990-PF Return of Private Foundation 2010990s.foundationcenter.org/990pf_pdf_archive/342/342045905/... · $ 2, 630, 484. J Accounting method. X Cash Accrual Other (specify) ... c Gross

1

Form 990-PF

Department of the TreasuryInternal Revenue Service

Return of Private Foundationor Section 4947(aXl) 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 requu

For calendar year 2010 , or tax year beginnin g 2010, and ending

C

G Check all that apply

H

Initial return Initial Return of a former public charity Final return

Amended return Address change Name change

THE VENVERLOH FAMILY FOUNDATIONA Employer identification number

34-204590567 MARYMONT AVEATHERTON , CA 94027

B Telephone number (see the instructions)

( 650) 620-9192C If exemption application is pending, check here

D 1 Foreign organizations , check here HH Check type of organization X Section 501 (c)(3exempt private foundation

_FJ Section 4947 (a )( 1 ) nonexem p t charitable trust Other taxable p rivate foundation

2 Foreign organizations meeting the 85% test, check qhere and attach computation

Fair market value of all assets at end of year(from Part //, column (c), !me 16)

$ 2 , 630 , 484 .

J Accounting method . X Cash Accrual

Other ( specify) _ _ _ _ _ _ _ _ _ _ _ _ _

Part 1 , column (d) must be on cash basis

E If private foundation status was terminatedunder section 507(b)( 1)(A), check here

F If the foundation is in a 60-month terminationunder section 507 b) 1 B , check here

Part I Analysis of Revenue andExpenses (The total of amounts incolumns (b), (c), and (d) may not neces -sarily equal the amounts in column (a)see the instructions

(a) Revenue andexpenses per books

(b) Net investmentincome

(c) Adjusted netincome

(d) Disbursementsfor charitablepurposes

(cash basis only)

1 Contributions , gifts, grants , etc, received (att sch)

2 Ck I' FRI if the foundn is not req to att Sch B

3 Interest on savings and temporarycash investments 7 , 246. 7 , 246. 7 , 246.

4 Dividends and interest from securities 52 , 152. 52 , 152. 52 , 152.5a Gross rents

b Netlrentalincome

R 6a Net gain /( loss) from sale of assets not on line 10 194.EV

b Gross sales price for all 239 , 656.assets on line 6a

E 7 Capital gain net income (from Part IV, line 2) 194.N 8 Net short - term capital gain 194.U 9 IncomE 10a returns a d

less

allowanc s

EC

ENEDb Less C l^

goods s dP^

c Gross p loss ) chi 711 Other 'V me (attach sche e)

i

12 Total dd I o , 1 59 , 592 . 59 , 592. 59 , 592.13 Compensation of officers ue Ll .

14 Other employee salaries and wages

15 Pension plans, employee benefits

A 16a Legal fees ( attach schedule)

M b Accounting fees (attach sch)

IN c Other prof fees (attach sch) SEE ST 1 9 , 385. 9 , 385. 9,385,0 1 17 Interest

= ETR

18 Taxes (attach schedulexsee instr ) SEE STM 2 743. 743. 743.

AA

T T19 Depreciation (attach

sch) and depletion_'N v 20 OccupancyG E 21 Travel, conferences , and meetings'A E 22 Printing and publicationsN

pI D, E

N

23 Other expenses (attach schedule)

J

Es

24 Total operating and administrativeexpenses . Add lines 13 through 23 10 , 128. 10 , 128. 10,128.

25 Contributions , gifts, grants paid STMT 3 68 , 598. 68 598 .26 Total expenses and disbursements.

Add lines 24 and 25 78 , 726. 10 , 128. 10 , 128 . 68 , 598.27 Subtract line 26 from line 12:

a Excess of revenue over expensesand disbursements -19 , 134.

b Net investment income (if negative, enter -0-) 49 , 464.C Adjusted net income ( if negative, enter - 0-) 49,464.

OMB No 1545-0052

2010

BAA For Paperwork Reduction Act Notice , see the instructions . TEEA0504L 07/23/10 Form 990-PF (2010

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 2Attached schedules and amounts in the description

PBeginning of year End of year

art II Balance Sheets column should be for end -of-year amounts only(See instructions ) (a) Book Value (b) Book Value (c) Fair Market Value

1 Cash - non-interest-bearing .

2 Savings and temporary cash investments . . 109 713. 109 757. 109 , 757.3 Accounts receivable --- ----- --

Less. allowance for doubtful accounts

4 Pledges receivable ---------- -Less: allowance for doubtful accounts

----------5 Grants receivable

6 Receivables due from officers, directors, trustees, and otherdisqualified persons (attach schedule) (see the instructions)

7 Other notes and loans receivable (attach sch) 0-

S----------

Less: allowance for doubtful accounts 11

S----------

8 Inventories for sale or use

ET 9 Prepaid expenses and deferred charges

S 10a Investments - U S. and state governmentobligations (attach schedule

b Investments - corporate stock (attach schedule)

c Investments - corporate bonds (attach schedule)

11 Investments - land, buildings, andequipment: basis

----------Less: accumulated depreciation(attach schedule)

----------12 Investments - mortgage loans

13 Investments - other (attach schedule) 2, 468, 187. 2 520, 727. 2 , 52-0,727.14 Land, buildings, and equipment: basis 0

----------Less- accumulated depreciation(attach schedule) 111^ _

15 Other assets (describe 0----------------

16 Total assets (to be completed by all filers -see instructions. Also, see p age 1, item I) 2 577, 900. 2 630, 484. 2,630,484.

17 Accounts payable and accrued expenses

A 18 Grants payable

B 19 Deferred revenue

L 20 Loans from officers, directors, trustees, & other disqualified persons

1 21 Mortgages and other notes payable (attach schedule)

7 22 Other liabilities (describe

ES 23 Total liabilities (add lines 17 throu g h 22) 0. 0.

N F

Foundations that follow SFAS 117, check hereand complete lines 24 through 26 and lines 30 and 31.

24 UnrestrictedE NT N 25 Temporarily restricted

D 26 Permanently restricted

AS BS AE LT A

Foundations that do not follow SFAS 117, check hereand complete lines 27 through 31.

27 Capital stock, trust principal, or current funds

S N 28 Paid-in or capital surplus, or land, building, and equipment fund

O E 29 Retained earnings, accumulated income, endowment, or other funds 2 , 577 , 900. 2 , 630 , 484.R S 30 Total net assets or fund balances (see the instructions) 2 577, 900. 2f630 , 484.

31 Total liabilities and net assets/fund balances(see the instructions ) 2, 577, 900. 2, 630, 484.

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 withend-of-year figure reported on prior year's return) 1 2 577 900.

2 Enter amount from Part I, line 27a 2 -19, 134.

_ _ _ __3 Other increases not included in line 2 (itemize) P-SEE STATEMENT 4 3 71,718._ _ __ _ _ _ _ _ _ _ _ _-4 Add lines 1, 2, and 3 4 2, 630, 484.

5 Decreases not included in line 2 (itemize)

-

5

-----------------------------6 Total net assets or fund balances at end of year (line 4 minus line 5 - Part II column (b) , line 30 6 2,630,484.

BAA TEEA0302L 0216n1 Form 990-PF (2010)

Form 990-PF 2010 THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 3Part IV Ca ital 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 shares MLC Company)

(b) How acquired

P - PurchaseD - Donation

(C) Date acquired(month, day, year)

(d) Date sold(month, day, year)

1a SEE STATEMENT 5b

c

d

e(e) Gross sales price (f) Depreciation allowed

(or allowable)(g) Cost or other basisplus expense of sale

(h) Gain or (loss)(e) plus (f) minus (g)

a

b

cd

eComp lete onl y for assets show in g ain in column (h) and owned b the foundation on 12/31/69 (I) Gains (Column (h)

(i) Fair Market Valueas of 12/31/69

(j) Adjusted basisas of 12/31/69

(k) Excess of column (i)over column 0), if any

gain minus column (k), but not lessthan -0-) or Losses (from column (h))

a

bcde

2 Capital gain net income or (net capital loss).-

If gain, also enter in Part I, line 7

1 If (loss), enter -0- in Part I, line 7 2 194.

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 the instructions). If (loss), enter -0-in Part I, line 8 3 194.

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? DYes X No

If 'Yes,' the foundation does not qualify under section 4940(e). Do not complete this part

1 Enter the appropriate amount in each column for each year, see the instructions before making any entries.

aBase period years

Calendar year (or tax yearbeginning in)

(b)Adjusted qualifying distributions

cNet value of

noncharitable-use assetsDistribution ratio

(column (b) divided by column (c))

2009 100 000. 2 , 051 , 799. 0.0487382008 45 , 000. 1 , 368,744. 0.0328772007 73 , 655. 1 , 698 , 209. 0.0433722006 6 , 500. 1 , 401,222. 0.0046392005 165,000. 1 , 108,125. 0.148900

2 Total of line 1, column (d) 2 0.278526

3 Average distribution ratio for the 5-year base period - divide the total on linenumber of years the foundation has been in existence if less than 5 years

2 by 5, or by the3 0 . 055705

4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5 4 2,673,240.

5 Multiply line 4 by line 3 5 148 , 913.

6 Enter I% of net investment income (I% of Part I, line 27b) 6 495.

7 Add lines 5 and 6 7 149 , 408.

8 Enter qualifying distributions from Part XII, line 4 8 68 , 598.

If line 8 is equal to or greater than line 7, check the box in Part VI, line l b, and complete that part using a I% tax rate See thePart VI instructions

BAA Form 990-PF (2010)

TEEA0303L 07123/10

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 4Part VI Excise Tax Based on Investment Income (Section 4940(a). 4940(b). 4940(e). or 4948 - see the instructions)

1 a Exempt operating foundations described in section 4940(d)(2), check here and enter 'N/A' on line 1.

Date of ruling or determination letter (attach copy of letter if necessary - see instr.)

b Domestic foundations that meet the section 4940(e) requirements in Part V, 1 989.

check here " D and enter 11% 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, column (b)

2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxablefoundations only. Others enter -0-) 2 0.

3 Add Ines 1 and 2 3 989.4 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- 5 989.6 Credits/Payments

a 2010 estimated tax pmts and 2009 overpayment credited to 2010 6a 7 , 159.b Exempt foreign organizations - tax withheld at source 6b

c Tax paid with application for extension of time to file (Form 8868) 6c

d Backup withholding erroneously withheld 6d

7 Total credits and payments Add lines 6a through 6d 7 7 , 159.8 Enter any penalty for underpayment of estimated tax Check here if Form 2220 is attached 8

9 Tax due If the total of lines 5 and 8 is more than line 7, enter amount owed 9 0.

10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid 91 10 6 , 170.

11 Enter the amount of line 10 to be Credited to 2011 estimated tax ► 6,170. 1 Refunded 01 11 0.

Part VII-A Statements Reaardina Activities

1 a During the tax year, did the foundation attempt to influence any national, state, or local legislation or did itparticipate or intervene in any political campaign?

b Did it spend more than $100 during the year (either directly or indirectly) for political purposes(see the instructions for definition)

If the answer is 'Yes' to la or 1b, attach a detailed description of the activities and copies of any materials publishedor distributed by the foundation in connection with the activities

c Did the foundation file Form 1120-POL for this year?d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year

(1) On the foundation B. $ 0. (2) On foundation managers P. $ 0.e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed onfoundation managers b, $ 0.

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

If 'Yes,' attach a detailed description of the activities

3 Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articlesof incorporation, or bylaws, or other similar instruments? If 'Yes,' attach a conformed copy of the changes

4a Did the foundation have unrelated business gross income of $1,000 or more during the year?

b If 'Yes,' has it filed a tax return on Form 990-T for this year?

5 Was there a liquidation, termination, dissolution, or substantial contraction during the year'

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

Yes No

la X

lb X

1c X

2 X

j

X

X

4 ]N A

X

• By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict --I- I

-with the state law remain in the governing instrument? 6 X

7 Did the foundation have at least $5,000 in assets at any time during the year? If 'Yes,' complete Part/l, column (c), and PartXV 7 X

8a Enter the states to which the foundation reports or with which it is registered (see the instructions)

N/A

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 8 b X

9 Is the foundation claiming status as a private operating foundation within the meaning of section 4942(1)(3) or 4942(1)(5)

LLfor calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV)' If 'Yes,' complete Part XIV X

10 Did any persons become substantial contributors during the tax year' If 'Yes,' attach a schedule listing their names


TEEA0304L 02/16/11

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 P

11 At any time during the year, did the foundation, directly or indirectly, own a controlled entitywithin the meaning of section 512(b)(13)' If 'Yes', attach schedule (see instructions) 11 X

12 Did the foundation acquire a direct or indirect interest in any applicable insurance contract beforeAugust 17, 20087 12 X

13 Did the foundation comply with the public inspection requirements for its annual returns and exemption application? 13 X

Website address ► N/A----------------------------- &AFEK -----

14 The books are in care of ► JONATHAN & MEHRIDITH VENVERLOH Telephone no (650) 620-9192_ -_ _ _---------------------------Located at ► 67 MARYMONT AVE ATHERTON CA ZIP + 4 ► 94027

------------------------------------ ------------15 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here.. N/A

and enter the amount of tax-exempt interest received or accrued during the year 15 N/A

16 At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over aYes No

bank, securities, or other financial account in a foreign country? 16 X

See the instructions for exceptions and filing requirements for Form TD F 90-22 1 If 'Yes,' enter the name of theforei g n country ►

Part VII -B Statements Regarding Activities for Which Form 4720 May Be RequiredFile Form 4720 if any item is checked in the 'Yes' column , unless an exception applies. Yes No

1 a During the year did the foundation (either directly or indirectly)-

Engage in the sale or exchange, or leasing of property with a disqualified person? [Yes No

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) adisqualified person? Yes X No

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? Yes N No

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? Yes X No

(5) Transfer any income or assets to a disqualified person (or make any of either availablefor the benefit or use of a dis ualified erson)? [Yes Noq p

(6) Agree to pay money or property to a government official? (Exception . Check 'No' if thefoundation agreed to make a grant to or to employ the official for a period after terminationof overnment service if terminatin within 90 da s ) [ Yes Nog g y .,

b If any answer is 'Yes' to la(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 the instructions)? 1 b NVA

Organizations relying on a current notice regarding disaster assistance check here

c Did the foundation engage in a prior year in any of the acts described in 1 a, other than excepted acts, -that were not corrected before the first day of the tax year beginning in 2010' 1 c X

2 Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was aprivate operating foundation defined in section 49420)(3) or 49420)(5))

a At the end of tax year 2010, did the foundation have any undistributed income (lines 6dand 6e, Part XIII) for tax year(s) beginning before 2010. [Yes No

If 'Yes,' list the years 01 20 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) toall years listed, answer 'No' and attach statement - see the instructions) 2b N IA

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

11 20 ,20 ,20 ,20

3a Did the foundation hold more than a 2% direct or indirect interest in any businessr s t an me du th r? [:] Yes Not ten erp i y ringe a i e yea

b If 'Yes,' did it have excess business holdings in 2010 as a result of (1) any purchase by the foundationor disqualified persons after May 26, 1969, (2) the lapse of the 5-year period (or longer period approvedby 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, todetermine if the foundation had excess business holdings In 2010) 3b NkA

4a Did the foundation invest during the year any amount in a manner that would jeopardize itscharitable purposes? .. 4a X

b Did the foundation make any investment in a prior year (but after December 31, 1969) that couldjeopardize its charitable purpose that had not been removed from jeopardy before the first day ofthe tax year beg innin g in 2010' 4b X


TEEA0305L 02/16/11

I

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 6Part VII-B Statements Regarding Activities for Which Form 4720 May Be Req uired (continued)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))? [ Yes No

(2) Influence the outcome of any specific public election (see section 4955), or to carryon, directly or indirectly, any voter registration drive? Yes X No

(3) Provide a grant to an individual for travel, study, or other similar purposes? Yes X No

(4) Provide a grant to an organization other than a charitable, etc, organization described[ Y MX N1 4940 tt 09 2 3 t d 2 ? t oin sec ), ( ), or ( ion (see ins ruc ions) esion 5 (a)( ), or sec ( )( )

(5) Provide for any purpose other than religious, charitable, scientific, literary, orr m Nof th h l ?d t l t f lt t ld E]Yoriona purposes, or e preven ion o crue ren o ani a s . ese uca y o c i

b If any answer is 'Yes' to 5a(1)-(5), did any of the transactions fail to qualify under the exceptionsdescribed in Regulations section 53.4945 or in a current notice regarding disaster assistance(see instructions)? 5b N A

Organizations relying on a current notice regarding disaster assistance check here El

c If the answer is 'Yes' to question 5a(4), does the foundation claim exemption from thetax because it maintained expenditure responsibility for the grant? N/A [ Yes [] No

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 premiumson a personal benefit contract [ Yes N No

b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? 6b X

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? [ Yes X] No

b If yes, did the foundation receive any p roceeds or have any net income attributable to the transaction? N/A 7b

Part VIII Information About Officers, Directors , Trustees , Foundation Managers , Highly Paid Employees,and Contractors

1 1 ict all nffirerc dirertnrc tructaac fniindatinn mananerc and their cmmnencatinn (see inctrurtinncl

(b) Title and average (c) Compensation (d) Contributions to (e) Expense account,

(a) Name and address hours per weekdevoted to position

(If not paid, enter -0-) employee benefitplans and deferred

other allowances

com pensation

-JONATHAN MARTIN_VENVERLOH PRESIDENT & 0. 0. 0.

67 MARYMONT AVE 0ATHERTON CA 94027

_MEHRIDITH ANN VENVERLOH- _ _ _ _ _ SECRETARY 0. 0. 0.

67 MARYMONT AVE 0ATHERTON CA 94027

------------------------

-------------------------

2 Cnmoensatinn of five hinhest-naid emnlovees !other than those included on line 1- see instructions). If none. enter'NONE.'

(a) Name and address of each employeepaid more than $50,000

(b) Title and averagehours per week

devoted to position

(c) Compensation (d) Contributions toemployee benefitplans and deferredcom pensation

(e) Expense account,other allowances

NONE --------------------

------------------------

------------------------

------------------------

------------------------

Total number of other emp loyees paid over $50,000 0

BAA TEEA0306L 07/23/10 rorm yyu-rl- (,ulu)

Form 990-PF (2010 ) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 71050"'7111 Information About Officers , Directors , Trustees , Foundation Managers , Highly Paid Employees,

and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none,enter 'NON F

(a) Name and address of each person paid more than $50,000 (b) Type of service c Compensation

NONE----------------------------------

--------------------------------------

--------------------------------------

--------------------------------------

--------------------------------------

Total number of others receivin g over $50,000 for p rofessional services 0

fPart1i 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 I Expensesorganizations and other beneficiaries served, conferences convened, research papers produced, etc

1 N/A------------------------------------------------------

2------------------------------------------------------

3 ------------------------------------------------------

4------------------------------------------------------

Pa!I°X_B Summary of Program-Related Investments (see instructions)

Describe the two larg est p rog ram-related investments made by the foundation during the tax year on lines 1 and 2 Amount

1 N/A------------------------------------------------------

------------------------------------------------------

2------------------------------------------------------

------------------------------------------------------

All other program-related investments See instructions

3------------------------------------------------------------------------------------------------------------

Total . Add lines 1 through 3 0.


TEEA0307L 02/16/11

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Paae 8Part 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 I-R 2 , 604 , 192.b Average of monthly cash balances . . 1 b 109 , 757.

c Fair market value of all other assets (see instructions) 1 c

d Total (add lines 1 a, b, and c) . .. 1 d 2 , 713 , 949.e Reduction claimed for blockage or other factors reported on lines la and lc

(attach detailed explanation) 1 e 0.

2 Acquisition indebtedness applicable to line 1 assets 2 0.

3 Subtract line 2 from line 1d 3 2 , 713 , 949.

4 Cash deemed held for charitable activities Enter 1-1/2% of line 3(for greater amount, see instructions) 4 40 709.

5 Net value of noncharitable -use assets . Subtract line 4 from line 3 Enter here and on Part V, line 4 5 2 , 673 , 240.

6 Minimum investment return . Enter 5% of line 5 6 133 , 662.Part XI Distributable Amount (see instructions) (Section 49420)(3) and (j)(5) private operating foundations

and certain forei g n org anizations check here and do not comp lete this a rt.1 Minimum investment return from Part X, line 6 1 133,662.

2a Tax on investment income for 2010 from Part VI, line 5. 2a 989.

b Income tax for 2010 (This does not include the tax from Part VI) 2b

c Add lines 2a and 2b 2c 989.3 Distributable amount before adjustments Subtract line 2c from line 1 3 132, 673.

4 Recoveries of amounts treated as qualifying distributions 4

5 Add lines 3 and 4 5 132,673.

6 Deduction from distributable amount (see instructions) 6

7 Distributable amount as adj usted Subtract line 6 from line 5 Enter here and on Part XIII, line 1 7 132 , 673.

Part,Xll Qualifying Distributions (see instructions)

1 Amounts paid (including administrative expenses) to accomplish charitable, etc, purposesa Expenses, contributions, gifts, etc - total from Part I, column (d), line 26 1 a 68,598.b Program-related investments - total from Part IX-B 1 b

2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc, purposes 2

3 Amounts set aside for specific charitable projects that satisfy thea Suitability test (prior IRS approval required) 3a

b Cash distribution test (attach the required schedule) 3b

4 Qualifying distributions . Add lines la through 3b Enter here and on Part V, line 8, and Part XIII, line 4 4 6-8- , 598.

5 Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment incomeEnter I% of Part I, line 27b (see instructions) 5

6 Adjusted qualifying distributions . Subtract line 5 from line 4 6 68 , 598.

Note . The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundationqualifies for the section 4940(e) reduction of tax in those years


TEEA0308L 07/06/09

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 9

Part XIII Undistributed Income (see instructions)

Corpus Years prior to 2009 20c09 20d10

1 Distributable amount for 2010 from Part XI,line 7 132 673 .

2 Undistributed income, if any, as of the end of 2010:

a Enter amount for 2009 only 0 .

b Total for prior years* 20 20 20 0.

3 Excess distributions carryover, if any, to 2010.

a From 2005 40 , 010.b From 2006

c From 2007 411.

d From 2008

e From 2009

f Total of lines 3a through e

4 Qualifying distributions for 2010 from Part

XII, line 4 ► $ 68,598.

a Applied to 2009, but not more than line 2a

b Applied to undistributed income of prior years(Election required - see instructions)

c Treated as distributions out of corpus(Election required - see instructions)

d Applied to 2010 distributable amount

e Remaining amount distributed out of corpus

5 Excess distributions carryover applied to 2010(If an amount appears in column (d), thesame amount must be shown in column (a).)

6 Enter the net total of each column asindicated below:

a Corpus. Add lines 3f, 4c, and 4e Subtract line 5

b Prior years' undistributed income Subtractline 4b from line 2b

c Enter the amount of prior years' undistribut-ed income for which a notice of deficiencyhas been issued, or on which the section4942(a) tax has been previously assessed

d Subtract line 6c from line 6b. Taxableamount - see instructions

e Undistributed income for 2009. Subtract line 4a fromline 2a Taxable amount - see instructions

f Undistributed income for 2010 Subtract lines4d and 5 from line 1 This amount must bedistributed in 2011

7 Amounts treated as distributions out ofcorpus to satisfy requirements imposedby section 170()(1)(F) or 4942(g)(3)(see instructions)

8 Excess distributions carryover from 2005 notapplied on line 5 or line 7 (see instructions)

9 Excess distributions carryover to 2011.Subtract lines 7 and 8 from line 6a

10 Analysis of line 9

a Excess from 2006

b Excess from 2007

c Excess from 2008

d Excess from 2009

e Excess from 2010

BAA

40,4

0.

0.0.

68 , 598.0.

40,4 21. 40,421.

0. 1 1 f

23,654.

0

0

0

Form 990-PF (2010)

TEEA0309L 07/23110

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 10Part XIVI Private Operatinq Foundations (see instructions and Part VII-A, question 9) N/A

1 a If the foundation has received a ruling or determination letter that it is a private operating foundation, and the rulingis effective for 2010, enter the date of the ruling

b Check box to indicate whether the foundation is a

2a Enter the lesser of the adjusted netincome from Part I or the minimuminvestment return from Part X foreach year listed

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 directlyfor active conduct of exempt activities

e Qualifying distributions made directlyfor active conduct of exem p t activitiesSubtract line 2d from line 2c

3 Complete 3a, b, or c for thealternative test relied upon

a 'Assets ' alternative test - enter:

(1) Value of all assets

(2) Value of assets qualifying undersection 4942 0)(3)(8)(1)

b 'Endowment' alternative test - enter 2/3 ofminimum investment return shown in Part X,line 6 for each year listed

c 'Support ' alternative test - enter

(1) Total support other than grossinvestment income ( interest,dividends, rents, paymentson securities loans (section512(a)(5)), or royalties)

(2) Support from general public and 5 ormore exempt organizations as providedin section 4942(I)(3)(B)(in)

(3) Largest amount of support froman exempt organization

described in section I 14942(1)(3) or

2010 1 (b) 2009 1 (02008 1 (d) 2007

(4) Gross investment income

Part XV Supplementary Information (Complete this part only if the organization had $5,000 or more inassets at any time during the year - see instructions.)

1 Information Regarding Foundation Managers:a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before theclose of any tax year (but only if they have contributed more than $5,000) (See section 507(d)(2) )

NONE

b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership ofa partnership or other entity) of which the foundation has a 10% or greater interest

NONE

2 Information Regarding Contribution , Grant , Gift, Loan , Scholarship , etc, Programs:

Check here' X if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited

requests for funds. If the foundation makes gifts, grants, etc, (see instructions) to individuals or organizations under other conditions,complete items 2a, b, c, and d

a The name, address, and telephone number of the person to whom applications should be addressed.

b The form in which applications should be submitted and information and materials they should include

c Any submission deadlines:

d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors-

BAA TEEA0310L 02116/11 Form 990-PF (2010)

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Pag e 11Part XV Supplementary Information (continued)3 Grants and Contributions Paid During the Year or Approved for Future Payment

RecipientIf recipient is an individual ,show any relationship to

any foundation manager or

Foundationstatus ofstat s

Purpose of grant orcontribution Amount

Name and address (home or business ) substantial contributor ureci p ie nt

a Paid during the year

Total 3a

b Approved for future payment

Total 3b

BAA TEeaosoiL 07/23/10 Form 990-PF (2010)

Form990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 12

Part XVI -A Analysis of Income-Producing Activities

Enter

1

a

b

c

d

e

f

92

3

4

5

a

b

6

7

8

9

10

11

a

b

c

d

e

12 Subtotal

13 Total . Add line 12, columns (b), (d), and (e) 13 59,592.

(See worksheet in line 13 instructions to verify calculations )

Part XVI-B Relationship of Activities to the Accomplishment of Exempt Purposes

Line No . Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to theV accomplishment of the foundation ' s exempt purposes (other than by providing funds for such purposes). (See the instructions.)

4 DIVIDENDS AND INTEREST EXCLUDED BY IRC 512 (B) (1)

8 CAPITAL GAINS OR LOSSES EXCLUDED BY IRC 512 (B5)

gross amounts unless otherwise indicated Unrelated business income Excluded b section 512 513 or 514

rogram service revenue.

(a)Businesscode

(b)Amount

(c)Exclu-Sioncode

(d)Amount

(e)

Related or exemptfunction income

(see the instructions)

Fees and contracts from government agencies

Membership dues and assessments

Interest on savings and temporary cash investments 7 246.

Dividends and interest from securities 52 , 152.Net rental income or (loss) from real estate:

Debt-financed property

Not debt-financed property

Net rental income or (loss) from personal property

Other investment incomeGain or (loss) from sales of assets other than inventory 194.Net income or (loss) from special events

Gross profit or (loss) from sales of inventory

Other revenue

Add columns (b), (d), and (e) 59, 592 .

BAA -m oso2L 02/17/11 Form 990-PF (2010)

Form 990-PF (2010) THE VENVERLOH FAMILY FOUNDATION 34-2045905 Page 13Part XVII information Regarding Transfers To and Transactions and Relationships With Noncharitable

Exempt Organizations

Yes No1 Did the organization directly or indirectly engage in any of the following with any other organization

described in section 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 . . 1 a X

(2) Other assets 1 a (2) X

b Other transactions:(1) Sales of assets to a noncharitable exempt organization . . . ... .... 1 b X

(2) Purchases of assets from a noncharitable exempt organization 1 b (2)1 1 X

(3) Rental of facilities, equipment, or other assets 1 b (3)1 1 X(4) Reimbursement arrangements 1 b (4)1 1 X

(5) Loans or loan guarantees 1 b (5) X

(6) Performance of services or membership or fundraising solicitations 1 b X

+__c Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1 c X

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

(a) Name of organization (b) Type of organization (c) Descri ption of relationshi p

N/A

Under penalties of perjury , I declare that I have examined this return, including accomcorrect, and complete Declaration f preparer (other than taxpayer or fiduciary) is ba

Sign

HereSignature of officer or trustee

Print/Type preparer ' s name Preparer ' s signature

Paid STEVEN K SUI STEVEN K S

Preparer Firm's name SEVEN K.

Use Only Firm's address lll^1534 PLAZABURLINGAME,

I CERTIFIEDLANE #180CA 94010-3204

BAA

2a Is the foundation directl y or indirectly affiliated with , or related to , one or more tax-exempt organizationsdescribed in section 501 (c) of the Code (other than section 501 (c)(3 )) or in section 527' Yes [X No

b If 'Yes .' complete the followlna schedule

2010 FEDERAL STATEMENTS PAGE 1

THE VENVERLOH FAMILY FOUNDATION 34-2045905

STATEMENT1FORM 990-PF, PART I , LINE 16COTHER PROFESSIONAL FEES

(A) (B) NET (C) (D)EXPENSES INVESTMENTPER BOOKS INCOME

ADJUSTEDNET INCOME

CHARITABLEPURPOSES

ML #02631 $ 3,026. $ 3,026. $ 3,026.ML #02633 3,540. 3,540. 3,540.ML #02634 2,819. 2,819. 2,819.

TOTAL $ 9,385. $ 9,385. $ 9,385. $ 0.

STATEMENT 2FORM 990-PF, PART I , LINE 18TAXES

(A) (B) NET (C) (D)EXPENSES INVESTMENT ADJUSTED CHARITABLEPER BOOKS INCOME NET INCOME PURPOSES

FOREIGN TAXES WITHHELD $ 53. $ 53. $ 53.FOREIGN TAXES WITHHELD 690. 690. 690.

TOTAL $ 743. $ 743. $ 743. $ 0.

STATEMENT 3FORM 990-PF , PART I, LINE 25CONTRIBUTIONS , GIFTS, AND GRANTS

CASH GRANTS AND ALLOCATIONS

CLASS OF ACTIVITY:DONEE'S NAME: FIRST RESORTDONEE'S ADDRESS: 1933 DAVIS STREET

SAN LEANDRO, CA 94577RELATIONSHIP OF DONEE: NON PROFIT CHURCHORGANIZATIONAL STATUS OF DONEE:AMOUNT GIVEN: $ 42,000.

CLASS OF ACTIVITY:DONEE'S NAME: COMPASSION INTERNATIONALDONEE'S ADDRESS:

COLORADO SPRINGS, CO 809 97RELATIONSHIP OF DONEE:ORGANIZATIONAL STATUS OF DONEE:AMOUNT GIVEN: 26,598.

TOTAL $ 68,598.

2010 FEDERAL STATEMENTS PAGE

STATEMENT 4FORM 990-PF, PART III, LINE 3OTHER INCREASES

FMV CHANGE IN SECURITIES

THE VENVERLOH FAMILY FOUNDATION

STATEMENT 5FORM 990-PF, PART IV, LINE 1CAPITAL GAINS AND LOSSES FOR TAX ON INVESTMENT INCOME

ITEM1 SEE ATTACHED2 SEE ATTACHED3 SEE ATTACHED4 SEE ATTACHED5 SEE ATTACHED6 SEE ATTACHED7 SEE ATTACHED8 SEE ATTACHED9 SEE ATTACHED10 SEE ATTACHED11 SEE ATTACHED12 SEE ATTACHED13 SEE ATTACHED14 SEE ATTACHED

(A) DESCRIPTION#02631#02633#02633#02633#02633#02633#02634#02634#02634#02634#04031#04031#04031#02634

(B) HOWACQUIREDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASEDPURCHASED

34-204590

$ 71,718.TOTAL $ 71,718.

(C) DATE (D) DATEACQUIRED SOLD

(E) (F) (G) (H) (I) (J) (K) (L)GROSS DEPREC. COST GAIN FMV ADJ. BAS. EXCESS GAIN

ITEM SALES ALLOWED BASIS (LOSS) 12/31/69 12/31/69 (I)-(J) (LOSS)1 47,545. 42,221. 5,324. $ 5,324.2 4,725. 4,015. 710. 710.3 9,607. 10,502. -895. -895.4 29,857. 17,174. 12,683. 12,683.5 18,609. 22,145. -3,536. -3,536.6 2. 0. 2. 2.7 2,937. 1,790. 1,147. 1,147.8 23,839. 16,038. 7,801. 7,801.9 25,192. 33,089. -7,897. -7,897.10 4. 0. 4. 4.11 58. 55. 3. 3.12 1,221. 821. 400. 400.13 72,427. 87,562. -15,135. -15,135.14 3,633. 4,050. -417. -417.

TOTAL $ 194.

2010 FEDERAL SUPPLEMENTAL INFORMATION PAGE 1


THE PUBLIC NOTICE REQUIREMENT HAS BEEN PUBLISHED IN THE SAN MATEO DAILY JOURNAL.

2010 FEDERAL SUPPORTING DETAIL PAGE 1


OTHER INCOME PRODUCING ACTIVITIESINTEREST ON SAVINGS & CASH INVESTMENTS

ML #02631 $ 6,952.ML #02633 132.ML #02634 - - - 69.ML #04031 93.

TOTAL $ 7,246.

OTHER INCOME PRODUCING ACTIVITIESDIVIDENDS/INTEREST FROM SECURITIES.

ML #02631 $ 24,661.ML #02633 12,214.ML #02634 7,603.ML #04031 7,674.

TOTAL $ 52,152.

Merrill Lynch Account No Taxpayer No. PageBank of America Corporation 2GP-02634 34-2045905 9 of 23

J

THE VENVERLOH

2010 ANNUAL STATEMENT SUMMARY

Your Tax Reporting Statement information that follows is a personal summary of your account activity and is not reported to the IRS

The Capital Gain and Loss Transaction section is provided to facilitate your review and the preparation of your tax return. In calculating gain (loss), unless otherwise noted, it was assumed that the

oldest position was liquidated first, and that an election was in effect to amortize the premium paid on the purchase of taxable bonds. The gain (loss) information may not include return of capital,

sales load deferral or wash sales adjustments. RICs (which may include mutual funds and unit investment trusts) may reclassify principal distributions as capital gains. The Cost Basis for these

securities may not have been adjusted on your statement to reflect such reclassifications. Please refer to information provided by the RIC and discuss with your tax advisor. Securities distributed

from a retirement account reflect the tax basis on the date of distribution. Other methods for calculating gain (loss) are available. The cost basis for most Original Issue Discount ( DID ) obligations

includes the accretion of OID. For purposes of allocating original purchase price to the components of an equity unit consisting of a purchase contract and a debt security subject to a remarketing

event, we assumed that the fair market value of the debt security on purchase date was equal to its adjusted issue price The difference between your original cost and the amount allocable to the

debt component was allocated to the purchase contract. In making adjustments to the cost basis of the purchase contract, it was assumed that the unit holder included contract adjustment payments

in income when received

Data from Forms 1099 (reportable Dividend and Interest) is also repeated in this summary for your convenience. Additionally, we have included items such as margin interest and select account fees

if applicable. Please discuss the deductibility of these items with your tax advisor. For select clients, we have also included a summary of Visa charges and checking activity.

Merrill Lynch is neither a tax return preparer nor tax advisor . Please see your tax advisor for more information.

2010 CAPITAL GAIN AND LOSS TRANSACTIONS

Security Description QuantityDate AcquiredCover of Short

Date Liquidated Amortization/AccretionShort Sale Year-to-Date Life-to-Date Sales Price Cost Basis Gain or (Loss)

SHORT TERM CAPITAL GAINSBAYERISCHE MOTORENWERKE 60 0000 01/29/10 08/03/10 1,140.44 852.38 288 06

60 0000 01/29/10 12/03/10 1,711 37 852.39 858 98

Security Subtotal 2,851.81 1,704.77 1,147.04

INDUSTRL AND COMMRCL BNK 120 0000 12/27/10 12/27/10 85 57 85 57 0 00

Short Term Capital Gains Subtotal 2,937.38 1,790.34 1,147.04

SHORT TERM CAPITAL LOSSESMERCK KGAA 31.0000 04/29/09 04/07/10 816.92 927 68 (110 76)

NOKIA CORP SPON ADR 71 0000 01/28/10 04/27/10 865 27 992 79 (127.52)80.0000 02 /03/10 04/27/10 974.97 1.150.10 (175 13 )

Security Subtotal 1 , 84024 2,14289 (302.65)

TALISMAN ENERGY INC COM 59 0000 09/08/09 06/23/10 975 80 979 74 (3 94)

Short Term Capital Losses Subtotal 3,632.96 4,050.31 (417.35)

NET SHORT TERM CAPITAL GAIN (LOSS) 729.69

Merrill LynchBank of America Corporation

Account No. Taxpayer No.2GP-02634 34-2045905

Page10 of 23

ITHE VENVERLOH

Security Description


2010 CAPITAL GAIN AND LOSS TRANSACTIONSDate Acquired Date Liquidated Amortization/Accretion

Quantity Cover of Short Short Sale Year-to-Date Life-to-Date Sales Price Cost Basis Gain or (Loss)

LONG TERM CAPITAL GAINSBAYER AG SP ADR 1.0000 11/27/06 02/26/10 66 11 52.24 13.87

7 0000 02/12/07 02/26/10 462 83 409 00 53.8315 0000 02/12/07 10/27/10 1,131 58 876 46 255.1211.0000 02/12/07 11/22/10 852.92 642 73 210.19

Security Subtotal 2,513.44 1,980.43 533.01BUNZL PLC ADR 20.0000 06/09/06 04/26/10 1,176.26 1,135.01 41 25CNOOC LTD ADR 10.0000 06/09/06 10/12/10 2,098.88 711.00 1,387.88COCA COLA AMATIL SPD ADR 117 0000 10/13/08 03/11/10 2,38836 1,28483 1,103.53

11 0000 02/24/09 03/11/10 224 54 126.69 97 85Security Subtotal 2,612.90 1,411.52 1,201.38

ENI S P A SPONSORED ADR 33.0000 10/10/08 04/06/10 1,556.81 1,224.74 332.0710.0000 12/22/08 04/06/10 471.77 460 90 10.87

Security Subtotal 2,028.58 1,685.64 342.94INFOSYS TECH LTD ADR 25 0000 06/09/06 04/13/10 1,555.76 857 39 698.37

16 0000 02/12/07 04/13/10 995.69 944 32 51.3780000 02/12/07 07/13/10 474.09 472 16 1.93

Security Subtotal 3,025.54 2,273.87 751.67MERCK KGAA 11.0000 03/03/09 04/07/10 289 87 273 35 16.52NIDEC CORPORATION ADR 98.0000 05/02/08 03/10/10 2,445.13 1,857 39 587.74NESTLE S A REP RG SH ADR 35.0000 06/09/06 04/06/10 1,76042 1.049 28 711.14NOVO NORDISK A S ADR 15 0000 10/20/06 04/09/10 1,17632 580 64 595.68SHIRE PLC-ADR 16 0000 06/09/06 01/20/10 983.49 657.44 326.05

15.0000 06/09/06 03/10/10 985 41 616.35 369.06Security Subtotal 1,968.90 1,273.79 695.11

SYNGENTA AG ADR 17.0000 06/09/06 07/07/10 751.91 419 69 332.2216 0000 02/12/07 07/07/10 707.69 568 96 138.7323 0000 02/12/07 10/27/10 1,283 11 817.88 465 23

Security Subtotal 2,742.71 1,806.53 936.18

Long Term Capital Gains Subtotal 23,838.95 16 ,038.45 7 ,800.50 vl*l

LONG TERM CAPITAL LOSSESBAYER AG SP ADR 60000 02/04/08 11/22/10 465 24 501 21 (35 97)

Merrill Lynch Account No. Taxpayer No. PageBank of America Corporation 2GP-02634 34-2045905 11 of 23

THE VENVERLOH

2010 ANNUAL STATEMENT SUMMARY2010 CAPITAL GAIN AND LOSS TRANSACTIONS

Security Description QuantityDate AcquiredCover of Short

Date Liquidated Amortization/AccretionShort Sate Year-to-Date Life-to-Date Sales Price Cost Basis Gain or (Loss)

BP PLC SPON ADR 21 0000 06/09/06 04/27/10 1,210.19 1,41099 (200 80)6.0000 02/12/07 04/27/10 345 77 373 25 (27.48)70000 02/12/07 04/29/10 368 41 435 48 (67.07)

24.0000 02/19/08 04/29/10 1,263.12 1,607 11 (343 99)26.0000 07/23/08 04/29/10 1,368.38 1,631.64 263.26)

Security Subtotal 4,555.87 5,458.47 (902.60)BUNZL PLC ADR 12.0000 09/11/06 04/26/10 705.76 755.92 (50.16)BAE SYS PLC SPN ADR 83.0000 05/21/09 06/16/10 1,599 26 1.91082 (311.56)

41 0000 06/05/09 06/16/10 790.01 900.61 ( 11060)Security Subtotal 2,389.27 2,811.43 (422.16)

CRH PLC ADR 60.0000 06/09/06 03/02/10 1,382.02 1,75008 (368.06)44.0000 02/12/07 03/02/10 1,013.49 1,778 72 (765.23)

Security Subtotal 2,395.51 3,528.80 (1,133.29)ENI S P A SPONSORED ADR 25.0000 06/09/06 02/19/10 1,140.79 1,426.76 (285.97)

4.0000 02/12/07 02/19/10 182.52 254.04 (71.52)36.0000 02/12/07 04/06/10 1,698.33 2,286.36 (588.03)

Security Subtotal 3,021.64 3,967.16 (945.52)HUTCHISN WHAMPOA ADR 12 0000 02/12/07 10/12/10 587.74 623.40 (35.66)MERCK KGAA 14.0000 04/01/08 02/23/10 371.18 580 85 (20967)

33.0000 10/29/08 02/23/10 874.94 923.04 (48.10)13.0000 02/20/09 02/23/10 344.67 345.42 (0.75)19.0000 02/20/09 04/07/10 500.68 504.85 ( 4.17)

Security Subtotal 2,091.47 2,354.16 (262.69)NOKIA CORP SPON ADR 80000 01/31/08 04/22/10 102.66 281.92 (179.26)

60.0000 10/10/08 04/22/10 770 03 922.21 (152 18)19 0000 10/10/08 04/27/10 231 55 292 04 (60 49)52.0000 10/29/08 04/27/10 633 72 841.88 (208 16)

Security Subtotal 1,737.96 2,338.05 (600.09)VIMPEL COMM SP ADR 55 0000 02/12/07 05/07/10 757.82 930 60 (172 78)PETROLEUM GEO SVS SP ADR 99 0000 06/09/06 09/29/10 1,081.71 1,731 59 (649.88)

118.0000 02/12/07 09/29/10 1,289 32 2,887 46 (1,598 14 )Security Subtotal 2,371.03 4,619.05 (2,248.02)

3 Merrill Lynch Account No. Taxpayer No.Bank of America Corporation 2GP-02634 34-2045905

THE VENVERLOH


2010 CAPITAL GAIN AND LOSS TRANSACTIONS

Page12 of 23

Date Acquired Date Liquidated Amortization/AccretionSecurity Description Quantity Cover of Short Short Sale Year-to-Date Life-to-Date Sales Price Cost Basis Gain or (Loss)

TOTAL S A. SP ADR 23 0000 06/09/06 02/19/10 1,321.23 1,397.63 (76 40)3.0000 06/09/06 08/10/10 156.90 182.31 (25 41)

26.0000 02/12/07 08/10/10 1,35987 1,75604 (396.17)

Security Subtotal 2,838.00 3,335.98 (497.98)

VODAFONE GROP PLC SP ADR 61 0000 06/10/08 07/01/10 1,275 12 1,864.49 (589.37)

NET LONG TERM CAPITAL GAIN (LOSS)

Long Term Capital Losses Subtotal 25,192.43 33,088.72 (7,896.29)

(95.79)

OTHER TRANSACTIONSBANCO BRADESCO S A ADR 172 0000 07/30/10 07/30/10 3.54 N/A N/Ai,.

Other Transactions Subtotal 3.54

TOTAL CAPITAL GAINS AND LOSSES 55,605.26 54,967.82 633.90TOTAL REPORTABLE GROSS PROCEEDS 55,605.26DIFFERENCE 0.00

Note. Capital gains and losses in this statement are not reported to the Internal Revenue Service" Difference reflects items that are included in the reportable gross proceeds section of your statement but are not included in the gain/loss section (e.g , liquidation offractional shares and the proceeds from certain tender offers) It also reflects items that are included in the gain/loss section of your statement but not in the reportable grossproceeds section (e.g., option premium received).

N/A Results which cannot be calculated because of insufficient data in the Capital Gain (or Loss) Column and are not included in the Realized Capital Gain and Losssummary

Merri ll LynchBank of America Corporation

Account No.2GP-02634

Taxpayer No.34-2045905

Page13 of 23

I -

THE VENVERLOH


2010 REALIZED CAPITAL GAIN AND LOSS SUMMARY

SHORT TERM GAINS SHORT TERM LOSSES LONG TERM GAINS LONG TERM LOSSES

TOTAL 1,147.04 (417.35 ) 7,800 . 50 (7,896.29)

Merrill Lynch Account No. Taxpayer No. PageBank of America Corporation 2GP-04031 34-2045905 8 of 13

J -THE VENVERLOH

2010 ANNUAL STATEMENT SUMMARYYour Tax Reporting Statement information that follows is a personal summary of your account activity and is not reported to the IRS.

The Capital Gain and Loss Transaction section is provided to facilitate your review and the preparation of your tax return. In calculating gain (loss), unless otherwise noted, it was assumed that theoldest position was liquidated first, and that an election was in effect to amortize the premium paid on the purchase of taxable bonds. The gain (loss) information may not include return of capital,sales load deferral or wash sales adjustments. RICs (which may include mutual funds and unit investment trusts) may reclassify principal distributions as capital gains. The Cost Basis for thesesecurities may not have been adjusted on your statement to reflect such reclassifications. Please refer to information provided by the RIC and discuss with your tax advisor. Securities distributedfrom a retirement account reflect the tax basis on the date of distribution. Other methods for calculating gain (loss) are available. The cost basis for most Original Issue Discount ( DID ) obligationsincludes the accretion of OID. For purposes of allocating original purchase price to the components of an equity unit consisting of a purchase contract and a debt security subject to a remarketingevent, we assumed that the fair market value of the debt security on purchase date was equal to its adjusted issue price. The difference between your original cost and the amount allocable to thedebt component was allocated to the purchase contract. In making adjustments to the cost basis of the purchase contract, it was assumed that the unit holder included contract adjustment paymentsin income when received.

Data from Forms 1099 (reportable Dividend and Interest) is also repeated in this summary for your convenience. Additionally, we have included items such as margin interest and select account feesif applicable. Please discuss the deductibility of these items with your tax advisor. For select clients, we have also included a summary of Visa charges and checking activity.

Merrill Lynch is neither a tax return preparer nor tax advisor. Please see your tax advisor for more information.


Security Description Quantity Cover of Short Short Sale Year-to-Date Life-to-Date Sales Price Cost Basis Gain or (Loss)

SHORT TERM CAPITAL GAINSPENNSYLVANIA MUTUAL FD 60000 12/09/09 05/21/10 58 16 54.54 3.62

NET SHORT TERM CAPITAL GAIN (LOSS)

Short Term Capital Gains Subtotal 58.16 54.54 3.62

3.62

LONG TERM CAPITAL GAINSPENNSYLVANIA MUTUAL FD 114 0000 12 /09/08 05/21/10 1, 10466 742 . 14 362 52

10.0000 12 /09/08 05/21/10 96.90 6510 31801 0000 12 / 10/08 05/21/10 9.69 6.67 3.021.0000 12 / 10/08 05/21/10 9.69 6.67 3 02

Security Subtotal 1,220.94 820.58 400.36

Long Term Capital Gains Subtotal 1,220.94 820.58 400.36 1/


THE VENVERLOH

Security Description

Account No. Taxpayer No2GP-04031 34-2045905

a

Page9 of 13



Quantity Cover of Short Short Sale Year-to-Date Life-to-Date Sales Price Cost Basis Gain or (Loss)

LONG TERM CAPITAL LOSSESPENNSYLVANIA MUTUAL FD 6361.4330 06/01/06 05/21/10 61,642.28 75,001 29 (13,359.01)

40 0000 12/05/06 05/21/10 387.59 467 60 (80 01)

380.0000 12/05/06 05/21/10 3,682.20 4,442 20 (760.00)

20.0000 12/05/06 05/21/10 193.80 233 80 (40.00)

1 0000 12/06/06 05/21/10 9 69 11.67 (1.98)

143.0000 12/07/07 05/21/10 1,38567 1,57586 (190 19)

478 0000 12/07/07 05/21/10 4,631.82 5,267 56 (635.74)

50.0000 12/07/07 05/21/10 484.50 551 00 (66.50)

1.0000 12/10/07 05/21/10 9.69 11.07 (1.38 )

Security Subtotal 72,427.24 87,562.05 (15,134.81)

Long Term Capital Losses Subtotal

NET LONG TERM CAPITAL GAIN (LOSS)

72,427.24 87,562.05 (15,134.81)

(14,734.45)

TOTAL CAPITAL GAINS AND LOSSES 73,706. 34 88,437.17 (14,730.83)TOTAL REPORTABLE GROSS PROCEEDS 73,706.34DIFFERENCE 0.00

Note, Capital gains and losses in this statement are not reported to the Internal Revenue Service

" Difference reflects items that are included in the reportable gross proceeds section of your statement but are not included in the gain/loss section (e.g , liquidation of

fractional shares and the proceeds from certain tender offers) It also reflects items that are included in the gain/loss section of your statement but not in the reportable gross

proceeds section (e g . option premium received)


THE VENVERLOH

Account No.2GP-04031

Taxpayer No.34-2045905

1 s

Page10 of 13


2010 REALIZED CAPITAL GAIN AND LOSS SUMMARY

SHORT TERM GAINS SHORT TERM LOSSES LONG TERM GAINS LONG TERM LOSSESTOTAL 3.62 0.00 400 . 36 (15,134.81)

y 1 , ?

J

AFFIDAVIT OF PUBLICATION

SAN MATEO DAILY JOURNAL

STATE OF CALIFORNIACounty of San Mateo

The undersigned declares That at all runes

hcieinad'tcr mentioned, affiant «a% a heimancnl

resident of the United States, o%er the age of eighteen

xearc old, and as at and dunng all said times The

Office Nlanagei of the San Mateo DailN Journal, a

ne""spapcr published clatl) to the Count) of San

Nlatco, State of CaliforniauHie dories mentioned

%%<ts set in IRpc no smallei than nonpareil and was

preceded with words printed ill black face type not

sinallct than size 6, describing and e\pre„mg to

genciat terms. the purpose and chaiaeler of the notice

intended to he gn en, that the

PUBLIC NOTICE

STEVEN K. SUI, CPA

Of Much the annexed is it printed cop) %%aspublished and pnntect in said newspaper on the 9th

Dad of September 2010

I declare undei penalty of perjut) that the foregoing

I,, title and conect

Gals I)n \ Cl

Dated at San Nlateo, Californ ia.

this day of a_J

pubhcTHEE VENYERWH!fl'rev ?aeau«,

at,,annua , tax CMMI

00

Form 886$ Application for Extension of Time To File an(Rev January 2011) Exempt Organization Return OMB No 1545.1709

► File a separate application for each return.IIntemalrRevena Serrviceury

• If you are filing for an Automatic 3-Month Extension , complete only Part I and check this box ► XQ

• If you are filing for an Additional (Not Automatic) 3-Month Extension , complete only Part II (on page 2 of this form).

Do not complete Part p unless you have already been granted an automatic 3-month extension on a previously filed Form 8868.

Electronic filing (e-flle). You can electronically file Form 8868 if you need a 3-month automatic extension of time to file (6 months for acorporation required to file Form 990-T), or an additional (not automatic) 3-month extension of time You can electronically file Form 8868 torequest an extension of time to file any of the forms listed in Part I or Part II with the exception of Form 8870, Information Return for TransfersAssociated With Certain Personal Benefit Contracts, which must be sent to the IRS in paper format (see instructions) For more details on theelectronic filing of this form, visit www.irs gov/efile and click on e-file for Charities & Nonprofits

Part I Automatic 3-Month Extension of Time. Only submit ori g inal (no copies needed .A corporation required to file Form 990-T and requesting an automatic 6-month extension - check this box and complete Part I only ► 17

All other corporations (including 1120-C filers), partnerships, REM/CS, and trusts must use Form 7004 to request an extension of time to fileincome tax returns

Name of exempt organization Employer identification number

Type orprint

File bythedue date forfiling yourreturn Seeinstructions

THE VENVERLOH FAMILY FOUNDATION 1 34-2045905Number, street , and room or suite number If a P 0 box, see instructions

67 MARYMONT AVECity, town or post office, state, and ZIP code For a foreign address , see instructions

ATHERTON, CA 94027

Enter the Return code for the return that this application is for (file a separate application for each return) 04

ApplicationIsFor

ReturnCode

ApplicationIspFor

ReturnCode

Form 990 01 Form 990-T (cor poration ) 07

Form 990-BL 02 Form 1041-A 08

Form 990-EZ 03 Form 4720 09

Form 990-PF 04 Form 5227 10

Form 990-T (section 401 a or 408 (a ) trust) 05 Form 6069 11

Form 990-T (trust other thaabove) 06 Form 8870 12

• The books are in the care of ► JONATHAN &-MEHRIDITH VENVERLOH-----------------------------------

Telephone No 1'_( 650)620-9192FAXNo ►• If the organization does not have an office or place of business in the United States , check this box ► 0• If this is for a Group Return , enter the organization 's four digit Group Exemption Number (GEN) . If this is for the whole group,

check this box ► F1 If it is for part of the group , check this box ► and attach a list with the names and EINs of all members

the extension is for

1 I request an automatic 3-month (6 months for a corporation required to file Form 990-T) extension of time

until _ 8/1 5-_

_ , 20 1 1 _ , to file the exempt organization return for the organization named above

The extension is for the organization ' s return for

► XB calendar year 20 10 or

► tax year beginning - _ - - - - _ _, 20 - - - , and ending - _ - - - - _ , 20

2 If the tax year entered in line 1 is for less than 12 months, check reason F Initial return DFinal return

F1 Change in accounting period

3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less anynonrefundable credits See instructions 3a

b If this application is for Form 990-PF, 990-T, 4720, or 6069 , enter any refundable credits and estimated taxpayments made . Include any prior year overpayment allowed as a credit 3b

c Balance due . Subtract line 3b from line 3a. Include your payment with this form, if required, by usingEFTPS (Electronic Federal Tax Payment System). See instructions

989.

7,159.

0.

Caution . If you are going to make an electronic fund withdrawal with this Form 8868, see Form 8453-EO and Form 8879-EO forpayment instructions

BAA For Paperwork Reduction Act Notice , see Instructions . Form 8868 (Rev. 1-2011)

FIFZ0501L 11/15/10

Form 8868 (Rev 1-2011 ) Pa e 2

• If you are filing for an Additional (Not Automatic) 3-Month Extension, complete only Part II and check this box ► }(

Note. Only complete Part II if you have already been granted an automatic 3-month extension on a previously filed Form 8868

• If you are filin g for an Automatic 3-Month Extension , com plete only Part I (on page 1 )

Part II Additional (Not Automatic) 3-Month Extension of Time. Only file the orl inal (no cop ies needed) .Name of exempt organization Employer identification number

Type orprint

File by theextendeddue date forfling thereturn Seeinstructions

THE VENVERLOH FAMILY FOUNDATION 1 34-2045905Number, street , and room or suite number If a P 0 box , see instructions

STEVEN K. SUI, CERTIFIED PUBLIC ACCOUNTANT1534 PLAZA LANE #180City, town or post office, state , and ZIP code For a foreign address , see instructions

BURLINGAME, CA 94010-3204

Enter the Return code for the return that this application is for (file a separate application for each return) 04

ApplicationIs ForReturnCode ApplicationIs For

ReturnCode

Form 990 01

Form 990-BL 02 Form 1041-A 08

Form 990-EZ 03 Form 4720 09

Form 990-PF 04 Form 5227 10

Form 990-T (section 401 a or 408 (a) trust) 05 Form 6069 11

Form 990-T (trust other thaabove) 06 Form 8870 12

STOP! Do not complete Part II if you were not already granted an automatic 3-month extension on a previously filed Form 8868.

• The books are in care of ► JONATHAN & MEHRIDITH VENVERLOH------------------------------------

Telephone No. ► (650) 620-9192 FAX No. ►• If the organization does not have an office or place of business in the United States, check this box ►• If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the

whole group, check this box ► F] If it is for part of the group, check this box ► and attach a list with the names and EINs of all

members the extension is for

4 I request an additional 3-month extension of time until 11/15 - _ _ _ , 20 11

5 For calendar year 2010 , or other tax year beginning _ _ _ _ _ _ _ _ _ , 20 and ending- - _ _ 20

6 If the tax year entered in line 5 is for less than 12 months, check reason- fl Initial return EFlnal return

fl Change in accounting period

7 State in detail why you need the extension _ TAXPAYER RESPECTFULLY REQUESTS ADDITIONAL TIME TO- ------------------

GATHER_INFORMATION_NECESSARY TO FILE A-COMPLETE AND ACCURATE TAX RETURN _ - _ _ ----- --

8a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less anynonrefundable credits See instructions 8a $ 989.

b If this application is for Form 990-PF, 990-T, 4720, or 6069, enter any refundable credits and estimated taxpayments made. Include any prior year overpayment allowed as a credit and any amount paid previouslywith Form 8868 8b $ 7 , 159.

c Balance due . Subtract line 8b from line 8a Include your payment with this form, if required, by usingEFTPS Electronic Federal Tax Payment S ystem ) . See instructions 8c l $ 0.

Signature and VerificationUnder penalties of perjury , I declare that I have examined this form, including accompanying schedules and statements , and to the best of my knowledge and belief, it is true,correct , and complete , and that I am authorized to prepare this form

Signature ► Title ► Date ►

BAA FIFZ0502L 11/15/10 Form 8868 (Rev 1-2011)

Documents

990-PF Return of Private Foundation 2010990s.foundationcenter.org/990pf_pdf_archive/342/342045905/... · $ 2, 630, 484. J Accounting method. X Cash Accrual Other (specify) ... c Gross