TY 2012 Form 990PF

- TIN:

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 12-01-2012 , and ending 11-30-2013

Name of foundation
CONELY FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 131053 Room/suite

City or town, state, and ZIP code
HOUSTON, TX772191053

A Employer identification number

27-1555970

B Telephone number (see instructions)

(713) 409-5005

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85% test,
check here and attach computation ........... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$986,560J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

E If private foundation status was terminated
under section 507(b)(1)(A), check here ......... bullet

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ......... bullet

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	16,282		16,279
5a	Gross rents..............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-10,092
b	Gross sales price for all assets on line 6a 428,457
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).......		304	304
12	Total. Add lines 1 through 11........	6,494		16,583
13	Compensation of officers, directors, trustees, etc.
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........		1,557	778	779
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)		292	146	146
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	219		110	109
22	Printing and publications..........
23	Other expenses (attach schedule).......		8,306	4,153	4,153
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	10,374		5,187	5,187
25	Contributions, gifts, grants paid........	69,992			69,992
26	Total expenses and disbursements. Add lines 24 and 25	80,366		5,187	75,179
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-73,872
b	Net investment income (if negative, enter -0-)			11,396
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	30,344	25,173	25,173
	2	Savings and temporary cash investments..........
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use...............
	9	Prepaid expenses and deferred charges...........
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule)........	574,592	537,027	678,112
	c	Investments—corporate bonds (attach schedule)........	100,239	100,178	99,332
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	204,006	172,177	183,943
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	909,181	834,555	986,560
	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 )
	23	Total liabilities (add lines 17 through 22)..........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted....................
	25	Temporarily restricted................
	26	Permanently restricted................
		Foundations that do not follow SFAS 117, check here
		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	909,181	834,555
	30	Total net assets or fund balances (see page 17 of the
		instructions)....................	909,181	834,555
	31	Total liabilities and net assets/fund balances (see page 17 of
		the instructions)..................	909,181	834,555

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	909,181
2	Enter amount from Part I, line 27a.....................	2	-73,872
3	Other increases not included in line 2 (itemize)	3	3
4	Add lines 1, 2, and 3..........................	4	835,312
5	Decreases not included in line 2 (itemize)	5	757
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	834,555

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	43-COMPANHIA DE BEBIDAS-PRF ADR	P	2012-02-16	2012-12-11
b	10-NATIONAL OILWELL INC COM	P	2012-02-16	2012-12-20
c	10-COGNIZANT TECH SOLUTIONS CRP COM	P	2012-02-16	2012-12-20
d	20-VANGUARD REIT VIPER	P	2010-07-12	2012-12-20
e	108-TRIMBLE NAV LTD	P	2013-03-27	2013-07-30
	340-ISHARES INC MSCI PACIFIC EX-JAPA	P	2012-02-16	2013-06-05
	33-ENSCO PLC-CL A	P	2012-03-30	2013-08-28
	660.98-CREDIT SUISSE COMM RT ST-CO 2	P	2011-01-12	2013-07-24
	232.13-CREDIT SUISSE COMM RT ST-CO 2	P	2011-03-10	2013-10-17
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-08-31
	32-DIAGEO PLC - ADR	P	2012-02-16	2012-12-11
	10-SCHLUMBERGER LTD	P	2012-01-18	2012-12-20
	10-ORACLE CORPORATION	P	2012-02-16	2012-12-20
	960-ISHARES GOLD TRUST	P	2012-01-02	2012-12-31
	3-INTUITIVE SURGICAL INC	P	2012-10-01	2013-09-23
	620-ISHARES INC MSCI PACIFIC EX-JAPA	P	2012-03-01	2013-06-05
	45-ENSCO PLC-CL A	P	2012-08-15	2013-08-28
	902.33-CREDIT SUISSE COMM RT ST-CO 2	P	2011-03-10	2013-07-24
	1888.02-CREDIT SUISSE COMM RT ST-CO	P	2011-07-08	2013-10-17
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-09-30
	20-PRAXAIR INC COM	P	2012-02-16	2012-12-11
	60-AMEX FINANCIAL SELECT SPDR	P	2012-02-16	2012-12-20
	10-QUALCOMM INC	P	2012-02-16	2012-12-20
	25-UNIVERSAL HEALTH SVCS INC CL B	P	2012-02-16	2013-01-18
	11-RALPH LAUREN CORP	P	2012-12-26	2013-09-23
	32-CEF ISHARES S&P SMALL CAP 600 GRO	P	2012-03-01	2013-06-05
	25-ENSCO PLC-CL A	P	2012-03-01	2013-08-28
	446.41-DIAMOND HILL LONG-SHORT FD CL	P	2011-07-08	2013-09-06
	627.56-CREDIT SUISSE COMM RT ST-CO 2	P	2011-08-11	2013-10-17
	25-PRAXAIR INC COM	P	2012-03-01	2012-12-11
	10-JPMORGAN CHASE & CO	P	2012-02-16	2012-12-20
	10-RACKSPACE HOSTING INC	P	2012-05-03	2012-12-20
	35-UNIVERSAL HEALTH SVCS INC CL B	P	2012-03-01	2013-01-18
	32-TERADATA CORP	P	2012-12-11	2013-10-17
	22-COMPANHIA DE BEBIDAS-PRF ADR	P	2012-02-16	2013-06-05
	7-ENSCO PLC-CL A	P	2012-02-29	2013-08-28
	547.62-DIAMOND HILL LONG-SHORT FD CL	P	2011-03-10	2013-09-06
	192.58-DREYFUS EMG MKT DEBT LOC C-I	P	2011-03-10	2013-11-25
	105-ISHARES S&P LATIN AMERICA 40	P	2012-02-16	2012-12-11
	50-CEF ISHARES S&P SMALL CAP 600 GRO	P	2012-02-16	2012-12-20
	10-ECOLAB INC	P	2012-02-16	2012-12-20
	37-RACKSPACE HOSTING INC	P	2012-05-03	2013-02-08
	41-TERADATA CORP	P	2012-12-11	2013-10-17
	100-ISHARES TR MSCI EMERGING MARKETS	P	2012-02-16	2013-06-05
	4-ENSCO PLC-CL A	P	2012-02-29	2013-08-28
	293.41-DIAMOND HILL LONG-SHORT FD CL	P	2011-01-12	2013-09-06
	200.28-DREYFUS EMG MKT DEBT LOC C-I	P	2011-01-12	2013-11-25
	150-ISHARES S&P LATIN AMERICA 40	P	2012-03-01	2012-12-11
	50-ISHARES TR S & P MIDCAP 400 ID FD	P	2012-02-16	2012-12-20
	10-JP MORGAN ALERIAN MLP INDEX	P	2012-02-16	2012-12-20
	40-COACH INC	P	2012-03-01	2013-02-08
	50-COGNIZANT TECH SOLUTIONS CRP COM	P	2012-03-01	2013-03-04
	90-COMPANHIA DE BEBIDAS-PRF ADR	P	2012-03-01	2013-06-05
	39-AMEX FINANCIAL SELECT SPDR	P	2012-03-01	2013-08-28
	962.05-HUSSMAN STRATEGIC GROWTH FUND	P	2011-07-08	2013-09-06
	94-DREYFUS EMG MKT DEBT LOC C-I 6083	P	2010-11-19	2013-11-25
	30-STARWOOD HOTELS & RESORTS WORLDWI	P	2012-02-16	2012-12-11
	60-ISHARES INC MSCI PACIFIC EX-JAPAN	P	2012-02-16	2012-12-20
	40-ISHARES GOLD TRUST	P	2012-02-16	2012-12-20
	35-COACH INC	P	2012-02-16	2013-02-08
	9-COGNIZANT TECH SOLUTIONS CRP COM	P	2012-02-29	2013-03-04
	40-ALLERGAN INC COM	P	2012-03-01	2013-06-26
	120-AMEX FINANCIAL SELECT SPDR	P	2012-02-16	2013-08-28
	723.18-DIAMOND HILL LONG-SHORT FD CL	P	2010-07-12	2013-09-06
	311-DREYFUS EMG MKT DEBT LOC C-I 608	P	2010-10-08	2013-11-25
	40-STARWOOD HOTELS & RESORTS WORLDWI	P	2012-03-01	2012-12-11
	20-ISHARES MSCI EAFE GROWTH	P	2012-02-16	2012-12-20
	25-ACCENTURE PLC	P	2012-02-16	2012-12-26
	104-CEF ISHARES S&P SMALL CAP 600 GR	P	2012-02-16	2013-02-08
	20-COGNIZANT TECH SOLUTIONS CRP COM	P	2012-02-16	2013-03-04
	30-ALLERGAN INC COM	P	2012-02-16	2013-06-26
	559.68-HUSSMAN STRATEGIC GROWTH FUND	P	2012-02-13	2013-09-06
	14-DIAMOND HILL LONG-SHORT FD CL I 1	P	2010-11-19	2013-09-06
	960-ISHARES GOLD TRUST	P	2012-02-16	2013-10-17
	10-COMPANHIA DE BEBIDAS-PRF ADR	P	2012-02-16	2012-12-20
	10-ISHARES S&P MIDCAP 400 GROWTH	P	2012-02-16	2012-12-20
	40-LAS VEGAS SANDS CORP	P	2012-03-01	2012-12-26
	21-RACKSPACE HOSTING INC	P	2012-05-03	2013-03-27
	40-NESTLE S.A. REGISTERED SHARES - A	P	2012-03-01	2013-03-04
	85-ORACLE CORPORATION	P	2012-02-16	2013-07-01
	6-INTUITIVE SURGICAL INC	P	2012-05-29	2013-09-23
	885.76-HUSSMAN STRATEGIC GROWTH FUND	P	2011-03-10	2013-09-06
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-01-31
	10-ESTEE LAUDER COMPANIES INC	P	2012-02-16	2012-12-20
	90-ISHARES TR MSCI EMERGING MARKETS	P	2012-02-16	2012-12-20
	30-LAS VEGAS SANDS CORP	P	2012-02-16	2012-12-26
	42-RACKSPACE HOSTING INC	P	2012-05-29	2013-03-27
	30-NESTLE S.A. REGISTERED SHARES - A	P	2012-02-16	2013-03-04
	20-ORACLE CORPORATION	P	2012-03-01	2013-07-01
	105-ORACLE CORPORATION	P	2012-03-01	2013-09-23
	447.76-HUSSMAN STRATEGIC GROWTH FUND	P	2011-01-12	2013-09-06
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-02-28
	10-ACCENTURE PLC	P	2012-02-16	2012-12-20
	10-CELGENE CORP COM	P	2012-02-16	2012-12-20
	50-ACCENTURE PLC	P	2012-03-01	2012-12-26
	6-ISHARES TR MSCI EMERGING MARKETS	P	2012-12-11	2013-06-05
	105-HMS HLDGS CORP	P	2012-03-01	2013-03-27
	15-ISHARES TR S & P MIDCAP 400 ID FD	P	2012-02-16	2013-07-24
	7-RALPH LAUREN CORP	P	2012-02-29	2013-09-23
	207.08-HUSSMAN STRATEGIC GROWTH FUND	P	2010-07-12	2013-09-06
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-03-31
	30-ISHARES MSCI EAFE	P	2012-02-16	2012-12-20
	10-HMS HLDGS CORP	P	2012-02-16	2012-12-20
	10-MONDELEZ INTERNATIONAL INC	P	2012-12-11	2012-12-20
	30-ISHARES TR MSCI EMERGING MARKETS	P	2012-12-11	2013-07-24
	70-HMS HLDGS CORP	P	2012-02-16	2013-03-27
	10-ISHARES MSCI EAFE	P	2012-02-16	2013-07-24
	10-RALPH LAUREN CORP	P	2012-03-01	2013-09-23
	213-MERGER FD SH BEN INT 260	P	2010-07-12	2013-09-06
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-04-30
	10-COCA COLA CO	P	2012-02-16	2012-12-20
	10-DANAHER CORP	P	2012-02-16	2012-12-20
	92-VANGUARD EMERGING MARKETS ETF	P	2011-08-09	2012-12-11
	10-ISHARES S&P SMALL CAP 600 VALUE	P	2013-04-24	2013-07-24
	183-CEF ISHARES S&P SMALL CAP 600 GR	P	2012-03-01	2013-04-24
	5-ISHARES MSCI EAFE GROWTH	P	2012-02-16	2013-07-24
	576.71-CREDIT SUISSE COMM RT ST-CO 2	P	2012-02-13	2013-10-17
	80.98-WF ADV GOVT SECURITIES- I 3101	P	2011-01-12	2013-09-06
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-05-31
	10-ENSCO PLC-CL A	P	2012-02-29	2012-12-20
	10-FASTENAL CO	P	2012-02-16	2012-12-20
	386-VANGUARD EMERGING MARKETS ETF	P	2011-07-08	2012-12-11
	15.08-OPPENHEIMER DEVELOPING MKT-Y 7	P	2013-06-07	2013-07-24
	145-CEF ISHARES S&P SMALL CAP 600 GR	P	2012-02-16	2013-04-24
	20-AMEX FINANCIAL SELECT SPDR	P	2012-02-16	2013-07-24
	1-COMPANHIA DE BEBIDAS-PRF ADR	P	2000-01-01	2013-03-29
	290.26-WF ADV GOVT SECURITIES- I 310	P	2010-07-12	2013-09-06
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-06-30
	10-EXXON MOBIL CORPORATION	P	2012-02-16	2012-12-20
	10-UNION PACIFIC CORP	P	2012-02-16	2012-12-20
	177-VANGUARD EMERGING MARKETS ETF	P	2011-03-08	2012-12-11
	9.98-DODGE & COX INT'L STOCK FD 1048	P	2013-06-07	2013-07-24
	250-ISHARES TR MSCI EMERGING MARKETS	P	2012-03-01	2013-06-05
	5-CEF ISHARES S&P SMALL CAP 600 GROW	P	2012-03-01	2013-07-24
	1562-CREDIT SUISSE COMM RT ST-CO 215	P	2010-10-08	2013-07-24
	97-WF ADV GOVT SECURITIES- I 3101	P	2010-10-08	2013-09-06
	960-ISHARES GOLD TRUST	P	2001-01-01	2013-07-31

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	1,824	1,632	192
b	690	830	-140
c	731	717	14
d	1,323	934	389
e	3,015	3,111	-96
	15,430	14,708	722
	1,872	1,742	130
	4,858	6,200	-1,342
	1,711	2,210	-499
	3		3
	3,838	3,018	820
	710	863	-153
	340	282	58
	3	3
	1,120	1,509	-389
	28,137	27,745	392
	2,553	2,490	63
	6,632	8,590	-1,958
	13,915	17,691	-3,776
	3		3
	2,166	2,156	10
	994	869	125
	627	618	9
	1,362	1,061	301
	1,815	1,613	202
	3,079	2,602	477
	1,418	1,460	-42
	9,464	7,594	1,870
	4,625	5,748	-1,123
	2,708	2,734	-26
	440	373	67
	724	605	119
	1,907	1,548	359
	1,334	1,949	-615
	813	835	-22
	397	409	-12
	11,610	9,200	2,410
	2,704	2,792	-88
	4,526	4,968	-442
	4,187	4,046	141
	717	617	100
	2,704	2,239	465
	1,709	2,495	-786
	4,076	4,327	-251
	227	234	-7
	6,220	4,900	1,320
	2,812	2,900	-88
	6,466	7,410	-944
	5,112	4,885	227
	390	410	-20
	1,954	3,034	-1,080
	3,871	3,571	300
	3,325	3,585	-260
	763	584	179
	9,890	11,756	-1,866
	1,320	1,396	-76
	1,627	1,614	13
	2,801	2,596	205
	637	671	-34
	1,710	2,638	-928
	697	642	55
	3,476	3,584	-108
	2,349	1,738	611
	15,331	11,079	4,252
	4,366	4,690	-324
	2,169	2,174	-5
	1,194	1,135	59
	1,652	1,450	202
	9,430	8,416	1,014
	1,548	1,434	114
	2,607	2,638	-31
	5,754	6,632	-878
	297	223	74
	12,264	16,090	-3,826
	422	379	43
	1,149	1,108	41
	1,834	2,260	-426
	1,040	1,271	-231
	2,764	2,461	303
	2,623	2,399	224
	2,240	3,162	-922
	9,106	10,700	-1,594
	3		3
	594	557	37
	3,917	3,894	23
	1,375	1,569	-194
	2,081	2,148	-67
	2,073	1,816	257
	617	595	22
	3,567	3,122	445
	4,603	5,400	-797
	3		3
	680	580	100
	800	752	48
	3,303	2,991	312
	245	260	-15
	2,911	3,402	-491
	1,843	1,465	378
	1,155	1,222	-67
	2,129	2,758	-629
	3		3
	1,698	1,607	91
	258	337	-79
	259	262	-3
	1,191	1,298	-107
	1,941	2,360	-419
	610	536	74
	1,650	1,767	-117
	3,429	3,340	89
	3		3
	367	343	24
	562	515	47
	4,000	3,787	213
	1,002	888	114
	16,753	14,878	1,875
	326	284	42
	4,250	4,879	-629
	865	880	-15
	3		3
	598	585	13
	445	513	-68
	16,783	18,833	-2,050
	523	525	-2
	13,274	11,733	1,541
	413	290	123

	3,103	3,190	-87
	3		3
	882	846	36
	1,255	1,094	161
	7,696	8,359	-663
	388	375	13
	10,190	11,185	-995
	516	406	110
	11,481	14,058	-2,577
	1,037	1,083	-46
	2		2

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			192
b			-140
c			14
d			389
e			-96
			722
			130
			-1,342
			-499
			3
			820
			-153
			58

			-389
			392
			63
			-1,958
			-3,776
			3
			10
			125
			9
			301
			202
			477
			-42
			1,870
			-1,123
			-26
			67
			119
			359
			-615
			-22
			-12
			2,410
			-88
			-442
			141
			100
			465
			-786
			-251
			-7
			1,320
			-88
			-944
			227
			-20
			-1,080
			300
			-260
			179
			-1,866
			-76
			13
			205
			-34
			-928
			55
			-108
			611
			4,252
			-324
			-5
			59
			202
			1,014
			114
			-31
			-878
			74
			-3,826
			43
			41
			-426
			-231
			303
			224
			-922
			-1,594
			3
			37
			23
			-194
			-67
			257
			22
			445
			-797
			3
			100
			48
			312
			-15
			-491
			378
			-67
			-629
			3
			91
			-79
			-3
			-107
			-419
			74
			-117
			89
			3
			24
			47
			213
			114
			1,875
			42
			-629
			-15
			3
			13
			-68
			-2,050
			-2
			1,541
			123

			-87
			3
			36
			161
			-663
			13
			-995
			110
			-2,577
			-46
			2

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-10,092
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 . . . . . . . . . . . . . . . .		3	-1,045

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? Yes No

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	31,868	895,385	0.035591
2010	45,303	564,108	0.080309
2009	12,512	313,675	0.039888
2008
2007

2	Total of line 1, column (d) ......................	2	0.155788
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	0.051929
4	Enter the net value of noncharitable-use assets for 2012 from Part X, line 5.....	4	929,522
5	Multiply line 4 by line 3.......................	5	48,269
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6	114
7	Add lines 5 and 6.........................	7	48,383
8	Enter qualifying distributions from Part XII, line 4..............	8	75,179
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)

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	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A” on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	114
	hereand 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	114
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	114
6	Credits/Payments:

a	2012 estimated tax payments and 2011 overpayment credited to 2012	6a
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	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	114
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2013 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of

the instructions for definition)?............................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If “Yes,” attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If “Yes,” has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If “Yes,” attach the statement required by General Instruction T.

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?................

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.

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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.............................

Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.

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) .............

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).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

N/A

The books are in care of bullet

MARK CONELY Telephone no. bullet

(713) 409-5005

Located at bullet

PO BOX 131053HOUSTONTX ZIP+4 bullet

772191053

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

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? .................

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)

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?.........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?.................YesNo

(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.).........YesNo

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)?...

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?.............

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)):

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?...............YesNo

If “Yes,” list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?.........................YesNo

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.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

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))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(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)........YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

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)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?............YesNo

If “Yes,” attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?........................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If “Yes” to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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
MARK CONELY	PRESIDENT, T 1.00	0	0	0
PO BOX 131053 HOUSTON,TX77219	PRESIDENT, T 1.00	0	0	0
LAURA DEVRIES-CONELY	VICE-PRESIDE 1.00	0	0	0
PO BOX 131053 HOUSTON,TX77219	VICE-PRESIDE 1.00	0	0	0
LAURA BODENHEIMER	DIRECTOR 1.00	0	0	0
PO BOX 131053 HOUSTON,TX77219	DIRECTOR 1.00	0	0	0
IAN CAIN	DIRECTOR 1.00	0	0	0
PO BOX 131053 HOUSTON,TX77219	DIRECTOR 1.00	0	0	0

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...................

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)

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.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

907,129

Average of monthly cash balances.......................

36,548

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

943,677

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

943,677

Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see

instructions) .............................

14,155

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

929,522

Minimum investment return. Enter 5% of line 5..................

46,476

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

46,476

Tax on investment income for 2012 from Part VI, line 5......

114

Income tax for 2012. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

114

Distributable amount before adjustments. Subtract line 2c from line 1............

46,362

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

46,362

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,

line 1................................

46,362

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

75,179

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

75,179

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).................

114

Adjusted qualifying distributions. Subtract line 5 from line 4..............

75,065

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)

Page 8

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(d) 2012
1 Distributable amount for 2012 from Part XI, line 7			46,362
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.......	2,896
e From 2011.......
fTotal of lines 3a through e.........		2,896
4Qualifying distributions for 2012 from Part
XII, line 4: $ 75,179
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.....			46,362
e Remaining amount distributed out of corpus		28,817
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		31,713
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 ......		31,713
10 Analysis of line 9:
a Excess from 2008....
b Excess from 2009....
c Excess from 2010....	2,896
d Excess from 2011....
e Excess from 2012....	28,817

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2012)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
EQUALITY TEXAS FOUNDATION PO BOX 2340 AUSTIN,TX78768	NONE	PUBLIC	GENERAL FUNDS	300
KPFT PACIFICA FOUNDATION 419 LOVETT BLVD HOUSTON,TX77006	NONE	PUBLIC	GENERAL FUNDS	1,000
HOUSTON PUBLIC STATIONS 4343 ELGIN HOUSTON,TX77204	NONE	PUBLIC	GENERAL FUNDS	1,000
NATIONAL MS SOCIETY 733 THIRD AVE 3RD FLOOR NEW YORK,NY10017	NONE	PUBLIC	GENERAL FUNDS	300
STAR OF HOPE MISSION 6897 ARDMORE HOUSTON,TX77054	NONE	PUBLIC	GENERAL FUNDS	2,500
AMNESTY INTERNATIONAL 5 PENN PLAZA 16TH FLOOR NEW YORK,NY10001	NONE	PUBLIC	GENERAL FUNDS	1,000
CARES FOUNDATION 2414 MORRIS AVE SUITE 110 UNION,NJ07083	NONE	PUBLIC	GENERAL FUNDS	2,500
ALZHEIMER'S ASSOCIATION 2242 WEST HOLCOMBE BLVD HOUSTON,TX77030	NONE	PUBLIC	GENERAL FUNDS	2,500
JULIA COBB CANCER FUND 9695 N SAM HOUSTON PKWY E SUITE 150 HOUSTON,TX77396	NONE		CANCER TREATMENT	500
BIG BROTHERS BIG SISTERS 450 E JOHN CARPENTER FRW SUITE 100 IRVING,TX75062	NONE	PUBLIC	SWING FOR KIDS	500
COVENANT HOUSE 1111 LOVETT BLVD HOUSTON,TX770063898	NONE	PUBLIC	GENERAL FUNDS	2,500
FAMILIES OF SPINAL MUSCULAR ATROPHY 925 BUSSE RD ELK GROVE VILLAGE,IL60007	NONE	PUBLIC	ROCK-N-BOWL	1,000
HUMAN RIGHTS CAMPAIGN FOUNDATION 1640 RHODE ISLAND AVE NW WASHINGTON,DC200363278	NONE	PUBLIC	HOUSTON CHALLENGE	2,500
HUMAN RIGHTS CAMPAIGN FOUNDATION 1640 RHODE ISLAND AVE NW WASHINGTON,DC200363278	NONE	PUBLIC	FEDERAL CLUB	1,200
HUMAN RIGHTS CAMPAIGN FOUNDATION 1640 RHODE ISLAND AVE NW WASHINGTON,DC200363278	NONE	PUBLIC	BRITT KOMANN 1/2 MARATHON	275
HUMAN RIGHTS CAMPAIGN FOUNDATION 1640 RHODE ISLAND AVE NW WASHINGTON,DC200363278	NONE	PUBLIC	WELCOMING SCHOOLS HOUSTON	7,500
AVENUE CDC 2505 WASHINGTON AVE SUITE 400 HOUSTON,TX77007	NONE	PUBLIC	GENERAL FUNDS	2,500
AVENUE CDC 2505 WASHINGTON AVE SUITE 400 HOUSTON,TX77007	NONE	PUBLIC	THE LEARNING CENTER	2,500
LAMBDA LEGAL SOUTH CENTRAL REGIONAL OFFICE 3500 OAK LAWN AVE SUITE 500 DALLAS,TX752196722	NONE	PUBLIC	GENERAL FUNDS	1,000
SOUTHERN POVERTY LAW CENTER 400 WASHINGTON AVE MONTGOMERY,AL36104	NONE	PUBLIC	GENERAL FUNDS	1,000
CENTRAL MIDDLE SCHOOL 3014 SEALY GALVESTON,TX77550	NONE	PUBLIC	PEDRO QUINTERO'S CLASS	500
HOUSTON COMMUNITY COLLEGE 3100 MAIN STREET 4 HOUSTON,TX77002	NONE	PUBLIC	SCHOLARSHIP ANTONIO SANCHEZ	1,000
PRAIRIE VIEW A&M UNIVERSITY PO BOX 519 PRAIRIE VIEW,TX77446	NONE	PUBLIC	SCHOLARSHIP GERMANIE HARRIS	5,000
PRAIRIE VIEW A&M UNIVERSITY PO BOX 519 PRAIRIE VIEW,TX77446	NONE	PUBLIC	SCHOLARSHIP JAHNEE LEE	2,500
ST STEPHENS 1800 SUL ROSS HOUSTON,TX77098	NONE	PRIVATE	SCHOLARSHIPS	2,500
ST JOHNS UNIVERSITY 8000 UTOPIA PKWY QUEENS,NY11439	NONE	PRIVATE	SCHOLARSHIP ALEJANDRO QUINTERO	2,000
TEXAS A&M FOUNDATION 401 GEORGE BUSH DR COLLEGE STATION,TX77840	NONE	PUBLIC	SCHOLARSHIP EMILY WOOTEN	5,000
TEXAS A&M FOUNDATION 401 GEORGE BUSH DR COLLEGE STATION,TX77840	NONE	PUBLIC	SCHOLARSHIP JAMES LUSBY-GARCIA	1,500
TEXAS A&M FOUNDATION 401 GEORGE BUSH DR COLLEGE STATION,TX77840	NONE	PUBLIC	SCHOLARSHIP TRAN DANG	5,000
TEXAS STATE UNIVERSITY 601 UNIVERSITY DR SAN MARCOS,TX786664684	NONE	PUBLIC	SCHOLARSHIP MAQUIA	667
UNIVERSITY OF HOUSTON 3100 CULLEN BLVD SUITE 204 HOUSTON,TX772046002	NONE	PUBLIC	SCHOLARSHIP - ATLAS KERR	1,250
UNIVERSITY OF ST THOMAS 3800 MONTROSE BLVD HOUSTON,TX77006	NONE	PUBLIC	SCHOLARSHIP ALEJANDRO QUINTERO	5,000
ANTONIO SANCHEZ 11643 ILENE DR HOUSTON,TX77093	NONE	INDIVIDUAL	BOOKS FOR COMMUNITY COLLEGE CLASSES	800
ANTONIO SANCHEZ 11643 ILENE DR HOUSTON,TX77093	NONE	INDIVIDUAL	LAPTOP FOR COMMUNITY COLLEGE CLASSES	600
ANTONIO SANCHEZ 11643 ILENE DR HOUSTON,TX77093	NONE	INDIVIDUAL	SCHOLARSHIP AUTO/BUS FARE	2,600
Total ................................. 3a				69,992

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3Interest on savings and temporary cash investments
4 Dividends and interest from securities....			14	16,282
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	548	-10,640
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aJP MORGAN ALERIAN INDEX			14	304
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..				17,134	-10,640

13Total. Add line 12, columns (b), (d), and (e)..................

136,494

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 12

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section

Yes

501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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?...........YesNo

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2012)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2012 CompensationExplanation

Name:

CONELY FOUNDATION

EIN: 27-1555970

Person Name	Explanation
MARK CONELY
LAURA DEVRIES-CONELY
LAURA BODENHEIMER
IAN CAIN

- TIN:

TY 2012 InvestmentsCorpBondsSchedule

Name:

CONELY FOUNDATION

EIN: 27-1555970

Name of Bond	End of Year Book Value	End of Year Fair Market Value
FIXED INCOME MUTUAL FUNDS	100,178	99,332

- TIN:

TY 2012 InvestmentsCorpStockSchedule

Name:

CONELY FOUNDATION

EIN: 27-1555970

Name of Stock	End of Year Book Value	End of Year Fair Market Value
STOCKS	240,026	325,856
STOCKS MUTUAL FUNDS	297,001	352,256

- TIN:

TY 2012 InvestmentsOtherSchedule2

Name:

CONELY FOUNDATION

EIN: 27-1555970

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
REAL ASSET FUNDS	AT COST	74,374	82,045
COMPLEMENTERY STRATEGIES FUNDS	AT COST	97,803	101,898

- TIN:

TY 2012 LegalFeesSchedule

Name:

CONELY FOUNDATION

EIN: 27-1555970

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
INDIRECT LEGAL FEES	1,557	778		779

- TIN:

TY 2012 OtherDecreasesSchedule

Name:

CONELY FOUNDATION

EIN: 27-1555970

Description	Amount
2011 FEDERAL INCOME TAX	757

- TIN:

TY 2012 OtherExpensesSchedule

Name:

CONELY FOUNDATION

EIN: 27-1555970

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
EXPENSES
MISCELLANEOUS	6	3	3
INVESTMENT MANAGEMENT FEES	8,300	4,150	4,150

- TIN:

TY 2012 OtherIncomeSchedule2

Name:

CONELY FOUNDATION

EIN: 27-1555970

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
JP MORGAN ALERIAN INDEX	304	304

- TIN:

TY 2012 OtherIncreasesSchedule

Name:

CONELY FOUNDATION

EIN: 27-1555970

Description	Amount
WASH SALE CAPITAL LOSS	3

- TIN:

TY 2012 TaxesSchedule

Name:

CONELY FOUNDATION

EIN: 27-1555970

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FOREIGN TAX WITHHELD	292	146		146