THE JAMES FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: THE JAMES FOUNDATION (EIN 75-6306453)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-05-08
IRS object ID: 201221299349101102
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-08T15:29:30-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	752718764	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LAYTON & GAGE CPAS LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	400 PINE STE 980	AddressLine1
City	ABILENE	City
State	TX	State
ZIP Code	79601	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	756306453	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	THE JAMES FOUNDATION CHARITABLE TRUST	BusinessNameLine1
Business Name Line2	ATTN DAN THOMPSON	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	JAME	NameControl
Phone	3256757000	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 701	AddressLine1
City	ABILENE	City
State	TX	State
ZIP Code	79604	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DAN THOMPSON	Name
Title	TRUSTEE	Title
Phone	3256757000	Phone
Date Signed	2012-05-08	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	MARK LAYTON	Name
PTIN	P00021078	PTIN
Phone	3256700888	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	454454	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	5084	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	5084	InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss	8509	DividendsRevAndExpnss
Dividends Net Invst Incm	8509	DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss	8240	NetGainSaleAssetsRevAndExpnss
Gross Sales Price	252536	GrossSalesPrice
Capital Gain Net Incm Net Invst Incm	8240	CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses	21833	TotalRevenueAndExpenses
Total Net Investment Income	21833	TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss	5335	CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm	5335	CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps	0	CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss	1163	AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm	1163	AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps	0	AccountingFeesDsbrsChrtblPrps
Taxes Rev And Expnss	80	TaxesRevAndExpnss
Taxes Net Invst Incm	80	TaxesNetInvstIncm
Taxes Dsbrs Chrtbl Prps	0	TaxesDsbrsChrtblPrps
Other Expenses Rev And Expnss	104	OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm	104	OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps	0	OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss	6682	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	6682	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	22000	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	22000	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	28682	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	6682	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	22000	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	-6849	ExcessOfRevenueOverExpenses
Net Investment Income	15151	NetInvestmentIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Cash BOY	359	CashBOY
Cash EOY	531	CashEOY
Cash EOYFMV	531	CashEOYFMV
Savings And Temp Cash Invst BOY	8162	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	6671	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	6671	SavingsAndTempCashInvstEOYFMV
Investments Govt Oblig BOY	65561	InvestmentsGovtObligBOY
Investments Govt Oblig EOY	28708	InvestmentsGovtObligEOY
Investments Govt Oblig EOYFMV	31434	InvestmentsGovtObligEOYFMV
Investments Corp Stock BOY	291948	InvestmentsCorpStockBOY
Investments Corp Stock EOY	323285	InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV	364656	InvestmentsCorpStockEOYFMV
Investments Corp Bonds BOY	50424	InvestmentsCorpBondsBOY
Investments Corp Bonds EOY	50410	InvestmentsCorpBondsEOY
Investments Corp Bonds EOYFMV	51162	InvestmentsCorpBondsEOYFMV
Total Assets BOY	416454	TotalAssetsBOY
Total Assets EOY	409605	TotalAssetsEOY
Total Assets EOYFMV	454454	TotalAssetsEOYFMV
Total Liabilities BOY	0	TotalLiabilitiesBOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Capital Stock BOY	25000	CapitalStockBOY
Capital Stock EOY	25000	CapitalStockEOY
Paid In Or Capital Surplus BOY	0	PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY	0	PaidInOrCapitalSurplusEOY
Retained Earnings BOY	391454	RetainedEarningsBOY
Retained Earnings EOY	384605	RetainedEarningsEOY
Total Net Assets BOY	416454	TotalNetAssetsBOY
Total Net Assets EOY	409605	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	416454	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	409605	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	416454	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	-6849	ExcessOfRevenueOverExpenses
Other Increases	0	OtherIncreases
Subtotal	409605	Subtotal
Other Decreases	0	OtherDecreases
Total Net Assets Fund Balances EOY	409605	TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (169 entries)

Description Of AssetDescriptionOfAsset	How AcquiredHowAcquired	Date AcquiredDateAcquired	Date SoldDateSold	Gross Sales PriceGrossSalesPrice	Cost Or Other BasisCostOrOtherBasis	Gain Or LossGainOrLoss	Gains Minus Excess Or LossesGainsMinusExcessOrLosses
AFLAC INC	P	2011-06-17	2011-12-07	222	225	-3	-3
AMERIPRISE FINL INC	P	2011-06-17	2011-09-09	251	340	-89	-89
AMERIPRISE FINL INC	P	2011-06-17	2011-12-07	286	340	-54	-54
APPLE COMPUTER,INC.	P	2011-09-30	2011-12-07	389	385	4	4
ARCHER DANIELS MIDLAND CO	P	2011-03-07	2011-08-10	3160	4496	-1336	-1336
ARCHER DANIELS MIDLAND CO	P	2011-06-17	2011-08-10	664	751	-87	-87
AT & T INCORPORATED	P	2011-09-09	2011-12-07	437	415	22	22
BLACKROCK INC	P	2011-01-14	2011-12-07	346	395	-49	-49
CATERPILLAR INC	P	2011-06-17	2011-09-09	420	420	0	0
CATERPILLAR INC	P	2011-06-17	2011-12-07	283	259	24	24
COCA-COLA CO	P	2011-09-09	2011-12-07	334	347	-13	-13
DEVON ENERGY CORP	P	2011-06-17	2011-12-02	528	613	-85	-85
DIAMOND OFFSHORE DRILLING INC	P	2011-02-04	2011-09-09	555	649	-94	-94
DIAMOND OFFSHORE DRILLING INC	P	2011-03-15	2011-09-09	678	821	-143	-143
DIAMOND OFFSHORE DRILLING INC	P	2011-02-04	2011-10-04	1958	2670	-712	-712
DIAMOND OFFSHORE DRILLING INC	P	2011-06-17	2011-10-04	953	1206	-253	-253
DU PONT E I DE NEMOURS & CO	P	2011-08-10	2011-09-09	317	320	-3	-3
EBAY INC	P	2010-01-17	2011-09-09	398	420	-22	-22
EMC CORP	P	2011-06-14	2011-09-09	1171	1496	-325	-325
EXXON MOBIL CORP	P	2011-02-02	2011-12-07	973	962	11	11
FEDERATED GOVT ULTRASHT DURATION FD	P	2011-06-20	2011-09-28	7240	7240	0	0
FEDERATED GOVT ULTRASHT DURATION FD	P	2011-09-09	2011-09-28	7629	7621	8	8
FORD MOTOR CO	P	2011-06-30	2011-09-09	210	292	-82	-82
FORD MOTOR CO	P	2011-06-30	2011-12-07	362	458	-96	-96
GENERAL ELECTRIC CO	P	2011-01-11	2011-08-23	567	697	-130	-130
GENERAL ELECTRIC CO	P	2011-06-17	2011-08-23	291	351	-60	-60
KBW REGIONAL BANKING ETF	P	2010-10-26	2011-09-09	1102	1102	0	0
KRAFT FOODS INC	P	2011-09-09	2011-09-30	1894	1939	-45	-45
LOWE'S COS	P	2010-07-09	2011-05-03	1660	1304	356	356
LOWE'S COS	P	2010-07-09	2011-06-30	4051	3546	505	505
MEDCO HEALTH SOLUTIONS INC	P	2011-05-06	2011-07-21	1879	1877	2	2
MEDCO HEALTH SOLUTIONS INC	P	2011-06-17	2011-07-21	438	386	52	52
NORFOLK SOUTHERN CORP	P	2011-01-11	2011-12-07	821	717	104	104
NORFOLK SOUTHERN CORP	P	2011-01-11	2011-12-14	2026	1890	136	136
NORFOLK SOUTHERN CORP	P	2011-09-09	2011-12-14	1676	1560	116	116
OCCIDENTAL PETROLEUM CORP	P	2010-01-16	2011-09-09	1528	1615	-87	-87
PHILIP MORRIS INTL INC	P	2010-10-01	2011-09-09	1912	1623	289	289
PHILIP MORRIS INTL INC	P	2011-06-17	2011-09-09	198	206	-8	-8
PIMCO SHORT TERM FUND-INST	P	2011-06-17	2011-09-28	7104	7198	-94	-94
PIMCO SHORT TERM FUND-INST	P	2011-09-09	2011-09-28	7674	7713	-39	-39
PNC FINANCIAL SERVICES GROUP INC	P	2011-08-30	2011-12-07	277	247	30	30
SCHLUMBERGER LTD	P	2011-06-17	2011-09-09	1222	1388	-166	-166
THERMO FISHER SCIENTIFIC, INC.	P	2011-06-17	2011-09-09	303	373	-70	-70
THERMO FISHER SCIENTIFIC, INC.	P	2011-05-06	2011-12-07	234	302	-68	-68
THERMO FISHER SCIENTIFIC, INC.	P	2011-06-17	2011-12-07	47	62	-15	-15
UNITED PARCEL SERVICE, INC.	P	2011-10-25	2011-12-07	293	278	15	15
VANGUARD FINANCIALS ETF	P	2011-02-22	2011-09-09	546	721	-175	-175
VANGUARD FINANCIALS ETF	P	2011-01-14	2011-10-04	536	787	-251	-251
VANGUARD FINANCIALS ETF	P	2011-02-22	2011-10-04	1072	1580	-508	-508
3M CO	P	2011-06-17	2011-09-09	460	550	-90	-90
3M CO	P	2011-06-17	2011-12-07	82	92	-10	-10
AFLAC INC	P	2009-04-22	2011-12-07	178	114	64	64
APPLE COMPUTER,INC.	P	2006-06-16	2011-01-06	2003	347	1656	1656
APPLE COMPUTER,INC.	P	2006-06-16	2011-09-09	377	58	319	319
BANK OF AMERICA CORP	P	2010-01-13	2011-06-16	2627	4180	-1553	-1553
BHP BILLITON LTD	P	2007-04-12	2011-09-09	1082	698	384	384
BHP BILLITON LTD	P	2007-04-12	2011-12-07	452	299	153	153
BOEING CO	P	2007-08-14	2011-09-09	1793	2858	-1065	-1065
BOEING CO	P	2007-08-28	2011-09-09	433	675	-242	-242
BOEING CO	P	2008-02-28	2011-09-09	804	1102	-298	-298
BOEING CO	P	2008-02-28	2011-09-29	1174	1611	-437	-437
BOEING CO	P	2008-07-23	2011-09-29	4140	4477	-337	-337
CATERPILLAR INC	P	2007-10-02	2011-03-15	6013	4697	1316	1316
CATERPILLAR INC	P	2008-02-28	2011-04-28	3593	2380	1213	1213
CATERPILLAR INC	P	2008-07-23	2011-04-28	786	507	279	279
CATERPILLAR INC	P	2008-07-23	2011-09-09	84	72	12	12
CISCO SYSTEMS	P	2007-08-03	2011-06-14	2888	5717	-2829	-2829
CISCO SYSTEMS	P	2008-02-28	2011-06-14	887	1458	-571	-571
CISCO SYSTEMS	P	2008-07-23	2011-06-14	1534	2260	-726	-726
COLGATE PALMOLIVE CO	P	2008-02-03	2011-07-19	3976	2843	1133	1133
DEVON ENERGY CORP	P	2008-09-12	2011-09-09	821	1244	-423	-423
DEVON ENERGY CORP	P	2008-09-12	2011-12-02	3760	5453	-1693	-1693
DISNEY WALT CO	P	2008-02-28	2011-09-09	342	359	-17	-17
DISNEY WALT CO	P	2008-02-11	2011-12-07	628	541	87	87
DISNEY WALT CO	P	2008-02-28	2011-12-07	481	424	57	57
EMERSON ELECTRIC	P	2003-10-24	2011-01-11	3352	1572	1780	1780
FEDERATED GOVT ULTRASHT DURATION FD	P	2009-01-25	2011-09-28	2428	2423	5	5
FEDERATED GOVT ULTRASHT DURATION FD	P	2009-01-25	2011-09-28	2436	2431	5	5
FEDERATED GOVT ULTRASHT DURATION FD	P	2009-02-09	2011-09-28	3046	3042	4	4
FHLB 4.750% 12/09/11	P	2007-01-25	2011-09-15	25268	24978	290	290
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-01-15	364	357	7	7
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-02-15	328	322	6	6
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-03-15	239	235	4	4
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-04-15	245	240	5	5
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-05-15	192	188	4	4
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-06-15	217	213	4	4
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-07-15	201	197	4	4
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-08-15	181	178	3	3
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-09-15	218	214	4	4
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-10-15	211	207	4	4
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-11-15	227	223	4	4
FHLMC POOL #FGG12410 5.000% 5/01/21	P	2006-10-26	2011-12-15	213	209	4	4
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-01-15	458	440	18	18
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-02-15	432	414	18	18
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-03-15	282	270	12	12
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-04-15	229	220	9	9
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-05-15	146	140	6	6
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-06-15	258	248	10	10
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-07-15	169	162	7	7
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-08-15	260	250	10	10
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-09-15	167	160	7	7
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-10-15	278	266	12	12
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-11-15	263	252	11	11
FHLMC POOL #FGG18068 4.500% 8/01/20	P	2006-08-29	2011-12-15	221	212	9	9
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-01-25	264	252	12	12
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-02-25	271	258	13	13
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-03-25	242	231	11	11
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-04-25	224	213	11	11
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-05-25	194	185	9	9
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-06-25	196	187	9	9
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-07-25	205	195	10	10
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-08-25	182	174	8	8
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-09-25	224	214	10	10
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-10-25	199	190	9	9
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-11-25	217	207	10	10
FNMA POOL #FN0735926 4.500% 10/01/20	P	2007-08-13	2011-12-25	241	230	11	11
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-01-25	430	431	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-02-25	347	348	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-03-25	276	277	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-04-25	285	286	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-05-25	271	272	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-06-25	287	288	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-07-25	271	272	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-08-25	249	250	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-09-25	297	298	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-10-25	300	301	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-11-25	267	268	-1	-1
FNMA POOL #FN254865 4.500% 9/01/18	P	2003-01-21	2011-12-25	301	302	-1	-1
GENERAL ELECTRIC CO	P	2010-02-10	2011-08-23	3294	3396	-102	-102
GOLDMAN SACHS GROUP 5.000% 1/15/11	P	2007-08-20	2011-01-15	25000	25000	0	0
GOOGLE INC	P	2010-04-22	2011-09-09	1051	1091	-40	-40
GOOGLE INC	P	2010-04-22	2011-12-07	622	546	76	76
INTEL CORP	P	2007-10-22	2011-01-06	1457	1893	-436	-436
INTEL CORP	P	2007-10-22	2011-09-09	276	373	-97	-97
INTEL CORP	P	2007-10-22	2011-12-07	205	213	-8	-8
INTERNATIONAL BUSINESS MACHINES	P	2008-02-28	2011-01-06	1185	922	263	263
INTERNATIONAL BUSINESS MACHINES	P	2008-02-28	2011-09-09	485	346	139	139
INTERNATIONAL BUSINESS MACHINES	P	2008-02-28	2011-12-07	971	577	394	394
ISHARES S & P MIDCAP 400 INDEX FUND	P	2008-10-31	2011-09-09	1321	904	417	417
ISHARES S & P MIDCAP 400 INDEX FUND	P	2009-09-28	2011-09-09	4540	3803	737	737
J P MORGAN SMALL CAP EQUITY FD SEL	P	2003-10-24	2011-09-09	8957	6062	2895	2895
JOHNSON & JOHNSON INC	P	2004-04-15	2011-09-09	254	218	36	36
JOHNSON & JOHNSON INC	P	2007-08-28	2011-09-09	827	798	29	29
JOHNSON & JOHNSON INC	P	2004-04-15	2011-12-07	903	762	141	141
KBW REGIONAL BANKING ETF	P	2010-10-26	2011-12-07	332	322	10	10
KRAFT FOODS INC	P	2008-02-03	2011-09-30	3889	3042	847	847
MCDONALDS CORP	P	2003-10-24	2011-09-09	425	121	304	304
MCDONALDS CORP	P	2004-04-15	2011-09-09	510	161	349	349
MCDONALDS CORP	P	2003-10-24	2011-12-07	577	145	432	432
MEDCO HEALTH SOLUTIONS INC	P	2009-06-18	2011-07-21	2819	2085	734	734
NIKE CLASS B	P	2008-01-19	2011-09-09	993	537	456	456
NIKE CLASS B	P	2008-01-19	2011-12-07	861	403	458	458
NOVARTIS AG	P	2010-05-18	2011-09-09	2661	2263	398	398
NOVARTIS AG	P	2010-05-18	2011-12-07	219	189	30	30
OCCIDENTAL PETROLEUM CORP	P	2010-01-16	2011-12-07	382	340	42	42
PHILIP MORRIS INTL INC	P	2010-10-01	2011-12-07	301	224	77	77
PIMCO SHORT TERM FUND-INST	P	2009-01-25	2011-09-28	2406	2423	-17	-17
PIMCO SHORT TERM FUND-INST	P	2009-01-25	2011-09-28	2414	2431	-17	-17
PIMCO SHORT TERM FUND-INST	P	2009-02-09	2011-09-28	3027	3042	-15	-15
SCHLUMBERGER LTD	P	2006-05-04	2011-02-04	894	709	185	185
SCHLUMBERGER LTD	P	2006-05-04	2011-09-09	72	71	1	1
SCHLUMBERGER LTD	P	2006-05-04	2011-12-07	299	284	15	15
STRYKER CORPORATION	P	2005-01-06	2011-01-14	6326	5190	1136	1136
VANGUARD FINANCIALS ETF	P	2009-03-04	2011-10-04	3983	2586	1397	1397
VANGUARD INDEX TR REIT VIPER SHS	P	2009-05-08	2011-02-22	2327	1332	995	995
VANGUARD INDEX TR REIT VIPER SHS	P	2009-05-08	2011-09-09	331	200	131	131
WAL MART STORES INC	P	2009-09-03	2011-03-07	4400	4395	5	5
3M CO	P	2006-01-15	2011-12-07	902	886	16	16
CAPITAL GAINS DIVIDENDS	P			556		556	556

Field	Value	IRS element (for citing)
Capital Gain Net Income	8240	CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	0	LiableFor4942Tax
Qualifying Distributions Year1	24920	QualifyingDistributionsYear1
Noncharitable Assets Year1	469509	NoncharitableAssetsYear1
Distribution Ratio Year1	0.053077	DistributionRatioYear1
Qualifying Distributions Year2	21418	QualifyingDistributionsYear2
Noncharitable Assets Year2	425039	NoncharitableAssetsYear2
Distribution Ratio Year2	0.050391	DistributionRatioYear2
Qualifying Distributions Year3	17500	QualifyingDistributionsYear3
Noncharitable Assets Year3	471383	NoncharitableAssetsYear3
Distribution Ratio Year3	0.037125	DistributionRatioYear3
Qualifying Distributions Year4	26500	QualifyingDistributionsYear4
Noncharitable Assets Year4	522858	NoncharitableAssetsYear4
Distribution Ratio Year4	0.050683	DistributionRatioYear4
Qualifying Distributions Year5	25628	QualifyingDistributionsYear5
Noncharitable Assets Year5	533905	NoncharitableAssetsYear5
Distribution Ratio Year5	0.048001	DistributionRatioYear5
Total Distribution Ratio	0.239277	TotalDistributionRatio
Average Distribution Ratio	0.047855	AverageDistributionRatio
Net Noncharitable Assets	463929	NetNoncharitableAssets
Adjusted Noncharitable Assets	22201	AdjustedNoncharitableAssets
One Percent Net Investment Income	152	OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One	22353	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	22000	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	303	InvestmentIncomeExciseTax
Tax Under Section511	0	TaxUnderSection511
Subtotal	303	Subtotal
Subtitle A Tax	0	SubtitleATax
Tax Based On Investment Income	303	TaxBasedOnInvestmentIncome
Total Credits And Payments	0	TotalCreditsAndPayments
Tax Due	303	TaxDue

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	0	LegislativePoliticalActivities
More Than100 Spent	0	MoreThan100Spent
Form1120 POL Filed	0	Form1120POLFiled
Sect4955 Tax On Organization	0	Sect4955TaxOnOrganization
Sect4955 Tax On Managers	0	Sect4955TaxOnManagers
Reimbursement Of Tax	0	ReimbursementOfTax
Activities Not Prev Reported	0	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	0	UnrelatedBusIncomeOver1000
Termination Etc	0	TerminationEtc
Requirements Of Sect508e	1	RequirementsOfSect508e
At Least5000 In Assets	1	AtLeast5000InAssets
States Filed With	TX	StatesFiledWith
Form990 PF Filed With AG	1	Form990PFFiledWithAG
Private Operating Foundation	0	PrivateOperatingFoundation
New Substantial Contributors	0	NewSubstantialContributors
Interest In Controlled Entity	0	InterestInControlledEntity
Applicable Insurance Contract	0	ApplicableInsuranceContract
Comply With Public Inspection Rqr	1	ComplyWithPublicInspectionRqr
Website Address	N/A	WebsiteAddress
Books In Care Of Person Name	FIRST FINANCIAL TR ASSET MGT	BooksInCareOfPersonName
Books In Care Of Phone Number	3256757000	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 701	AddressLine1
City	ABILENE	City
State	TX	State
ZIP Code	79604	ZIPCode

Field	Value	IRS element (for citing)
Tax Exempt Interest Received	0	TaxExemptInterestReceived
Foreign Bank	0	ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	0	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	0	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	0	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	0	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	0	TransferAssetsToDsqflyPerson
Payment To Government Offical	0	PaymentToGovernmentOffical
Uncorrected Prior Acts	0	UncorrectedPriorActs
Undistributed Income Prior Years	0	UndistributedIncomePriorYears
Business Holdings	0	BusinessHoldings
Jeopardy Investments	0	JeopardyInvestments
Uncorrected Jeopardy Investments	0	UncorrectedJeopardyInvestments
Influence Legislation	0	InfluenceLegislation
Influence Election	0	InfluenceElection
Grants To Individuals	0	GrantsToIndividuals
Grants To Organizations	0	GrantsToOrganizations
Noncharitable Purpose	0	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	0	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	0	PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn	0	ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee

Field	Value	IRS element (for citing)
Person Name	FIRST FINANCIAL TR ASSET MGT	PersonName

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 701	AddressLine1
City	ABILENE	City
State	TX	State
ZIP Code	79604	ZIPCode

Field	Value	IRS element (for citing)
Title	TRUSTEE	Title
Avg Hours Per Wk Devoted To Position	1.00	AvgHoursPerWkDevotedToPosition
Compensation	5335	Compensation
Contri To Empl Benefit Plans Etc	0	ContriToEmplBenefitPlansEtc
Expense Account Other Allowances	0	ExpenseAccountOtherAllowances

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k	0	TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k	0	TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Total	0	Total

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	463133	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	7861	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	470994	TotalFMVOfUnusedAssets
Reduction Claimed	0	ReductionClaimed
Acquisition Indebtedness	0	AcquisitionIndebtedness
Adj Total FMV Of Unused Assets	470994	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	7065	CashDeemedCharitable
Net Noncharitable Assets	463929	NetNoncharitableAssets
Minimum Investment Return	23196	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	23196	MinimumInvestmentReturn
Tax Based On Investment Income	303	TaxBasedOnInvestmentIncome
Total Tax	303	TotalTax
Distributable Amount Before Adj	22893	DistributableAmountBeforeAdj
Recoveries Qlfy Distributions	0	RecoveriesQlfyDistributions
Distributable Amount Before Ded	22893	DistributableAmountBeforeDed
Deduction Fr Distributable	$0	DeductionFrDistributableAmount
Distributable Amount As Adjusted	22893	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	22000	ExpensesAndContributions
Program Related Investments Total	0	ProgramRelatedInvestmentsTotal
Qualifying Distributions	22000	QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm	0	OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions	22000	AdjQualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	22893	DistributableAmountAsAdjusted
Undistributed Income Prior Year	4167	UndistributedIncomePriorYear
Total For Prior Years	0	TotalForPriorYears
Total Excess Distri Carryover	0	TotalExcessDistriCarryover
Qualifying Distributions	22000	QualifyingDistributions
Applied To Year1	4167	AppliedToYear1
Applied To Prior Years	0	AppliedToPriorYears
Treated As Distri From Corpus	0	TreatedAsDistriFromCorpus
Applied To Current Year	17833	AppliedToCurrentYear
Remaining Distri From Corpus	0	RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus	0	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	0	ExcessDistriCyovAppliedCY
Total Corpus	0	TotalCorpus
Prior Year Undistributed Income	0	PriorYearUndistributedIncome
Prior Year Deficiency Or Tax	0	PriorYearDeficiencyOrTax
Taxable Amount1	0	TaxableAmount1
Taxable Amount2	0	TaxableAmount2
Undistributed Income CY	5060	UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g3	0	DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year5	0	ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year	0	ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	THE JAMES FOUNDATION CO FIRST FINAN	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 701	AddressLine1
City	ABILENE	City
State	TX	State
ZIP Code	79604	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	3256277100	RecipientPhoneNumber
Form And Info And Materials	INFORMAL LETTER OF REQUEST	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	NONE	RestrictionsOnAwards

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (15 entries)

Address Line1RecipientUSAddress/AddressLine1	CityRecipientUSAddress/City	StateRecipientUSAddress/State	ZIP CodeRecipientUSAddress/ZIPCode	Recipient RelationshipRecipientRelationship	Recipient Foundation StatusRecipientFoundationStatus	Purpose Of Grant Or ContributionPurposeOfGrantOrContribution	AmountAmount
ABILENE HOPE HAVEN
801 S TREADAWAY	ABILENE	TX	79602	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
BEN RICHEY BOYS RANCH
501 EXECUTIVE DR	ABILENE	TX	79602	NONE	PUBLIC CHARITY	OPERATIONS	$500
BOBS AKA BREAKFAST ON BEECH STREET
BEECH ST	ABILENE	TX	79601	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
BOYS GIRLS CLUB OF ABILENE
709 N 2ND STREET	ABILENE	TX	79601	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
DAY NURSERY OF ABILENE
650 CEDAR	ABILENE	TX	79601	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
FOOD BANK OF ABILENE
5505 N 1ST STREET	ABILENE	TX	79603	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
HENDRICK MEDICAL CENTER
1900 PINE STREET	ABILENE	TX	79601	NONE	PUBLIC CHARITY	OPERATIONS	$5,000
JUNIOR ACHIEVEMENT
3300 S 14TH STE 204	ABILENE	TX	79605	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
LOVE AND CARE MINISTRIES
233 FANNIN STREET	ABILENE	TX	79603	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
MEALS ON WHEELS
949 MESQUITE ST	ABILENE	TX	79601	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
NOAH PROJECT
1636 N 20TH STREET	ABILENE	TX	79601	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
SALVATION ARMY
1726 BUTTERNUT	ABILENE	TX	79602	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
SERENITY FOUNDATION OF TEXAS
1546 N 2ND STREET	ABILENE	TX	79601	NONE	PUBLIC CHARITY	OPERATIONS	$1,000
SOUTHWEST GUIDE DOG
PO BOX 691582	SAN ANTONIO	TX	78269	NONE	PUBLIC CHARITY	OPERATIONS	$500
UNIVERSITY OF TEXAS EL PASO
500 WEST UNIVERSITY AVENUE	EL PASO	TX	79968	NONE	PUBLIC UNIVERSITY	OPERATIONS	$5,000

Field	Value	IRS element (for citing)
Tot Grant Or Contri Paid During Year	22000	TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future	0	TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$5,084	ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$8,509	ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

Field	Value	IRS element (for citing)
Exclusion Code	18	ExclusionCode
Exclusion	$8,240	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Unrelated Business Income	$0	UnrelatedBusinessIncomeAmount
Exclusion	$21,833	ExclusionAmount
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Part XVIA	21833	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	0	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	0	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	0	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	0	RentalOfFacilitiesEtc
Reimbursement Arrangements	0	ReimbursementArrangements
Loans Or Loan Guarantees	0	LoansOrLoanGuarantees
Performance Of Services Etc	0	PerformanceOfServicesEtc
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	0	RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

Field	Value	IRS element (for citing)
Amount	$1,163	Amount
Net Investment Income	1163	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corp Bonds InvestmentsCorpBonds (3 entries)

Name Of BondNameOfBond	EOY Book ValueEOYBookValue	EOYFMVEOYFMV
MORGAN STANLEY	25423	25461
GOLDMAN SACH GROUP INC	0	0
INTEL CORP	24987	25701

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

Field	Value	IRS element (for citing)
Name Of Stock	PUBLICLY TRADED STOCKS	NameOfStock
EOY Book Value	323285	EOYBookValue
EOYFMV	364656	EOYFMV

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Securities EOY Book Value	28708	USGovtSecuritiesEOYBookValue
US Govt Securities EOYFMV	31434	USGovtSecuritiesEOYFMV
State Local Securities EOY Book Val	0	StateLocalSecuritiesEOYBookVal
State Local Securities EOYFMV	0	StateLocalSecuritiesEOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (2 entries)

DescriptionDescription	Revenue And Expenses Per BooksRevenueAndExpensesPerBooks	Net Investment IncomeNetInvestmentIncome	Disbursements Charitable PrpsDisbursementsCharitablePrps
OTHER ADMINISTRATIVE EXPENSE	42	42	0
FOREIGN TAX ON DIVIDENDS	62	62	0

Taxes Schedule TaxesSchedule

Taxes Taxes

Field	Value	IRS element (for citing)
Category	2010 FEDERAL INCOME TAX	Category
Amount	$80	Amount
Net Investment Income	80	NetInvestmentIncome
Disbursements Charitable Prps	0	DisbursementsCharitablePrps