157
    WELLS FARGO & COMPANY 15,428 23,331
    TEVA PHARMACEUTICAL INDS 17,647 17,934
    SOUTHWESTERN ENERGY CO 15,274 16,624
    THE PROCTER & GAMBLE CO 16,527 21,055
    PEPSICO INC 18,238 22,804
    METLIFE INC 17,258 27,400
    LOWE'S COMPANIES INC 12,029 21,366
    MARATHON OIL CORP 11,919 14,776
    APPLE INC 14,830 14,607
    WALGREENS CO 1.80% 9/15/2017 25,045 25,130
    HSBC FINANCE CORP 6.676% 1/15/2021 40,674 40,745
    GRUPO TELEVISA SAB 17,465 16,915
    FORD MOTOR CREDIT CO 3% 6/12/2017 36,056 36,589
    BNY Mellon Mid Cap Stock Fund 532,600 682,601
    John Deere Capital Co 9,987 10,085
    Strategic International Stock Fund 174,373 203,443
    BNY Mellon Income Stock Fund 985,800 1,414,151
    Valero Energy Corp New 10,619 17,374
    Las Vegas Sands Corp 11,105 18,995
    Dover Corp 16,869 22,685
    Salesforce.com 9,385 19,794
    Halliburton Co 8,255 15,277
    BNY MELLON MONEY MARKET FUND 167,299 167,299
    Dreyfus/Newton International Equity 87,140 102,469
    Celanese Corp Ser A 11,545 17,962
    BNY Mellon International Fund CL M 182,202 212,636
    Baxter International Inc 12,772 19,851
    INVESCO LTD 9,745 21,607
    CATERPILLAR INC 13,045 20,304
    BNY MELLON EMERGING MARKETS FD CL M 470,908 501,809

    TY 2012 InvestmentsGovtObligationsSch
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    US Government Securities - End of Year Book Value:

    150,198
    US Government Securities - End of Year Fair Market Value:

    150,941
    State & Local Government Securities - End of Year Book Value:


    65,127
    State & Local Government Securities - End of Year Fair Market Value:


    68,466


    TY 2012 InvestmentsLandSchedule2
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Land       1,000
    Buildings 60,018   60,018 73,188

    TY 2012 InvestmentsOtherSchedule2
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ASG MANAGED FUTURES STRATEGY FUND AT COST 65,900 67,893
    ADVANTAGE GLOBAL ALPHA FUND AT COST 64,300 67,554
    EATON CORP PLC AT COST 18,079 25,431
    DREYFUS SELECT MGERE S/C VL1 AT COST 246,800 346,158
    DREYFUS SELECT MGER S/C GR-1 AT COST 76,600 123,141
    DREYFUS EMERGING MKT DEBT LOC C-1 AT COST 80,200 81,367
    TCW Emerging Markets Income fUnd AT COST 120,600 123,241
    Dreyfus Global Real Estate Securities AT COST 163,469 183,050
    Dreyfus High Yield Fund AT COST 244,600 248,038

    TY 2012 LegalFeesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Legal Fees 36,000 3,600 0 32,400


    TY 2012 OtherAssetsSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Deposit   140 140


    TY 2012 OtherExpensesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office Supplies 30     30
    Investment Fees 9,088 9,088    
    Insurance 912     912
    Annual State Filing Fee 61     61


    TY 2012 TaxesSchedule
    Name:
    The Colen Foundation Inc
    EIN: 59-2474711
    Software ID:12000229
    Software Version:2012v2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Real Estate Taxes 101     101
    Foreign Taxes Paid 62 62    
    Excise tax 1,800