﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" returnVersion="2011v1.2">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2012-06-25T13:25:47-04:00</Timestamp>
    <TaxPeriodEndDate>2011-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Loiselle &amp; Associates</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>865 South Main Suite 2</AddressLine1>
        <City>Plymouth</City>
        <State>MI</State>
        <ZIPCode>48170</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990PF</ReturnType>
    <TaxPeriodBeginDate>2011-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>200707679</EIN>
      <Name>
        <BusinessNameLine1>LOISELLE FOUNDATION INC</BusinessNameLine1>
      </Name>
      <NameControl>LOIS</NameControl>
      <USAddress>
        <AddressLine1>865 SOUTH MAIN</AddressLine1>
        <City>PLYMOUTH</City>
        <State>MI</State>
        <ZIPCode>48170</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>JASON R LOISELLE</Name>
      <Title>PRESIDENT</Title>
      <Phone>7344599970</Phone>
      <DateSigned>2012-06-25</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Jason R Loiselle CPA</Name>
      <Phone>7344599970</Phone>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="4">
    <IRS990PF documentId="990PF">
      <ExemptPF>X</ExemptPF>
      <FMVAssetsEOY>347528</FMVAssetsEOY>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AnalysisOfRevenueAndExpenses>
        <NotRequiredToAttachScheduleB>X</NotRequiredToAttachScheduleB>
        <DividendsRevAndExpnss>19936</DividendsRevAndExpnss>
        <DividendsNetInvstIncm>19936</DividendsNetInvstIncm>
        <TotalRevenueAndExpenses>19936</TotalRevenueAndExpenses>
        <TotalNetInvestmentIncome>19936</TotalNetInvestmentIncome>
        <AccountingFeesRevAndExpnss referenceDocumentId="STM108">316</AccountingFeesRevAndExpnss>
        <InterestRevAndExpnss>3</InterestRevAndExpnss>
        <TaxesRevAndExpnss referenceDocumentId="STM110">151</TaxesRevAndExpnss>
        <TotOprExpensesRevAndExpnss>470</TotOprExpensesRevAndExpnss>
        <TotOprExpensesNetInvstIncm>0</TotOprExpensesNetInvstIncm>
        <TotOprExpensesDsbrsChrtblPrps>0</TotOprExpensesDsbrsChrtblPrps>
        <ContriGiftsPaidRevAndExpnss>18000</ContriGiftsPaidRevAndExpnss>
        <ContriGiftsPaidDsbrsChrtblPrps>18000</ContriGiftsPaidDsbrsChrtblPrps>
        <TotalExpensesRevAndExpnss>18470</TotalExpensesRevAndExpnss>
        <TotalExpensesNetInvstIncm>0</TotalExpensesNetInvstIncm>
        <TotalExpensesDsbrsChrtblPrps>18000</TotalExpensesDsbrsChrtblPrps>
        <ExcessOfRevenueOverExpenses>1466</ExcessOfRevenueOverExpenses>
        <NetInvestmentIncome>19936</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
      </AnalysisOfRevenueAndExpenses>
      <BalanceSheets>
        <CashBOY>7647</CashBOY>
        <CashEOY>8991</CashEOY>
        <CashEOYFMV>8991</CashEOYFMV>
        <InvestmentsOtherBOY>304329</InvestmentsOtherBOY>
        <InvestmentsOtherEOY referenceDocumentId="STM118">304451</InvestmentsOtherEOY>
        <InvestmentsOtherEOYFMV>338537</InvestmentsOtherEOYFMV>
        <TotalAssetsBOY>311976</TotalAssetsBOY>
        <TotalAssetsEOY>313442</TotalAssetsEOY>
        <TotalAssetsEOYFMV>347528</TotalAssetsEOYFMV>
        <TotalLiabilitiesBOY>0</TotalLiabilitiesBOY>
        <TotalLiabilitiesEOY>0</TotalLiabilitiesEOY>
        <OrgThatDoNotFollowSFAS117>X</OrgThatDoNotFollowSFAS117>
        <RetainedEarningsBOY>311976</RetainedEarningsBOY>
        <RetainedEarningsEOY>313442</RetainedEarningsEOY>
        <TotalNetAssetsBOY>311976</TotalNetAssetsBOY>
        <TotalNetAssetsEOY>313442</TotalNetAssetsEOY>
        <TotalLiabilitiesNetAssetsBOY>311976</TotalLiabilitiesNetAssetsBOY>
        <TotalLiabilitiesNetAssetsEOY>313442</TotalLiabilitiesNetAssetsEOY>
      </BalanceSheets>
      <ChangesInNetAssetsFundBalances>
        <TotalNetAssetsFundBalancesBOY>311976</TotalNetAssetsFundBalancesBOY>
        <ExcessOfRevenueOverExpenses>1466</ExcessOfRevenueOverExpenses>
        <Subtotal>313442</Subtotal>
        <TotalNetAssetsFundBalancesEOY>313442</TotalNetAssetsFundBalancesEOY>
      </ChangesInNetAssetsFundBalances>
      <QlfyUndSect4940eForReducedTax>
        <LiableFor4942Tax>false</LiableFor4942Tax>
        <QualifyingDistributionsYear1>17500</QualifyingDistributionsYear1>
        <NoncharitableAssetsYear1>343818</NoncharitableAssetsYear1>
        <DistributionRatioYear1>0.050899</DistributionRatioYear1>
        <QualifyingDistributionsYear2>16000</QualifyingDistributionsYear2>
        <NoncharitableAssetsYear2>377532</NoncharitableAssetsYear2>
        <DistributionRatioYear2>0.042381</DistributionRatioYear2>
        <QualifyingDistributionsYear3>20830</QualifyingDistributionsYear3>
        <NoncharitableAssetsYear3>410717</NoncharitableAssetsYear3>
        <DistributionRatioYear3>0.050716</DistributionRatioYear3>
        <QualifyingDistributionsYear4>25879</QualifyingDistributionsYear4>
        <NoncharitableAssetsYear4>501998</NoncharitableAssetsYear4>
        <DistributionRatioYear4>0.051552</DistributionRatioYear4>
        <QualifyingDistributionsYear5>25000</QualifyingDistributionsYear5>
        <NoncharitableAssetsYear5>496987</NoncharitableAssetsYear5>
        <DistributionRatioYear5>0.050303</DistributionRatioYear5>
        <TotalDistributionRatio>0.245851</TotalDistributionRatio>
        <AverageDistributionRatio>0.04917</AverageDistributionRatio>
        <NetNoncharitableAssets>354764</NetNoncharitableAssets>
        <AdjustedNoncharitableAssets>17444</AdjustedNoncharitableAssets>
        <OnePercentNetInvestmentIncome>199</OnePercentNetInvestmentIncome>
        <AdjNonchrtblAssetsAndOnePct>17643</AdjNonchrtblAssetsAndOnePct>
        <QualifyingDistributions>18000</QualifyingDistributions>
      </QlfyUndSect4940eForReducedTax>
      <ExciseTaxBasedOnInvestmentIncm>
        <DomesticOrgMeetingSect4940e>X</DomesticOrgMeetingSect4940e>
        <InvestmentIncomeExciseTax>199</InvestmentIncomeExciseTax>
        <TaxUnderSection511>0</TaxUnderSection511>
        <Subtotal>199</Subtotal>
        <SubtitleATax>0</SubtitleATax>
        <TaxBasedOnInvestmentIncome>199</TaxBasedOnInvestmentIncome>
        <TaxDue>199</TaxDue>
      </ExciseTaxBasedOnInvestmentIncm>
      <StatementsRegardingActivities>
        <LegislativePoliticalActivities>false</LegislativePoliticalActivities>
        <MoreThan100Spent>false</MoreThan100Spent>
        <Form1120POLFiled>false</Form1120POLFiled>
        <ActivitiesNotPrevReported>false</ActivitiesNotPrevReported>
        <ChangesToArticlesOrBylaws>false</ChangesToArticlesOrBylaws>
        <UnrelatedBusIncomeOver1000>false</UnrelatedBusIncomeOver1000>
        <TerminationEtc>false</TerminationEtc>
        <RequirementsOfSect508e>true</RequirementsOfSect508e>
        <AtLeast5000InAssets>true</AtLeast5000InAssets>
        <StatesFiledWith>FL</StatesFiledWith>
        <Form990PFFiledWithAG>true</Form990PFFiledWithAG>
        <PrivateOperatingFoundation>false</PrivateOperatingFoundation>
        <NewSubstantialContributors>false</NewSubstantialContributors>
        <InterestInControlledEntity>false</InterestInControlledEntity>
        <ApplicableInsuranceContract>false</ApplicableInsuranceContract>
        <ComplyWithPublicInspectionRqr>true</ComplyWithPublicInspectionRqr>
        <BooksInCareOfPersonName>JASON R LOISELLE</BooksInCareOfPersonName>
        <BooksInCareOfPhoneNumber>7344599970</BooksInCareOfPhoneNumber>
        <BooksInCareOfUSAddress>
          <AddressLine1>865 SOUTH MAIN</AddressLine1>
          <City>PLYMOUTH</City>
          <State>MI</State>
          <ZIPCode>48170</ZIPCode>
        </BooksInCareOfUSAddress>
        <ForeignBank>false</ForeignBank>
      </StatementsRegardingActivities>
      <StatementsRegardingActy4720>
        <SaleOrExchangeWithDsqflyPerson>false</SaleOrExchangeWithDsqflyPerson>
        <BorrowOrLendWithDsqflyPerson>false</BorrowOrLendWithDsqflyPerson>
        <FurnishedGoodsWithDsqflyPerson>false</FurnishedGoodsWithDsqflyPerson>
        <PayCompensationToDsqflyPerson>false</PayCompensationToDsqflyPerson>
        <TransferAssetsToDsqflyPerson>false</TransferAssetsToDsqflyPerson>
        <PaymentToGovernmentOffical>false</PaymentToGovernmentOffical>
        <UncorrectedPriorActs>false</UncorrectedPriorActs>
        <UndistributedIncomePriorYears>false</UndistributedIncomePriorYears>
        <UndistrIncome4942a2NotApplied>false</UndistrIncome4942a2NotApplied>
        <BusinessHoldings>false</BusinessHoldings>
        <JeopardyInvestments>false</JeopardyInvestments>
        <UncorrectedJeopardyInvestments>false</UncorrectedJeopardyInvestments>
        <InfluenceLegislation>false</InfluenceLegislation>
        <InfluenceElection>false</InfluenceElection>
        <GrantsToIndividuals>false</GrantsToIndividuals>
        <GrantsToOrganizations>false</GrantsToOrganizations>
        <NoncharitablePurpose>false</NoncharitablePurpose>
        <RcvFundsToPayPrsnlBnftContract>false</RcvFundsToPayPrsnlBnftContract>
        <PayPremiumsPrsnlBnftContract>false</PayPremiumsPrsnlBnftContract>
        <ProhibitedTaxShelterTransactn>false</ProhibitedTaxShelterTransactn>
      </StatementsRegardingActy4720>
      <OfcrDirTrusteesKeyEmployeeInfo>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>JASON R LOISELLE</PersonName>
          <USAddress>
            <AddressLine1>865 SOUTH MAIN</AddressLine1>
            <City>PLYMOUTH</City>
            <State>MI</State>
            <ZIPCode>48170</ZIPCode>
          </USAddress>
          <Title>PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>1</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>RONALD G LOISELLE</PersonName>
          <USAddress>
            <AddressLine1>865 SOUTH MAIN</AddressLine1>
            <City>PLYMOUTH</City>
            <State>MI</State>
            <ZIPCode>48170</ZIPCode>
          </USAddress>
          <Title>DIRECTOR</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <OfcrDirTrusteesOrKeyEmployee>
          <PersonName>LAWRENCE K LOISELLE</PersonName>
          <USAddress>
            <AddressLine1>6445 WHITBY</AddressLine1>
            <City>GARDEN CITY</City>
            <State>MI</State>
            <ZIPCode>48135</ZIPCode>
          </USAddress>
          <Title>VICE PRESIDENT</Title>
          <AvgHoursPerWkDevotedToPosition>0</AvgHoursPerWkDevotedToPosition>
          <Compensation>0</Compensation>
          <ContriToEmplBenefitPlansEtc>0</ContriToEmplBenefitPlansEtc>
          <ExpenseAccountOtherAllowances>0</ExpenseAccountOtherAllowances>
        </OfcrDirTrusteesOrKeyEmployee>
        <CompOfHighestPaidEmplNONE>NONE</CompOfHighestPaidEmplNONE>
      </OfcrDirTrusteesKeyEmployeeInfo>
      <MinimumInvestmentReturn>
        <AvgMonthlyFMVOfSecurities>360167</AvgMonthlyFMVOfSecurities>
        <AvgMonthlyCashBalances>0</AvgMonthlyCashBalances>
        <FMVAllOtherNoncharitableAssets>0</FMVAllOtherNoncharitableAssets>
        <TotalFMVOfUnusedAssets>360167</TotalFMVOfUnusedAssets>
        <AcquisitionIndebtedness>0</AcquisitionIndebtedness>
        <AdjTotalFMVOfUnusedAssets>360167</AdjTotalFMVOfUnusedAssets>
        <CashDeemedCharitable>5403</CashDeemedCharitable>
        <NetNoncharitableAssets>354764</NetNoncharitableAssets>
        <MinimumInvestmentReturn>17738</MinimumInvestmentReturn>
      </MinimumInvestmentReturn>
      <DistributableAmount>
        <MinimumInvestmentReturn>17738</MinimumInvestmentReturn>
        <TaxBasedOnInvestmentIncome>199</TaxBasedOnInvestmentIncome>
        <TotalTax>199</TotalTax>
        <DistributableAmountBeforeAdj>17539</DistributableAmountBeforeAdj>
        <DistributableAmountBeforeDed>17539</DistributableAmountBeforeDed>
        <DistributableAmountAsAdjusted>17539</DistributableAmountAsAdjusted>
      </DistributableAmount>
      <QualifyingDistributions>
        <ExpensesAndContributions>18000</ExpensesAndContributions>
        <QualifyingDistributions>18000</QualifyingDistributions>
        <OnePctSect4940eOrgNetInvstIncm>199</OnePctSect4940eOrgNetInvstIncm>
        <AdjQualifyingDistributions>17801</AdjQualifyingDistributions>
      </QualifyingDistributions>
      <UndistributedIncome>
        <DistributableAmountAsAdjusted>17539</DistributableAmountAsAdjusted>
        <UndistributedIncomePriorYear>17738</UndistributedIncomePriorYear>
        <ExcessDistriCarryoverYear4>1021</ExcessDistriCarryoverYear4>
        <ExcessDistriCarryoverYear3>634</ExcessDistriCarryoverYear3>
        <ExcessDistriCarryoverYear2>2399</ExcessDistriCarryoverYear2>
        <ExcessDistriCarryoverYear1>459</ExcessDistriCarryoverYear1>
        <TotalExcessDistriCarryover>4513</TotalExcessDistriCarryover>
        <QualifyingDistributions>18000</QualifyingDistributions>
        <AppliedToYear1>17738</AppliedToYear1>
        <AppliedToCurrentYear>262</AppliedToCurrentYear>
        <ExcessDistriCyovAppCYCorpus>4513</ExcessDistriCyovAppCYCorpus>
        <ExcessDistriCyovAppliedCY>4513</ExcessDistriCyovAppliedCY>
        <UndistributedIncomeCY>12764</UndistributedIncomeCY>
      </UndistributedIncome>
      <SupplementaryInformation>
        <ContributingManager>LAWRENCE K LOISELLE</ContributingManager>
        <ContributingManager>RONALD G LOISELLE</ContributingManager>
        <OnlyContributesToPreselected>X</OnlyContributesToPreselected>
        <GrantOrContriPaidDuringYear>
          <RecipientPersonName>COTI COMMUNITY CHRISTIAN SCHL</RecipientPersonName>
          <RecipientUSAddress>
            <AddressLine1>206 23RD AVE</AddressLine1>
            <City>INDIAN ROCKS BEAC</City>
            <State>FL</State>
            <ZIPCode>33785</ZIPCode>
          </RecipientUSAddress>
          <RecipientRelationship>NONE</RecipientRelationship>
          <RecipientFoundationStatus>ACTIVE</RecipientFoundationStatus>
          <PurposeOfGrantOrContribution>SUPPORTCHRISTIANEDUCATION</PurposeOfGrantOrContribution>
          <Amount>17500</Amount>
        </GrantOrContriPaidDuringYear>
        <TotGrantOrContriPaidDuringYear>17500</TotGrantOrContriPaidDuringYear>
      </SupplementaryInformation>
      <AnalysisIncomeProducingActy>
        <DividendsAndIntFromSecPartVII>
          <BusinessCode>900001</BusinessCode>
          <UnrelatedBusinessIncomeAmount>19936</UnrelatedBusinessIncomeAmount>
        </DividendsAndIntFromSecPartVII>
        <SubtotalsPartXVIA>
          <UnrelatedBusinessIncomeAmount>19936</UnrelatedBusinessIncomeAmount>
        </SubtotalsPartXVIA>
        <TotalPartXVIA>19936</TotalPartXVIA>
      </AnalysisIncomeProducingActy>
      <TrnsfrTrRlnWithNoncharitableEO>
        <TrnsfrOfCashToNoncharitableEO>false</TrnsfrOfCashToNoncharitableEO>
        <TrnsfrOthAssetsNoncharitableEO>false</TrnsfrOthAssetsNoncharitableEO>
        <SalesOrExchangesOfAssets>false</SalesOrExchangesOfAssets>
        <PurchaseAssetsNoncharitableEO>false</PurchaseAssetsNoncharitableEO>
        <RentalOfFacilitiesEtc>false</RentalOfFacilitiesEtc>
        <ReimbursementArrangements>false</ReimbursementArrangements>
        <LoansOrLoanGuarantees>false</LoansOrLoanGuarantees>
        <PerformanceOfServicesEtc>false</PerformanceOfServicesEtc>
        <SharingOfFacilitiesEtc>false</SharingOfFacilitiesEtc>
        <RelationshipsNoncharitableEOs>false</RelationshipsNoncharitableEOs>
      </TrnsfrTrRlnWithNoncharitableEO>
    </IRS990PF>
    <AccountingFeesSchedule documentId="STM108">
      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>316</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsOtherSchedule2 documentId="STM118">
      <InvestmentsOther>
        <CategoryOrItem>FIDELITY ADVISOR HIGH INCOME FUND</CategoryOrItem>
        <BookValue>101269</BookValue>
        <EOYFMV>126965</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FIDELTY ADVISOR STRATEGIC INCOME FD</CategoryOrItem>
        <BookValue>144401</BookValue>
        <EOYFMV>142600</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FIDELITY PRIME MM FUND</CategoryOrItem>
        <BookValue>521</BookValue>
        <EOYFMV>399</EOYFMV>
      </InvestmentsOther>
      <InvestmentsOther>
        <CategoryOrItem>FIDELITY ADVISOR NEW INSIGHTS FD</CategoryOrItem>
        <BookValue>58260</BookValue>
        <EOYFMV>68573</EOYFMV>
      </InvestmentsOther>
    </InvestmentsOtherSchedule2>
    <TaxesSchedule documentId="STM110">
      <Taxes>
        <Category>FEDERAL TAXES</Category>
        <Amount>151</Amount>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <AdjustedNetIncome>0</AdjustedNetIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </Taxes>
    </TaxesSchedule>
  </ReturnData>
</Return>