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 10-01-2012 , and ending 09-30-2013
Name of foundation
JAMES AND JANE WELCH FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 3636   Room/suite
City or town, state, and ZIP code
GRAND RAPIDS, MI495013636
A Employer identification number

38-2927749
B Telephone number (see instructions)

(800) 400-0439
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$7,641,774J 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) 1,133,858
2 Check bullet
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...... 168,345 159,716  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 755,965
b Gross sales price for all assets on line 6a 3,121,883
7 Capital gain net income (from Part IV, line 2)... 755,965
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 4,803    
12 Total. Add lines 1 through 11........ 2,062,971 915,681  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... Click to see attachment 750 375 0 375
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions) Click to see attachment 1,788 1,788   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings....... 349 0 0 349
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 24,870 24,850   20
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 27,757 27,013 0 744
25 Contributions, gifts, grants paid........ 357,500 357,500
26 Total expenses and disbursements. Add lines 24 and 25 385,257 27,013 0 358,244
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,677,714
b Net investment income (if negative, enter -0-) 888,668
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2012)
Form 990-PF (2012)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 7 8 8
2 Savings and temporary cash investments.......... 292,210 1,005,805 1,005,805
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet0      
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 1,517 Click to see attachment1,336 2,590,526
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 2,866,665 Click to see attachment3,830,964 4,045,435
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,160,399 4,838,113 7,641,774
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 3,160,399 4,838,113
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 3,160,399 4,838,113
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 3,160,399 4,838,113
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 3,160,399
2 Enter amount from Part I, line 27a..................... 2 1,677,714
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 4,838,113
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 4,838,113
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 1314.221 RIDGEWORTH FDS MICAP VAL EQ I   2011-04-14 2012-10-02
b 1364.474 PIMCO HIGH YIELD FUND   2010-10-01 2012-10-04
c 646. SPDR BARCLAYS HIGH YIELD BOND   2012-02-07 2012-10-04
d 600. SPDR BARCLAYS HIGH YIELD BOND   2012-02-07 2012-10-04
e 1731.84 THIRD AVE TR INVS   2010-09-30 2012-10-04
102.642 THIRD AVE TR INVS   2011-12-20 2012-10-04
129.045 THIRD AVE TR INVS   2011-12-20 2012-10-04
21. ISHARES S&P GLOBAL TELECOMM   2011-10-21 2012-10-18
17. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2012-10-18
37. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2012-10-18
16. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-07-06 2012-10-18
19. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-27 2012-10-18
10. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-27 2012-10-18
22. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-26 2012-10-18
31. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-07-06 2012-10-18
16. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-06-27 2012-10-18
10. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-06-27 2012-10-18
18. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-06-26 2012-10-18
18. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-06-26 2012-10-18
1. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-06-25 2012-10-18
9. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2011-10-21 2012-10-18
91. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2011-10-21 2012-10-18
7. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2011-10-21 2012-10-18
6. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2011-10-21 2012-10-18
52. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-09 2012-10-18
180. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-07-06 2012-10-18
13. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-09-12 2012-10-18
30. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-09-12 2012-10-18
26. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-09-12 2012-10-18
12. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-09-12 2012-10-18
4. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-01-09 2012-10-18
1. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-01-09 2012-10-18
6. ISHARES TR S&P GL UTILITI ETF [RIC]   2011-10-21 2012-10-18
47. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2012-10-18
51. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2012-10-18
31. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2011-10-21 2012-10-18
2. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2011-10-21 2012-10-18
14. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-01-09 2012-10-18
23. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-01-09 2012-10-18
25. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2011-10-21 2012-10-18
15. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-07-06 2012-10-18
8. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-18
1. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-18
2. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-18
7. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-18
32. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-18
25. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-07-06 2012-10-18
21. ISHARES SP 500 GL CONS DISC ETF [RIC]   2011-10-21 2012-10-18
1. ISHARES SP 500 GL CONS DISC ETF [RIC]   2011-10-21 2012-10-18
43. ISHARES SP 500 GL CONS DISC ETF [RIC]   2011-10-21 2012-10-18
82. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-07-05 2012-10-18
118. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-27 2012-10-18
56. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-27 2012-10-18
138. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2012-10-18
203. VANGUARD FTSE EMERGING MARKETS ETF   2012-01-17 2012-10-18
32. VANGUARD FTSE EMERGING MARKETS ETF   2012-07-06 2012-10-18
31. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2012-10-19
5. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2012-10-19
6. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2012-10-19
25. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2012-10-19
9. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2012-10-19
3. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-26 2012-10-19
17. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-25 2012-10-19
3. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-25 2012-10-19
7. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-25 2012-10-19
13. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-25 2012-10-19
14. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-26 2012-10-19
4. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-26 2012-10-19
14. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-06-25 2012-10-19
14. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-06-25 2012-10-19
1. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-01-13 2012-10-19
7. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2012-10-19
15. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2012-10-19
35. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2012-10-19
2. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2012-10-19
2. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2012-10-19
4. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2012-10-19
61. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-09 2012-10-19
18. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-09 2012-10-19
30. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-09 2012-10-19
30. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-06 2012-10-19
5. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-06 2012-10-19
46. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-07-06 2012-10-19
184. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-27 2012-10-19
36. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-27 2012-10-19
25. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-27 2012-10-19
122. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-26 2012-10-19
32. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2011-10-21 2012-10-19
69. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2011-10-21 2012-10-19
4. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-25 2012-10-19
38. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-01-09 2012-10-19
8. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-01-09 2012-10-19
5. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2012-10-19
35. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2012-10-19
8. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2012-10-19
25. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2012-10-19
16. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2012-10-19
14. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2012-10-19
43. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2012-10-19
3. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2012-10-19
38. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2011-10-21 2012-10-19
13. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2011-10-21 2012-10-19
1. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2011-10-21 2012-10-19
5. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2011-10-21 2012-10-19
34. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-07-06 2012-10-19
7. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-07-06 2012-10-19
12. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-19
15. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-06-27 2012-10-19
9. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-06-27 2012-10-19
15. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-06-27 2012-10-19
14. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-19
4. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2012-10-19
34. ISHARES SP 500 GL CONS DISC ETF [RIC]   2011-10-21 2012-10-19
2. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-27 2012-10-19
13. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-27 2012-10-19
18. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-27 2012-10-19
15. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-26 2012-10-19
4. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-26 2012-10-19
70. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2012-10-19
87. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-26 2012-10-19
5. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-26 2012-10-19
36. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-26 2012-10-19
36. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-26 2012-10-19
10. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-26 2012-10-19
111. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2012-10-19
22. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2012-10-19
26. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-01-09 2012-10-19
274. VANGUARD FTSE EMERGING MARKETS ETF   2012-07-06 2012-10-19
50. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2012-10-19
36. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2012-10-19
72. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2012-10-19
217. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2012-10-19
70. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2012-10-19
298.531 NUVEEN HIGH YIELD MUNI BD I SHARES   2012-10-04 2012-12-04
529.015 PIMCO HIGH YIELD FUND   2010-10-01 2012-12-04
761.983 PRICE T ROWE HIGH YIELD FD INC   2012-10-04 2012-12-04
554.867 TCW FDS INC EMERGING MKTS INCOME FD CL I   2012-10-04 2012-12-04
357. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-19 2012-12-06
143. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-19 2012-12-06
72. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-19 2012-12-06
164. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-19 2012-12-06
48. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-19 2012-12-06
687. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-19 2012-12-07
577. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-18 2012-12-07
44285. STEELCASE INC. CLASS A COMMON   1913-10-10 2012-12-21
7627. STEELCASE INC. CLASS A COMMON   1913-10-10 2012-12-21
10. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-06 2013-01-25
154. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-12-07 2013-01-25
24. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-07 2013-01-25
17. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-07 2013-01-25
5. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-07 2013-01-25
5. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-07 2013-01-25
19. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-07 2013-01-25
11. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-07 2013-01-25
91. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-07 2013-01-25
81. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-07 2013-01-25
7.649 AMERICAN FD CAPITAL WORLD & INC   2011-04-14 2013-02-06
112. ISHARES DOW JONES SELECT DIV IND   2011-07-05 2013-02-06
72. ISHARES DOW JONES SELECT DIV IND   2011-07-06 2013-02-06
70. ISHARES DOW JONES SELECT DIV IND   2011-07-01 2013-02-06
131. ISHARES DOW JONES SELECT DIV IND   2011-06-30 2013-02-06
41. ISHARES DOW JONES SELECT DIV IND   2011-06-29 2013-02-06
72. ISHARES DOW JONES SELECT DIV IND   2011-06-28 2013-02-06
19. ISHARES DOW JONES SELECT DIV IND   2011-06-27 2013-02-06
5. ISHARES TR DJ EPAC DIVIDE   2012-02-21 2013-02-06
2. BARCLAYS 0-5 YR TIPS ISHARES TR   2012-02-24 2013-02-06
4. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2012-02-21 2013-02-06
1072.852 PERMANENT PORTFOLIO FD INC PERM PORTFOLIO   2012-02-06 2013-02-06
9.152 PIMCO REAL RETURN FUND   2010-09-30 2013-02-06
4. POWERSHARES DB COMMODITY [LP]   2012-02-09 2013-02-06
538. POWERSHARES EXCHANGE-TRADED FD   2012-09-26 2013-02-06
533. POWERSHARES EXCHANGE-TRADED FD   2012-09-04 2013-02-06
17.502 RIDGEWORTH FDS MICAP VAL EQ I   2011-04-14 2013-02-06
1. SPDR GOLD TRUST [WHFIT]   2011-11-02 2013-02-06
407. SECTOR SPDR TR SHS BEN INT-UTILITIES ETF [EQTY]   2012-10-02 2013-02-06
2. VANGUARD REIT ETF   2012-02-09 2013-02-06
6798.57 EATON VANCE FLTG RT & H I-IN   2012-02-07 2013-02-20
7636.184 GOLDMAN SACHS CORE FIXED INC INST SH   2010-10-04 2013-02-20
511. ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND FUND ETF [RIC]   2012-02-07 2013-02-20
8711.917 OPPENHEIMER INTL BD FD CL Y   2013-01-29 2013-02-20
8025.96 PIMCO TOTAL RETURN FUND(IT   2010-10-01 2013-02-20
553.618 PIMCO TOTAL RETURN FUND(IT   2010-12-09 2013-02-20
346.603 PIMCO TOTAL RETURN FUND(IT   2010-12-15 2013-02-20
4616.7 TCW FDS INC EMERGING MKTS INCOME FD CL I   2011-09-07 2013-02-20
37. SPDR GOLD TRUST [WHFIT]   2011-11-02 2013-03-08
14. SPDR GOLD TRUST [WHFIT]   2011-05-24 2013-03-08
35.097 FPA CRESCENT PORTFOLIO-I   2013-02-06 2013-03-18
457.525 FPA CRESCENT PORTFOLIO-I   2011-04-13 2013-03-18
88. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2012-02-21 2013-03-18
207. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2011-04-13 2013-03-18
43.443 YACKTMAN FOCUSED FUND MANAGERS AMG FDS   2013-02-06 2013-03-18
154.317 YACKTMAN FOCUSED FUND MANAGERS AMG FDS   2011-04-13 2013-03-18
1432.433 RIDGEWORTH FDS MICAP VAL EQ I   2011-04-14 2013-03-18
30.433 ROYCE SPECIAL EQUITY FUND   2013-02-06 2013-03-18
1302.085 ROYCE SPECIAL EQUITY FUND   2012-02-15 2013-03-18
1194. SPDR DJ INTL REAL ESTATE ETF   2012-02-21 2013-03-18
601. VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHS [RIC]   2013-02-06 2013-03-18
468. VANGUARD REIT ETF   2011-04-13 2013-03-18
39.887 WINTERGREEN FUND   2013-02-06 2013-03-18
37. ISHARES S&P GLOBAL TELECOMM   2013-01-25 2013-03-27
12. ISHARES S&P GLOBAL TELECOMM   2013-01-25 2013-03-27
22. ISHARES S&P GLOBAL TELECOMM   2012-12-06 2013-03-27
21. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-01-25 2013-03-27
16. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-07 2013-03-27
6. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-07 2013-03-27
18. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-06 2013-03-27
3. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-07 2013-03-27
8. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-06 2013-03-27
18. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-06 2013-03-27
15. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-06 2013-03-27
3. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-06 2013-03-27
21. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-07 2013-03-27
8. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-07 2013-03-27
53. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-06 2013-03-27
40. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-06 2013-03-27
47. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-12-07 2013-03-27
121. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-12-07 2013-03-27
32. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-12-06 2013-03-27
163. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-12-06 2013-03-27
2. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-07 2013-03-27
16. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-07 2013-03-27
10. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-07 2013-03-27
4. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-06 2013-03-27
60. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-01-25 2013-03-27
1. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-01-25 2013-03-27
43. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2013-03-27
18. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-07 2013-03-27
19. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-07 2013-03-27
11. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-07 2013-03-27
19. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-06 2013-03-27
2. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-06 2013-03-27
17. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-01-25 2013-03-27
17. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-07 2013-03-27
3. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-07 2013-03-27
14. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-07 2013-03-27
15. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-06 2013-03-27
7. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-07 2013-03-27
25. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-07 2013-03-27
5. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-06 2013-03-27
11. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-06 2013-03-27
16. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-06 2013-03-27
2. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-06 2013-03-27
87. SPDR S&P DIVIDEND   2013-03-18 2013-03-27
418. SPDR S&P DIVIDEND   2013-02-06 2013-03-27
11. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-07 2013-03-27
122. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-07 2013-03-27
15. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-06 2013-03-27
62. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-06 2013-03-27
57. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-06 2013-03-27
36. VANGUARD FTSE EMERGING MARKETS ETF   2013-01-25 2013-03-27
143. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-07 2013-03-27
73. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-07 2013-03-27
54. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-07 2013-03-27
22. ISHARES S&P GLOBAL TELECOMM   2012-12-06 2013-03-28
22. ISHARES S&P GLOBAL TELECOMM   2012-12-06 2013-03-28
21. ISHARES S&P GLOBAL TELECOMM   2012-12-06 2013-03-28
26. ISHARES S&P GLOBAL TELECOMM   2012-12-07 2013-03-28
9. ISHARES S&P GLOBAL TELECOMM   2012-12-07 2013-03-28
27. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-07 2013-03-28
19. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-06 2013-03-28
18. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-06 2013-03-28
19. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-07 2013-03-28
14. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-07 2013-03-28
18. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-06 2013-03-28
29. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-12-07 2013-03-28
34. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2013-03-28
34. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-01-06 2013-03-28
44. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-07 2013-03-28
41. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-07 2013-03-28
208. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-12-06 2013-03-28
81. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-12-07 2013-03-28
192. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-25 2013-03-28
20. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-06 2013-03-28
24. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-07 2013-03-28
4. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-07-06 2013-03-28
73. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-01-17 2013-03-28
57. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-01-09 2013-03-28
17. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-06 2013-03-28
19. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-06 2013-03-28
19. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-12-06 2013-03-28
43. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-07-06 2013-03-28
15. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-06 2013-03-28
23. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-07 2013-03-28
15. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-06 2013-03-28
12. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-12-06 2013-03-28
21. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2013-03-28
14. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-06 2013-03-28
16. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-12-06 2013-03-28
6. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-26 2013-03-28
8. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-17 2013-03-28
10. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-17 2013-03-28
31. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-17 2013-03-28
4. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-26 2013-03-28
20. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-06 2013-03-28
76. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-06 2013-03-28
77. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-12-06 2013-03-28
48. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-01-09 2013-03-28
126. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-25 2013-03-28
76. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-07 2013-03-28
86. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-07 2013-03-28
242. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-06 2013-03-28
37. SPDR GOLD TRUST [WHFIT]   2011-11-02 2013-04-26
4. SPDR GOLD TRUST [WHFIT]   2013-04-02 2013-04-26
10. SPDR GOLD TRUST [WHFIT]   2013-04-02 2013-04-26
41. SPDR GOLD TRUST [WHFIT]   2013-04-02 2013-04-26
14. SPDR GOLD TRUST [WHFIT]   2011-06-15 2013-04-26
48. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-06-25 2013-05-02
380. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2013-05-02
358. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-01-09 2013-05-02
468. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2012-01-06 2013-05-02
689. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2013-05-02
222. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2013-05-02
511. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2013-05-02
101. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2013-05-02
40. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2013-05-02
150. SECTOR SPDR TR FINANCIAL ETF [EQTY]   2011-11-09 2013-05-02
129.074 AQR FDS RISK PARITY FD CL I   2013-02-06 2013-05-03
1949.866 AQR FDS RISK PARITY FD CL I   2012-02-06 2013-05-03
1081.159 PIMCO FDS ADV TTL STRG D   2010-09-30 2013-05-03
682.493 PIMCO ALL ASSET ALL AUTH FUND   2013-02-06 2013-05-03
120.565 TFS CAP INVT TR MARKET NEUTRAL   2013-02-06 2013-05-03
1295.657 TFS CAP INVT TR MARKET NEUTRAL   2010-10-01 2013-05-03
57. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2012-10-18 2013-05-03
544. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-27 2013-05-03
612. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-28 2013-05-03
564. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-28 2013-05-06
48. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-28 2013-05-06
139. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-01-25 2013-05-06
170. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-27 2013-05-06
117. ISHARES SILVER TR ISHARES [WHFIT]   2012-12-11 2013-05-10
45. SPDR GOLD TRUST [WHFIT]   2011-06-15 2013-05-10
13. ISHARES S&P GLOBAL TELECOMM   2013-05-03 2013-06-13
13. ISHARES S&P GLOBAL TELECOMM   2013-05-03 2013-06-13
5. ISHARES S&P GLOBAL TELECOMM   2013-05-03 2013-06-13
26. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-06 2013-06-13
14. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-06 2013-06-13
13. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-03 2013-06-13
14. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-03 2013-06-13
8. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-03 2013-06-13
47. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-13
52. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-06-13
14. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-13
310. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-05-06 2013-06-13
91. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-05-06 2013-06-13
10. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-07 2013-06-13
24. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-06 2013-06-13
7. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-06 2013-06-13
16. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-03 2013-06-13
16. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-03 2013-06-13
3. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-03 2013-06-13
21. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-03 2013-06-13
21. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-03 2013-06-13
6. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-06 2013-06-13
12. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-03 2013-06-13
12. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-03 2013-06-13
15. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-03 2013-06-13
15. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-03 2013-06-13
12. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-03 2013-06-13
223. VANGUARD FTSE EMERGING MARKETS ETF   2013-05-03 2013-06-13
61. VANGUARD FTSE EMERGING MARKETS ETF   2013-05-03 2013-06-13
1. ISHARES S&P GLOBAL TELECOMM   2013-05-03 2013-06-14
8. ISHARES S&P GLOBAL TELECOMM   2013-05-03 2013-06-14
10. ISHARES S&P GLOBAL TELECOMM   2013-05-03 2013-06-14
3. ISHARES S&P GLOBAL TELECOMM   2013-05-03 2013-06-14
15. ISHARES S&P GLOBAL TELECOMM   2013-05-06 2013-06-14
5. ISHARES S&P GLOBAL TELECOMM   2013-05-06 2013-06-14
14. ISHARES S&P GLOBAL TELECOMM   2013-05-06 2013-06-14
9. ISHARES S&P GLOBAL TELECOMM   2013-05-06 2013-06-14
11. ISHARES S&P GLOBAL TELECOMM   2013-05-06 2013-06-14
16. ISHARES S&P GLOBAL TELECOMM   2012-12-07 2013-06-14
13. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-06 2013-06-14
10. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-06 2013-06-14
7. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-06 2013-06-14
17. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-03 2013-06-14
1. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-03 2013-06-14
16. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-03 2013-06-14
17. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-03 2013-06-14
4. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-03 2013-06-14
14. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-05-03 2013-06-14
3. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-07 2013-06-14
18. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-12-06 2013-06-14
1. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-26 2013-06-14
5. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-03 2013-06-14
10. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-03 2013-06-14
3. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-03 2013-06-14
15. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-06 2013-06-14
5. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-06 2013-06-14
13. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-06 2013-06-14
1. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-06 2013-06-14
20. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-05-06 2013-06-14
7. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2013-06-14
16. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2013-06-14
12. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2013-06-14
16. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-14
25. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-14
26. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-14
38. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-14
38. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-14
17. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-14
3. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-14
33. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-14
1. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-14
35. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-06-14
16. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-06-14
35. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-14
3. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-14
31. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-03 2013-06-14
22. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-06-14
24. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-05-06 2013-06-14
424. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-05-03 2013-06-14
49. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-25 2013-06-14
42. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2011-10-21 2013-06-14
17. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-06 2013-06-14
7. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-14
18. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-14
2. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-14
20. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-14
3. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-14
13. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2012-12-06 2013-06-14
14. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-06 2013-06-14
23. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-06 2013-06-14
6. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-06 2013-06-14
13. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-03 2013-06-14
15. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-03 2013-06-14
2. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-06 2013-06-14
15. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-06 2013-06-14
6. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-06 2013-06-14
10. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-06 2013-06-14
13. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-06 2013-06-14
10. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-06 2013-06-14
6. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-05-06 2013-06-14
17. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-01-09 2013-06-14
5. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-06 2013-06-14
20. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-06 2013-06-14
8. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-06 2013-06-14
12. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-06 2013-06-14
17. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-06 2013-06-14
14. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-06 2013-06-14
21. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-03 2013-06-14
7. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-03 2013-06-14
14. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-05-03 2013-06-14
8. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-07-06 2013-06-14
19. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-07-06 2013-06-14
6. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-03 2013-06-14
6. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-03 2013-06-14
7. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-03 2013-06-14
5. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-03 2013-06-14
8. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-06 2013-06-14
4. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-06 2013-06-14
16. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-06 2013-06-14
3. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-06 2013-06-14
17. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-06 2013-06-14
3. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-03 2013-06-14
1. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-03 2013-06-14
14. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-03 2013-06-14
10. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-06 2013-06-14
5. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-06 2013-06-14
20. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-06 2013-06-14
3. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-06 2013-06-14
24. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-05-06 2013-06-14
9. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-26 2013-06-14
12. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-26 2013-06-14
25. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-13 2013-06-14
187. VANGUARD FTSE EMERGING MARKETS ETF   2013-05-03 2013-06-14
205. VANGUARD FTSE EMERGING MARKETS ETF   2013-05-06 2013-06-14
34. ISHARES S&P GLOBAL TELECOMM   2012-12-07 2013-06-18
44. ISHARES S&P GLOBAL TELECOMM   2012-07-06 2013-06-18
17. ISHARES S&P GLOBAL TELECOMM   2012-06-27 2013-06-18
5. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-06-26 2013-06-18
62. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2011-10-21 2013-06-18
14. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-01-17 2013-06-18
61. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2011-10-21 2013-06-18
13. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-01-06 2013-06-18
35. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-18
78. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-06-18
13. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-06-18
3. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-07 2013-06-18
59. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-07 2013-06-18
36. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-06 2013-06-18
37. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-06 2013-06-18
1. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-06 2013-06-18
91. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2011-10-21 2013-06-18
310. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-01-13 2013-06-18
122. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2012-06-26 2013-06-18
58. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2011-10-21 2013-06-18
32. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-06 2013-06-18
25. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-18
1. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-18
14. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2013-06-18
24. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2013-05-03 2013-06-18
97. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-01-09 2013-06-18
41. ISHARES TR S&P GL UTILITI ETF [RIC]   2012-01-06 2013-06-18
75. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-07-06 2013-06-18
17. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-01-09 2013-06-18
1. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-06 2013-06-18
22. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2011-10-21 2013-06-18
2. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-06-26 2013-06-18
18. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-06-26 2013-06-18
14. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-06-25 2013-06-18
14. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-06-25 2013-06-18
1. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2012-01-17 2013-06-18
11. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-13 2013-06-18
20. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-25 2013-06-18
20. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-06-25 2013-06-18
12. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-13 2013-06-18
5. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-09 2013-06-18
17. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-09 2013-06-18
52. VANGUARD FTSE EMERGING MARKETS ETF   2013-05-06 2013-06-18
189. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-06 2013-06-18
211. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2013-06-18
213. VANGUARD FTSE EMERGING MARKETS ETF   2013-05-06 2013-06-18
240. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-27 2013-07-18
240. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-27 2013-07-18
69. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2011-08-24 2013-07-18
125. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-27 2013-07-19
115. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2013-03-27 2013-07-19
69. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2011-08-24 2013-07-19
217. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2011-08-24 2013-07-19
164. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2010-09-29 2013-07-19
57. VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF [RIC]   2010-09-29 2013-07-19
49. CURRENCYSHARES AUSTRALIAN DLR TR   2013-04-02 2013-07-30
70. CURRENCYSHARES AUSTRALIAN DLR TR   2013-02-06 2013-07-30
10. ISHARES SILVER TR ISHARES [WHFIT]   2012-12-11 2013-08-02
201. ISHARES SILVER TR ISHARES [WHFIT]   2012-08-28 2013-08-02
87. ISHARES SILVER TR ISHARES [WHFIT]   2013-04-02 2013-08-02
142. ISHARES SILVER TR ISHARES [WHFIT]   2013-04-02 2013-08-02
72. SPDR GOLD TRUST [WHFIT]   2011-04-13 2013-08-02
12. ISHARES S&P GLOBAL TELECOMM   2013-07-19 2013-08-29
11. ISHARES S&P GLOBAL TELECOMM   2013-07-19 2013-08-29
6. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-18 2013-08-29
4. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-18 2013-08-29
2. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-18 2013-08-29
5. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-18 2013-08-29
2. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-18 2013-08-29
10. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-19 2013-08-29
9. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-19 2013-08-29
8. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-29
6. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-29
2. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-29
3. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-29
7. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-29
22. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-19 2013-08-29
20. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-19 2013-08-29
66. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-07-18 2013-08-29
66. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-07-18 2013-08-29
16. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-07-18 2013-08-29
43. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-07-19 2013-08-29
16. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2013-08-29
15. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2013-08-29
16. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-19 2013-08-29
15. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-19 2013-08-29
12. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-19 2013-08-29
11. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-19 2013-08-29
1. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-05-06 2013-08-29
4. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-18 2013-08-29
2. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-18 2013-08-29
4. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-18 2013-08-29
3. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-18 2013-08-29
4. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-18 2013-08-29
4. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-18 2013-08-29
1. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-18 2013-08-29
3. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-18 2013-08-29
4. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-18 2013-08-29
1. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-18 2013-08-29
52. VANGUARD FTSE EMERGING MARKETS ETF   2013-05-06 2013-08-29
14. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-06 2013-08-29
66. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-06 2013-08-29
59. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-06 2013-08-29
18. ISHARES S&P GLOBAL TELECOMM   2013-07-19 2013-08-30
14. ISHARES S&P GLOBAL TELECOMM   2013-07-19 2013-08-30
10. ISHARES S&P GLOBAL TELECOMM   2013-07-19 2013-08-30
10. ISHARES S&P GLOBAL TELECOMM   2013-07-19 2013-08-30
8. ISHARES S&P GLOBAL TELECOMM   2013-07-18 2013-08-30
8. ISHARES S&P GLOBAL TELECOMM   2013-07-18 2013-08-30
4. ISHARES S&P GLOBAL TELECOMM   2013-07-18 2013-08-30
2. ISHARES S&P GLOBAL TELECOMM   2013-07-18 2013-08-30
4. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-18 2013-08-30
2. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-18 2013-08-30
9. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-19 2013-08-30
11. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-19 2013-08-30
8. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-19 2013-08-30
21. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2013-07-19 2013-08-30
4. ISHARES S&P GLBL TECH SECTOR IND FD ETF [RIC]   2012-01-17 2013-08-30
15. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-19 2013-08-30
12. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-19 2013-08-30
3. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-19 2013-08-30
5. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-18 2013-08-30
1. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-18 2013-08-30
4. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-18 2013-08-30
5. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-18 2013-08-30
6. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-18 2013-08-30
2. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2013-07-18 2013-08-30
9. ISHARES TR S&P GLOBAL HEALTHCARE SECTOR ETF [RIC]   2012-01-06 2013-08-30
8. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-30
1. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-30
12. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-07-19 2013-08-30
15. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-07-19 2013-08-30
12. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-07-19 2013-08-30
31. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-07-19 2013-08-30
4. ISHARES S&P GLBL FINLS SECTOR IN ETF [RIC]   2013-05-02 2013-08-30
34. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-19 2013-08-30
21. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-19 2013-08-30
4. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-08-30
7. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-08-30
2. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-05-06 2013-08-30
9. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-18 2013-08-30
1. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-18 2013-08-30
10. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-18 2013-08-30
11. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-18 2013-08-30
5. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2013-07-18 2013-08-30
31. ISHARES TR S&P GLOBAL ENERGY SECTOR INDEX ETF [RIC]   2012-12-06 2013-08-30
253. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2013-07-19 2013-08-30
84. ISHARES TR RUSSELL 2000 INDEX FD ETF [RIC]   2011-10-21 2013-08-30
24. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2013-08-30
18. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2013-08-30
14. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2013-08-30
42. ISHARES TRUST S & P GLOBAL MAT ETF [RIC]   2011-10-21 2013-08-30
25. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-19 2013-08-30
18. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-19 2013-08-30
14. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-19 2013-08-30
14. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-19 2013-08-30
11. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-18 2013-08-30
5. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-18 2013-08-30
11. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-18 2013-08-30
1. ISHARES TR S&P GL UTILITI ETF [RIC]   2013-07-18 2013-08-30
19. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-19 2013-08-30
14. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-19 2013-08-30
4. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-19 2013-08-30
6. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-18 2013-08-30
1. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-18 2013-08-30
5. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-18 2013-08-30
6. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-18 2013-08-30
6. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2013-07-18 2013-08-30
15. ISHARES TRUST S&P GL INDUSTRIALS ETF [RIC]   2012-01-09 2013-08-30
2. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-18 2013-08-30
2. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-18 2013-08-30
7. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-19 2013-08-30
8. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-19 2013-08-30
6. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-19 2013-08-30
20. ISHARES SP 500 GL CONS STAPLES ETF [RIC]   2013-07-19 2013-08-30
1. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-18 2013-08-30
13. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-19 2013-08-30
10. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-19 2013-08-30
8. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-19 2013-08-30
4. ISHARES SP 500 GL CONS DISC ETF [RIC]   2013-07-19 2013-08-30
19. ISHARES SP 500 GL CONS DISC ETF [RIC]   2012-01-09 2013-08-30
50. VANGUARD FTSE EMERGING MARKETS ETF   2012-12-06 2013-08-30
116. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2013-08-30
169. VANGUARD FTSE EMERGING MARKETS ETF   2011-10-21 2013-08-30
280. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2013-04-02 2013-09-05
81. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2013-04-02 2013-09-05
101. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2013-04-02 2013-09-05
46. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2011-04-13 2013-09-05
229. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2011-04-13 2013-09-05
66. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2011-04-13 2013-09-06
136. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2011-04-13 2013-09-06
268. JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN [NQDI]   2011-04-13 2013-09-06
2028.348 TCW FDS INC EMERGING MKTS INCOME FD CL I   2012-10-04 2013-09-06
2312.798 TCW FDS INC EMERGING MKTS INCOME FD CL I   2013-04-02 2013-09-06
(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 14,759   16,572 -1,813
b 13,031   12,649 382
c 25,941   25,628 313
d 24,094   23,802 292
e 17,682   19,137 -1,455
1,048   968 80
1,318   1,217 101
1,265   1,251 14
1,024   973 51
2,241   2,118 123
1,088   1,023 65
1,292   1,206 86
681   635 46
1,498   1,386 112
2,047   1,847 200
1,057   945 112
661   590 71
1,190   1,055 135
1,190   1,052 138
66   58 8
363   361 2
3,672   3,654 18
283   281 2
242   241 1
2,099   2,022 77
15,040   14,466 574
794   803 -9
1,831   1,837 -6
1,592   1,592  
735   735  
245   243 2
61   60 1
260   268 -8
2,038   1,954 84
2,216   2,120 96
1,656   1,581 75
107   102 5
748   714 34
1,233   1,173 60
1,340   1,269 71
1,121   1,059 62
598   550 48
75   69 6
149   137 12
523   480 43
2,392   2,196 196
1,482   1,367 115
1,245   1,143 102
59   54 5
2,551   2,329 222
1,334   1,203 131
1,920   1,686 234
914   800 114
2,252   1,962 290
8,612   8,204 408
1,357   1,271 86
1,852   1,780 72
298   286 12
358   343 15
1,486   1,431 55
536   515 21
200   189 11
1,133   1,069 64
199   189 10
464   440 24
857   816 41
923   879 44
264   251 13
920   815 105
920   815 105
66   57 9
460   400 60
981   857 124
2,280   2,000 280
130   114 16
130   114 16
261   228 33
2,442   2,372 70
718   700 18
1,192   1,167 25
1,192   1,166 26
199   194 5
3,797   3,697 100
15,187   14,191 996
2,939   2,777 162
2,043   1,928 115
9,968   9,329 639
2,615   2,443 172
5,630   5,269 361
326   305 21
2,289   2,297 -8
481   483 -2
301   297 4
2,100   2,076 24
480   474 6
1,080   1,039 41
691   663 28
603   580 23
1,847   1,782 65
129   124 5
2,008   1,929 79
686   660 26
53   51 2
263   254 9
1,787   1,684 103
368   347 21
890   824 66
1,113   1,029 84
666   618 48
1,107   1,029 78
1,033   957 76
295   274 21
1,993   1,841 152
117   108 9
759   704 55
1,048   974 74
873   811 62
233   216 17
1,132   995 137
1,407   1,236 171
81   71 10
582   509 73
580   509 71
161   141 20
1,782   1,565 217
353   310 43
417   366 51
11,485   10,883 602
2,096   1,982 114
1,506   1,427 79
3,004   2,855 149
9,057   8,604 453
2,922   2,775 147
5,203   5,075 128
5,084   4,904 180
5,273   5,258 15
5,221   5,133 88
30,325   30,264 61
12,147   12,121 26
6,116   6,102 14
13,931   13,896 35
4,077   4,065 12
58,259   58,179 80
48,931   48,820 111
553,054   155 552,899
95,250   27 95,223
689   651 38
13,819   12,658 1,161
1,524   1,434 90
982   921 61
289   271 18
289   271 18
1,241   1,149 92
718   665 53
1,585   1,459 126
1,411   1,297 114
296   285 11
6,743   5,995 748
4,335   3,854 481
4,215   3,736 479
7,887   6,931 956
2,469   2,151 318
4,335   3,760 575
1,144   986 158
173   162 11
207   207  
172   165 7
53,449   52,827 622
111   106 5
114   115 -1
15,645   15,193 452
15,499   14,861 638
221   221  
162   169 -7
14,827   14,801 26
137   125 12
61,255   59,623 1,632
81,096   76,591 4,505
60,981   59,552 1,429
57,063   57,499 -436
89,811   93,181 -3,370
6,195   5,979 216
3,878   3,705 173
43,212   40,119 3,093
5,646   6,262 -616
2,136   2,080 56
1,056   1,033 23
13,762   12,824 938
3,798   3,640 158
8,934   7,832 1,102
986   955 31
3,501   2,895 606
18,679   18,063 616
695   678 17
29,753   27,930 1,823
50,804   43,139 7,665
32,668   31,571 1,097
32,767   26,432 6,335
649   636 13
2,203   2,165 38
715   702 13
1,311   1,284 27
1,461   1,434 27
1,113   1,073 40
418   402 16
1,254   1,206 48
209   200 9
581   521 60
1,308   1,172 136
1,090   977 113
218   195 23
1,528   1,366 162
582   520 62
2,115   2,060 55
1,599   1,554 45
4,416   3,863 553
11,368   9,938 1,430
3,006   2,626 380
15,343   13,375 1,968
118   119 -1
947   955 -8
594   597 -3
237   239 -2
2,555   2,508 47
43   42 1
1,834   1,782 52
1,059   974 85
1,118   1,028 90
649   595 54
1,120   1,024 96
118   108 10
1,386   1,314 72
1,386   1,286 100
245   226 19
1,144   1,057 87
1,226   1,131 95
467   423 44
1,669   1,510 159
334   302 32
736   664 72
1,070   965 105
134   121 13
5,694   5,641 53
27,359   26,075 1,284
199   176 23
2,204   1,953 251
271   239 32
1,123   986 137
1,033   906 127
1,535   1,605 -70
6,098   6,164 -66
3,122   3,147 -25
2,309   2,324 -15
1,316   1,283 33
1,316   1,283 33
1,256   1,223 33
1,555   1,513 42
538   523 15
1,880   1,804 76
1,323   1,270 53
1,254   1,201 53
1,323   1,267 56
1,026   910 116
1,319   1,170 149
2,124   1,884 240
2,491   1,941 550
1,359   1,321 38
1,759   1,687 72
1,639   1,570 69
19,636   17,068 2,568
7,647   6,646 1,001
18,126   14,651 3,475
1,186   1,193 -7
1,424   1,431 -7
172   166 6
3,140   3,009 131
2,452   2,348 104
1,004   917 87
1,122   1,024 98
1,122   1,022 100
2,538   2,129 409
1,234   1,131 103
1,892   1,734 158
1,234   1,131 103
987   904 83
1,727   1,436 291
938   844 94
1,072   962 110
402   324 78
536   432 104
670   541 129
2,077   1,676 401
268   215 53
363   318 45
1,378   1,207 171
1,396   1,222 174
870   675 195
2,284   1,772 512
3,258   3,271 -13
3,687   3,695 -8
10,375   10,375  
5,184   6,277 -1,093
560   612 -52
1,401   1,530 -129
5,772   6,273 -501
1,971   2,091 -120
893   675 218
7,066   5,335 1,731
6,657   4,829 1,828
8,702   6,297 2,405
12,812   9,115 3,697
4,128   2,937 1,191
9,502   6,761 2,741
1,878   1,336 542
744   529 215
2,789   1,985 804
1,590   1,510 80
24,022   21,741 2,281
4,768   5,081 -313
7,596   7,569 27
1,904   1,934 -30
20,458   20,290 168
4,777   4,823 -46
45,590   45,516 74
51,288   51,200 88
47,206   47,184 22
4,018   4,016 2
11,637   11,627 10
14,232   14,218 14
2,672   3,732 -1,060
6,254   7,776 -1,522
792   831 -39
792   831 -39
305   319 -14
1,869   1,880 -11
1,006   1,012 -6
995   1,002 -7
1,071   1,078 -7
612   616 -4
2,355   2,397 -42
2,067   2,113 -46
557   569 -12
30,509   29,462 1,047
8,958   8,648 310
571   596 -25
1,370   1,430 -60
399   417 -18
693   746 -53
693   746 -53
130   140 -10
1,274   1,278 -4
1,274   1,276 -2
364   364  
984   1,029 -45
984   1,029 -45
1,067   1,064 3
1,067   1,064 3
854   851 3
8,964   9,835 -871
2,460   2,690 -230
61   64 -3
488   511 -23
610   638 -28
183   191 -8
916   955 -39
305   318 -13
854   890 -36
549   572 -23
671   699 -28
976   929 47
934   940 -6
719   722 -3
503   506 -3
1,221   1,227 -6
72   72  
1,150   1,155 -5
1,222   1,227 -5
287   289 -2
1,005   1,010 -5
215   200 15
1,292   1,197 95
72   63 9
385   385  
770   769 1
230   231 -1
1,151   1,149 2
384   383 1
998   996 2
77   77  
1,535   1,532 3
537   400 137
1,229   913 316
922   684 238
803   816 -13
1,252   1,275 -23
1,301   1,326 -25
1,900   1,938 -38
1,897   1,938 -41
679   691 -12
120   122 -2
1,316   1,339 -23
40   41 -1
1,394   1,420 -26
635   649 -14
1,390   1,419 -29
119   122 -3
1,234   1,256 -22
876   890 -14
2,346   2,281 65
41,445   40,287 1,158
4,790   3,739 1,051
4,105   3,199 906
977   1,013 -36
402   417 -15
1,031   1,071 -40
115   119 -4
1,146   1,189 -43
172   178 -6
745   772 -27
802   832 -30
1,317   1,366 -49
344   356 -12
569   606 -37
657   698 -41
88   92 -4
655   692 -37
262   277 -15
437   461 -24
567   600 -33
436   461 -25
262   277 -15
742   700 42
305   304 1
1,216   1,215 1
486   486  
729   728 1
1,033   1,032 1
850   850  
1,275   1,274 1
425   425  
849   850 -1
485   396 89
1,153   936 217
495   514 -19
494   514 -20
576   599 -23
412   428 -16
659   681 -22
329   340 -11
1,316   1,361 -45
247   255 -8
1,398   1,446 -48
214   213 1
71   71  
997   993 4
712   709 3
356   355 1
1,424   1,417 7
214   213 1
1,711   1,699 12
642   484 158
857   646 211
1,785   1,337 448
7,420   8,247 -827
8,134   9,023 -889
2,103   1,973 130
2,721   2,518 203
1,051   958 93
366   314 52
4,533   3,866 667
1,024   872 152
4,717   3,478 1,239
1,005   734 271
1,778   1,787 -9
3,957   3,975 -18
524   526 -2
121   115 6
2,378   2,257 121
1,451   1,377 74
1,492   1,415 77
40   38 2
9,013   6,932 2,081
30,705   23,596 7,109
12,084   9,263 2,821
5,745   4,375 1,370
1,842   1,901 -59
1,439   1,485 -46
58   59 -1
806   830 -24
1,381   1,424 -43
4,285   3,996 289
1,811   1,687 124
4,618   3,695 923
1,047   834 213
83   85 -2
1,829   1,505 324
166   137 29
1,497   1,226 271
1,164   951 213
1,164   950 214
83   67 16
799   588 211
1,453   1,069 384
1,453   1,068 385
872   640 232
363   265 98
1,235   868 367
2,083   2,289 -206
7,570   8,102 -532
8,451   8,366 85
8,531   9,375 -844
19,427   20,072 -645
19,420   20,334 -914
5,583   5,742 -159
10,137   10,731 -594
9,326   9,867 -541
5,596   5,820 -224
17,598   18,059 -461
13,300   13,537 -237
4,622   4,702 -80
4,445   5,125 -680
6,350   7,229 -879
191   319 -128
3,835   6,022 -2,187
1,660   2,309 -649
2,709   3,769 -1,060
9,101   9,847 -746
729   732 -3
669   671 -2
435   442 -7
290   294 -4
145   147 -2
363   367 -4
145   147 -2
772   783 -11
697   704 -7
402   415 -13
301   311 -10
101   104 -3
151   155 -4
352   363 -11
888   897 -9
807   815 -8
6,717   6,887 -170
6,745   6,887 -142
1,629   1,670 -41
4,378   4,484 -106
910   949 -39
855   890 -35
675   700 -25
631   656 -25
736   754 -18
676   691 -15
80   85 -5
319   333 -14
159   166 -7
320   333 -13
240   250 -10
295   303 -8
295   303 -8
74   76 -2
222   227 -5
296   303 -7
74   76 -2
1,956   2,275 -319
527   597 -70
2,494   2,812 -318
2,205   2,514 -309
1,090   1,099 -9
845   854 -9
604   610 -6
603   610 -7
483   487 -4
483   486 -3
241   243 -2
121   122 -1
289   294 -5
145   147 -2
650   648 2
792   792  
576   576  
1,512   1,511 1
288   249 39
1,154   1,174 -20
921   939 -18
230   235 -5
383   390 -7
77   78 -1
307   312 -5
384   389 -5
460   467 -7
154   156 -2
691   508 183
401   414 -13
50   52 -2
601   620 -19
747   775 -28
597   620 -23
1,545   1,603 -58
199   204 -5
1,365   1,386 -21
842   856 -14
160   163 -3
280   285 -5
80   81 -1
361   365 -4
40   41 -1
401   406 -5
441   446 -5
201   203 -2
1,243   1,184 59
25,452   26,384 -932
8,450   6,336 2,114
1,359   1,423 -64
1,017   1,068 -51
792   830 -38
2,378   2,491 -113
1,051   1,094 -43
755   788 -33
588   613 -25
587   613 -26
461   480 -19
210   218 -8
461   480 -19
42   44 -2
1,162   1,193 -31
853   879 -26
243   251 -8
365   376 -11
61   63 -2
305   313 -8
366   375 -9
366   375 -9
914   736 178
159   166 -7
159   166 -7
557   582 -25
636   665 -29
477   499 -22
1,590   1,663 -73
73   76 -3
954   982 -28
731   755 -24
584   604 -20
292   302 -10
1,388   970 418
1,884   2,130 -246
4,372   4,599 -227
6,359   6,701 -342
12,400   12,807 -407
3,593   3,705 -112
4,472   4,620 -148
2,037   1,740 297
10,148   8,664 1,484
2,924   2,497 427
6,008   5,146 862
11,868   10,140 1,728
16,572   18,762 -2,190
18,896   21,347 -2,451
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       -1,813
b       382
c       313
d       292
e       -1,455
      80
      101
      14
      51
      123
      65
      86
      46
      112
      200
      112
      71
      135
      138
      8
      2
      18
      2
      1
      77
      574
      -9
      -6
       
       
      2
      1
      -8
      84
      96
      75
      5
      34
      60
      71
      62
      48
      6
      12
      43
      196
      115
      102
      5
      222
      131
      234
      114
      290
      408
      86
      72
      12
      15
      55
      21
      11
      64
      10
      24
      41
      44
      13
      105
      105
      9
      60
      124
      280
      16
      16
      33
      70
      18
      25
      26
      5
      100
      996
      162
      115
      639
      172
      361
      21
      -8
      -2
      4
      24
      6
      41
      28
      23
      65
      5
      79
      26
      2
      9
      103
      21
      66
      84
      48
      78
      76
      21
      152
      9
      55
      74
      62
      17
      137
      171
      10
      73
      71
      20
      217
      43
      51
      602
      114
      79
      149
      453
      147
      128
      180
      15
      88
      61
      26
      14
      35
      12
      80
      111
      552,899
      95,223
      38
      1,161
      90
      61
      18
      18
      92
      53
      126
      114
      11
      748
      481
      479
      956
      318
      575
      158
      11
       
      7
      622
      5
      -1
      452
      638
       
      -7
      26
      12
      1,632
      4,505
      1,429
      -436
      -3,370
      216
      173
      3,093
      -616
      56
      23
      938
      158
      1,102
      31
      606
      616
      17
      1,823
      7,665
      1,097
      6,335
      13
      38
      13
      27
      27
      40
      16
      48
      9
      60
      136
      113
      23
      162
      62
      55
      45
      553
      1,430
      380
      1,968
      -1
      -8
      -3
      -2
      47
      1
      52
      85
      90
      54
      96
      10
      72
      100
      19
      87
      95
      44
      159
      32
      72
      105
      13
      53
      1,284
      23
      251
      32
      137
      127
      -70
      -66
      -25
      -15
      33
      33
      33
      42
      15
      76
      53
      53
      56
      116
      149
      240
      550
      38
      72
      69
      2,568
      1,001
      3,475
      -7
      -7
      6
      131
      104
      87
      98
      100
      409
      103
      158
      103
      83
      291
      94
      110
      78
      104
      129
      401
      53
      45
      171
      174
      195
      512
      -13
      -8
       
      -1,093
      -52
      -129
      -501
      -120
      218
      1,731
      1,828
      2,405
      3,697
      1,191
      2,741
      542
      215
      804
      80
      2,281
      -313
      27
      -30
      168
      -46
      74
      88
      22
      2
      10
      14
      -1,060
      -1,522
      -39
      -39
      -14
      -11
      -6
      -7
      -7
      -4
      -42
      -46
      -12
      1,047
      310
      -25
      -60
      -18
      -53
      -53
      -10
      -4
      -2
       
      -45
      -45
      3
      3
      3
      -871
      -230
      -3
      -23
      -28
      -8
      -39
      -13
      -36
      -23
      -28
      47
      -6
      -3
      -3
      -6
       
      -5
      -5
      -2
      -5
      15
      95
      9
       
      1
      -1
      2
      1
      2
       
      3
      137
      316
      238
      -13
      -23
      -25
      -38
      -41
      -12
      -2
      -23
      -1
      -26
      -14
      -29
      -3
      -22
      -14
      65
      1,158
      1,051
      906
      -36
      -15
      -40
      -4
      -43
      -6
      -27
      -30
      -49
      -12
      -37
      -41
      -4
      -37
      -15
      -24
      -33
      -25
      -15
      42
      1
      1
       
      1
      1
       
      1
       
      -1
      89
      217
      -19
      -20
      -23
      -16
      -22
      -11
      -45
      -8
      -48
      1
       
      4
      3
      1
      7
      1
      12
      158
      211
      448
      -827
      -889
      130
      203
      93
      52
      667
      152
      1,239
      271
      -9
      -18
      -2
      6
      121
      74
      77
      2
      2,081
      7,109
      2,821
      1,370
      -59
      -46
      -1
      -24
      -43
      289
      124
      923
      213
      -2
      324
      29
      271
      213
      214
      16
      211
      384
      385
      232
      98
      367
      -206
      -532
      85
      -844
      -645
      -914
      -159
      -594
      -541
      -224
      -461
      -237
      -80
      -680
      -879
      -128
      -2,187
      -649
      -1,060
      -746
      -3
      -2
      -7
      -4
      -2
      -4
      -2
      -11
      -7
      -13
      -10
      -3
      -4
      -11
      -9
      -8
      -170
      -142
      -41
      -106
      -39
      -35
      -25
      -25
      -18
      -15
      -5
      -14
      -7
      -13
      -10
      -8
      -8
      -2
      -5
      -7
      -2
      -319
      -70
      -318
      -309
      -9
      -9
      -6
      -7
      -4
      -3
      -2
      -1
      -5
      -2
      2
       
       
      1
      39
      -20
      -18
      -5
      -7
      -1
      -5
      -5
      -7
      -2
      183
      -13
      -2
      -19
      -28
      -23
      -58
      -5
      -21
      -14
      -3
      -5
      -1
      -4
      -1
      -5
      -5
      -2
      59
      -932
      2,114
      -64
      -51
      -38
      -113
      -43
      -33
      -25
      -26
      -19
      -8
      -19
      -2
      -31
      -26
      -8
      -11
      -2
      -8
      -9
      -9
      178
      -7
      -7
      -25
      -29
      -22
      -73
      -3
      -28
      -24
      -20
      -10
      418
      -246
      -227
      -342
      -407
      -112
      -148
      297
      1,484
      427
      862
      1,728
      -2,190
      -2,451
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 2 755,965
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2011 342,573 5,127,023 0.066817
2010 159,172 5,451,123 0.0292
2009 186,595 4,430,454 0.042116
2008 61,415 3,383,717 0.01815
2007 285,375 5,147,957 0.055435
2 Total of line 1, column (d) ...................... 2 0.211718
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 0.042344
4 Enter the net value of noncharitable-use assets for 2012 from Part X, line 5..... 4 6,942,023
5 Multiply line 4 by line 3....................... 5 293,953
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 8,887
7 Add lines 5 and 6......................... 7 302,840
8 Enter qualifying distributions from Part XII, line 4.............. 8 358,244
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 8,887
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 8,887
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,887
6 Credits/Payments:
a 2012 estimated tax payments and 2011 overpayment credited to 2012 6a 1,300
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 11,300
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,413
11 Enter the amount of line 10 to be: Credited to 2013 estimated taxBullet2,413 Refunded Bullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    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.Click to see attachment
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletFIFTH THIRD BANK Telephone no.bullet (616) 653-5266
    Located atbullet111 LYON ST NWGRAND RAPIDSMI ZIP+4bullet49503
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2012, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2012?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2012, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2012?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If “Yes,” did it have excess business holdings in 2012 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2012.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2012?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JANE N WELCH PRESIDENT
    1     		0    
    732 ST GEORGES CT
    NAPLES,FL34110
    CHARLES B WELCH TREASURER
    1     		0    
    2800 N ORCHARD ST UNIT 403
    CHICAGO,IL60657
    THOMAS BRAD WELCH VICE PRESIDENT
    1     		0    
    7379 THORNAPPLE PINES DR SE
    GRAND RAPIDS,MI49546
    ELIZABETH WELCH LYKINS SECRETARY
    1     		0    
    955 CAMBRIDGE SE
    GRAND RAPIDS,MI49506
    JOHN WELCH TRUSTEE
    1     		0    
    1792 NE 22ND AVE
    JENSEN BEACH,FL34957
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    7,047,739
    b
    Average of monthly cash balances.......................
    1b
    0
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,047,739
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    7,047,739
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see
    instructions) .............................
    4
    105,716
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    6,942,023
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    347,101
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    347,101
    2a
    Tax on investment income for 2012 from Part VI, line 5......
    2a
    8,887
    b
    Income tax for 2012. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    8,887
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    338,214
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    338,214
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    338,214
    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
    358,244
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    358,244
    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
    8,887
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    349,357
    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 7 338,214
    2 Undistributed income, if any, as of the end of 2012:
    a Enter amount for 2011 only....... 0
    b Total for prior years:2010, 20, 20 0
    3 Excess distributions carryover, if any, to 2012:
    a From 2007....... 0
    b From 2008....... 0
    c From 2009....... 0
    d From 2010....... 0
    e From 2011....... 8,714
    fTotal of lines 3a through e......... 8,714
    4Qualifying distributions for 2012 from Part
    XII, line 4: bullet$ 358,244
    a Applied to 2011, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		0
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		0
    d Applied to 2012 distributable amount..... 338,214
    e Remaining amount distributed out of corpus 20,030
    5 Excess distributions carryover applied to 2012. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 28,744
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2011. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2012. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2013 ..........     		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) .............     		0
    8Excess distributions carryover from 2007 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2013.
    Subtract lines 7 and 8 from line 6a ......     		28,744
    10 Analysis of line 9:
    a Excess from 2008.... 0
    b Excess from 2009.... 0
    c Excess from 2010.... 0
    d Excess from 2011.... 8,714
    e Excess from 2012.... 20,030
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2012)
    Form 990-PF (2012)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    BRAINS FOUNDATION
    3351 EAGLE RUN DRIVE NE
    GRAND RAPIDS,MI49525     		NONE 501(C)(3) DONATION 5,000
    JOANNE'S HOUSE AT HOPE HOSPICE
    27200 IMPERIAL PARKWAY
    BONITA SPRINGS,FL34135     		NONE 501(C)(3) DONATION 10,000
    YOUNG LIFE COLLIER COUNTY
    PO BOX 112481
    NAPLES,FL34108     		NONE 501(C)(3) GENERAL CONTRIBUTION 10,000
    SUNSHINE AFTER RAIN MINISTRIES
    10024 REGAL PARK LANE
    DALLAS,TX75230     		NONE 501(C)(3) WOUNDED WARRIORS 10,000
    MICHIGAN LEAGUE OF
    CONSERVATION VOTERS
    40 MONROE CTR STE 200
    GRAND RAPIDS,MI49503     		NONE 501(C)(4) GENERAL CONTRIBUTION 5,000
    YMCA - GRAND RAPIDS
    40 MONROE CTR NW
    GRAND RAPIDS,MI495032909     		NONE 501(C)(3) GENERAL CONTRIBTION 40,000
    DA BLODGETT SERVICES
    FOR CHILDREN
    805 LEONARD ST NE
    GRAND RAPIDS,MI49503     		NONE 501(C)(3) UNRESTRICTED GIFT 7,500
    CAMP HENRY
    47 JEFFERSON AVE SE
    GRAND RAPIDS,MI49503     		NONE 501(C)(3) UNRESTRICTED GIFT 10,000
    WEDGWOOD CHRISTIAN SERVIC
    3300 36TH SE
    GRAND RAPIDS,MI49509     		NONE 501(C)(3) LIGHTHOUSE SCHOOL ACADEMY 10,000
    HOME REPAIR SERVICES
    1100 S DIVISION AVE
    GRAND RAPIDS,MI49507     		NONE 501(C)(3) MAKING IT HOME AUCTION 7,500
    EAST GRAND RAPIDS SCHOOLS
    2915 HALL ST SE
    GRAND RAPIDS,MI49506     		NONE 501(C)(3) UNRESTRICTED GIFT 40,000
    GERENTOLOGY NETWORK
    500 CHERRY ST SE
    GRAND RAPIDS,MI49503     		NONE 501(C)(3) UNRESTRICTED GIFT 5,000
    GRAND RAPIDS COMMUNITY FOUNDATION
    185 OAKES STREET SW
    GRAND RAPIDS,MI495034008     		NONE 501(C)(3) GENERAL CONTRIBUTION 40,000
    JOHN BALL ZOOLOGICAL SOCIETY
    1300 WEST FULTON ST
    GRAND RAPIDS,MI49504     		NONE 501(C)(3) GENERAL CONTRIBUTION 25,000
    GOODWILL INDUSTRIES OF
    GREATER GRAND RAPIDS
    3035 PRAIRIE ST
    GRANDVILLE,MI49418     		NONE 501(C)(3) GENERAL CONTRIBUTION 5,000
    MINNEAPOLIS HEART
    INSTITUTE FOUNDATION
    920 E 28TH ST
    MINNEAPOLIS,MN55407     		NONE 501(C)(3) RESEARCH & EDUCATION 20,000
    HUMANE SOCIETY OF COLLIER CNTY
    370 AIRPORT-PULLING RD N
    NAPLES,FL34104     		NONE 501(C)(3) DONATION 5,000
    ST MARY'S EPISCOPAL CHURCH
    9801 BONITA BEACH
    BONITA SPRINGS,FL34135     		NONE 501(C)(3) GENERAL DONATION 5,000
    WEST MICHIGAN CENTER
    FOR ARTS & TECHNOLOGY
    98 E FULTON ST
    GRAND RAPIDS,MI49503     		NONE 501(C)(3) CAPITAL CAMPAIGN FUND 75,000
    UNIVERSITY OF TEXAS
    MD ANDERSON CANCER CTR
    1515 HOLCOMBE BLVD
    HOUSTON,MI770304009     		NONE 501(C)(3) AUDUBON CARES FUNDRAISER 2,500
    MISSION ARLINGTON
    MISSION METROPLEX INC
    210 W SOUTH STREET
    ARLINGTON,TX76010     		NONE 501(C)3 CHARITABLE CONTRIBUTION 20,000
    Total .................................bullet 3a 357,500
    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          
    4 Dividends and interest from securities....       0 168,345
    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       0 755,965
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: aFED EXCISE TAX REF         4,803
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   0 929,113
    13Total. Add line 12, columns (b), (d), and (e)..................
    13929,113
    (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.)
    4 INVESTMENT INCOME EARNED BY THIS TRUST
    8 IS USED TO MAKE CHARITABLE CONTRIBUTIONS.
    11 .
    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)
    Yes
     
    (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
    1a(1) 5,000 MICH LEAGUE OF CONSERVATION VOTERS CASH
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2012)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2012
    Name of the organization
    JAMES AND JANE WELCH FOUNDATION
     
    Employer identification number

    38-2927749
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 2
    Name of organization
    JAMES AND JANE WELCH FOUNDATION
          		Employer identification number

    38-2927749
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    J C WELCH SETTLEMENT TRUST
     

         
    111 LYON ST NW
       
    GRAND RAPIDS, MI   49503

    		$1,133,858


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  


    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 3
    Name of organization
    JAMES AND JANE WELCH FOUNDATION
          		Employer identification number

    38-2927749
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
    Page 4
    Name of organization
    JAMES AND JANE WELCH FOUNDATION
          		Employer identification number

    38-2927749
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2012 AccountingFeesSchedule
    Name:
    JAMES AND JANE WELCH FOUNDATION
    EIN: 38-2927749
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX PREPARATION FEE 750 375   375

    TY 2012 InvestmentsCorpStockSchedule
    Name:
    JAMES AND JANE WELCH FOUNDATION
    EIN: 38-2927749
    Name of Stock End of Year Book Value End of Year Fair Market Value
    STEELCASE INC CLASS A 1,336 2,590,526

    TY 2012 InvestmentsOtherSchedule2
    Name:
    JAMES AND JANE WELCH FOUNDATION
    EIN: 38-2927749
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DOUBLELINE FDS TOTAL RETURN BD AT COST 125,437 121,843
    FPA CRESCENT PORTFOLIO-I AT COST 56,950 67,996
    ISHARES 1-3 YEAR TREASURY BD AT COST 17,511 17,570
    PIMCO REAL RETURN FUND AT COST 50,845 48,078
    PIMCO HIGH YIELD FUND AT COST 78,738 80,308
    T ROWE HIGH YIELD FD AT COST 78,138 81,698
    TCW FDS EMERG MKTS INCOME FD AT COST 38,781 36,560
    VANGUARD BD INDX FD INC AT COST 486,356 482,530
    AMERICAN FD CAPITAL WORLD AT COST 148,181 162,131
    ISHARES TR DOW JONES SELECT AT COST 52,469 55,195
    ISHARES S&P GLOBAL TELECOMM AT COST 43,657 51,472
    ISHARES S&P GLBL TECH SECTOR AT COST 37,717 49,687
    ISHARES S&P GLOBAL HEALTHCARE AT COST 32,879 49,271
    ISHARES TR S&P GLOBAL ENERGY AT COST 41,523 48,281
    ISHARES RUSSELL 2000 INDX FD AT COST 146,687 216,525
    ISHARES TR S&P GL UTILITIES AT COST 45,735 49,440
    ISHARES TR S&P GL INDUSTRIALS AT COST 35,789 51,165
    ISHARES S&P 500 GL CONS STAPLE AT COST 38,324 49,452
    ISHARES S&P 500 GL CONS DISC AT COST 31,380 50,856
    RIDGEWORTH FDS MIDCAP VAL EQ AT COST 49,702 56,641
    VANGUARD FTSE EMERG MKTS AT COST 143,219 147,496
    YACKTMAN FD FOCUSED FD AT COST 69,704 91,171
    ISHARES TR S&P GLBL MAT AT COST 100,222 100,129
    THE MERGER FUND AT COST 87,382 88,776
    PIMCO FDS ADV TTL STRG D AT COST 97,948 88,194
    TFS CAP INVT MKT NEUTRAL AT COST 84,933 87,784
    VANGUARD REIT ETF AT COST 36,845 37,105
    BARCLAYS 0-5 YR TIPS ISHARES AT COST 79,976 78,384
    NUVEEN HIGH YIELD MUNI BD AT COST 79,690 73,365
    PERMANENT PORTFOLIO FD AT COST 17,234 16,595
    POWERSHARES EXCHANGE-TRADED FD AT COST 43,261 43,680
    ROYCE SPECIAL EQUITY FD AT COST 40,446 47,827
    WINTERGREEN FD AT COST 78,670 87,398
    AQR FDS RISK PARITY FD CL I AT COST 59,493 59,813
    POWERSHARES DB COMMODITY IND AT COST 31,697 29,057
    ISHARES TR DJ EPAC DIVIDE AT COST 103,265 111,209
    ALLIANCE BERSTEIN MUNI BD FD AT COST 40,682 38,981
    ISHARES BARCLAYS TIPS BOND FD AT COST 17,569 17,563
    POWERSHARES EXCHANGE-TR II AT COST 35,535 35,342
    VANGUARD SHORT-TERM T/E FD AT COST 82,155 81,742
    VANGUARD INTRMDT-TERM T/E FD AT COST 122,382 117,190
    VANGUARD LTD TERM T/E FD AT COST 161,966 159,932
    BARCLAYS BK IPATH DYNAMIC VIX AT COST 73,279 70,207
    BARCLAYS BK IPATH S&P MLP ETN AT COST 53,399 54,400
    ISHARES S&P GLBL FINLS SECTOR AT COST 48,695 50,233
    ISHARES MSCI EAFE INDEX FD AT COST 21,742 22,458
    ISHARES MSCI ACWI INDEX AT COST 64,023 67,993
    VANGUARD UTILITIES AT COST 78,147 76,804
    AQR MULTI STRATEGY ALT FD I AT COST 41,492 40,796
    AQR MANAGED FUTURES STR I AT COST 21,844 20,720
    BARCLAYS ETN S&P 500 DYNAMIC AT COST 101,349 103,898
    BARCLAYS BK IPATH S&P 500 VIX AT COST 6,780 6,150
    PIMCO ALL ASSET ALL AUTH FD AT COST 43,381 40,330
    ING INTL REAL ESTATE CL W AT COST 25,760 26,014

    TY 2012 OtherExpensesSchedule
    Name:
    JAMES AND JANE WELCH FOUNDATION
    EIN: 38-2927749
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE FEES 24,850 24,850   0
    OTHER MISC CHARITABLE EXPENSES 20 0   20


    TY 2012 OtherIncomeSchedule2
    Name:
    JAMES AND JANE WELCH FOUNDATION
    EIN: 38-2927749
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FED EXCISE TAX REFUND 4,803 0  


    TY 2012 SubstantialContributorsSch
    Name:
    JAMES AND JANE WELCH FOUNDATION
    EIN: 38-2927749
    Name Address
    J C WELCH SETTLEMENT TRUST
          		111 LYON ST NW
    GRAND RAPIDS,MI49503


    TY 2012 TaxesSchedule
    Name:
    JAMES AND JANE WELCH FOUNDATION
    EIN: 38-2927749
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES ON QUALIFIED FOR 1,405 1,405   0
    FOREIGN TAXES PAID - NQDI 383 383   0