Form 990-PF Return of Private Foundation " or Section 4947(a)(1) Nonexempt Charitable Trust

Treated as a Private Foundation ky�,m p�~ Scan Note The organization maybe ebb to use a copy N this realm M seGSy state reparhfp n

For calendar year 2001, or tax year beginning , 2007, and ending

OAS No 155-0052

2001 ,20

Name ct Address change [ Employer IdanRHlution nun 13-5605371 Telephone number (use peps

501-978-1078 See Specific City « mwn, awe, and LP code instructions . LITTLE ROCK AR 72211 H Check type of organization [K Section 501(c)(3) exempt private foundation

Section 4947(a)(1) nonexempt rhantable trust Other taxable private foundation I Fair market value of all assets at end J Accounting method [] Cash 0 Accrual

of year (from Part ll, col (c), [:) Other (specify) 6ne 16) lo $ 10 9, 9 7 8 , 9 3 5 (Part 1, column (d) must be on cash basis )

FP-art I Analysis of Revenue and Expenses rrne total of Ist Revenue and

C/WIIpI`Qn lFQlIC"Wf14pfIQPlOfIY(1ltisn" ,U

D 7 Foraw tryqitratpu do* hen I D 1 Fueig~ upvmYOru maolrp the 05% Last fly hens and dtaM mmNqNUi

E 1 R~'a_ Ip+qallm suM ru Ivm WIM ulcer

~sor(bx+xr,J a.~xi,a. v ew.foundation is "a so.ownw�..~

under ..wmw7(bx' xe) chack hers t D id) Diabunema

for charitable amounts In columns (b) (c), end (d) may Wt necesseAty epos/ openyey per (b) Net investment (c) Adjusted net NO the amounts in column (a) (see peps 10 0l Me instructions) ) books Income income 0

1 Contributions, gifts . grants, etc, received (attach schedule) °° Check " F] d the foundation is not reported to attach Sdi B 0

2 Distributions from split-interest trusts 3 Interest on sarongs and temporary cash investments 248 , 540 248 , 540 4 Dividends and interest from securities 4,227, 374 4 , 227 , 374

p Sa Gross rents b (Net rental income or (loss) )

6a Net gam or (loss) from sale of assets not on line 10 (222 , 204 b Gross sales price fir all assets on line 6a~ B, 912 , 131

7 Capital gain net income (from Part IV, line 2) ( 228 , 584 8 Net short-term capital gain

RE ~9:I ~~nLOme modifications

10a-C~oss sales~l returns and allowances b Less Cosjof goods sold

M(M12profl~or (loss) (attach schedule) 17 -Other income (attach schedule)

(l(, -12=nTotaITAdd lines 1 through 11 9 253 710 9 247 , 330 9-Compensation a1 officers, directors, trustees, etc 449 , 575 173 , 086

d 14 Other employee salaries and wages 15 Pension plans, employee benefits

a 76a Legal fees (attach schedule) B 329 8 329 b Accounting tees (attach schedule) 37 , 506 14 440

> c Other professional tees (attach schedule) 273 910 2 7 3 910 17 Interest 3 , 130 1 205 18 Tames (attach schedule) (see page 14 of the Instructions) 87 , 346 7 017 19 Depreciation (attach schedule) and depletion 3 891 1 498 20 Occupancy 16 481 6 395

a 21 Travel, conferences, and meetings 23 351 B 990 m 22 Printing and publications e 23 Other expenses (attach schedule) 61 443 23 , 656

24 Total operating and administrative expenses . Add lines 13 through 23 969 457 517971

0 25 Contributions, gifts, grants paid 9 894 960 26 Total expenses and disbursements Add lines 24 and 25 5 809, 917 517 , 971 27 Subtract line 26 from line 12

a Excess of revenue aver expenses and disbursements 1 , 555 , 707 b Net investment income (if negative, enter-a) 3 729 , 359 1 c Adjusted net income (if negative, enter -0.)

For Paperwork Reduction Act Notice, see the instructions w 57E FED2037F 1

FoM yso-Pr (zoo,)

I

G Check all that apply EJ Initial return ~ Final return E] Amended return

U88 th0 lRS Name ai apaninaai

label CHARLES A . FRUEAUFE' FOUNDATION, INC . Otherwise, Number and street (a PO box number I! mail Is not delivered in street aCCrrsa) RooMSUi pnntortype . 900 SOUTH SHACKLEFORD ROAD 300

d Value 1 lcl Fair MaiW

Organizations that follow SFAS 117, check here li~ jxJ and complete lines 24 through 26 and lines 30 and 31

u 24 Unrestricted m 25 Temporarily restricted ap 26 Permanently restricted

Organizations that do not follow SFAS 117, check here " 0 and complete lines 27 through 37

0 27 Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg , and equipment fund

m 29 Retained earnings, accumulated income, endowment, or other funds a 30 Total net asset or fund balances (see page 17 of the d instructions)

31 Total liabilities and net assets/fund balances (see page 17

7 Total net assets or fund balances at beginning of year -end-of-year figure reported on prior year's return)

2 Enter amount from Part I, line 27a 3 Other increases not included m line 2 (itemize) vi~ 4 Add lines 1, 2, and 3 5 Decreases not included in line 2 (itemize) ji~

or fund balances at end of veer (line 4 minus line 5) - Part II, column line 30 Form 99D-PF (2001)

STF FEO21337F 2

r-oM eoaaF

Part II dalanee Sheets AftadW 'chW'les and '"°"rb in medaaI mmpmn sham be tv eNtEyea amuft only (see isaudiaro )

7 Cash - non-interest-bearing 2 Savings and temporary cash investments 3 Accounts receivable

Less allowance for doubtful accounts " , 4 Pledges receivable P~

Less allowance for doubtful accounts b. 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) li~ Less allowance for doubtful accounts t

m 8 Inventories for sale or use m 9 Prepaid expenses and deferred charges

10a Investments - U S and state government obligations (attach schedule) b Investments - corporate stock (attach schedule) c Investments - corporate bonds (attach schedule)

11 Investments -land, buildings, and equipment bans p. Less accumulated depreciation (attach schedule)

12 Investments - mortgage loans 13 Investments -other (attach schedule) 14 Land, buildings, and equipment basis 25,689

Less accumWated depreciation (attach schedule) vi~ 14 , 183 15 Other assets (descnbejo. ACCRUED I NT s DIVIDENDS ) 16 Total assets (to be completed by aft filers - see page 16 of

17 Accounts payable and accrued expenses 18 Grants payable

d 79 Deferred revenue 20 Lawns from officers, directors, trustees, and other disqualified persons 27 Mortgages and other notes payable (attach schedule) 22 Other liabilities (describe ji~

Part III Analysis of Changes in Net Assets or Fund Balances

agree 31

BBpPF

P How acquired I (c) Daft acquired (e) List end describe the Idnd(e) of popery add (e G . oval estate. 2-story brick werNwwa, or common sock 200 sits MLC Go)

(d) Date sold (mo . WY. y r )

((I Depreciatiort allowed Coat a other bane

in column (h) end owned by the foundation on 7Y31/69 (J) Adjusted basis (k) E¢pa of col C

(1) Gams (GOl (h) gain minus cot (IQ, but not less dun -O) or

Losses (from wl (A)) (q F MV as of 17/91/G9

SiF FED2037F 3

(a) Grow sales price

for assets

Page 3

Gain or (toss)

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

3 Net short-term capital gain or (loss) as damned in sections 1222(5) and (6) If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions) l

(For optional use by domestic private foundations subbed to the section 4940(a) tax on net investment income )

If section 4940(d)(2) applies, leave this part blank

Was the organization liable for the section 4942 tax on the distnbutable amount of any year m the base periods ~ Yes ~ No If 'Yes,'the organization does not qualify under section 4940(e) Do not complete this part

t Enter the appropnate amount in each column for each year, see page 18 of the instructions before making any entries

(e) b ~ (4) Base f".d years ` n0 distributions Net ralueofnoncharifablsuseasseLS Distribution Adjusted uall r.i .~a.. ~a. i... r .,. .~a. n...~~~ .,.. i~, 9 M i..a rni n�.w .n 1- -. o-n

2 Total of line 1, column (d) 2 0 .2427 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 exastence d less than 5 years 3 0 .48526

4 Enter the net value of nonchantablc-use assets for 2001 from Part X, line 5 4 112, 557,695

5 Multiply line 4 by line 3 5 J 9 b 1

6 Enter 1% of net investment income (1% of Part 1, line 27b) 6 37

7 Add lines 5 and 6 7 5,499

S Enter qualifying distnbuLons from Part XII, line 4 1 8 1 5,212,466 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 on page 18

Form 990-PF (2ooi)

7 a Exempt operating towdabons descnbed m section 4940(d)(2), check here M~ n and enter 'N/A' on line 1 Date of ruling letter (attach copy of ruling letter if necessary - see instructions)

b Domestic organizations that meet the section 4940(e) requirements m Part V, check here t C] and enter 1 % of Part I, line 27b

c M other domestic organizations enter 2% of fine 27b Exempt foreign organizations ante 4% of Part 1, line 12, col (b) 2 Ta(wider section 511 (domestic section 4947(a)(1) toms and table laaiddabons any Others enter -0-) 3 Add lines 1 and 2 4 SubtNe A (income) tic (domestic section 4947(a)(1) trials and fable foundations only Others enter 4) 5 Tax based on investment income. Subtract line 4 from line 3 If zero or less, enter -a 6 Credits/Payments a 2001 estimated tax payments and 2000 overpayment credited to 2001 6a 95 , 000 b Exempt foreign organizations-tax withheld at source 6b e Tax paid with application for extension of time to file (Form 8868) tic d Backup withholding erroneously withheld ~ 6d

7 Total credits and payments Add lines 6a through 6d 8 Enter any penalty for underpayment of estimated tax Check here 0 if Forth 2220 is attached 9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed 10.

10 Overpayment If line 7 is more than the total of lines 5 and 8, enter the amount overpaid 11 Enter the amount of line 10 to be Credited to 2002 estimated tax lli~ 2 0, 913 Refunded j.

1a During the tax year, did the organization attempt to influence any national, state, or local legislation or did Yes No it participate or intervene in any political campaign? 1a X

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)? 7b X

If the answer is 'Yes'to 1a or 1b, attach e detected description of the activities and copies of any materials published or distributed by the organization m connection with the activities

c Did the organization file Forth 7720-POL far this yeah 1c d Enter the amount (A arty) of tax on political expenditures (section 4955) imposed during the year

(1) On the organization ll~ $ (2) On organization managers ji~ $ e Enter the reimbursement (if any) paid by the organization during the year for political expenditure tax imposed

on organization managers ii~ $ 2 Has the organization engaged in any activities that have not previously been reported to the IRS? 2 X

If 'Yes,' attach a detailed description of the activities 3 Has the organization made any changes, not previously reported to the IRS, m its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If 'Yes,'attach e conformed copy of the changes 3 X 4a Did the organization have unrelated business gross income of $1,000 or more dunng the year? 4a X b If 'Yes,* has it filed a tax retain on Forth 990-T for this yeah 4b 5 Was there a liquidation, termination, dissolution, or substantial contraction during the yeah 5 X

II '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 m 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 X

7 ad the organization have at least $5,000 m assets at airy time during the yeah If 'Yes,' corqolete Part Il, cal (c), and Past XV 7 X Ba Enter the states to which the foundation reports or with which it is registered (see page 19 of the

instructions) ip~ ARKANSAS, FLORIDA b If the answer is "Yes' to line 7, has the organization famished a copy of Forth 99aPF to the Attorney General

(or designate) of each state as required by General Instruction G, If 'NO,'attach explanation 8b X 9 Is the organization claiming status as a private operating foundation within the meaning of section 49420(3) or

4942Q)(5) for calendar year 2001 or the taxable year beginning in 2001 (see instructions for Part XIV on page 25)? If 'Yes," complete Part XIV 9 X

10 Did any persons become substantial contributors during the tax year? If 'Yes,' attach a schedule Gshng their names and addresses 10 X

11 Did the orgaruzabon comply with the public inspection requirements (or its annual retains and axanpllon application? 11 X web site address t WWW . FRUEAU FFFOUN DAT ION . COM

12 The books are in careofo~ DAVID A . FRUEAUFF Telephone no ii~ 501-978-1078 Lopted at p. 900 S SHACKLEFORD RD, SUITE 300 . LITTLE ROCK . AR ZIP+4,p 72211

13 Section 4947(a)(1) nonexempt charitable trusts filing Form 99aPF in lieu of Forth 1041 - Check here t and enter the amount of tax-exempt interest reserved or accrued during the year " ~ 13

Form 990-PF (2ooi) STF FED2037F 4

Form O9PPF (Y0(37) peas 4

ll'Yes,' attach the statement required by Regulations section 53 4945-5(d) 6a Did the organization, during the year, receive any funds, directly or indirectly, to pay

premiums on a personal benefit contracts E] Yes 0 No b Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

If you answered 'Yes'to 66. also file Form 8870 Form 990-PF (2oot)

SiF FEDAt7F 6

form 900-PF

File Forth 4720 ii any Item is checked m the "Yes" column, unless an exception applies. Yes Ns 7a During the year did the organization (either directly or indirectly)

(1) Engage in the sale or exchange, or leasing of property with a disqualified persons F] Yes [@ No (2) Borrow money from, lend money to, or otherwise extend credit to (or accept d from) a

disqualified person? EJ Yes 0 No (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? 0 Yes ~ No (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? C] Yes ~ No (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)? E] Yes ~ No (6) Agree to pay money or property to a government official? (Exception. Check 'No' if

the organization agreed to make a grant to or to employ the official for a period after termination of government service, if terminating within 90 days ) [] Yes OX No

b If arty answer us'Yes to 1 a(1}{6), did any of the acts Tat to qualify under the exceptions described m Regulations section 53 4941(d}3 err m a amen( notice regarding disaster assistance (see page 19 of the insWCUons)? 7 b Organizations relying on a current notice regarding disaster assistance check here

e Did the organization engage in a prior year in any of the ads described in 1a, other than excepted ads, that were not corrected before the first day of the tax year beginning in 20017 1c X

2 Taxes on failure to distribute income (section 4942) (does not apply for years the organization was a private operating foundation defined m section 4942Q)(3) or 4942Q)(5))

a At the end of tax year 2001, did the organization have any undistributed income (lines 6d and 6e, Part XIII) for tax year(s) beginning before 20019 ~ Yes (K No If'Yes,'list theyears 11 20-, 19-, 19-, 19-

b Are there any years listed in 2a for which the organization is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed incomes (If applying section 4942(a)(2) to all years listed, answer 'No' and attach statement - see page 19 of the instructions ) 2b

c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here " 20-, 19-, 19-, 19-

3a Did the organization hold mare than a 2% dyed or indirect interest in any business enterprise at any time during the years E] Yes 0 No

b If 'Yes," did it have excess business holdings in 2001 as a result of (1) any purchase by the organization err 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)) [o 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 organization tied excess business holdings m 2001 ) 3b

4a ad the organization invest during the year any amount m a manner that wouldjeopard¢e its dwitable purposes 4a X b ad the organization make any investment m a prior year (but after December 31, 1969) that could jeopardrze its charitable purpose that

had riot been removed ham jeopardy before the first day of the lax year beginning N 2001 4b X 5a During the year did the organization pay or incur any amount to

(7) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ~ Yes ~ No (2) Influence the outcome of any speufic public election (see section 4955), or to carry

on, directly or indirectly, any voter registration drive? Yes No (3) Provide a grant to an individual for travel, study, or other similar purposes ~ Yes ~ No (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)7 ~ Yes ~ No (5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals? ~ Yes ~ No b If any answer is 'Yes' to 5a(1 K5), did any of the transactions fat to qualify under the exceptions described m Regulations section

53 4945 or m a current notice regarding disaster assistance (see page 20 of the uaWCUonc)? 5b Organizations relying on a current notice regarding disaster assistance check here t

c If the answer is 'Yes' to question Sa(4), does the organization dorm exemption from the tax because it maintained expenditure responsibility for the grant) ~ Yes E] No

Form eeo-aF (2000 Page 6 Part Vlll Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees, and

Contractors 1 List all officers . directors. trustees . foundation managers and their eomoensaUon lees Bane 20 of the instructionsk

t° a (a) Expense account n other aIbwan2a

hour per wsek I (if not pelf,

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

2 Compensation of five highest-paid employees (other than those included on line 1 -see page 21 of the instructions) If none, enter "NONE "

(b) Me and serape (u) GontnoWOns W

hours per week I (c) Compensation I employee benefit I (s) Expense account plans and deferred other allowances devoted to Position

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

If none,

6EML8

Total number of others receiving over $50,000 for professional

Part IX-A Summary of Direct Charitable Activities

LJSt the bunda4on's four largest direr charitable achhun dunnp the tax year include relevant statistical information such s4 the number I Expenses 01 rnganizabons and other benefiaanes served conferences mmencd, research pagan produced etc

1 NONE --------------------------------------------------------

2

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

3

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

4

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

Fwm, 990-PF (zooi) 67F FED2N7F 6

(a) Name ard address

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

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

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

(e) Name and address of each empiqee paid more than $50.000

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

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

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

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

3 Five highest-paid independent contractors for professional services-(see page 21 of

(e) Name and address of each parson paid mom than $50 000 NONE

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

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

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

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

Fog� eeaPF the

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

must complete this part Foreign foundations, see Minimum Investment Return oaqe 22 of the instructions )

purposes a Average monthly fair market value of securities b Average of monthly cash balances

06 .037

2 Acquisition indebtedness applicable to line 1 assets 3 Subtract line 2 from line 1d 4 Cash deemed held for charitable activities Enter 1'/x% of line 3 (for greater amount, see page 23 of

the instructions) 5 Net value of noncharitable-use assets. Subtract line 4 from line 3 Enter here and an Part V, line 4 6 Minimum Investment return Enter 5% of line 5 627,885

idations and Amount (see page 23 of the instructions) (Section 49420(3) and 0)(5) private operating organizations check here ii~ 0 and do not complete this part ) PaR XI

uisuiourao certain forei

1 Minimum investment return from Part X, line 6 2a Tax on investment income for 2001 from Part VI, line 5 2a 74 , 587 b Income tax for 2001 (This does not include the tax from Part VI ) 2b c Add lines 2a and 2b

3 Distnbutable amount before adjustments Subtract line 2c from line 1 4a Recoveries of amounts treated as qualifying distributions 4a b Income distributions from section 4947(a)(2) trusts ~ 4b c Add lines 4a and 4b 5 Add lines 3 and 4c 6 Deduction from distnbutable amount (see page 23 of the instructions) 7 Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part XIII,

line 1

Part XII Qualifying Distributions (see page 23 of the 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 b Program-related investments-Total from Part IX-B 2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc ,

purposes 3 Amounts set aside for specific charitable projects that satisfy the a Suitability lest (prior IRS approval required) b Cash distribution test (attach the required schedule) 4 Qualifying distributions. Add fines 1a through 3b Enter hoe and on Part V, line B, and Part XIII, line 4 5 Organizations that qualify under section 4940(e) for the reduced rate of tax on net investment income

Enter 1% of Part I, line 27b (see page 24 of the instructions) 6 Adjusted qualifying distributions . Subtract line 5 from line 4 1 6 1 5,212, 466

Note* The amount on line 6 cacti be used m Part V, column (b), in subsequent years when calculating whether the foundation quakes for the section 4940(e) reductron of tax m those years

F«m 990-PF (2ow) S1F FEOM77F 7

urges 7

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

Z

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

All other ProGremtelatcd mmtrneMS See page 22 01 Cie instrucUOru 3

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

c Fair market value of all other assets (see page 22 of the instructions) d Total (add lines 1a, b, and c) e Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation)

77

8

lel I (b) I M I (4) rPw Yeare y~ m 2000 200o toot

F«m 990-PF (mot) STF FE07077F 8

Form B90.PF (2001)

Part XIIIUndistributed Income (see page 24 of the instructions)

1 Distributable amount for 2001 from Part XI, line 7

2 Undistributed income, if any, as of the end of 2000 a Enter amount for 2000 only 0 b Total lorprior years 19-,19-,19- 0

3 Excess distributions carryover. if any, to 2001 a From 1996 34 098 b From 1997 87 066 c From 1998 0 d From 7999 0 e From 2000 233 554 f Total of lines 3a through e 354,6681

4 Qualifying distributions for 2001 from Part XII, linen j,. $ 5,212 .966

a Applied to 2000, but not more than line 2a 0 b Applied to undistributed income of pnoryeas (Election required - see page 24 of the instructions) 0

c Treated as distributions out of corpus (Election required - see page 24 of the instructions) 0

d Applied to 2001 distnbutable amount e Remaining amount distributed out of corpus 0

5 Excess distributions carryover applied to 2001 340 , 832 (if an amount appears in column (d), the same amount must be shown in column (a) )

6 Enter the net total of each column as indicated below

a Corpus Add lines 3t, 4c, and 4e Subtract line 5 13 836 . b Prior years' undistributed income Subtract line bb

from line 2b 0 c Enter the amount of poor 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 page 25 of the instructions 0

e Undistributed income for 2000 Subtract line 4a from line 2a Taxable amount - see page 25 of the instructions

f Undistributed income for 2001 Subtract lines 4d and 5 from line 1 This amount must be distributed in 2002

7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(E) or 4942(8)(3) (see page 25 of the instructions) 0

8 Excess distributions carryover from 1996 not applied on line 5 or line 7 (see page 25 of the instructions) 4

9 Excess distributions carryover to 2002 . Subtract lines 7 and B from line 6a 13 , 836

10 Analysis of line 9 a Excess from 1997 0 b Excess from 1998 0 c Excess from 1999 0 d Excess from 2000 13 836 e Excess from 2001 0

F«m e9arF

sic FEoam7F 9

the 1a If the foundation has received a ruling or determination letter that it is a private operating

foundation, and the ruling is effective for 2001, enter the date of the ruling M. I N~ b CIA box to indicate whather the aganirahon is a private operaling foundation deunbed in section [] 49426)(3) or

2a Enter the lesser of the adjusted net Tax year Prior 3 years income from Part I or the minimum (a) zooi (n) 2000 (q 1999 irrveslmeM return from PaA X for each

(a~ lees ~e~ Total

year listed b 85% of line 2a c Qualifying distributions from Part XII,

line 4 for each year listed d Amounts included in tine 2c not used directly fir

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 4942Q)(3)(B)(i) b 'Endowment' alternative test - Enter

2h of minimum investment retain shown in Part X, line 6 far 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 49420)(3)(B)(n)

(3) Largest amount of support from an exempt organization

(41 Gross investment income l Part XV I Supplementary Information Complete this part only I( the organization had $5,000 or more in assets

at any time during the year - see page 26 of the instructions.) 1 InformaUon Regarding Foundation Managers* a List any managers of the foundation who have contributed mare than 2% of the total contributions received by the foundation

before the close of any lax year (but only d 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 of a partnership or other entity) of which the foundation has a 10% or greater interest NONE 2 Information Regarding Contnbubon, Gran; Gift, Loan, Scholarship, etc., Programs .

Check here 0,- 0 if the organization only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds If the organization makes gifts, grants, etc (see page 26 of the 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

CHARLES A . FRUEAUFF FOUNDATION, INC . 900 5 . SHACKLEFORD RD ., SUITE 300, LITTLE ROCK, AR 72211

b The form in which applications should be submitted and information and materials they should include REQUEST LETTER AND COPY OF TAX EXEMPT STATUS

c My submission deadlines MARCH 15 AND SEPTEMBER 15

d My restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors NOT OUTSIDE UNITED STATES, NO INDIVIDUALS, NO LOANS

F«m 990-PF (zooi)

Fqm BB0.PF (2001) Page 10 Part"XV Supplementary Information (continued)

Form 990-PF (soot) STF FED3m7F 10

11 Form B90.PF

SiF FEU2037F 1 S

Enter gross amounts unless otherwise indicated Unrelated business mama FsJUded by seUion 512, 513, a 514 (e) Related u eampt

(a) (b) (e) (d) tw+ctlon income Business code Amount Exclusion coda Amount (tee page 2e a

1 Program service revenue t^°'^'°"`b°"5 ) a b c d e f g Fens and contrails from government agencies

2 Membership dues and assessments 3 Interest on savings and temporary cash investments 14 24 8 , 5 4 0 4 Dividends and interest from sectinties 14 11, 227 , 374 5 Net rental income or (loss) from real estate

a Debt-financed property b Not debt-financed property I

6 Net rental income or (loss) from personal property 7 Other investment income 8 Gan err (loss) from sales of assets other than inventory 18 ( 222 , 204 9 Net income or (loss) from special events

10 Gross profit or (loss) from sales of inventory 11 Other revenue a

b c d a r

72 Subtotal Add columns (b), (d), and (e) - , 25_3, 710 13 Total. Add line 12, columns (b), (d), and (e) " 13 4,253, 710 (See worksheet m line 13 instructions on naae 26 to venfv calculations

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

page 27 of the instructions

Form 990-PF (zoot)

Form 990-PF vane 12 and Transactions and Relationships With

(1) Sales of assets to e nonchantable exempt organization 1b 1 X (2) Purchases of assets from a nonchantable exempt organization 1b 2 X (3) Rental of facilities, equipment, or other assets 1b(3) X (4) Reimbursement arrangements 1b 4 X (5) Loans or loan guarantees 1b5 X (6) Performance of services or membership or fundraising solicitations 16 6 X Sharing of facilities, equipment, mailing lists, other assets, or paid employees 1c X 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 green by the reporting organization If the organization 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

2a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described m section 501(c) of the Code (other than section 501(c)(3)) or in section 527? Yes [& No

b If 'Yes," complete the following schedule

57FfE02fi37F 12

Did the organizibon dire* or Indirectly engage m airy of the fdlowug with any alher orgauzabon described m section 501(c) of the Code (other than section 501(c)(3) organizations) or m section 527, relating to polibcal aganizahonu7

a Transfers from the reporting organization to a nonchantable exempt organization of (1) Cash (2) Other assets

b Other Transactions

Under penalties of penury, l dedaro that 1 have womme0 this retain, irx9u0i true cortect, enqcomplme Declaration of prqWamr (other roan taxpayer or

Y' Sinathte, of officer or trustee m x e m ̀T

~ p Preparer's' a a m signature a 7 Firms name (or yours If

sel6employM) address,' .. .w no ...w.

Page 1, Part I - Analysis of Revenue and Expenses

Line 23 - Other Expenses Office $ 10,162 $ 3,912 $ 6,250 Telephone 5,045 1,942 3,103 Insurance 6,336 2,439 3,897 Custodian Fees 37,394 14,397 22,997 Contract labor 1,500 578 922 Miscellaneous 1 .006 388 618

$ 61 .443 $ 3.656 $ 37.787

Charles A Frueauff Foundation, Inc 13-5605371 Form 990-PF Calendar year 2001

(a) (b) (d) Disbursements

Revenue & Net for Expenses Investment Charitable Per Books Income Purposes

Line 16a - Legal fees Penmngton, Moore, etal $ =LUA $ &32A

Line 16b - Accounting Fees Price Waterhouse Coopers $ 13,500 $ 5,198 $ 8,302 Skelton, Bryant, etal 24,006 9,242 14,764 Less : Tax return preparation (not allowed

for charitable purposes) (2,0001 $$~ $il00

Line 16c - Other Professional Fees Investment management $ ~]3 0 $ 3 1

Line 18 - Taxes Payroll taxes $ 9,274 $ 3,570 $ 5,704 Foreign taxes withheld 3,424 3,424 Federal excise tax 74,587 State filing fee 61 23 38

$ -21,346 $ 7-017 $

INTEREST DUE BOOK

RA DATE VALUE US 7REASURS BOND 8750% 05/15/17 3 505,668

US TREASURY NOTES 6 500% 05/1 5/05 137,016

US7REASUFtYNOTES 6500% 10/15/06 155,414

US iREASUR} NOTES 6 250% 01115/07 124,050

US TREASURY NOTES 5875°.5 11/13/05 238,579

US TREASURI NOTES 5625% 0211506 132,184

US TREASURY NOTES 5 000°,6 02/15/11 1 888,077

US TREASURY NOTES 5 000°,e 08/15/1 1 546,676

MARKET

VpL

S 709,425

134,883

163,125

129,344

238,817

131,699

1,897,856

548,278

S 3,727,661 S 3,953,627

CHARLES A FRUEAUFF FOUNDATION, INC 13-5605371 Form 990-PF Calendar Year 2001

Page 2, Part II - Line I Oa - Investments - US Government Obligations

BOOK MARKET SECURITY SHARES VALUE VALUE

A G EDWARDS 17,062 $ 250,711 $ 753,629 ABBOT LABS 6,400 299,360 356,800 AES CORD 9,260 93,824 151,401 AGILENT TECHNOLOGIES INC 7,322 163,823 208,750 AMERICAN EXPRESS CO 9,000 436,763 321,210 AMERICAN HOME PRODUCTS CORD 14,000 247,704 859,040 AMERICAN INTL GRP INC 10,500 553,094 833,700 AT & T CORD 30,000 136,860 544,200 AUTOMATIC DATA PROCESSING INC 22,600 547,171 1,331,140 AVALON BAY CMNT INC 9,400 395,248 444,714 HANK OF NEW YORK, INC 4,300 222,456 175,440 BEAR STEARNS COMPANIES INC 19,010 498,743 1,114,746 BELL SOUTH CORD 24,600 184,865 938,490 BOSTON PPTYS 11,200 394,876 425,600 BP AMOCO PLC 38,480 427,367 1,789,705 BRISTOL MYERS SQUIBB CO 33,600 574,441 1,713,600 BURLINGTON NORTHERN SANTA FE 20,000 17,871 570,600 BURLINGTON RESOURCES, INC 20,219 77,442 759,021 CHEVRONTEXACOCORP 17,559 330,544 1,573,462 CITIGROUP INC 36,866 939,884 1,860,996 COCA COLA CO 12,400 246,697 584,660 COLLATE POLMALIVE CO 20,000 196,468 1,155,000 CONAGRA, INC 9,700 251,506 230,569 CONOCOINC 9,100 248,969 257,530 CORNING INC 7,500 503,656 66,900 CSX CORD 10,000 29,601 350,540 DELPHI AUTOMOTIVE SYS CORD 24,283 312,290 331,706

DUKE ENERGY CO ]1,3-00 441,713 443,638 ELECTRONIC DATA SYS CORD 2,100 149,142 143,955 EMERSON ELEC CO 3,000 198,420 171,300 EUROPACIFICGROWTH FD 127,417 ;48 3,183,387 3,423,704 EXXON CORD 53,056 185,660 2,085,101 FIRST DATA CORP 14,100 596,330 1,106,145 FLEET FINANCIAL GROUP INC 18,378 249,627 670,797 GENERAL ELECTRIC 60,000 331,373 2,404,800

GENERAL MOTORS CORD 9,025 190,250 438,615 GENERAL MOTORS CORD CL H NEW 9,04 85,827 146,837 GILLETTE CO 20,000 237,840 668,000 GREAT LAKES RE1T COM 12,700 250,259 203,200 HOME DEPOT 16,950 601,926 864,620 INGERSOL BAND CO 30,000 146,620 1,254,300 INTEL CORP 34,300 221,550 1,078,735 MTL BUSINESS MACHINES 5,900 698,510 713,664 JOHNSON +JOHNSON 37,200 108,247 2,198,520 1P MORGAN CHASE & CO 12,580 248,303 457,283 KILROY RL7'1' CORD 8,600 247,104 225,922 LEHMAN BROS HOLDINGS INC 2,900 197,722 193,720

Charles A Frueauff Foundation, Inc 13-5605371 Form 990-PF Calender Year 2001

Page 2, Part II, Line l Ob - Investments - Corporate Stock

BOOK MARKET SHARES VALUE VALUE 65,159 830 1,373,760 1,317,532

28,525 346,648 1,004,080 20,000 500,000 490,000 10,300 446,596 527,463 19,000 467,963 1,117,200 10,400 496,484 255,112 14,200 749,352 106,500 47,575 191,568 1,895,864 7,100 200,312 201,285 6,700 246,568 233,495 11,600 236,781 917,908

106,112 763 1,485,113 1,835,751 13,100 448,090 347,412 56,210 414,459 2,201,746 20,000 306,085 1,099,000 2,866 68,453 10,174

23,714452 536,032 456,503 24,200 371,140 706,640 25,400 694,518 1,042,670 60,000 394,180 1,680,000 11,172 286,275 377,837 21,650 329,634 1,027,509 7,400 397,216 425,870 10,200 350,653 333,540 6,400 297,660 346,112 9,960 227,730 304,177

S 29,015,314 $ 58,857,345

SECURITY tS1AS FI75 MID CAP MBNA CORD MCI CAPITAL I, QUIPS SER A PFD MEDTRONIC INC MERCK & CO NOKIA CORD NOR'CEL NETWORKS CORD PFIZER INC PLUM CREEK TIMBER CO PPL CORD PROCTER & GAMBLE PUTNAM VOYAGER FD RELIANT ENERGY INC SBC COMMUNICATIONS INC SCHLUMBERGER LTD SEABULK INTL INC STANDISH AYER + WOOD iNVT TR INTL EQ FD STERLING BANCORP TARGET CORD TEXAS INSTRUMENTS INC TRANSOCEAN SEDCO FOR-EX INC VERIZON COMMUNICATIONS WALMARTSTORES INC WASHINGTON MUT INC WEYERHAEUSER CO ZIMMER HOLDINGS INC

INTEREST DUE BOOK MARKET

RAT DATE VALUE VALUE

ADEi.PHIA COM'.4l7NICATlONS CORD to 875°1e 10(OlllO S 246,875 00 S 252,500 00

AES CORD 8 875% 11/0127 102,537 83,097

AGCO CORD 9 500°.e 05/01/08 146,062 156,750

AF.571,CORP 7875°.5 02/15/09 116,100 118,200

ALLSTATE CORD 6750% 06115/03 998,268 523,280

ANALOG DEVICES INC 4750% 10/01105 257,716 276,834

AOLTIME WARNER iNC 6750°.0 04/15/11 49,875 51,068

AOLTRAff.WARNER INC 6123°.e 04/15/06 149,689 153,462

ASSOCIATES CORD NORTH AMERICA fi 875°.0 07/01/03 459,01 1 480,557

AT&T CORP 7300°.e 11/15/11 149,479 154,135

AT&T CORP 6000°.e 03/15/09 347,344 332,873

BANGliO SENI'RA1 8 600°.6 06/1527 63,321 73,000

BANGKOK H}. PUB 8250% 03/15/16 211,380 344,230

BANE. OF 4MERICA SUB NOTES 7750% 07/15/02 1,000,000 1,029,790

BANkBOSTON NA 6 375% 04/15108 500,e44 510,210

BOEING CAP CORD 5 650°.o 0511 5106 76,448 74,757

BRAZIL (FEDREPOF) 1000°.= 04/15/14 276,643 285,<69

BRITISH COLUMBIA PROI' 6 000°.0 06/09/03 499,e06 479,975

BURLINGTON NORTHERN SF 7 570°ie 01/02121 233 844 249,346

CAI.PINE CORD 7 750°n 04115109 149,997 132,750

CARRAAgRICA RLT1' CORD 6 625% 03/01/05 383 484 410,316

CHARTER COMMUNICATIONS INC B 625% 04/01/09 233 750 238,750

CIT GROUP INC 5 625°.= 10115/09 313,740 324,933

COASTAL COPT 6950°re 06/0128 113,356 111,847

COLUMBIA HCAHEALTHCARE 7690% 06/1525 164,129 190,000

COLl7MBIA/HCAI-EALTHCARE 7190°.0 11/IS/IS d"7,297 98,500

CONAGRA INC 7000% 10/0128 494,823 497,732

CONSECOWC 8750% 02/09/04 235,000 117,500

COPELCO CAP REC LLP 7 870% 05/18/06 86,853 90,469

COUNTRY HOME LN INC 6 950°r. 06/15/04 826,168 841,016

CUMMINS ENGINE INC 6250% 03/01/0; 478 580 499,645

DANA CORD NT 6 300°.e 03/01/09 170 052 147,600

DELL COD.fPUI'ER 7100°,0 04/1528 515,272 452080

DELPHI AUTOMOTIVE S1S CORD 6 SOOT 05101/09 475,185 475 275

DELiAAIRLINES INCDE 7700°.o 12/15/05 349,188 319,500

DONALDSON LUFhIN S JENRETI'E, INC 6 50045 U6/OINP 308 591 332,517

DONALDSON LUFF.IN 8 JENRE7TE INC 6 500°,e Oa/01/OF 95 345 102,532

DR HORTON INC 93759/. 03115111 118950 121,200

EL PASO ENERGY CORD 6 150% 0511 5109 144 624 145 008

ENERSIS SA 7 400".0 17101/16 186,463 216,387

EIJERSISSA 6900°.0 12101/06 69,901 78,913

ENSCOiN77.INC 6750°.b 11/15/07 234148 249,722

EOP OPER LP 7 25095 06/1328 293,977 324,208

ERnC USA FM CO 7 950% 12/15/09 298443 305,433

FAIRCHILD SEP9CONDUCI'OR CORD 10 500% 07101/09 245 938 263 750

CHARLES A FRUEAUFF FOUNDATION, INC 13-560571 Form 990-PF Calendar Year 2001

Page 2, Part II - Lme 10c - Investments - Corporate Bonds

INTEREST DUE BOOK MARKET

RATE DATE VALUE VALUE

FEDERAL HOME LN MI'G CORD 5 500°.: 09115/11 249,111 240,061

FEDERAL HORS LOAN BANKS 7000% 08/1523 140,018 131,639 FEDERAL HOAX LOAN MI'G 7000% 03/15130 78,194 78 985

FEDERAL HOME LOAN M7'C PC G1'D 10000% 04/1520 104,248 102,371

FEDERAL NATL h1TG ASSN 6625% 10/15/07 102,964 107,875

FEDERAL NATL MI'G ASSN 6375% 06/15/09 1,353,724 1,374,299

FEDERAL NATL MfG ASSN 5 250% 0611 5106 572930 575,328

FEDERAL NATL MI'G ASSN 5250% 06115/06 952,798 936,818

FEDERAL NATL MTG ASSN RFA9C 9000% 102320 115,051 115,964

FEDERAL NATL MTG ASSN REh9C 1250% 0712522 123,867 129,726

FELCOR LODGING LTD PARTNERSHIP 8 500% 06/0111 37,450 37,988

FIRST INDL LP 7 000% 17101/06 288,294 109,450

FIRST UN NA71 . BF: COt.II, MTG 7R 7390% 11/15/09 214,406 215,927

FIItS7PLUS HOB LN OWNER 7R 7 550% 11/1023 127,969 133,313

FLEET FINANCIAL 6875 03/01/03 497,978 527,920 FLEET NATL Bh PROVmENCE 5 750% 01/1509 155,391 169,682 F1.EX7ROMCS IM1 LTD 9 975% 07/0110 257,031 262,500

FORD MOTOR CO 6625% 10/0128 32,654 41,624

FORD MOTOR CO 6 373°.0 0710129 19,607 80,469

FORD MOTOR CO 5800% 01/09/12 220,748 226,597

FORD AfIRCO 67001 07/16/04 998,324 914,706 FRANCHISE FIN CORD AMER hflN 7070% 01/15108 203,926 216,336 GENERAL MOTORS ACCEPTANCE CORD 7625% 05/0503 1,071,505 1,038,650

GLOBAL MARINE 7000% 06/0128 730,661 272,325

GMAC 68751 09/15/11 243,897 244,513

GMAC 7250°.e 03/02111 101,381 100,713

GMAC COtvll. tvffG SEC INC 6 566% 04/1529 101,422 107,160

GOVERNMENT NATLMfGASSN 6000°.o OI/IS/Oa 1,031,434 1,039789

FLIVNAMANI;ENTERPRISES 9125°.e S/UI/09a1a 200,000 195,000

Hh4H PPTYSINC 78751 08/01108 115,800 111,000

IN"T"ERNATIONAL BA FOR RECON S DES' S SDO°.e 11/0308 380,271 J07,ft0"i

F. MART CORP 9350°.a 01/02/10 94,889 67,000

3, MART COBS' 9250% 01101 R2 142,622 94,500 h MART CORD 7950% 0110123 81,125 60,500

KAUFMAN 8 BROAD HOAX CORD 7 750% 10115/04 200 247 201,500 hN ENERGY INC 6 800°.e 03/01/08 204 258 205 150

KN ENERGY INC 6650% 03/01/05 200,872 204,920

LEAK CORD 8 110% 05/1509 95,238 97,205

LEHMAN BROTHERS INC 6625% 07115/08 47,671 51,358

LENNARCORP 7625% 03/01/09 90,875 102,000

LEVEL 3 COMMUNICATIONS INC 9125% 05/01/08 258,750 130 000

LOCf:I-EEDMARTIN 7700% 06/15/08 246,881 274,043

LOEWSCORP 3123°.e 09/15/07 276,872 299,880

LUCENT TECHNOLOGIES 72501 07/15/06 21,688 21,250

LUCENT TECHNOLOGIES 3 500% H115/08 244,637 206,250

MANITOBA PROS' 5 750% 06102/08 437,600 416,066

MARTIN MARIETTA CORD 7375% 04115/13 187,728 206,208

AMDI7RUST CORD 7000% 0e/1507 295,221 315 000

MERRILL LYNCH MTG INK'S INC 6490% 11115t26 102 SOU 101 362 MORGANSTAIJLE\ 6750°i. 03/04/03 x96771 516,280

MOTOROLA INC 8 000% 11/01/11 124,541 126,360

MOTOROLAINC 7625°.. 11/15/10 49,500 49,630

MOTOROLAINC 650U°/. 11/1526 77 43G 81,861

5 39 415 075 S 39 784,822

INTEREST DUE BOOK MARKET

RATE DA7' VALUE VALUE

NAIL RURAL [JR.IS COOP FIN 6000% 05/1 5/06 995,400 1,019,190

NEW 7EALAND GVT 6000% 11/15/11 193,178 137,068

NE.a"fELCOMMUNICATIONS 93'I5% IS/15M9 292,250 251,875

OCEAN ENERGY INC 8250°.e 07/01/18 218,299 225,502

ONTARIO PROVCDA 3700% 17101108 436,701 414,388

PARKER S PARSLEY PETE CO H 250% 09/1 5/07 181,500 207,500

PENNZOIL QUACF,ER ST CO 7 375"/. 0410189 199,072 159,500

PENNZOIL QUACF:ER ST CO 6 7501 04/01/09 68,432 69,750

PERTOLEOSMffaICANOS 92501 03130/18 388,551 462,375

PERTOLEOS MEaICANOS GLOBAL 9500% 09/1527 165 621 209,000

Pl1ARMACIA CORD 5 975% 17/01/08 398,879 <01,188

PHILIPPINE LD TEL CO 8 350% 03/06/17 174,121 133,400

PIONEER NAT RES CO 6 500% 01/15/08 83,443 92,250

PII'NES BOWES INC 5 875% 05/01/06 800,312 818,032

QUEBEC PRV CDp 5 500% 04111106 798,104 814,848

QUEZON POWER PHILIPPINES 8 860% 0611 5117 1 11,649 99,495

RAYTHEON C0 6 300% 03/15/05 351,026 383,468

RESIDENTIAL FDG MTG SECS I INC 6 500% 062529 122,505 133,119

ROHM & HAAS CO 7 400% 07/15/09 253,269 268,745

SEARS ROEBUCK ACCEP CORD 7000% 07101/11 122,806 127 071

SEARS ROEBUCK ACCEP CORD 6 750°/, 08/1 5/11 48,656 49,786

SFCURITYCAPINDL'IR 7625 07/01/17 209,332 208,935

SOUTH AFRICA REP 8 500°.e 0623/17 290,685 382,200

SOUI}{I,AND CORP I ST PRIORITI' S 000% 17115/03 178,500 191,478

SOUI'FII.AND CORD 2ND PRIORITI 4 500% 06115/04 128 438 140,150

SPRINT CAP CORD 6900% 05/01/19 44,192 46,766

SPRINT CAPCORP 6875°.e 11/1528 149556 160,071

SPRINT CAPCORP 6125% 11/15i08 226,499 243,170

SiTNMICRO SYSTEMS INC 7150% 08/15/04 249,970 257,525

SUSAPARiNERSFiIP 7450°.e 07/01/18 321 213 333403

TATA ELEC COS Nf 8 500°,e 08/19/17 81,244 92,132

TENAGANASIONALBERHAD 1 500% 1110125 101,136 99,251

THAI FARMERS B}. 8250°,6 08111/16 67027 121,300

'LIME WARNER INC 6 625% 05/1529 297 187 280,311

TIVERTON Pw'R ASSOCS LTD 9000% 07/15/18 100,000 90,500

TRIAD HOSPITALS 11000°/. 05115109 118,388 120,650

7RICON GLOBAL REST 7450% 05/15/05 249,418 252,300

TRW INC 7125% 06/01/09 388,294 387,788

7RWiNC 6250 01/15/10 22,408 23,039

TYCO 1NIl GROUP S A 6 375°,0 02115106 901,472 815,592

UNILEVERCAPITAL CORP 6 875 0 11/01/05 838456 852,624

UNION PACIFIC RES GRP 6 750°.e 05/15/08 232,465 258,550

US WEST COMMUNICATIONS INC 5 625% 11/15108 91 360 89 948

USANETWORKS MC 6750% 11/15/05 299,028 310,098

WALMART STORES INC 8 875°,5 06/2911 1 14S,973 147,994

WILLIAMS COMM CO 10700% 10/01/07 271,469 117,563

WORLDCOM INC GA NEW 7 500°.5 0511 5111 99,210 102,408

XERO\CORP 7150 08/01/04 249000 277,500

Beginning End of of year year

$20,222 $ 25,689 (10,922 1 (14,183 1

$ 9.300 $~

Office equipment Less accumulated depreciation Book value/fair market value

Charles A. Frueauff Foundation, Inc 13-5605371 Form 990-PF Calendar year 2001

Page 2, Part II, Balance Sheets : Line 14 - Land, Building & Equipment Less Accumulated Depreciation

Grand Total 26,318 26 0 OOc 000 10,921 62 3,891 06 14,812 68 I 1,505 58

FRUFO CHARLES A FRUEAUFF FOUNDATION, INC 04/15/2002 4 45 PM Tax Asset Detail 1101/01 - 12131101 Page

FYE 12/31/2001

Date In Sec 179 Exp Salvage Prior Current End Net Asset _ Property DescnpGon Service Cost Current = c Value Depreciation Depreciation Depreciation Book Value Method Period

Group- COMPUTERS

3 COMPUTER 5118194 2,011 60 000 000 2,011 60 000 2,011 60 000 S/L 5 0 7 COMPUTER 11/01/96 2,02500 000 000 1,67063 354 37 2,02500 000 S/L 5 0 8 SOFTWARE KNOWLEDGE 11/02/96 1,85108 000 000 1,527 16 32392 1,85108 000 S/L 50 9 PRINTER 5/20/94 72733 000 000 72733 000 72733 000 S/L 5 0 10 COMPUTER 9/13/96 2,46100 000 000 2,15338 10762 2,46100 000 S/L 50 1I ARISTOTLE WEB SITE 10/30/00 5,91650 000 000 14791 1,18330 1,331 21 4,585 29 S/L 5 0 12 ARISTOTLE WEB SITE 2/06/01 6,09621 0 OOc 000 000 1,11764 1,11764 4,97857 S/L 5 0

COMPUTERS 21,088 72 0 OOc 000 8,238 01 3,286 85 11,52486 9,563 86

Croup FURNITURE & FIXTURES

2 PORTRAIT 1/01/90 1,00000 000 000 1,00000 000 1,00000 000 S/L 7 0 4 FURNITURE 10/09/96 703 10 000 000 414 32 10044 51476 188 34 SIL 7 0 5 FURNI I'URE 12/03/96 69575 000 000 40998 9939 50937 18638 S/L 7 0 6 DESK &CHAIRS 17102/98 2,87069 000 000 859]1 40438 1,26369 1,56700 S/L 70

FURNITURE & FIXTURES 5,229 54 0 OOc 000 2,68361 604 21 3,287 82 1,941 72

.. a; ( .'

a.uaUsrEi t '- ", GRL3S5" ~, tk1N' ,AGAINST

.~?p,T,E" . " ~ DATE ~ Srl"L1s: AS,oF ` E7ccESS:G ` ;° . « . .PS?ftPIrR7`.v~. ~ �. ..,dtYt~tio~u`

CHARLES A FRUEAUFF FOUNDATION, INC 13-5605371 Fonn 990-PF Cnlender Year 2001

Page 3, Part IV - Capital Gams & Losses for Tax nn Ime,lment Income

I'OTALJ 28412131 28634335 (222.204) 31,671 25251 6,780 ~ (278,589)

Average Hours

Name & Address Per Week Title Compensation

Charles T Klein, Esq. Part-tune Vice-President/Trustee $ 52,986 PO Box 1048 Wickenburg, Az 85358

James P Fallon, Esq Part-time Vice-President/Trustee 78,319 39 Lawrence Farms Crossway Cappequa, NY 10514

A C. McCully Part-tune President Ementus/Trustee 52,986 730 Live Oak Plantation Road Tallahassee, Fl 32312

David A Frueauff Full-time President/Trustee 108,718 900 S Shackleford Suite 300 Little Rock, AR 72211

Karl P Fanning Pert-tune Trustee 31,666 PO Box 60 Fair Play, Co 80430

Sue M. Frueauff Full-time Secretary/Trustee 89,167 3 101 Misty Lane Little Rock, Ar 72227

Anna Kay Frueauff-Grace Part-time Trustee 35.733 13216 Fairway Village Court Little Rock, Ar 72212

$ X49

Charles A Frueauff Foundation, Inc 13-5605371 Form 990-PF Calendar year 2001

Page 6, Part VIII - Information about Officers, Directors, Trustees, etc

Education

Student Aid .

Alice Lloyd College $40,000 Scholarships Pippi Passes, KY

AR Single Parent Scholarship $40,000 Scholarships Spnngdale, AR

Bank Street College of $25,000 Scholarships Education New York, NY

Bellevue University $40,000 Scholarships Foundation Bellevue, NE

Blackburn College $30,000 Work-scholarships, Program Carhnville, IL Support

Catawba College $30,000 Student Workships Salisbury, SC

Christian Brothers University $35,000 Scholarships Memphis, TN

College of St Mary $20,000 Scholarships Omaha, NE

Cumberland College $25,000 Work-study Scholarships Wdhamsburg, KY

Eckerd College $50,000 Scholarships St Petersburg, FL

Franklin Pierce College $;0,000 Scholarships Rmdge, NH

Hunter School of Social Work $30,000 Tuition New York, NY

Kansas University $35,000 Minority Scholarship Fund Endowment Lawrence, Ks

Charles A. Frueauff Foundation, Inc. 2001 Grants

Lyon College $50,000 Scholarship Fund Batesville, AR

Marymount College $30,000 Tuition, Tutorial Tarrytown, NY Support

Moravian College $40,000 Scholarships Bethlehem, PA

Oglethrope University $45,000 Scholarships Atlanta, GA

Pikeville College $30,000 Scholarships Ptkeville, KY

Piney Woods School $30,000 Scholarships Piney Woods, MS

Regis University $50,000 Scholarships Denver, CO

Rollms College $30,000 Scholarships Winter Park, FL

Rust College $2,000 Medical Technology Holly Springs, MS Scholarships

Southern Scholarship $35,000 Student Sponsorships Foundation, Tallahassee, FL

Stonehill College $50,000 Scholarships Easton, MA

Sweet Briar College $100,000 Two Scholarship Endowed Sweet Briar, VA Funds

Tougaloo College $30,000 Scholarships Tougaloo, MS

Trevecca Nazarene University $20.000 Physician Assistant Nashville, TN Scholarships

Tusculum College $50,000 Work-study Scholarships Greenvdle, TN

University of the Ozarks $40,000 Scholarships Clarksville, AR Learning Center

Total . $1,085,00

2

Construction, Equipment :

Belmont University $50,000 Student Center, Nashville, TN Music/Business Endowment

Desert Caballeros Western Museum Wickenburg, AZ $50,000 Museum Expansion

Linden Hall $;5,000 Gym/Theatre Renovation Lrtrtz, PA

Melmark $50,000 Construction/Renovation Berwyn, PA

Philander Smith College $45,000 Library Construction Little Rock, AR

Stetson University $50,000 Science Equipment Deland, FL

Tabor College $50,000 Library Automation System Hillsboro, KS

Wickenburg Foundation for $100,000 Construction, Equipment the Performing Arts Wickenburg, AZ

WNYC Radio $10,000 FM Transmission Restored New York, NY

Total . $440,000

Special Programs-

AR Business & Education $1,000 Arkansas Scholars Alliance, Little Rock, AR

Caramoor Center $20,000 Education Outreach Katonah, NY

Hadley School for the Blind $25,000 Course Development Wennetl .a IL

Hamilton College $25,000 ACCESS Project Clinton, NY

Issues TV $15,000 Who Counts' Lessons form Bedford Hills, NY the 2000 Vote

3

Music Conservatory of $35,000 Music Therapy Institute Westchester programs White Plains, NY

National Cowboy & Western $15,000 National Endowment for the Heritage Museum Humanities Challenge Oklahoma City, OK

Oglala Lakota College $20,000 Faculty Endowment Kyle, ND

Pace University, Law School $20,000 Faculty Research Projects White Plains, NY

Persephone Productions $17,000 Coverage of the Nursing Arlington, VA Shortage

Recording for Blind & $45,000 National Education Outreach Dyslexic, Princeton, NJ

Rockhurst College $33,000 Service Learning and Kansas City, MO American Humanics Program

University of Scranton $15,000 University of Success Scranton, PA

Washington R Lee University $23,000 Shepherd Poverty Alliance Lexington, VA

Westminster College $50.000 Faculty Technology Support Salt Lake City, UT

Total- X373,000

General Operations:

American Humanics $25,000 Program Support Kansas City, MO

Boys Choir of Harlem $20,000 Choir Academy Support New York, NY

Hendnx College $25,000 Annual Fund Challenge Conway, AR

Total $70,000

4

Social Services'

Services for the Handicapped :

Boggy Creek Gang Camp $15,000 Ventilator Assisted Family Eusns, FL Retreat Weekend

Fountain House $2,000 Transitional Employment New York, NY

Guiding Eyes for the Blind $30,000 Graduate Assistance Program Yorktown Heights, NY

General Support International Hearing Dog $35,000 Henderson, CO

National Sports Center for the $5,000 Youth Development Disabled, Winter Park, CO Competition Clinics

Sunshine Supportive $15,000 General Support Employment Galveston Island, TX

Total . $125,000

Community Services:

Alabama Harvest $10,000 Program Expansion Montgomery, AL

America s Second Harvest of $30,000 Truck Purchase the Big Bend, allahassee, FL

Arkansas Cares $10,000 Playground Project Little Rock, AR

Broadway Community $30,000 Mothers Cooperative New York, NY Program

Center for Family Life m $25,000 Program Support Sunset Park, Brooklyn, NY

City Harvest $5 5,000 Program Support New York, NY

5

EDUCATION TOTAL: $1,968,000

Foundation for the Mid South $15,000 Endowment Jackson, MS

Good Faith Fund $20,000 Welfare Reform & Pine Bluff, AR Programming

Grand Street Settlement $35,000 Community Program Support New York, NY

Heifer Project International $15,000 Pembroke Farming Families Chicago, IL

Horticultural Society of NY $25,000 GreenHouse Program New York, NY Rikers Island

Hunters for the Hungry $10,000 General Support Big Island, VA

Legal Aid Society $50,000 General Support New York, NY

Life Steps Campus $25,000 Supportive Housing Program Foundation Casper, VJl'

Little Sisters of the $26,000 Asthma Prevention Program Assumption New York, NY

Midnight Run $20,000 General Support Dobbs Ferry, NY

Mid South Delta LISC $15,000 Training Programs Greenville, MS

Neighbors Link $15,000 General Support Mount Kisco, NY

Potluck $10,000 Program Support Little Rock, AR

Society of St Andrew $15,000 General Support Orlando, FL

Tutwiler, MS Community $15,000 Construction Education Center

6

Elder Care Services $25,000 Operating Support Tallahassee, FL

YWCA of New York City $20,000 ReEntry Employment New York, NY Program

Total - $516,000 Youth Services :

Age to Age, Wesley $44,000 Program Enrichment Foundation, Russellville, AR

Alpha House, Home for Boys $25,000 Salaries, Utilities, Tupelo, MS Remodeling

AR Sheriffs' Boys & Girls $30,000 General Support Ranches, Batesville, AR

Big Brothers, Big Sisters, $30,000 Program Support New York, NY

Big Brothers, Big Sisters of $15,000 Program Support North Central AR, Russellville, AR

Boys Choir of Tallahassee $48,000 Program Enrichment Tallahassee, FL

Boys Clubs of New York $50,000 Program Support New York, NY

Boys & Girls Clubs of the AR $55 .000 Program Support River Valley Building Campaign Russellville, AR

Boys & Girls Clubs of the Big $50,000 General Support Bend, Tallahassee, FL

Boys & Girls Clubs of Middle $50,000 Program Support TN Nashville

Boys, Girls, Adults $30,000 Early Childhood Programs Community Dev Center, Equipment Marvell, AR

Brooklyn Bureau of $20,000 Project Jump Start Community Service Brooklyn, NY

Catholic Charities Diocese of $50,000 Child Care Program Brooklyn & Queens Expansion

7

Centers for Youth & Families $50,000 Parent Center Classes Little Rock, AR

Children and the Classics $20,000 Program Support New York, NY

Children's Aid Society $30,000 Health & Fitness Program New York, NY

Children's Home Society of $25,000 Construction Florida, Tallahassee, FL

Children's Village, $30,000 After Care Plus Program Dobbs Ferry, NY

Colorado Boys Ranch $15,000 Education Program Support Foundation, Denver, CO

Family & Children's Services $15,000 Trauma Debriefing Nashville, TN Counseling

Fresh Youth Initiatives $25,000 Program Support New York, NY

Good Shepherd Services $40,000 Youth Activities New York, NY

Happy Trails Children's $35,000 Cottage Construction Foundation Apple Valley CA

Interfaith Neighbors $50,000 Teen Leadership & Learning New York, NY Center, Peace of

Mind Project

Inwood House $30,000 Teen Choice Program New York, NY

Jonestown Learning Center $15,000 Construction Project Jonestown, MS

Kids in the Middle $5,000 Therapy Sessions St Louis, MO

Lighthouse Children's Home $330,000 Remodeling & Construction Tallahassee, FL

Little Rock Boys & Girls $30,000 Educational Programs Clubs Little Rock, AR

8

Metropolitan Inter-Faith $15,000 Teen Job Services Association, Memphis, TN

Mount Saint Vincent Home $10,000 General Operating Support Denver, CO

N Garland County Boys & $20,000 General Operating Support Girls Clubs Hot Springs Village, AR

Our House $20,000 Construction Project Monroe, LA

PARK $50,000 Program Support Little Rock, AR

Partners Mentoring $25,000 General Operating Support Association Denver, CO

Petit Jean Youth Foundation $40,000 Program Development Morrilton, AR Endowment Support

R M Pyles Boys Camp $15,000 Summer Camp Scholarships Valencia, CA

Rural Cumberland Resources $10,000 Community of Readers Crossville, TN

Salvation Army Boys & Girls $2,000 Equipment Purchase Club Greenville, SC

Sheltering Arms Children's $20.000 Upward After School Services Program New York, NY

Shelter of Sunshine $50,000 Program Support Russellville, AR

St Christopher's $45,000 Children's Health Services Dobbs Ferry, NY

St Vincent's Services, $40,000 Group Home Support Brooklyn, NY

Suwanne River Council, Boys $25,000 Learningfor Life Scouts of America Tallahassee, FL

9

Matching National Service Grant

Financial Assistance Program $10,000

Youth Home, Inc Little Rock, AR

Total :

Social Services Total

$50,000 Financial Program Development, Student Support Groups

$1,394,000

$2,035,000

Health :

Hospitals : AR Children's Hospital $50,OOC Little Rock, AR

Baptist Health Foundation $25,000 Little Rock, AR

Craig Hospital $60,000 Englewood, CO

The Floating Hospital $20,000 New York, NY

Heart of the Rockies Regional $40,000 Medical Center Salida, CO

Monfort Children's Clinic $20.000 Greeley, CO

Northern Westchester $20,000 Hospital Center Mount Kisco, NY

Saint Vincents Hospital & $35,000 Medical Center New York

Shriners Hospitals for $-)0,000 Crippled Children Tallahassee, FL

Van Purchase

10

Volunteer Center Tucson, AZ

YMCA Lafayette, LA

$5,000

Child Life & Education Department Endowment

Endowed Scholarship Fund

Housing Project

Health Link for Families in Transition

Remodeling Project

Social Work Program Support

Family Health Practice

Parent Education Program

Wickenburg Regional Health $50,000 Cardiac Monitor System Care Foundation, Wickenburg, AZ

Total $420,000

Special Programs

Alzheimer's Project $18,000 Program Support Tallahassee, FL

Balm in Gilead $15,000 Prison Initiative New York, NY

Big Bend Hospice $50,000 Endowment Fund Foundation Tallahassee, FL

Capital Medical Society $20,000 We Care Network Foundation Tallahassee, FL

CART] Foundation, $25,000 Cancer Well-Fit Proaram Little Rock, AR

Making Headway Foundation $15,000 Clinical Training Fellowship Chappaqua, NY

Nat Assoc of Anorexia $20,000 Youth Services Expansion Nervosa & Associated Disorders, Highland Park, IL

Nat Catholic Aids Network $25,000 Conference Financial Aid San Francisco, CA

Nat Center for Disabilltv $40,000 Program Support Services A I bertson, NY

Nat Hypertension Association $15,000 General Support

I I

Tallahassee Memorial $55,000 Women's & Children's Healthcare Foundation Medical Services Center, Tallahassee, FL Diabetes Program

Texas Children's Hospital $15,000 Brachial Plexus Clinic Travel Houston, TX and Parent Education

Health Total $828,000

Dues: Council on Foundations $13,960 00

$498449960

12

New York, NY

Visiting Nurse Service $15,00 Pediatric Respite Program New York, NY

Total- $258,000

Medical Schools :

Baylor College of Medicine $15,000 Pulmonary Hypertension Houston, TX Department

Columbia University School $15,000 Scholarship Fund of Nursing New York, NY

Come[] University Medical $40,000 Construction Project College New York, NY

Florida State University $40,000 Distance Leaming Program, School of Nursing Scholarship Endowment Tallahassee, FL

Johns Hopkins University $40,000 Peace Corps Scholarship School of Nursing Endowment, Community Baltimore, MD Nursing Program

Total: $150,000

TOTAL DISTRIBUTION IN 2001 :